INSEAD Day 4 - 728x90

Geostrategy

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Ex-owner of world’s largest rhino farm arrested for trafficking

Johannesburg, South Africa -- South African police said they arrested Tuesday the former owner of the world's largest rhino conservation...
  • Hume, in his mid 80s, owned the largest rhino farm in the world until 2023 when it was bought by the African Parks NGO.
  • The 7,800-hectare (19,270-acre) "Platinum Rhino" site in the North West province is home to around 2,000 animals.

Stock markets cautious with eyes on Ukraine talks, US rates

Markets were also waiting for a key speech by the US Federal Reserve chief this week for clues on interest...
  • Defense stocks fell sharply as chances grew for a breakthrough in Ukraine peace talks, with Germany's Rheinmetall dropping 4.7 percent and France's Thales down 4.1 percent.
  • Traders hope Powell will provide more clues about a widely expected interest-rate cut at the Fed's September meeting, after data last week provided a mixed picture about inflation.

Israel demands release of all hostages after Hamas backs new truce offer

Mediators are awaiting an official Israeli response to the plan, a day after Hamas signaled its readiness for a fresh...
  • Mediator Qatar expressed guarded optimism for the new proposal, noting that it was "almost identical" to an earlier version agreed to by Israel.
  • Egypt said Monday that it and Qatar had sent the new proposal to Israel, adding "the ball is now in its court".

Syria commission says more than 300,000 may have gone missing since 1970s

The head of Syria's commission for missing persons said Monday the number of people who went missing during decades of...
  • Mohammed Reda Jalkhi, head of the commission created in May, said the body's mandate ranged from 1970, the year Hafez al-Assad took power
  • "Our estimates of the number of missing range between 120,000 and 300,000 people, and it could be more," he told state news agency SANA

Under Rubio, US has revoked visas of 6,000 students deemed to counter US interests

Rubio, to the delight of President Donald Trump's right-wing base, has proudly moved against students using an obscure law that...
  • The State Department did not break down the visas by nationality, even though Rubio has vowed to be aggressive in targeting students from China.
  • The top US diplomat in March told reporters that he was revoking visas daily, saying of activist students: "Every time I find one of these lunatics, I take away their visas."

Putin and Zelensky set for peace summit after Trump’s talks with him, alongside European leaders

Trump met Russian President Vladimir Putin in Alaska on Friday but the talks failed to yield any breakthrough on a...
  • Trump met Russian President Vladimir Putin in Alaska on Friday but the talks failed to yield any breakthrough on a ceasefire
  • Though White House envoy Steve Witkoff said both leaders had agreed to provide "robust security guarantees" to Ukraine

Dubai police retrieve stolen diamond worth $25 million

Dubai, United Arab Emirates -- Dubai police said on Monday they caught three thieves just hours after they stole a...
  • A diamond trader who had brought the jewel from Europe was lured to a villa by a crime gang under the pretense of a viewing by a potential wealthy client, police said.
  • But the gem was stolen when the diamond dealer arrived for the bogus inspection, the statement added.

Hamas accepts new Gaza truce proposal from mediators Qatar and Egypt

"The movement has submitted its response, agreeing to the mediators' new proposal. We pray to God to extinguish the fire...
  • Egypt said it and Qatar had sent the new proposal to Israel, adding "the ball is now in its court". Israel has yet to respond.
  • A Palestinian source familiar with the talks said mediators were "expected to announce that an agreement has been reached and set a date for the resumption of talks".

Zelensky returns to site of stunning Oval Office shouting match to talk peace with Russia

European leaders will join Zelensky in Washington on Monday, seeking above all else to prevent another Oval Office meltdown -- but...
  • On Friday, Trump met with Putin in Alaska to discuss the Ukrainian conflict, promising to run any proposals by both Ukraine and its European allies before agreeing to a deal
  • European leaders will join Zelensky in Washington on Monday, seeking above all else to prevent another Oval Office meltdown

Iranians struggle with GPS disruption after Israel war

Tehran, Iran - The streets of Tehran have become a confusing maze for driver Farshad Fooladi amid widespread GPS disruption,...
  • "For weeks I have been unable to work," said Fooladi, who uses Iran's homegrown ride-hailing app Snapp to find customers
  • Iran's communications ministry has said the disruptions were necessary for "security and military purposes", without giving further explanation

US and Iran agree to halt strikes, pursue technical talks: Official

AFP quoted an American official as saying that the technical talks are slated to continue on all areas of the...

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Iraq announces complete withdrawal of US-led coalition from federal territory

Iraq said on Sunday US-led coalition forces had finished withdrawing from bases within the country's federal territory, which excludes the...

Putin speaks to Israel, Iran leaders to help ‘de-escalate’ the situation: Kremlin

Russian President Vladimir Putin on Friday held calls with the leaders of Israel and Iran, the Kremlin said, offering mediation amid...

Saudi, Qatar, Oman convinced Trump to ‘give Iran a chance’: senior Saudi official

Two diplomatic sources told AFP on Thursday that the security posture at Qatar's Al-Udeid Airbase had been lowered after a...
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INSEAD Day 4- 300x600

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Trump to Iranians on his Truth Social platform: ‘Keep protesting’, ‘help on its way’

US President Donald Trump urged Iranians on Tuesday to keep protesting against the country's theocratic leadership, telling them "help is on...
  • Trump, who has repeatedly threatened Iran with military intervention, said Iranians should continue their nationwide protests
  • The Norway-based NGO Iran Human Rights (IHR) said it had confirmed 648 people killed during the protests, including nine minors

Starlink services disrupted in Iran amid expanding protests and broader measures affecting internet access

Widespread jamming of the Starlink satellite internet service used by some Iranian opposition members is a likely first in peacetime but...
  • Tehran has sought to completely cut off internet access as protests sparked by economic grievances have gathered pace
  • A blackout of the internet delivered by ground cables to PCs and mobile phone masts has lasted over three and a half days

Trump reposts suggestion that Rubio become next Cuba leader

President Donald Trump reposted a social media message on Sunday suggesting that US Secretary of State Marco Rubio, born to Cuban...
  • Repost comes a week after US forces seized Venezuela's authoritarian leader Nicolas Maduro in an overnight operation
  • Cuba's government has yet to respond to Trump's provocative suggestion that an American citizen could rule the island