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.

Israel military says approved plan for new Gaza offensive

The approval for the expanded offensive comes days after Israel's security cabinet called for the seizure of Gaza's largest city,...
  • Ismail Al-Thawabta, director general of the Hamas government media office in Gaza, told AFP on Wednesday that "the Israeli forces continue to carry out aggressive incursions."
  • AFP footage from Gaza City on Tuesday showed Palestinians fleeing Israeli strikes on the Zeitoun and Asqoola using overladen carts, vans and bikes.

Gulf tourists say Polish mountain town is a cool place

Zakopane, Poland -- Saudi photographer Fahad Alayyash gazed over the Alpine-like panorama of the Tatras, Poland's highest mountain range --...
  • Up to seven flights fly daily from the Gulf region at nearby Krakow Airport.
  • Arab customers constitute up to 30 percent of all summer guests at his five-star hotel in Zakopane.

Palestinian mother ‘destroyed’ after image used to deny Gaza starvation

Montreal, Canada - Palestinian-Canadian Faiza Najjar was able to leave Gaza last year, but could not bring her four adult...

Netanyahu floats ‘allowing’ Palestinians out of Gaza as mediators renew truce push

For Palestinians, any effort to force them off their land would recall the "Nakba", or catastrophe -- the mass displacement...
  • Past calls to resettle Gazans outside of the war-battered territory, including from US President Donald Trump, have sparked concern among Palestinians and global community
  • Netanyahu defended his war policies in a rare interview with Israeli media, broadcast shortly after Egypt said Gaza mediators were leading a renewed push to secure a 60-day truce

Zelensky says US summit in Alaska a ‘personal victory’ for Putin

Ukrainian President Volodymyr Zelensky said Tuesday that Russian counterpart Vladimir Putin had scored a "personal victory" by getting invited to...
  • Zelensky also ruled out withdrawing troops from Ukraine's eastern Donbas region as part of a peace deal, after Trump said he and Putin might negotiate a land swap to end the war
  • The summit, set to take place in Alaska on Friday, will be the first between a sitting US and Russian president since 2021 and comes as Trump seeks to broker an end to Ukraine war

The Elders group of global leaders terms Gaza situation ‘unfolding genocide’

The London-based group also called for the "recognition of the State of Palestine", but added "this will not halt the...
  • "What we saw and heard underlines our personal conviction that there is not only an unfolding, human-caused famine in Gaza. There is an unfolding genocide," it added.
  • "Transfers of arms and weapons components to Israel must be suspended immediately," it added, saying Prime Minister Benjamin Netanyahu should be sanctioned.

Iran security chief meets officials in Iraq before Lebanon visit

Ali Larijani, the head of Iran's top security body, met with senior officials in Iraq on Monday, ahead of a...
  • Tehran has suffered a series of blows in its long-running rivalry with Israel, including during 12 days of open war between the two countries in June
  • Israel, briefly joined by the United States, struck Iranian nuclear facilities, while Israel has also devastated Hamas and Hezbollah since late 2023

Accumulating bitcoin a risky digital rush by companies?

London, United Kingdom - US President Donald Trump's media group and Tesla, the electric carmaker owned by tech billionaire Elon...
  • Companies frequently own bitcoin to take part in sector activities such as "mining", which refers to the process of validating transactions in exchange for digital tokens
  • Other players who had core operations totally unrelated to cryptocurrency, such as Japanese hotel business MetaPlanet, have switched to buying bitcoin

US toughens terrorism ban of Pakistan separatist fighters

The United States on Monday toughened its terrorist designation of separatist militants in Pakistan's southwest Balochistan province who were behind...
  • The State Department listed the Baloch Liberation Army (BLA) as a foreign terrorist organization, which makes it a crime in the United States to provide support to the group
  • Washington had already listed the BLA under the less severe label of specially designated global terrorists, which targets financial resources

UN, media groups condemn Israel’s deadly strike on Al Jazeera team in Gaza

Dozens of Gazans stood amid bombed-out buildings in the courtyard of Al-Shifa Hospital in Gaza City to pay their respects...
  • Hospital director Mohammed Abu Salmiya said a sixth journalist, freelance reporter Mohammed Al-Khaldi, was killed in the strike that targeted the Al Jazeera team.
  • Mourners including men wearing blue journalists' flak jackets carried their bodies, wrapped in white shrouds with their faces exposed, through narrow alleys to their graves.

IAEA prepares to inspect Iran nuclear sites as US, Gulf states back Tehran accord

In Israel, Prime Minister Benjamin Netanyahu and Defence Minister Israel Katz said Israeli forces would remain indefinitely in what they...

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Defiant Khamenei insists ‘won’t back down’ in face of growing Iran protests

Iran's supreme leader Ayatollah Ali Khamenei on Friday insisted the Islamic republic would "not back down" in the face of...

Israel president meets diplomat expected to serve on Trump’s Gaza peace board

Israel's President Isaac Herzog on Thursday met with former UN Middle East envoy Nickolay Mladenov, whom media reports say is...

US could run Venezuela, tap its oil for years, Trump says less than a week after toppling Maduro

The United States could run Venezuela and tap into its oil reserves for years, President Donald Trump said in an...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Saudi strikes Yemen after separatist leader skips talks

A Saudi-led coalition struck the home province of Yemen's UAE-backed separatist leader on Wednesday, after he failed to show up...
  • The separatists said they were open to discussions but warned they had lost contact with their delegation in Riyadh
  • On Wednesday, more than 15 air strikes hit Dhale, a local official told AFP, killing four people, according to two hospital sources

US energy secretary says will control Venezuelan oil sales ‘indefinitely’

US Energy Secretary Chris Wright said Wednesday that Washington will control sales of Venezuelan oil "indefinitely," a day after President...
  • Trump said Tuesday that 30–50 million barrels of Venezuelan crude will be shipped to US ports, with the revenue under his control
  • On Saturday, US special forces snatched Maduro and his wife from Caracas and whisked them to New York to face trial on drug charges

Yemen separatists set for Riyadh talks after fighting: official

The leader of Yemen's separatists is heading to Riyadh on Tuesday for talks, a Yemeni official told AFP, after days...
  • Saudi Arabia had called for talks between the Yemeni factions in Riyadh at the request of Yemen's government
  • The Saudi-organised talks indicate the beginning of de-escalation efforts after clashes in Yemen's government-run areas