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.

Norway sovereign fund drops investments in 11 Israeli companies

Oslo, Norway -- Norway's sovereign wealth fund, the world's largest, said Monday that it was selling its investments in 11...
  • Nicolai Tangen, chief of Norges Bank Investment Management (NBIM), which manages the fund, said the decision was taken "in response to extraordinary circumstances".
  • Norway's wealth fund is the biggest in the world with a value of around $1.9 trillion, with investments spanning the globe.

Netanyahu announces plan to allow foreign reporters into Gaza

Israeli Prime Minister Benjamin Netanyahu announced on Sunday a plan to allow more foreign journalists to report inside Gaza with...
  • Israel has blocked most foreign correspondents from independently accessing the territory since it launched its campaign there
  • "We have decided and have ordered, directed the military to bring in foreign journalists, more foreign journalists, a lot," Netanyahu said

Netanyahu says new Gaza plan ‘best way to end the war’ as criticism intensifies

UN says 'if these plans are implemented, they will likely trigger another calamity in Gaza, reverberating across the region and...
  • The premier has faced regular protests over the course of the war, with many rallies calling for the government to strike a ceasefire and hostage-release deal.
  • Netanyahu, however, has also come under pressure from the far right to go harder on Hamas, with Finance Minister Bezalel Smotrich slamming the new plan as half-hearted.

Jordan says to host Syria-US meeting on reconstruction

The meeting, which will be attended by Syrian Foreign Minister Asaad al-Shaibani and US special envoy for Syria Thomas Barrack,...
  • It is a continuation of discussions held between the officials in Amman on July 19 about deadly clashes in the Druze-majority Syrian province of Sweida.
  • The violence between Druze fighters and Sunni Bedouins in July ultimately drew the intervention of government forces and tribal fighters as well as Israeli forces.

Salah criticizes UEFA for ‘Palestinian Pele’ tribute: ‘Tell us how he died’

Obeid, 41, was killed on Wednesday when Israeli forces "targeted people waiting for humanitarian aid in the southern Gaza Strip", the...
  • UEFA posted on X: "Farewell to Suleiman al-Obeid, the 'Palestinian Pele'. A talent who gave hope to countless children, even in the darkest of times."
  • Born in Gaza City, Obeid was married and had five children. He played 24 international matches for team Palestine.

Thousands protest in Tel Aviv against Israeli govt move to expand Gaza war

Demonstrators waved signs and held up pictures of hostages still being held in the Palestinian territory as they called on...
  • A group representing the families of hostages said as many as 100,000 people participated.
  • Out of 251 hostages captured during Hamas's 2023 attack, 49 are still being held in Gaza, including 27 the military says are dead.

Russia cautious on Armenia-Azerbaijan deal, Iran reject border corridor

Russia cautiously welcomed a US-brokered draft deal between Armenia and Azerbaijan on Saturday, but Moscow's regional ally Iran rejected the...
  • The two former Soviet republics signed a peace deal in Washington on Friday to end a decades-long conflict, though the fine print and binding nature of the deal remained unclear
  • The US-brokered agreement includes establishing a transit corridor through Armenia to connect Azerbaijan to its exclave of Nakhchivan, a longstanding demand of Baku

Iran opposes Lebanese govt’s decision to disarm Hezbollah: Khamenei adviser

Iran opposes the Lebanese government's decision to disarm the Tehran-backed militant group Hezbollah, a senior adviser to supreme leader Ayatollah...
  • "The Islamic Republic of Iran is certainly opposed to the disarmament of Hezbollah," international affairs adviser Ali Akbar Velayati said
  • The Lebanese cabinet on Tuesday authorised the army to draw up a plan to establish the state's exclusive control over weapons

Armenia and Azerbaijan commit to a lasting peace after decades of conflict at summit with Trump

The two former Soviet republics "are committing to stop all fighting forever, open up commerce, travel and diplomatic relations and...
  • Armenian Prime Minister Nikol Pashinyan and Azerbaijan's longtime President Ilham Aliyev said Trump's mediation should earn him a Nobel Peace Prize
  • The two former Soviet republics "are committing to stop all fighting forever, open up commerce, travel and diplomatic relations and respect each other's sovereignty."

Putin-Trump summit to meet on Friday on Ukraine: what we know so far

On his Truth Social site on Friday, Trump announced that his meeting with Putin would be held in the far-north...
  • Trump has spent his first months in office trying to broker peace but multiple rounds of peace talks, phone calls and diplomatic visits have failed to yield a breakthrough
  • On his Truth Social site on Friday, Trump announced that his meeting with Putin would be held in the far-north US state of Alaska on August 15, later confirmed by the Kremlin

Summer Davos: WEF urges scaling innovation into growth and jobs

Dubai, UAE -- Global political and business leaders called for faster adoption of emerging technologies and closer international cooperation to...

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Yemen separatist leader fled to UAE: Saudi-led coalition

Aidaros Alzubidi was accused of high treason and removed from Yemen's Presidential Leadership Council on Wednesday, while the coalition bombed...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Venezuelan parliament swears in interim president after Maduro’s ouster

Venezuela's parliament swore in Delcy Rodriguez as interim president on Monday, two days after US forces seized her predecessor Nicolas...
  • Rodriguez, who has indicated she will cooperate with Washington, took the oath of office during a ceremony in the National Assembly
  • Parliament denounced the capture of leftist leader Maduro while vowing support for his stand-in Rodriguez after the US military attack

Oil prices gain, as equities extend record run higher

Oil prices have experienced choppy trading since the surprise US raid Saturday on Caracas that saw Venezuelan president Nicolas Maduro...
  • Brushing off geopolitical concerns, some major stock markets have begun the new year with new all-time highs, having smashed records in 2025.
  • Seoul rose more than one percent Tuesday to top 4,500 points for the first time, helped by another strong rally in chip giant SK hynix.

US operation in Venezuela undermined international law: UN

"States must not threaten or use force against the territorial integrity or political independence of any state," Ravina Shamdasani, spokeswoman...
  • Shamdasani said the UN rights office had spent years reporting on the "continued deterioration" in Venezuela.
  • But she dismissed US justifications for its actions, saying accountability for rights violations "can't be achieved by military intervention in violation of international law".