INSEAD Day 4 - 728x90

Geostrategy

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.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Iran says it will administer Hormuz as talks make progress on Lebanon security

Mediators Qatar and Pakistan announced the creation of a direct communication channel designed to reduce the risk of misunderstandings and...
  • Tehran says Swiss negotiations produced progress on Lebanon, oil sanctions and access to frozen Iranian funds.
  • U.S. and Iran establish direct channels aimed at reducing risks around Hormuz and enforcing Lebanon truce.

Iran talks: Washington, Tehran agree mechanisms for Lebanon ceasefire, Hormuz security

Qatar and Pakistan, which mediated the negotiations at a lakeside resort in Switzerland, said in a joint statement that Washington...
  • Iranian Foreign Minister Abbas Araghchi said on social media that "major progress" had been achieved toward ending the conflict in Lebanon.
  • Iranian state media reported that sanctions relief, particularly measures affecting the country's oil industry, was also discussed during the Swiss meetings.

Digital Dubai’s contribution lifts Dubai in global city brand rankings

DUBAI, June 22 — Digital Dubai contributed an estimated AED31 billion ($8.5 billion) to Dubai’s overall brand value, helping the...
  • The study said Digital Dubai accounted for a significant share of Dubai’s nearly AED1 trillion place-brand value.
  • It also played a key role in boosting the emirate’s standing in the City Brand Strength Index, where Dubai scored 86 out of 100.

Dubai completes 30% of dedicated bus and taxi lanes expansion project

Dubai, UAE -- Dubai's Roads and Transport Authority (RTA) has completed 30% of a project to build 14.5 km of...
  • The project will add 14.5 km of dedicated lanes across six major roads, lifting Dubai's total network to 20.6 km.
  • RTA expects shorter travel times, improved service reliability and higher public transport ridership following completion.

Vance hails ‘historic’ US-Iran talks as Trump warns Tehran over Lebanon ‘proxies’

US and Iranian negotiators opened talks in Switzerland amid renewed tensions over Lebanon, with both sides linking progress to regional...
  • Trump threatens fresh strikes on Iran if Hezbollah attacks continue, raising pressure as negotiations enter a critical phase.
  • Tehran says no final agreement is possible without a lasting Lebanon ceasefire and keeps Hormuz Strait closed.

Trump threatens Hormuz tolls as Iran keeps strait closed ahead of Switzerland talks

The developments came ahead of technical talks between U.S. and Iranian officials expected in Switzerland as both sides seek to...
  • Iran links renewed Hormuz closure to continued Israeli strikes in Lebanon and questions implementation of the interim accord.
  • Lebanon's state news agency NNA said Israeli strikes killed at least 20 people on Saturday.

Iran closes Hormuz over Lebanon strikes as US, Iranian teams head to Switzerland

Iran's joint military command said the move was prompted by what it described as Israeli violations of the understanding reached...
  • Technical discussions on implementing the interim accord are expected in Switzerland amid mounting regional tensions and uncertainty.
  • Lebanon's health ministry said the death toll since the latest Israel-Hezbollah conflict erupted on March 2 had reached 4,057.

Lebanon violence tests US-Iran accord as Israeli ministers harden rhetoric

Lebanon's Health Ministry said at least 21 people were killed and 39 wounded in overnight strikes across southern Lebanon.
  • "For every tear of an Israeli mother, a thousand Lebanese mothers must weep," Israeli minister Itamar Ben-Gvir wrote on social media.
  • Iranian Foreign Minister Abbas Araghchi condemned the remarks, saying they reflected Israel's desire for "permanent war".

Vance rebukes Israeli critics of Trump-Iran deal, says US remains Israel’s only ally

Vance said that if he were serving in Israel's cabinet, he would not be "attacking the only powerful ally that...
  • Israeli leaders insist they retain freedom to confront Hezbollah and Iran regardless of terms in the U.S.-Iran accord.
  • Vance earlier this week that the accord would make both Israel and the wider region safer and expressed confidence that Israel would eventually support it.

Middle East conflict exposes hydrogen supply risks: IEA

Dubai, UAE -- The conflict in the Middle East has disrupted production and trade in hydrogen-based products, exposing vulnerabilities in...
  • Global demand exceeded 100 million tons in 2025 while low-emissions hydrogen production approached one million tons.
  • Announced low-emissions hydrogen capacity expected by 2030 has fallen sharply because of project delays and cancellations.

Israel resumes Lebanon strikes as Rome peace talks seek lasting truce

The strikes and a renewed evacuation order in southern Lebanon cast doubt over US-backed negotiations seeking a lasting border security...

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Burnham names new cabinet after replacing Starmer as UK prime minister

Britain's new leader pledged a 10-year plan to ease living costs, re-industrialize the economy and decentralize power while reshaping his...

US launches ninth wave of strikes on Iran after death of another soldier

Iran's Revolutionary Guards said they had struck several U.S. military targets in Kuwait, including what they described as an early-warning...

UAE says retraction of Dubai ‘explosions’ report will not halt probe

Dubai, UAE -- The government has said that Reuters' decision to withdraw and apologise for a report claiming explosions were...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Iran says it has suspended commitments to MoU as it is ‘busy defending the country’

US struck Iran for the seventh consecutive night, prompting Tehran to launch attacks on the neighboring Gulf nations. GCC has...
  • US strikes killed three people in Hormozgan and injures eight others, according to Iranian media.
  • Jordan's army said it intercepted 10 Iranian missiles, reporting no casualties or damage.

US strikes hit Iran for the six consecutive time as energy concerns rise

For the first time in the latest escalation, US strikes also reached areas around the Iranian capital. Iran responded by...
  • IEA Executive Director Fatih Birol warned that the world should be concerned about energy security unless the United States and Iran quickly restore oil flows through Hormuz.
  • Oil prices edged higher on Friday as traders assessed mounting risks to crude supplies from the Gulf.

US, Iran exchange fresh strikes as Trump says Tehran wants to ‘settle’

US Central Command (Centcom) said the latest operation struck Iranian command centers, air defense sites, missile and drone capabilities, as...
  • Iranian health official Hossein Kermanpour said at least 35 people had been killed and about 300 wounded in US attacks since the latest round of hostilities began this month.
  • The provinces of Hormozgan, Sistan and Baluchestan, and Khuzestan sustained the heaviest damage, he said.