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.

AI needs to be smaller, reduce energy footprint: UNESCO study

Paris, France -- The potential of artificial intelligence is immense -- but its equally vast energy consumption needs curbing, with...
  • OpenAI CEO Sam Altman recently said that each request sent to ChatGPT consumes on average 0.34 Wh of electricity, which is 10-70 times a Google search.
  • UNESCO calculated that AI energy demand is doubling every 100 days as generative AI tools become embedded in everyday life.

Five IDF soldiers killed, 14 injured in roadside bombing in Northern Gaza

Five Israeli soldiers were killed and 14 others injured late Monday night when a roadside bomb exploded during an ongoing...
  • The incident occurred around 10 p.m. as infantry soldiers on foot patrol were hit by an explosive device planted along a road
  • The attack took place during an operation led by the Gaza Division’s Northern Brigade and the 646th Reserve Paratroopers Brigade

US to send ‘more weapons’ to Ukraine, after last week’s halt to shipments: Trump

US President Donald Trump said Monday the United States will send additional weapons to Ukraine, after the White House announced...
  • "We're going to have to send more weapons -- defensive weapons primarily," Trump told journalists at the White House
  • "They're getting hit very, very hard," he said of Ukraine, while saying he is "not happy" with President Vladimir Putin

Trump hosts Netanyahu in push for Gaza deal, says Hamas too willing to end the conflict

Netanyahu's third visit since Trump's return to power comes at a crucial time, with the US president hoping to capitalize...
  • Netanyahu's third visit since Trump's return to power comes at a crucial time, with the US president hoping to build on the momentum from a recent truce between Israel and Iran
  • "I don't think there is a hold up. I think things are going along very well," Trump told reporters at the start of the dinner when asked what was preventing a peace deal

US revoking terrorist designation for Syria’s HTS

An armed coalition led by HTS leader Ahmed al-Sharaa overthrew then-Syrian president Bashar al-Assad in December, ending half a century...
  • The former fighter's rule as interim president has been cautiously welcomed in Washington, Europe and elsewhere, with Israel seeking to build ties with the new government.
  • US President Donald Trump last week formally dismantled US sanctions against Syria, saying he hoped to reintegrate the war-battered country into the global economy.

Use of eco-friendly rice bricks surges in water-scarce Kyrgyzstan

Rice blocks require less cement, which is responsible for approximately eight percent of global carbon dioxide emissions, according to 2023...
  • Nursultan Taabaldyev is one of the pioneers of the technology in Central Asia hailed as an environmentally friendly alternative to water-intensive concrete.
  • They are "made of 60 percent rice husks. The rest is clay, cement and a chemical-free glue," Taabaldyev told AFP.

Trump warns of 10% additional tariff for countries aligning with BRICS’ policies

BRICS leaders on Sunday described Trump's stop-start tariff wars as "indiscriminate", damaging, and illegal, drawing a quick rebuke from the...
  • The 11-nation grouping -- which also includes US allies Brazil, Saudi Arabia, and Indonesia -- is concluding a two-day summit in Rio de Janeiro.
  • BRICS members account for about half the world's population and 40 percent of global economic output.

Pro-Kurdish MPs to meet Erdogan after Ocalan talks

Lawmakers from the pro-Kurdish DEM party were to meet Turkish President Recep Tayyip Erdogan on Monday for talks described by...
  • DEM, Turkey's third biggest party, has played a key role in facilitating an emerging peace deal between the government and Ocalan
  • On Sunday, the delegation travelled to Imrali island where Ocalan has been serving a life sentence in solitary confinement since 1999

Hezbollah chief says won’t surrender under Israeli threats

Hezbollah leader Naim Qassem said Sunday his group would not surrender or lay down its weapons in response to Israeli...
  • His speech came ahead of a visit Monday by US envoy Thomas Barrack during which Lebanese authorities are due to respond to a request to disarm Hezbollah by year's end
  • "This (Israeli) threat will not make us accept surrender," Qassem said in a televised speech to thousands of his supporters in Beirut's southern suburbs

Netanyahu says Trump meeting could ‘advance’ Gaza ceasefire deal ahead of Doha talks

Speaking before boarding Israel's state jet bound for Washington, Netanyahu said: "We are working to achieve this deal that we...
  • Under mounting pressure to end the war, now approaching its 22nd month, the Israeli premier is scheduled to sit down on Monday with Trump
  • Speaking before boarding Israel's state jet bound for Washington, Netanyahu said: "We are working to achieve this deal that we have discussed."

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...

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German wheelchair user flies into space, a first

Houston, United States -- A German woman engineer on Saturday became the first wheelchair user to blast into space, taking...

Zelensky says US mooted direct Ukraine-Russia talks on ending war in Miami

Ukrainian President Volodymyr Zelensky said on Saturday that Washington had proposed the first face-to-face negotiations between Ukraine and Russia in...

US vows Hamas disarmament in talks on next Gaza phase as regional officials met

US Secretary of State Marco Rubio on Friday urged the disarmament of Hamas but voiced hope for headway on reaching...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Lebanese, Israeli officials discuss Hezbollah disarmament, security in border areas: PM office

Israel said a Friday meeting involving civilian and military representatives from both Lebanon and Israel was part of broader efforts...
  • Earlier this month, Lebanon and Israel agreed to send civilian representatives to the committee's meetings
  • It was the second time civilian representatives from both countries had taken part in a meeting as part of the committee

Netanyahu says to visit New York despite Mamdani arrest threat in compliance with ICC warrant

Israeli Prime Minister Benjamin Netanyahu said Wednesday he still planned to visit New York despite incoming mayor Zohran Mamdani's threats...
  • Mamdani has vowed to send the NYPD to enforce arrest warrants against leaders wanted by the ICC, including Netanyahu
  • Despite Mamdani's statements, an arrest of Netanyahu is considered unlikely, and it is debatable if the mayor-elect has the authority

Egypt says $35 billion Israel gas deal ‘commercial’, not ‘political’

Under the agreement, Israel will increase the total volume of gas supplied to Egypt to 130 billion cubic meters, according...
  • Egypt has struggled with energy supplies in recent years, having sought to both meet its domestic needs and position itself as a regional energy hub.
  • Egypt was the first country in the region to sign a peace deal with Israel in 1979, and the two countries have since had decades of close security collaboration.