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.

Netanyahu vows to uproot Hamas as ceasefire proposals are discussed

The Israeli leader had yet to comment on US President Donald Trump's claim that Israel had backed a plan for...
  • The Israeli leader had yet to comment on Trump's claim that Israel had backed a plan for a 60-day truce in its offensive against Hamas in the war-ravaged territory
  • Nearly 21 months of war have created dire humanitarian conditions for the more than two million people in the Gaza Strip, where Israel has recently expanded its military operations

Hamas says discussing Gaza ceasefire proposals from mediators

It said it sought "to reach an agreement that guarantees ending the aggression, achieving the withdrawal (of Israel from Gaza)...
  • Qatar and Egypt have been mediating efforts to end the conflict that erupted in October 2023, when a deadly Hamas attack on Israel prompted a devastating Israeli offensive.
  • The new proposal "includes a 60-day truce, during which Hamas would release half of the (22) living Israeli captives in the Gaza Strip.

US halting some shipments of military aid to Ukraine

The White House said Tuesday it is halting some key weapons shipments to Ukraine that were promised under the Biden...
  • Stopping the delivery of munitions and other military aid including air defense systems likely would be a blow to Ukraine as it contends with Russia's missile and drone attacks
  • The curtailment of military aid signals a possible shift in the priorities of US President Donald Trump, who has pressed for Russia and Ukraine to speed up stalled peace talks

Macron, Putin discuss Iran, Ukraine in first talks since 2022

One week after a ceasefire ended Israel's 12-day war with Iran, the two men also discussed Tehran's nuclear programme, with...
  • One week after a ceasefire ended Israel's 12-day war with Iran, the two men also discussed Tehran's nuclear programme
  • Fighting still raged on the ground in Ukraine over three years after Russia's full-scale February 2022 invasion of its neighbour

Israel expands Gaza campaign ahead of Netanyahu’s US visit

The intensified operations came after days of mounting calls for a ceasefire, with US President Donald Trump -- whom Netanyahu...
  • The intensified operations came after days of mounting calls for a ceasefire, with US President Donald Trump -among those urging Israel to strike a new deal to halt the war
  • Israel's campaign to destroy the Palestinian militant group Hamas has raged on unabated, however, with Gaza reporting Israeli forces killed at least 20 people killed

Gaza mourns those killed in Israeli strike on seafront cafe

Once a bustling seafront spot where young people could hope for a rare respite from war, Gaza City's al-Baqa cafe...
  • The strike triggered a fresh outpouring of grief in the Palestinian territory already devastated by more than 20 months of war.
  • Tributes have also poured in for Ismail Abu Hatab, described by friends as a journalist and videographer.

Eight-country coalition aims to tax luxury air travel

Seville, Spain -- Countries including France, Kenya, Barbados and Spain on Monday launched a coalition to push for taxes on...
  • The coalition said it would work to increase the number of countries taxing plane tickets, including business-class travel, and private jets.
  • Greenpeace welcomed an "important step" to raise more money from "the most elite and polluting form of travel", which has remained "undertaxed".

British FM David Lammy in Turkey to bolster trade ties

Britain's top diplomat David Lammy held top-level talks in Ankara Monday that touched on developments in the Middle East and...
  • It was the first official visit by the British foreign secretary who took office a year ago, and held talks with his Turkish counterpart Hakan Fidan and President Erdogan
  • Speaking after the talks, Fidan said the pair discussed the 12-day Iran-Israel war that ended nearly a week ago, and the importance of shoring up the ceasefire

Gaza rescuers say Israeli forces kill 48 as ceasefire calls mount

The swift resolution of Israel's 12-day war with Iran has revived hopes for a halt to the fighting in Gaza,...
  • The swift resolution of Israel's 12-day war with Iran has revived hopes for a halt to the fighting in Gaza, where over 20 months of combat have created dire humanitarian conditions
  • US President Trump has recently urged Israel to "make the deal in Gaza", while key mediator Qatar said that "momentum" had been created by the truce with Iran last week

Iran decries ‘destructive’ conduct by IAEA chief

"The action taken by parliament members... is a natural response to the unjustified, unconstructive, and destructive conduct of the Director...
  • On Wednesday, Iranian lawmakers voted in favor of a  bill to suspend cooperation with the IAEA, citing Israel's June 13 attack on the Islamic republic and later strikes by the US.
  • Iran has also criticized the watchdog for passing a resolution on June 12 accusing it of non-compliance with its nuclear obligations.

Al Rajhi Bank becomes AFC Asian Cup Saudi Arabia 2027 regional partner

Dubai, UAE -- Saudi Arabia's Al Rajhi Bank has been named an exclusive regional partner of the AFC Asian Cup...

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Trump imposes full travel bans on seven more countries, Palestinians

Other countries newly subjected to the full travel ban came from some of Africa's poorest countries -- Burkina Faso, Mali,...

Global coal demand expected to hit record in 2025: IEA

In its annual report on the coal industry, the International Energy Agency said demand was on course to rise by...

Israeli army to demolish 25 residential buildings in West Bank camp: local authorities

The Israeli army is to demolish 25 residential buildings in the north West Bank's Nur Shams refugee camp later this...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Gunmen kill 11 at Jewish festival on Australia’s Bondi Beach, one of the biggest tourist draws

Police declared the shooting a "terrorist incident" and said they had found suspected "improvised explosive devices" in a vehicle near...
  • The shooting took place during an anncual "Hanukkah by the Sea" event at Bondi Beach which police said was attended by over a thousand people
  • Prime Minister Benjamin Netanyahu accused Australia's government of having fuelled anti-Jewish sentiment in the period leading up to the shooting

US envoy Witkoff to meet Zelensky, Europe leaders in Berlin at weekend

US President Donald Trump's special envoy will meet with Ukraine's Volodymyr Zelensky and other European leaders in Berlin this weekend,...
  • Ukrainian officials said they recently sent Washington an updated plan building on Trump's original 28-point peace proposal to end the war
  • Trump's plan, publicly revealed last month, was accused of echoing Moscow's key demands, including Ukraine giving up crucial territory to Russia

Erdogan pushes Putin on ‘limited ceasefire’ at ports, energy facilities in Russia-Ukraine war

Speaking on the sidelines of a summit in Turkmenistan, Erdogan told Putin that efforts to end the war were valuable,...
  • Erdogan's remarks came on the heels of several attacks on Russia-linked tankers in the Black Sea, some of which were drone attacks claimed by Kyiv
  • The attacks sparked harsh criticism from Ankara, which summoned envoys from both Russia and Ukraine, warning the strikes amounted to a "worrying escalation."