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.

Iran-Israel war opens ‘new road’ for Mideast: US envoy to Turkey

The Iran-Israel war has opened the way to a "new road" for the Middle East in which Turkey will have...
  • "The Middle East is ready to have a new dialogue, people are tired of the same old story," he said, saying it was essential for decades-long enmities to be reframed
  • Barrack also said he believed there would be a ceasefire soon in the deadly Gaza war which would also speed up a shift in regional thinking

Netanyahu eyes hostage breakthrough as Gaza families mourn victims

His comments lifted hope for a new ceasefire in the devastating conflict in the Palestinian territory, after US President Donald...
  • His comments lifted hope for a new ceasefire in the devastating conflict in the Palestinian territory, after Trump said he hoped a truce could be sealed within a week
  • Netanyahu said that after his country's recent "victory" over Iran in their 12-day war, "many opportunities have opened up... first of all, to rescue the hostages."

Iran voices ‘serious doubts’ over Israel commitment to ceasefire

"We have serious doubts over the enemy's compliance with its commitments including the ceasefire, we are ready to respond with...
  • The 12-day war erupted on June 13, when Israel launched a bombing campaign in Iran that killed top military commanders and scientists linked to its nuclear programme
  • The fighting derailed nuclear talks between Iran and the United States, which later joined its ally Israel's campaign with strikes on Tehran's nuclear facilities

Iran voices ‘serious doubts’ over Israel’s commitments, including the ceasefire

Iran also writes to the UN chief to recognize the Israeli regime and the United States as the "initiators of...
  • According to Iran's health ministry, at least 627 civilians were killed and 4,900 injured during the 12-day war with Israel.
  • Retaliatory missile attacks by Iran on Israel killed 28 people, according to Israeli authorities.

G7 to exempt US multinationals from global minimum tax

The deal will see US companies benefit from a "side-by-side" solution under which they will only be taxed at home,...
  • Nearly 140 countries struck a deal in 2021 to tax multinational companies, an agreement negotiated under the auspices of he Organization for Economic Co-operation and Development.
  • That agreement, deeply criticized by Trump, includes two "pillars," the second of which sets a minimum global tax rate of 15 percent.

Israeli forces kill 37 Gazans, including nine children, some of them waiting for food aid

Civil defense spokesman Mahmud Bassal said 35 people were killed in seven Israeli drone and air strikes in various locations,...
  • He said the dead included three children who were killed in an air strike on a home in Jabalia, in northern Gaza.
  • Bassal said at least six more children died in a neighborhood in the northeast of Gaza City, including some in an air strike near a school where displaced people were sheltering.

Morocco’s Atlantic gambit: linking restive Sahel to ocean

Dubai, UAE -- A planned trade corridor linking the landlocked Sahel to the Atlantic is at the heart of an...
  • The "Atlantic Initiative" promises ocean access to Mali, Burkina Faso and Niger through a new $1.3-billion port in the former Spanish colony.
  • The Moroccan initiative aims to "substantially transform the economy of these countries" and "the region", said King Mohammed VI when announcing it in late 2023.

AI is learning to lie, scheme, and threaten its creators

In one particularly jarring example, under threat of being unplugged, Anthropic's latest creation Claude 4 lashed back by blackmailing an...
  • Meanwhile, ChatGPT-creator OpenAI's o1 tried to download itself onto external servers and denied it when caught red-handed.
  • For now, this deceptive behavior only emerges when researchers deliberately stress-test the models with extreme scenarios.

Yemen’s Huthi rebels say fired missile at Israel

Yemen's Iran-backed Huthi rebels said they fired a ballistic missile towards Israel on Saturday, in response to Israel's conduct towards...
  • In Israel, warning sirens sounded in several areas, before the army announced the "missile was most likely successfully intercepted."
  • It was the first missile launch against Israel announced by the Huthis since the June 24 ceasefire between Israel and Iran which followed their 12-day war

Iran holds state funeral for top brass slain in Israel war

Iran held a state funeral Saturday for some 60 scientists and commanders killed in its war with Israel, after its...
  • State television aired footage of thousands of black-clad mourners chanting "Death to America" and "Death to Israel" as they held aloft photographs of the dead
  • "Boom, boom, Tel Aviv," read one banner, referring to the retaliatory missile fire launched by Iran against Israel during their 12-day war

Trump, Iran president sign framework accord to end conflict, launch nuclear talks

The accord, signed electronically by both leaders, is intended to serve as a framework for a broader settlement rather than...

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Ukraine hails ‘real progress’ in Zelensky’s talks with US envoys to end the war with Russia

Kyiv's negotiator Rustem Umerov wrote on social media that the marathon diplomacy in the German capital had been "constructive and...

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...

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

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Israel says Hamas ‘will be disarmed’ after group proposes weapons freeze

Israel said Thursday that Hamas "will be disarmed" as part of the US-sponsored peace plan for Gaza, after a top...
  • Top Hamas leader Khaled Meshaal told Qatari news channel Al Jazeera that the militant group is open to a weapons "freeze", but rejects the demand for total disarmament
  • Shosh Bedrosian, spokeswoman for the Israeli prime minister's office, said "Israel will continue to follow the 20-point plan. There will be no Hamas inside of the Gaza Strip."

Hamas proposes weapons ‘freeze’ in return for long-term truce: leader to Al Jazeera

A top Hamas leader told Qatari news channel Al Jazeera on Wednesday that the militant group is open to a...
  • "This is the idea we're discussing with the mediators, and I believe that with pragmatic American thinking... such a vision could be agreed," top Hamas leader Khaled Meshaal said
  • As for the international peacekeeping force, Meshaal said the group was open to its deployment along Gaza's border with Israel, but was against its operation inside Gaza

UNRWA chief denounces Israeli police’s seizure of agency’s Jerusalem assets

The compound in Israeli-annexed east Jerusalem has been empty of UNRWA staff since January, when the law banning its operations...
  • "Today in the early morning, Israeli police accompanied by municipal officials forcibly entered the UNRWA compound in East Jerusalem," Philippe Lazzarini said on X
  • Lazzarini has been declared persona non grata by Israeli authorities, who banned his agency from operating inside the country early this year