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 extends access to airspace for overflights after ceasefire

Iran has expanded access to its airspace for international overflights following a ceasefire with Israel, though flight restrictions remain in...
  • Flights to and from airports in the north, south and west of the country, including Tehran's Mehrabad and Imam Khomeini international airports, remained suspended
  • The move comes after Iran reopened its eastern airspace on Wednesday, following a ceasefire that ended 12 days of fighting with Israel

Qatar urges Israel, Hamas to seize ‘window of opportunity’ for Gaza truce

US President Donald Trump voiced optimism on Friday about a new ceasefire in Gaza saying an agreement involving Israel and...
  • US President Donald Trump voiced optimism on Friday about a new ceasefire in Gaza saying an agreement involving Israel and Hamas could come as early as next week
  • Mediators have been engaged in months of back-and-forth negotiations with the warring parties aimed at ending 20 months of war in Gaza

Putin says Russia, Ukraine peace proposals “absolute contradictory”

Russian President Vladimir Putin said Friday that Russia and Ukraine's demands for peace were "absolutely contradictory", after two rounds of...
  • Russian and Ukrainian negotiators swapped memorandums outlining their visions for how to end the three-year conflict at peace talks in Istanbul this month
  • But other than large-scale prisoner exchanges, the talks have failed to result in any progress toward ending the fighting, triggered by Russian military offensive in February 2022

Doctors’ aid group slams US-backed Gaza relief scheme over deadly roll-out

The Gaza Humanitarian Foundation, which began operating last month and has largely replaced established humanitarian organisations, "is degrading Palestinians by...
  • The Gaza Humanitarian Foundation, which began operating last month and has largely replaced established humanitarian organisations
  • Starting in March, Israel blocked deliveries of food and other crucial supplies into Gaza for more than two months, leading to warnings of famine across a territory

Israel FM says world has ‘obligation’ to stop Iran getting nuclear bomb

Israel's foreign minister said Friday the world was obliged to stop Iran developing an atomic bomb, days after Israel claimed...
  • "Israel acted at the last possible moment against an imminent threat against it, the region and the international community," Gideon Saar wrote on X
  • The conflict erupted on June 13 when Israel launched a bombing campaign that it said aimed to stop Iran from developing a nuclear weapon - an ambition Iran has consistently denied

Iran says IAEA chief request to visit bombed sites suggests ‘malign intent’

Iran on Friday rejected a request by UN nuclear watchdog chief Rafael Grossi to visit facilities bombed by Israel and...
  • IAEA director general "Grossi's insistence on visiting the bombed sites under the pretext of safeguards is meaningless, Iranian foreign minister said
  • Araghchi again hit out at Grossi personally for not speaking out against the Israeli and US strikes on Iran's nuclear facilities, describing it as " betrayal of his duties."

Conflicts and related fatalities triple since 2000, fueling extreme poverty: WB

Washington, United States -- Conflicts and related fatalities have more than tripled since the early 2000s, fueling extreme poverty, the...
  • This year, 421m people get by on less than $3 a day in places hit by conflict or instability -- a situation of extreme poverty -- and the number is poised to hit 435m by 2030.
  • Global attention has been focused on conflicts in Ukraine and the Middle East for the past three years, said World Bank Group chief economist Indermit Gill.

US Supreme Court curbs power of individual judges to block Trump

In a 6-3 ruling stemming from Trump's bid to end birthright citizenship, the court said nationwide injunctions issued by district...
  • But the broader decision on the scope of judicial rulings will remove a big roadblock to Trump's often highly controversial orders and reaffirm the White House's power.
  • rump's birthright citizenship order has been deemed unconstitutional by courts in Maryland, Massachusetts and Washington state, leading him to make an emergency appeal to the SC.

UAE top court upholds life terms for 24 convicted in mass trial

Dubai, United Arab Emirates -- The UAE supreme court has jailed 24 people for life after upholding their convictions for...
  • The 24 were originally convicted in a mass trial of 84 people in July last year, most of whom had been behind bars since a similar mass trial of 94 people in 2013.
  • "Following yesterday's ruling... the total number of convicted individuals in this case has risen to 83 out of 84 referred to trial," WAM said.

Spain PM Sanchez says Gaza in ‘catastrophic situation of genocide’

Spanish Prime Minister Pedro Sanchez on Thursday said Gaza was in a "catastrophic situation of genocide" and urged the European...
  • The comments represent the strongest condemnation to date by the Socialist leader, an outspoken critic of the Israeli offensive in Gaza sparked by Hamas's 2023 attack on Israel
  • Sanchez mentioned a recent human rights review by the bloc's diplomatic service which, he said, addressed "the catastrophic situation of genocide unfolding in Gaza".

US-Iran framework centers on investment fund, sanctions waiver and nuclear talks

At the center of the memorandum of understanding is a proposed $300 billion private investment vehicle, known as the Reconstruction...

Company News

Latest News

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,...

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...

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

Most Read

US-Israel-Qatar meeting seeks to salvage Gaza peace deal amid strain over Israeli strike on Doha

Axios also reported White House envoy Steve Witkoff hosted the meeting, with Mossad spy chief David Barnea representing Israel and...
  • Two sources told US news outlet Axios it was "the highest level meeting between the countries since the deal to end the war in Gaza, for which Qatar served as a key mediator."
  • Axios also reported White House envoy Steve Witkoff hosted the meeting, with Mossad spy chief David Barnea representing Israel and an unnamed senior Qatari official in attendance

Trump says Putin wants to end war, US to hold new talks with Ukraine

Trump's envoy Steve Witkoff and son-in-law Jared Kushner huddled into the early hours with Putin in the Kremlin but reached...
  • Steve Witkoff and Jared Kushner huddled into the early hours with Putin in the Kremlin but reached no breakthrough on halting Europe's worst conflict since World War II
  • The Kremlin said afterward it found parts of the US plan to end the war unacceptable, even though the proposal includes Ukraine ceding parts of the eastern Donbas region

If Europe wants war with Russia, ‘we are ready,’ says Putin as he meets US envoys over Ukraine deal

Washington has presented a 28-point draft to end the conflict, later amended after criticism from Kyiv and Europe, which viewed...
  • The comments came as US envoy Steve Witkoff and President Donald Trump's son-in-law Jared Kushner were in Moscow for high-stakes talks on ending the nearly four-year war
  • "They have no peaceful agenda, they are on the side of war," he added, repeating his claim that European leaders were hindering US attempts to broker peace in Ukraine