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.

Israel kills 46 Gazans waiting for aid as hostage families call for end to war

Civil defense spokesman Mahmud Bassal told AFP that 21 people were killed and around 150 wounded by Israeli fire near...
  • The territory of more than two million people is suffering from famine-like conditions after Israel blocked all supplies from early March to the end of May.
  • France condemned what it called deadly "Israeli fire" against civilians in a statement from the foreign ministry apparently referring to the Netzarim corridor incident.

Oil slides, stocks rise as Iran-Israel ceasefire holds

The main international and US oil contracts briefly bounced off their lows as Israel and Iran accused each other of...
  • Prices were also brought down by Trump saying that China could continue to buy oil from Iran, in what appeared to be relief from sanctions Washington had previously imposed.
  • There was also relief that Iran has refrained from closing the strategic Strait of Hormuz, a chokepoint for about one-fifth of the world's oil supply.

Iran says not seeking nuclear weapons but will assert ‘legitimate rights’

As a fragile ceasefire with Israel took hold after 12 days of fighting that also included US strikes, Pezeshkian told...
  • The war between the longtime regional foes saw Israel strike Iranian nuclear facilities and killed nuclear scientists and the country's top military brass.
  • On Sunday, Israel's ally the United States launched unprecedented strikes of its own on Iranian nuclear facilities at Fordo, Isfahan and Natanz.

Pro-Palestinian protest leader details 104 days spent in US custody

Mahmoud Khalil, one of the most prominent leaders of pro-Palestinian protests on US campuses, recounted his experience surviving 104 days...
  • Khalil, a legal permanent resident in the United States who is married to an American citizen and has a US-born son, had been in custody since March facing removal proceedings
  • "I shared a dorm with over 70 men, absolutely no privacy, lights on all the time," the 30-year-old said Sunday on the steps of Columbia University, where he was a graduate student

NATO summit seeks to keep Trump happy – and alliance united

From meeting his spending demand to limiting the participation of Ukraine's President Volodymyr Zelensky, everything is being done to try...
  • The overriding focus of the gathering - which kicks off with dinner hosted by the Dutch king - has been on keeping Trump happy after his return to power
  • From meeting his spending demand to limiting the participation of Ukraine's President Zelensky, everything is being done to avoid chances of confrontation with volatile leader

‘Unidentified’ drone hits Baghdad base: Iraq security officials

An "unidentified" drone struck a military base in Baghdad early Tuesday while another fell in the west of the capital,...
  • The first attack hit a radar system at the Taji base, causing only material damage, a security source told AFP.
  • The strikes come hours after Iran launched missiles at a US military facility in Qatar in retaliation for the American bombing

Trump announces phased ceasefire to end conflict, Iran offers to halt strikes if Israel stops

The adversaries had been swapping missile fire since Israel carried out surprise "preemptive" strikes against Iran on June 13, targeting...
  • Trump had said the ceasefire would be a phased 24-hour process beginning at around 0400 GMT Tuesday, with Iran halting all operations. Israel would follow suit 12 hour later
  • Abbas Araghchi suggested that Iran had already halted its operation at 4am Tehran time (0030 GMT) -- and wanted a simultaneous end in attacks from Israel as well

Iranian ballistic missiles target US base in Qatar, the largest in Middle East

No casualties reported in the attack that came a day after the US attacked three key nuclear facilities in Iran....

EU seeks Gaza progress after Israel found in breach of cooperation deal

Brussels, Belgium -- The EU said Monday that Israel must improve the humanitarian situation in Gaza or else face possible...
  • The European Union's top diplomat, Kaja Kallas, said the bloc hopes to use a review of the EU-Israel Association Agreement to pressure Israel to ease suffering in Gaza.
  • The bloc last month launched an audit of the EU-Israel deal, which forms the basis for trade ties, under one of its articles calling for respect of human rights.

Airlines suspend or reduce flights in Middle East after Iran strikes

British Airways cancelled flights between London's Heathrow Airport and Dubai and Doha on Sunday following the US strikes on Iran....
  • Germany's Lufthansa group, whose other airlines include Swiss, Austrian and ITA, has suspended flights to the Middle East until June 30.
  • Turkish airline Pegasus has scrapped flights to Iraq, Jordan and Lebanon until June 30, and Iran until July 30.

1.1 billion children worldwide face three climate threats

Dubai, UAE -- Nearly half of the world's children – or around 1.1 billion children – are exposed to at...

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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...

Trump warns Israel not to ‘interfere’ in Syria, days after deadly operation killed 13 people

"It is very important that Israel maintain a strong and true dialogue with Syria, and that nothing takes place that...

Trump says US freeze on asylum decisions will last ‘a long time’

US President Donald Trump said Sunday his administration intends to maintain a pause on asylum decisions for "a long time"...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

The tiring task of repairing Gaza’s tattered banknotes

Nuseirat, Palestinian Territories - With a pot of glue, a blade and a keen eye, Manal al-Saadani repairs tattered banknotes...
  • As Gaza remained blockaded for much of the Israel-Hamas war since October 2023, basic supplies were depleted, including banknotes, with no new ones supplied to its banks
  • The Bank of Israel's first Series C notes featured the portraits of prominent Hebrew poets, with the 20 note in red, the 50 in green, the 100 in orange and the 200 in blue

Hezbollah says has ‘right’ to respond to Israel’s killing of military commander

Hezbollah's leader on Friday said the group had the right to respond to Israel's assassination of its top military chief...
  • In a televised speech, Naim Qassem called the killing of Haytham Ali Tabtabai "a blatant aggression and a heinous crime", adding that his group had "the right to respond."
  • Qassem insisted that the Iran-backed group has respected the November 2024 ceasefire that sought to end over a year of hostilities with Israel

Negotiations under way on Hamas fighters trapped in Gaza tunnels: sources close to talks

An Israeli government spokesperson told AFP earlier this month that Prime Minister Benjamin Netanyahu "is not allowing safe passage for...
  • Israeli media has reported that for weeks that between 100 and 200 Hamas militants have remained trapped in a network of tunnels under the city of Rafah
  • A prominent Hamas member in Gaza told AFP that the group estimated their number to be between 60 and 80, and said they were "under siege" but would not surrender