INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

Egypt works behind-the-scenes to douse Gaza violence

On Saturday, the NNA reported several Israeli strikes on south Lebanon villages, with Hizbollah also claiming attacks on Israeli positions across the border.
  • Egyptian mediation efforts began on Friday when Israel launched attacks on what it described as Islamic Jihad targets
  • An Islamic Jihad delegation may travel to Cairo later on Saturday

Egypt is working to calm the latest escalation in Gaza that has included a barrage of rockets launched by Islamic Jihad militants in response to deadly Israeli air strikes, multiple sources said Saturday.

An Egyptian security source told AFP in Gaza that Cairo’s mediation efforts had been ongoing since Friday when Israel launched attacks on what it described as Islamic Jihad targets.

“We hope to reach a consensus to return to calm as soon as possible,” the source said.

Israeli army spokesman Richard Hecht had earlier referred to Egyptian mediation when briefing reporters about the bombardment, without providing specifics.

An Egyptian source separately said that a delegation from Islamic Jihad may head to Cairo later Saturday.

Hamas, the Islamist group that has controlled Gaza since 2007, has so far stayed clear of the latest round of Gaza violence, but was also in talks with Egypt.

Its Doha-based leader Ismail Haniyeh has held talks with “Egyptian intelligence” over the violence, a Hamas statement said.

Egypt, a historic broker between Israel and armed groups in Gaza, negotiated the ceasefire that ended an 11-day conflict in May of last year.