INSEAD Day 4 - 728x90

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.
  • NATO member Turkey, which has strove to maintain relations with both Kyiv and Moscow, has become a key mediator amid...

    NATO member Turkey, which has strove to maintain relations with both Kyiv and Moscow, has become a key mediator amid US President Donald Trump's push for a deal

    At negotiations in Istanbul on May 16, Ukraine said Russia threatened to accelerate its ground offensive into new regions and made a host of hardline demands

  • The Islamic State (IS) group on Thursday claimed its first attack on Syria's new government forces since the fall of...

    In a statement picked up by SITE Intelligence Group, IS said it had planted an "explosive device" on a Syrian forces' vehicle in the southern province of Sweida.

    Reported attacks by the group in areas controlled by the Islamist-led government, which took power after Assad's ouster in December, have been scarce

  • Vancouver, Canada -- Two and a half years since ChatGPT rocked the world, scientist and writer Gary Marcus still remains...

    Marcus's criticism centers on a fundamental belief: generative AI, the predictive technology that churns out seemingly human-level content, is too flawed to be transformative.

    The large language models (LLMs) that power these capabilities are inherently broken, he argues, and will never deliver on Silicon Valley's grand promises.

  • Riyadh, Saudi Arabia -- With artificial intelligence, more shade and misting machines, Saudi authorities are preparing to welcome more than...

    Saudi Arabia's hajj minister Tawfiq al-Rabiah told AFP on Thursday that efforts to mitigate the searing desert heat remained a top focus among authorities.

    This year, Rabiah said authorities have mobilized more than 40 government agencies and 250,000 officials and doubled their efforts to mitigate heat-related risks.

  • Geneva, Switzerland – The global economic outlook has worsened since the start of the year, as rising economic nationalism and...

    Nearly all the chief economists (97 percent) place trade policy among the areas of highest uncertainty, followed by monetary policy (49 percent) and fiscal policy (35 percent).

    This uncertainty is expected to weigh on key economic indicators, including trade volumes (70 percent), GDP growth (68 percent) and foreign direct investment (62 percent).

  • President Donald Trump's administration is seeking unprecedented control over leading US universities, including revoking foreign student visas and deporting some...

    The government plans to ramp up vetting of the social media profiles of international applicants to US universities, the cable said.

    Rubio earlier rescinded hundreds of visas and the Trump administration has moved to bar Harvard University from admitting non-Americans.

  • Iranian President Masoud Pezeshkian on Tuesday began a two-day visit to Oman, which is mediating ongoing nuclear talks between Tehran...

    Pezeshkian travelled to Muscat looking to promote "peace and stability", he said, two days after US President Donald Trump described the latest negotiations as "very, very good".

    "We hope to engage in dialogue to reach a shared perspective and a common voice on promoting peace and stability in the region," Pezeshkian said in a televised speech

  • The trade-dependent economies are looking to insulate themselves after US President Donald Trump blew up global trade norms by announcing...

    Though he subsequently instigated a 90-day pause for most, the experience has spurred ASEAN and others to accelerate efforts to diversify their trading networks.

    China is only Southeast Asia's fourth largest source of foreign direct investment, after the United States, Japan and the European Union, noted NUS' Chong.

  • A controversial US-backed aid group for Gaza announced Monday that it had begun distributing food in the war-ravaged Palestinian territory,...

    The Gaza Humanitarian foundation (GHF) said in a statement that it commenced operations in Gaza today, delivering truckloads of food to its Secure Distribution Sites

    The United Nations and international aid agencies have meanwhile said they will not cooperate with the GHF, amid accusations it is working with Israel

  • Hamas said Monday it had accepted a new ceasefire proposal by US envoy Steve Witkoff, presented by mediators, but a...

    Israel has in recent weeks expanded its offensive in the Gaza Strip, drawing international condemnation as aid trickles in following a monthslong blockade

    European and Arab leaders meeting in Spain over the weekend called for an end to the "inhumane" war, while humanitarian groups said the trickle of aid was not enough