INSEAD Day 4 - 728x90

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AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.
  • Israel army seizes Gaza parliament, other government buildings

    Military units "took over the Hamas parliament, the government building, the Hamas police headquarters and an engineering faculty that served as an institute for the production and development of weapons," the army said in a statement.
  • Electricity plays key role in making UAE sustainable

    “In the UAE, we recognize the energy security and climate challenges and have devised multiple strategies to make the sector resilient and sustainable. We recently updated the UAE Energy Strategy 2050 to reflect higher ambitions and commitment to addressing the climate and energy crises,” Al Mazrouei adds.
  • Biden exhorts Israel to protect Gaza’s Al-Shifa hospital

    Speaking to the reporters in the Oval Office, US president said he hoped and expected "that there will be less intrusive action relative to the hospital," adding that he was in touch with the Israelis on the matter. According to MSF, hundreds of people are stranded in the hospital complex...
  • Israel pauses bombing in Rafah for four hours

    Tel Aviv, Israel - The Israel Defense Forces (IDF) suspended its military operation in Rafah in the southern Gaza Strip, near the border with Egypt, for four hours for humanitarian aid, said Avichay Adraee, the IDF spokesperson for the Arab media. "We will allow a tactical pause in fighting in...
  • UN warns fuel shortage to halt Gaza aid work in ’48 hours’

    JERUSALEM - The UN agency for Palestinian refugees warned Monday its operations in war-torn Gaza would shut down within two days due to fuel shortages as fighting rages between Israel and Hamas. "The humanitarian operation in Gaza will grind to a halt in the next 48 hours as no fuel...
  • Reforms accelerate positive gender equality in MENA

    "We are working towards creating a more balanced environment where women can succeed alongside men in overcoming future challenges. There is a need for women's economic empowerment and increased opportunities as a catalyst for establishing a sustainable society where economic growth is inclusive," she adds
  • Concern grows for thousands trapped in Gaza hospital

    Crowds of people have crammed into the corridors of Al-Shifa to escape the fighting in Gaza between Israel and Hamas, adding to the overwhelming number of war casualties at the hospital. The facility was hit repeatedly overnight in a new round of strikes that knocked out the power for several...
  • Turkey halts joint-energy projects with Israel over Gaza war

    Dubai, UAE-- Turkey has suspended joint-energy projects with Israel over the latter's invasion and bombardment of the Gaza Strip, according to Turkish Minister of Energy Alparslan Bayraktar. The minister in a statement said: "It would be inappropriate to talk about the implementation of projects with Israel under such conditions. The...
  • Saudi Arabia set to be global reference in smart cities

    "The use of generative artificial intelligence (AI) extends beyond urban design and development. It involves creating smart cities tailored to the needs of their residents, promoting sustainable and inclusive living environments," he adds, highlighting the crucial role of generative AI in city services and urban solutions.
  • Gaza’s post-war governance uncertain as war rages

    Israeli Prime Minister Benjamin Netanyahu, who has long sought to sideline the PA, on Wednesday told Fox News his country does not plan to reoccupy Gaza. Pushed on his plan for Gaza's future, Netanyahu said the impoverished and blockaded territory must be "demilitarized, deradicalized and rebuilt."
  • France rallies for Gaza, demanding ceasefire

    Pleading for an end to Israel's war on the Gaza Strip, thousands of pro-Palestine supporters took to streets in Paris under the rallying cry "Stop the massacre in Gaza." The left-wing organisers called for France to "demand an immediate ceasefire" between Israel and Hamas", as the death toll in Gaza...
  • Arab, Islamic leaders seek end to Israeli aggression

    The Joint Arab Islamic Extraordinary Summit, held in Riyadh calls for an immediate ceasefire and the establishment of a just and lasting peace based on a two-state solution.
  • Arab, Muslim leaders summit condemns Israel over Gaza offensive

    Arab and Muslim leaders condemned Israeli forces' "barbaric" actions in Gaza but declined to approve punitive economic and political steps against the country over its war against Hamas. The joint summit in the Saudi capital of the Arab League and the Organization of Islamic Cooperation highlighted regional divisions over how...
  • Russia spreading disinformation on Middle East situation, says Microsoft

    Paris, France - Russia has been spreading "disinformation" about the situation in the Middle East, the president of Microsoft said on Saturday, as tensions soar in the region due to the Israel-Hamas war. Brad Smith, Microsoft vice chair and president, was asked about the role of the US tech giant in...
  • Saudi to host joint Arab-Islamic summit on Gaza crisis

    Riyadh, Saudi Arabia - Saudi Foreign Ministry said on Saturday that the Kingdom will hold a joint Arab Islamic extraordinary summit here instead of two summits. “In response to the unprecedented circumstances in Gaza, and after consultation of the Kingdom of Saudi Arabia with the League of the Arab States...
  • Israel faces global calls to protect civilians in Gaza

    The suffering and death in Gaza has prompted growing calls for a halt in five weeks of fighting in order to protect civilian lives in the densely populated territory. French President Emmanuel Macron called on Israel to stop bombing civilians in Gaza, saying there was "no justification" and the deaths...
  • Sustainably yours: Redefining travel for green future

    The future of travel is expected to see greater use of renewable energy in transportation and advancements in technology, driving sustainable practices. The voluntary carbon offset market, meanwhile, is projected to grow significantly, reflecting the industry's commitment to sustainability.
  • Israeli bombing leaves Gaza with no safe zones, says Russia to UN

    New York, USA - There are no safe zones left in Gaza amid Israeli strikes, Russian Permanent Representative to the United Nations Vasily Nebenzya said. "(Israel’s) deliberate strikes on civilian facilities are a blatant violation of international humanitarian law," he pointed out at a UN Security Council meeting on the...
  • French president urges Israel to stop bombing Gaza civilians

    Emmanuel Macron, speaking to the BBC, cited examples of "these babies, these ladies, these old people" in urging Israel to stop bombing and killing people in Gaza, adding "there is no reason for that and no legitimacy." He said the continuous assault and the deaths in the Gaza Strip were...
  • Saudi Arabia sets ambitious goals for mining sector

    "We have begun discussions with 80 countries participating in the mining sector. ... An international platform has been established in Riyadh to support the development of the mining sector in the region, ensuring investment flow and aiding African and Central Asian countries in bringing more minerals to the market," he...
  • Saudi-African Summit calls for peace in Middle East

    The Summit held in Riyadh emphasizes resolving the Palestinian-Israeli conflict, urging international pressure on Israel for peace and addressing Gaza's humanitarian crisis.
  • AI safety & innovation: Key focus of UAE-Spain tie-up

    “I have been looking very carefully and intensely at the UAE’s strategy on AI, and it resonates a lot with Spain’s national strategy. Here, the UAE is doing an excellent job in promoting the country as a destination for top researchers and innovators,” she says on the sidelines of ADIA...
  • NGOs say full Gaza ceasefire needed to provide care

    About 10 non-governmental organizations told a press conference on the sidelines of a humanitarian summit hosted by France that a simple pause in the fighting would not alleviate what they called a humanitarian "catastrophe". Their appeal came as US President Joe Biden said there was "no possibility" of a ceasefire,...
  • Roadside blast hits global coalition troops in Iraq

    The forces encountered an IED (improvised explosive device) blast near the Mosul dam, the military official told AFP, speaking on condition of anonymity. No casualties were reported. This is the latest in a growing series of attacks on US personnel in the region, following the outbreak of the war between...
  • Israel agrees pauses in fighting but rules out ceasefire

    Tens of thousands of civilians have streamed out of devastated northern Gaza in recent days, with men, women and children clutching meagre possessions as they emerge from the devastated warzone. They have fled close-quarter fighting, with Hamas militants using rocket-propelled grenades against Israeli troops backed by armoured vehicles and heavy...
  • Gaza unrest poses risk to oil markets, global growth

    Middle East tensions likely to spur a mild global recession, with oil potentially hitting $120-$150 per barrel, says a latest report by Oxford Economics.
  • Iran rejects G7 calls to stop supporting Hamas

    Tehran, Iran - Iran on Thursday rejected a G7 statement which called on Tehran to stop supporting Hamas members and taking actions that "destabilize" the Middle East. Tehran's comment came a day after foreign ministers from the G7 group of advanced economies, meeting in Tokyo, expressed support for "humanitarian pauses and...
  • GCC hails progress on implementation of unified tourist visa

    Muscat -– In a significant stride towards enhanced regional cooperation, the Gulf Cooperation Council (GCC) has announced progress on the implementation of a unified tourist visa, marking a new milestone in the collective achievements of the member states. The announcement was made by the GCC Secretary General, Jasem Mohamed Albudaiwi,...
  • France to host ‘humanitarian aid’ conference for Gaza

    sraeli Prime Minister Benjamin Netanyahu has said there will be no fuel delivered to Gaza and no ceasefire with Hamas unless the hostages are freed. Macron spoke to Netanyahu on Tuesday and the pair will talk again once Thursday's aid conference is over, the Elysee Palace said.
  • Sharjah looks to boost economic, investment ties with Uganda and Kenya

    Sharjah, UAE-- In a groundbreaking move to strengthen ties with burgeoning markets in Africa, the Sharjah Exports Development Centre (SEDC) is spearheading a trade mission to Uganda and Kenya. This strategic venture aims to bolster economic and investment cooperation, paving the way for a new era of business opportunities. Under...
  • Israel strikes Gaza City as tens of thousands flee

    After more than a month of intense bombardment, hundreds of thousands of people remain trapped in a "dire humanitarian situation" in battle zones without enough food and water, the United Nations said. Israeli Defence Minister Yoav Gallant said Wednesday his forces were "tightening the stranglehold" around Gaza City.
  • Urgent need for container-specific data protection

    With cyber-attacks up to 85% from 76% last year, organizations must prioritize proven backup and recovery plans to stay ahead of threats, even if it means redesigning containerized environments to avoid being caught off-guard by ransomware, Cade adds.
  • Participants in Middle East conflict commit war crimes: UN official

    Geneva, Switzerland - UN High Commissioner for Human Rights Volker Turk has described hostage-taking by Palestinian armed groups and Israel's "collective punishment" of Palestinian civilians as war crimes. "The atrocities perpetrated by Palestinian armed groups on October 7 were heinous, brutal and shocking, they were war crimes - as is...
  • No evacuation from Gaza into Egypt: Hamas official

    According to the official, the Rafah crossing point remained closed because Israel refused to approve the list of wounded who were to be evacuated. As a result no wounded Palestinians or dual nationals were evacuated on Wednesday from Gaza to Egypt. The crossing reopened on November 1 to allow people...
  • Crisis escalates in Gaza as medical supplies dwindle

    The humanitarian situation in Gaza reaches a critical point as medical supplies run low and the Al-Awda Hospital faces closure due to a severe fuel shortage.
  • Israeli destruction of Gaza housing a war crime: UN expert

    A month of Israeli strikes on targets within the Gaza Strip have destroyed or damaged 45 percent of all housing units in the Palestinian territory, Balakrishnan Rajagopal said, warning the destruction comes at a "tremendous cost to human life". The UN special rapporteur on the right to adequate housing stressed...
  • Israel not to attend Macron’s humanitarian event for Gaza in France

    Macron had spoken on Tuesday to Israeli Prime Minister Benjamin Netanyahu and the pair will talk again once the aid conference is over, the Elysee Palace added.
  • G7 supports ‘pause’ in Gaza war but stops short of calling for ceasefire

    "We stress the need for urgent action to address the deteriorating humanitarian crisis in Gaza... we support humanitarian pauses and corridors to facilitate urgently needed assistance, civilian movement, and the release of hostages," the ministers said in a joint statement after talks in Japan.
  • Blinken says Israel should not ‘reoccupy’ Gaza

    "The United States believes key elements should include: no forcible displacement of Palestinians from Gaza, not now, not after the war; No use of Gaza as a platform for terrorism or other violent attacks; No reoccupation of Gaza after the conflict ends," Blinken told reporters. He added that other conditions...
  • MSF says staff member killed in Gaza bombing

    According to the UN Office for the Coordination of Humanitarian Affairs (OCHA), citing figures from the Hamas-run ministry of health, 192 health workers have been killed since the start of the war. The Hamas-controlled health ministry in Gaza says the war has killed more than 10,300 people, many of them...
  • ‘Gulf nations should unite for Palestinian cause’

    "Our stance on the Palestinian issue is unequivocal. The Palestinian people's right to resistance, including reclaiming their occupied land and confronting the Zionist entity, will persist," he adds, expressing optimism that the next phase would promote "greater unity and efficacy for Arab causes".
  • 18 hospitals forced to close their doors in Gaza: report

    Dubai, UAE - Eighteen hospitals in the Gaza Strip were forced to end their work in the Gaza Strip amid heavy Israeli shelling and air raids, the healthcare authority of the Palestinian exclave has told Al Jazeera. "A total of 18 hospitals, including eight state-run facilities, had to stop their...
  • US opposes reoccupation of Gaza by Israel: State Dept

    In a rebuke to the Israeli PM Benjamin Netanyahu who vowed to have "overall security" of Gaza after the war, the State Department said that the US does not support the reoccupation of the enclave, "Palestinians must be at the forefront of these decisions and Gaza is Palestinian land and...
  • Netanyahu says Israel will have ‘security responsibility’ of Gaza

    In the relentless bombardment and ground attacks, 10,328 Palestinians have been killed in the besieged enclave, 300 since Monday alone. The toll includes more than 4,000 children.
  • Gaza refugee camps: born during first Arab-Israeli war

    Over 760,000 Palestinians fled or were driven from their homes in what is referred to by Palestinians as the "Nakba" (catastrophe in Arabic). Around 180,000 fled to Gaza, with the rest scattered across the West Bank and neighboring Arab countries, specifically Jordan, Lebanon and Syria.
  • UAE to set up 150-bed field hospital in Gaza: official media

    The United Arab Emirates, a wealthy Gulf monarchy, broke with Arab tradition to establish ties with Israel in the 2020 Abraham Accords agreements. It has previously announced plans to bring about 1,000 Palestinian children and their families from the Gaza Strip for treatment at UAE hospitals.
  • Iran president to travel to Saudi Arabia for Gaza summit

    The upcoming summit is being organised by the Organisation of Islamic Cooperation (OIC), a 57-member bloc of majority Muslim countries. It will be Raisi's first visit to the kingdom since the two countries agreed to restore diplomatic relations after seven years of estrangement, a deal brokered by China in March.
  • Israel to take ‘security responsibility’ of Gaza: Netanyahu

    The Israeli military has relentlessly attacked Gaza by air, land and sea since October 7, when Hamas militants launched a cross-border attack that left 1,400 dead in Israel, most of them civilians, according to Israeli authorities, and over 240 hostages taken. The death toll in Gaza has surpassed 10,000 people,...
  • Qatar leads by example in money laundering control

    "Nations must take action to establish measures for detecting the physical cross-border movement of currency and negotiable instruments to combat smuggling," adds Al Jabrin, stressing the need for imposing proper, deterring penalties on individuals who falsify declarations and disclosures.
  • Economic strain looms over Lebanon, Jordan, Egypt and GCC; Gaza escalation to affect Israeli economy too

    A latest report by IIF highlights three possible outcomes from Gaza operations, each with profound implications for MENA economies and political stability.