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.
  • Jordan keeps options open in response to Gaza conflict

    Amman, Jordan - Jordan has stated that it is considering "all options" in response to what it perceives as Israel's failure to distinguish between military and civilian targets in its escalating offensive and incursion into the Gaza Strip, Reuters reported on Monday. Prime Minister Bisher al Khasawneh refrained from specifying...
  • Anti-west boycott waves sweep across Middle East in Gaza solidarity

    Manama, Bahrain - In a convenience store in Bahrain, 14-year-old Jana Abdullah carries a tablet as she shops, checking a list of Western brands to avoid as Israel pounds Gaza in its campaign to destroy Hamas. Jana and her 10-year-old brother, Ali, used to eat at McDonald's nearly daily but they...
  • European Union to increase Gaza humanitarian aid by $27mn

    "By doing so the European Union will spend a total of 100 million euros in humanitarian aid for the civilians in Gaza," EU chief von der Leyen told EU diplomats in Brussels. Von der Leyen said flows of aid into Gaza from Egypt "remain too small" and the EU was...
  • 10,000 deaths raise specter of genocide in Gaza

    Some world leaders like Turkey's President Erdogan use the term genocide to describe Israeli actions in Gaza. Israel has also been accused of war crimes by rights organizations.
  • Russia calls for collective action to end fighting between Israel, Hamas

    Russia called for "collective action" to end fighting between Israel and Hamas, including an international conference, almost a month into the war that has left thousands dead. Russia, which has been waging a large-scale military operation in Ukraine for over 20 months, has also repeatedly criticized Western policies in the...
  • Over 60% of employment lost in Gaza since start of current conflict

    Beirut, Lebanon -- At least 61 per cent of employment, equivalent to 182,000 jobs, has been lost in the Gaza Strip since the start of the current Israel-Hamas war, a new ILO report estimates. The conflict in Gaza is also having a spillover effect in the West Bank, where an...
  • Diversification remains crucial for oil-rich nations

    Combating climate change demands global collaboration and collective action, European Commissioner for Cohesion and Reforms Elisa Ferreira tells TRENDS in an interview.
  • US encouraging Israel to kill and carry out cruel acts against Palestinians: Raisi

    Tehran, Iran--Iranian President Ebrahim Raisi on Monday accused the United States of "encouraging" Israel to kill and carry out "cruel acts" against Palestinians in the Gaza Strip. Gunmen from the Palestinian Islamist group Hamas stormed across Gaza's border with Israel on October 7, killing about 1,400 people, mostly civilians, and...
  • Heads of UN agencies urge Gaza ceasefire in rare joint statement

    The heads of 18 organizations including UNICEF, the World Food Program and the World Health Organization described the horrific toll on both sides since the October 7 Hamas cross-border attack from Gaza into Israel, which left about 1,400 people dead, mainly civilians, according to Israeli authorities. Israel has retaliated with...
  • UAE and China urge UN Security Council meeting on Gaza

    Dubai, UAE-- The United Arab Emirates (UAE) and China have called for a closed-door meeting of the UN Security Council on the Palestinian-Israeli conflict for Monday. The UN Security Council will discuss, in particular, the strikes on the Palestinian refugee camp Jabalia in the north of the Gaza Strip and...
  • Jordan and Lebanon call for international initiative to stop war on Gaza

    Amman, Jordan-- Jordan and Lebanon have called for the speeding up of international efforts to stop the war on Gaza and prevent a spillover of the conflict in the region. The exhortation to halt the destruction of life and property in the besieged enclave of the Gaza Strip came in...
  • Jordan air force drops ‘vital medical supplies’ in Gaza

    Taking to X, formerly Twitter, King Abdullah said that Jordan's air force personnel air-dropped at midnight urgent medical aid to Jordanian's field hospital in Gaza. Terming it as "our duty to aid our brothers and sisters injured in the war on Gaza", he said the kingdom will always be there...
  • Global AI economy will reach over $32 trillion by 2027

    The emergence of AI-managed portfolios marks a notable change in the investment realm. Success in this evolving landscape will require investors and professionals to be receptive to new technologies and to seek out novel approaches to managing portfolios, he adds.
  • Global trade at a crossroads as Gaza conflict intensifies

    With Suez Canal's pivotal role in global commerce, any disruption may send shockwaves through markets worldwide, challenging the resilience of international supply chains.
  • As Gaza death toll hits 9,770, Israel cuts internet and phone lines

    Israeli Heritage Minister Amichay Eliyahu was suspended from government meetings "until further notice" for advocating dropping a nuclear bomb on besieged and devastated Gaza.
  • Arab ministers meet in Jordan, seek resolution to Gaza conflict

    AMMAN, JORDAN  – Foreign ministers from key Arab nations – including Saudi Arabia, the United Arab Emirates, Egypt, Qatar, and representatives from the Palestinian Authority – met here to discuss strategies for ending the ongoing conflict in Gaza. The meeting, held on Saturday, was aimed at coordinating efforts to halt...
  • Blinken makes surprise West Bank visit as fierce fighting roils Gaza

    Blinken arrived in Ramallah under tight security one day after meeting in Jordan with Arab foreign ministers angered by mounting civilian deaths in Gaza, where the Hamas-run health ministry said dozens were killed in a strike on a refugee camp. Washington has rebuffed calls for a ceasefire, instead backing Israel's...
  • Israel forces kill three Palestinians in West Bank: ministry

    Further south, a 22-year-old Palestinian was "killed by Israeli occupation bullets in Nuba, northwest of Hebron," the ministry said. Meanwhile, a 17-year-old Palestinian "succumbed to his wounds after having been hit by Israeli occupation bullets several days ago in Al-Eizariya" also on the outskirts of Jerusalem, the ministry said.
  • Israelis protest in thousands over government response to Hamas attack

    In Jerusalem, hundreds came together outside Netanyahu's residence with more explicit calls for his resignation. The nine months leading up to October 7 saw mass protests over his hard-right government's divisive judicial reforms that opponents have called a threat to Israeli democracy.
  • Public defies world leaders, rallies to back Palestinians

    Global outcry mounts as thousands protest in the US, UK, France, and Germany, defying their governments' support for Israeli aggression and demanding ceasefire in Gaza.
  • Israeli bombing on refugee camp in Gaza kills 30: Hamas

    According to a statement posted by Hamas on Telegram, Israel "directly" bombed citizens' home, saying that most of the dead were women and children. Gaza's health ministry said that "more than 30 (dead) arrived at Al-Aqsa Martyrs Hospital in Deir Al-Balah in the massacre committed by the occupation in Al-Maghazi...
  • Expo City Dubai’s adaptive reuse redefines urban living

    "With sustainability as a top priority in the region, we are excited to see more developers consider repurposing properties and transforming existing structures into vibrant new spaces that benefit both the environment and the community. And with Expo City Dubai leading the way, we look forward to seeing where this...
  • Thousands rally in Berlin to support Palestinian civilians

    Berlin, Germany - Thousands took to the streets of Berlin on Saturday in solidarity with Palestinians in Gaza amid ongoing bombardments by Israel after the deadly Hamas attack on its territory on October 7. "We estimate the number of demonstrators at around 3,500, but more are arriving," a police spokeswoman told...
  • Israeli strike on UN school in Gaza kill 15 Palestinians, says Hamas

    The health ministry in Hamas-run Gaza said at least 15 people were killed when a UN school sheltering thousands of displaced Palestinians was hit by an Israeli strike. "The massacre at the Al-Fakhura school committed by the occupation (Israel) left 15 martyrs and 70 wounded," ministry spokesman Ashraf al-Qudra told...
  • UN rights body head criticizes rising hate sparked by Israel-Hamas war

    The UN human rights chief said that he was absolutely "disgusted" by the "sharp rise in hatred globally" since the war between Hamas and Israel began on October 7. Volker Turk strongly deplored the surge in cases of anti-Semitism, Islamophobia and other hate-speech, both online and offline.
  • Gaza suffers critical food shortages amid conflict

    Gaza faces a dire humanitarian crisis as food supplies near exhaustion and the financial sector falls into chaos amid the ongoing conflict, a WFP report points out.
  • Israel ‘significantly refined’ battle plans against Hamas after talks with US

    Tel Aviv, Israel - A senior Biden administration official revealed that Israel has made significant adjustments to its military strategy in its conflict with Hamas after engaging in discussions with the United States. The official emphasized that the US is closely scrutinizing the situation, particularly the rising civilian casualties, and...
  • Israel Foreign Ministry denies relations with Bahrain cut off

    Dubai, UAE-- A day after Bahrain's parliament announced that its ambassador to Israel is being recalled, the Jewish state said it had not been informed about such a move, adding that relations with the Gulf state were “stable”. According to Israel's Foreign Ministry, the country has not received any “announcement...
  • Conflict points to economic shift in Arab-Israel ties

    Bahrain's expulsion of Israel's ambassador and halted trade may foreshadow a broader economic realignment in the Middle East, threatening key regional trade pacts.
  • Blinken meets Jordan’s king as Gaza war rages

    After discussing with Israeli PM Benjamin Netanyahu the idea of "humanitarian pauses" to secure the release of hostages held by Hamas and to allow aid into Gaza, he arrived in Amman where he will also join a meeting of foreign ministers of five Arab countries to be attended by a...
  • US uses unarmed Pentagon assets to locate hostages in Gaza: US official

    Washington, United States - The US is using unarmed assets of the Department of Defense to help locate hostages held by Hamas in the Gaza Strip, a senior US official said at a news conference. "We are using unarmed DoD assets to try to help locate some of the American...
  • Erdogan calls Gaza bombing ‘crimes against humanity’, urges ceasefire

    Astana, Kazakhstan - Turkish President Recep Tayyip Erdogan on Friday called for an immediate ceasefire between Israel and Hamas, saying "crimes against humanity" were being committed in Gaza. Erdogan has strongly supported the Palestinians in the face of Israel's war with Hamas, attending pro-Palestinian rallies and positioning himself as a mediator...
  • Israeli strike hits ambulance convoy as Gaza toll rises to 9,227

    Gaza health ministry says 9,227 Palestinians, two-thirds of them women and children, have been killed in relentless Israeli bombardment and ground assaults. On Friday, Hamas said an Israeli strike hit a convoy of ambulances transporting the wounded from Gaza city towards Rafah in the south.
  • Hamas ready to swap prisoners with Israel, says official

    NEW YORK, US  - Hamas is ready for a "complete compromise" deal on the issue of swapping hostages with Israel, Ghazi Hamad, a senior member of the Palestinian group's political bureau, said in an interview with NBC News. “We want these people to go home,” Hamad said. “And, also, we...
  • Palestinian journalist killed in Gaza bombing: network

    "Our colleague Mohammed Abu Hatab fell as a martyr along with members of his family in an Israeli bombardment against his home in Khan Yunis" in the south of the territory, broadcaster Palestine TV station said. Medical sources at Nasser hospital in Khan Yunis said at least 11 people were...
  • Dubai’s real estate defies the odds during global crises

    The Palestine-Israel conflict and the war in Ukraine illustrate the difficulty in forecasting the enduring impact of such events. In volatile markets, informed adaptability is key. Investors must stay abreast of geopolitical shifts to navigate uncertainties and make astute decisions, he adds.
  • Gulf markets tumble amid rising geopolitical concerns

    As the Gaza conflict intensifies, GCC equity markets face significant downturns, with Qatar leading the losses, while Saudi Tadawul secures year-to-date gains, says a report.
  • ‘Business-based peace initiatives to ease tensions’

    The Ukraine-Russia conflict and Gaza crisis are impacting investor confidence and economies in Jordan, Egypt, and Israel, Iyad Malas, CEO of Al Ghurair Group, tells TRENDS.
  • More than 20,000 wounded people still in Gaza: MSF

    The MSF pleaded that the people who plan to leave Gaza must be allowed "without further delay" and should also have the right to return. It called for a ceasefire and greater number of people to be evacuated. Its Gaza staff were still offering care in spite of the Israeli...
  • Israeli Prime Minister orders hunt for Hamas leaders: Seymour Hersh

    New York, United States - Israeli Prime Minister Benjamin Netanyahu reportedly ordered Israeli intelligence agencies to track and assassinate all political and military Hamas leaders two weeks ago, according to US journalist Seymour Hersh. The revelation comes from Hersh's blog on the Substack website, citing unnamed sources. Hersh claims that,...
  • Saudi defense minister meets Blinken, Lloyd over Gaza war

    Washington, United States - Saudi Minister of Defense, Prince Khalid bin Salman bin Abdulaziz met the US Secretary of State Antony Blinken and the US Secretary of Defense Lloyd Austin in Washington on Wednesday to discuss the ongoing war in Gaza which has so far killed around 9000 Palestinians and...
  • Jordan becomes UAE’s regional investment hub

    “Jordan has become a regional investment hub of choice for the UAE's direct investments, totaling US$4 billion. This represents 14% of the total foreign direct investments received by the Kingdom, making the UAE the largest global investor in Jordan, surpassing the UK and Kuwait, whose investments are 8.2% and 7.2%,...
  • Middle East conflict alters regional energy dynamics

    Chevron's Tamar gas field halt, rising global oil prices, and jeopardized gas supplies to Egypt and Jordan underscore the impact of geopolitics on energy security.
  • UAE and Jordan sign MoU to boost investment cooperation

    Abu Dhabi, UAE--The UAE and Jordan have signed a memorandum of understanding (MoU) to create a framework for investment cooperation in key areas including infrastructure and development projects, while further strengthening the two countries’ enduring strategic partnership. The agreement was signed between the Ministries of Investment of the UAE and...
  • Phones and internet ‘completely’ shut off across Gaza

    Internet and phone networks were completely cut last week but were restored at the weekend. The government of Palestinian fighters group Hamas had at the time accused Israel of causing the shutdown in order to "perpetrate massacres" in the Gaza Strip.
  • Wounded Gaza residents and foreigners cross into Egypt

    The border opening with Egypt provided the first glimmer of hope in the flaring humanitarian crisis in Gaza which the UN and other aid agencies have described as "unprecedented". Israel has pounded Gaza for more than three weeks in retribution for the worst attack in the country's history, when Hamas...
  • Israel reports killing of nine soldiers in battle with Hamas fighters

    Jerusalem--Nine Israeli soldiers were killed during combat operations in Gaza on Tuesday, the military said, bringing the total number of troops killed since October 7 to 326. Two soldiers were also seriously wounded in fighting in the Palestinian territory on Tuesday, according to the military, which has been waging a...
  • Houthi missile, drone attacks at Israel create spillover fears

    Dubai, UAE - The Houthi movement, which is part of the "Axis of Resistance" supported by Iran, has expressed its support for the Palestinians since the start of the conflic on October 7, and even launched missiles towards Israel despite being 1,000 miles away. Houthi military spokesperson Yahya Saree announced...
  • Around 420 children killed or injured in Gaza daily: UNICEF

    Rabat, Morocco - On average, around 420 children are killed or injured every day in Israel’s attacks on the Gaza Strip since October 7, UNICEF said on Tuesday. “Our gravest fears about the reported numbers of children killed becoming dozens, then hundreds, and ultimately thousands were realized in just a...
  • US curbs on Iran’s oil exports may hit global portfolios

    The US tightening sanctions on Iranian oil could have a negative impact on individual and institutional investment portfolios by disrupting the energy sector, contributing to inflationary pressures, and intensifying geopolitical risks. You need to be aware of the risks – but also the opportunities, he adds.