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.
  • Saudi Arabia and the UAE are leading the gaming surge with world-class ecosystems and youth-driven expansion. Across the region, governments increasingly recognize gaming and esports as key drivers of future economies.
  • Investors eye gold as safe haven amid Gaza tensions

    The ongoing Gaza conflict has driven gold prices over $2,000/oz, highlighting the deep connection between geopolitical tensions and global financial market reactions.
  • Thai FM travels to Qatar, Egypt for Hamas hostage talks

    Prime Minister Srettha Thavisin said Monday his government was working hard to get Thai citizens home. About 30,000 Thais were working in Israel, many in the agricultural sector, when the conflict erupted. At least 32 Thais have been killed in the conflict and 19 wounded.
  • ‘Digitization, AI reshape sports and health investments’

    AI will play a major role in improving sports performance and health sector advancements, Thomas H. Rudy of leAD Sports & Health Tech Partners tells TRENDS.
  • Gaza ceasefire will not happen: Netanyahu

    Israeli prime minister said ceasefire would amount to surrendering to the Gaza Strip's rulers Hamas and said that the international community must demand the captives "be freed immediately, unconditionally". Netanyahu also told a press conference that other countries must give more help in the struggle to free more than 230...
  • Saudi Arabia to produce 80-90% insulin domestically

    "More than 200 essential medications have been identified, making up about 40 percent of the total purchases by government health institutions, totaling roughly SAR14 billion (US$3.73 billion). Efforts are currently in progress to produce some of these medications locally," the Saudi minister adds.
  • Politics in fashion: Luxury brands react to Gaza crisis

    From L'Oréal's controversy involving model Amena Khan to Chanel's significant financial pledge, the fashion industry is deeply entwined in political discourse amid Gaza conflict.
  • UN warns of Syria danger and Israel-Hamas ‘spillover’

    United Nations - The United Nations on Monday warned that Syria was at its "most dangerous" point in a long time as violence surges and as "spillover" from the Israel-Hamas war starts to have an impact. Syria has "seen growing instability and violence, exacerbated by the lack of a meaningful...
  • Israeli tanks breach Gaza City, warplanes bomb key highway

    "Dozens" of tanks entered the Zaytun district for over an hour, witnesses told AFP, saying they were "firing at any vehicle" driving along the main Salahedin Road. Warplanes also bombed the road, leaving large craters in it. More than 8,300 Palestinians have been killed in Israeli bombardments since Oct 7.
  • Hamas asks Egypt to take ‘decisive’ action to hasten aid delivery in Gaza

    Dubai, UAE--A top Hamas official called on Egypt Sunday to take "decisive" action to expedite aid to Gaza amid criticism over the pace of vital supplies reaching the war-torn Palestinian territory. "Egypt should not remain a spectator," Hamas politburo member Musa Abu Marzouk said in a statement. "We expect a...
  • Let’s transform statistical systems for the future

    "The PSA should champion digital transformation in Qatar by equipping the national statistics system with comprehensive, accurate, and reliable data. This data should cater to diverse beneficiaries and enable Qatar to fulfill its commitments towards achieving national development goals," he adds.
  • ‘ESG, AI and robotics remain FII’s investment focus’

    FII Institute remains committed to innovative and sustainable technology investments, Anthony Berkley, ACT Director and Head of Investments, tells TRENDS.
  • Russian ambassador summoned by Israeli over Hamas visit to Moscow

    Moscow, Russia - Israeli authorities have summoned the Russian Ambassador to Israel, Anatoly Viktotov, in response to a recent visit by a Hamas delegation to Moscow, Israeli media reported. The Israeli Foreign Ministry expressed concern over Russia's failure to issue a clear and unequivocal condemnation of Hamas, and raised questions...
  • Shekel’s decline raises economic concerns in Israel

    Israeli officials show confidence in the economy's resilience amid Gaza conflict, but experts warn of challenges if tensions escalate with Hizbollah due to a declining currency.
  • West Bank village empties of Palestinians after Israeli settlers’ threat

    Taybeh, Palestinian Territories -- Within an hour, the Bedouin village of Wadi al-Seeq in the occupied West Bank had been completely emptied, its 200 residents fleeing on foot with their sheep and goats. On October 12, five days after the start of the war between Israel and Gaza's Hamas rulers, residents...
  • Iran’s President says Israeli actions ‘may force everyone’ to act

    TEHRAN, IRAN - Iranian President Ebrahim Raisi on Sunday said Israel's ongoing bombardment of Gaza "may force everyone" to act in the latest warning issued by the Islamic republic since the start of the Israel-Hamas conflict. Israel has been pounding the tiny Palestinian territory since Hamas fighters stormed across the border...
  • 3 Palestinians killed by Israeli forces in West Bank, says health ministry

    RAMALLAH, PALESTINIAN TERRITORIES - Israeli forces killed three Palestinians across the occupied West Bank on Sunday, the Palestinian health ministry said, as violence surges across the territory during the ongoing war in Gaza. More than 110 Palestinians and one Israeli have been killed in the West Bank since the war between...
  • NY Times probe casts doubt on Israel’s account of Gaza hospital blast

    Dubai, UAE--The New York Times's Gaza hospital blast investigation does not conclude in any way who is responsible for the deadly explosion at the al-Ahli hospital on October 17. Nevertheless, they assert that the projectile seen in the Al Jazeera live footage, cited by many as central to the investigation,...
  • Buildings should absorb more carbon than they release

    "Buildings should produce more clean energy than they consume. This transformation demands a reevaluation of our relationship with nature. Rather than viewing ourselves as separate from nature, our future progress hinges on the health of natural systems that supply life's essentials," he adds.
  • Guterres warns Gaza growing more desperate ‘by the hour’

    The UN relief agency for Palestinian refugees (UNRWA) said wheat, flour and other supplies had been pillaged at several warehouses. "This is a worrying sign that civil order is starting to break down after three weeks of war and a tight siege," said UNRWA's Gaza chief Thomas White.
  • Many Western Socialists back Israel in Gaza conflict

    This TRENDS report delves into the nuanced positions of Western political figures, unveiling a multifaceted blend of support, criticism, and calls for humanitarian intervention.
  • Relations sour between Turkey and Israel after Erdogan’s speech

    Israel and Turkey -- an overwhelmingly Muslim nation that forms the bulwark of NATO defenses on the edge of the Middle East -- had only just agreed to reappoint ambassadors last year. But their relations unraveled as Erdogan began to pick up the pace and venom of his attacks on...
  • Arab states voice opposition to Israel’s invasion into Gaza

    Leading Arab opposition to Israel's planned invasion of the Gaza Strip, Saudi Arabia has denounced "any ground operations" due to the threat posed to Palestinian civilians. The kingdom's foreign ministry cautioned against the danger of continuing to "carry out these blatant and unjustified violations of international law against the brotherly...
  • ICRC chief urges end to ‘catastrophic’ Gaza suffering

    Mirjana Spoljaric, the president of the ICRC spoke of her shock at the " intolerable level of human suffering" and called for a de-escalation. She said that it is a "catastrophic failing" that the world must not tolerate as Israel said its war on Hamas had entered a new phase.
  • Middle East conflict may disrupt global trade routes

    Recent developments spark concerns that the conflict, which is spreading across the region, presents a long-term threat to global energy and commercial infrastructure.
  • Hamas asks Israel to free Palestinian prisoners in lieu of releasing hostages

    Gaza City -- Hamas's armed wing said on Saturday it was ready to release the hostages it abducted during its shock attack on October 7 if Israel freed all Palestinians held in its prisons. "The price to pay for the large number of enemy hostages in our hands is to...
  • Musk says Starlink internet to support Gaza’s ‘recognized’ aid groups

    Paris, France - Billionaire Elon Musk said on Saturday that his Starlink satellite service would support internet access for "internationally recognized aid organizations in Gaza," which have faced a telecommunications blackout since Friday. Starlink is a network of satellites in low Earth orbit that can provide internet to remote locations, or...
  • Israeli settler kills a Palestinian in West Bank

    Nablus, Palestinian Territories - One Palestinian was killed on Saturday by an Israeli settler near the northern city of Nablus in the occupied West Bank, the Palestinian health ministry said. Bilal Abu Salah, 40, was "shot in the chest by a settler" in the village of Sawiya near Nablus, a ministry...
  • Scene is worse than an earthquake, say residents as Israel hammers Gaza

    After air strikes and artillery fire rained down for hours overnight, much of the Gaza Strip has become an indistinguishable wasteland of rubble, with residents likening the devastation to that of a natural disaster. The intense bombardments "changed the landscape", Mahmud Bassal, a spokesman for the Gaza Civil Defense said.
  • Hamas seeks to let go Russian-Israeli hostages, says Russian media

    Hamas is trying to locate eight Russian-Israeli dual citizens among nearly 230 taken hostage during its members' attack on Israel after Moscow's request to free them, Russian news agencies reported. Russia has good relations with Hamas and has launched a diplomatic effort to try to free hostages held in Gaza.
  • Skirmishes on Israel-Lebanon border displace thousands

    The International Organization for Migration said in an update that 28,965 people have been displaced, mainly in the country's south, adding that the figure had risen by 37 percent since October 23. Some have found refuge with family members elsewhere in the country, while those who can afford it have...
  • Air passengers with disabilities need special assistance

    "However, the actual needs of the traveler might differ. They might simply need help navigating crowded airports, have difficulty with stairs, or be completely mobile but visually impaired. We're exploring ways to ensure wheelchairs are available when necessary and to provide the right solutions for a diverse range of traveler...
  • US supports ‘humanitarian pauses’ to let aid into Gaza

    White House National Security Council spokesman John Kirby said the US supports pauses in Israel's war against Hamas in order to let aid to flow into the Gaza Strip. He said the aid can include fuel needed for the restoration of electrical power, medical care, water purification and "so many...
  • AI revolutionizes real estate across GCC countries

    Cities like Dubai and Riyadh are harnessing AI to redefine every facet of property dealings, from development to management, Tripler CEO Sam Singh tells TRENDS.
  • UN finds Hamas’ list of death toll in Gaza shelling ‘credible’

    "In the past, the five, six cycles of conflict in the Gaza Strip, these figures were considered as credible and no one challenged these figures," UNRWA chief Philippe Lazzarini said in Jerusalem. Lazzarini's comments came days after US President Joe Biden said he had "no confidence" in the figures provided...
  • Palestine’s Abbas expected in Moscow for talks with Putin soon: Russian diplomat

    Moscow, Russia - Palestinian leader Mahmoud Abbas will soon visit Moscow for talks with Russian President Vladimir Putin, a senior Russian diplomat announced. "I can say that he [Abbas] will soon arrive on an official visit in Moscow; talks with Vladimir [Putin] will be held here," said Russian Deputy Foreign...
  • Educational institutions are shaping UAE’s tomorrow

    "Dubai's schools attract students of various nationalities seeking holistic education. These schools emphasize well-rounded education, with a sports culture enhancing personality development and skill refinement, whether in science labs or on the field," adds Sheikh Mansoor.
  • Hamas says 50 hostages dead in Israeli strikes on Gaza

    Jerusalem - Hamas's armed wing said on Thursday that "almost 50" Israeli hostages held in the Gaza Strip since the October 7 attacks have been killed in Israeli bombing raids on the Palestinian territory. "(Ezzedine) Al-Qassam Brigades estimates that the number of Zionist prisoners who were killed in the Gaza...
  • 7,000 Palestinians killed in 20 days of Israeli bombardments: Ministry

    Hamas released a list of around 7,000 names of people in Gaza it said had been killed in Israeli strikes. The list was produced a day after US President Joe Biden said he had "no confidence" in the militant group's death toll figures. Israel says 1,400 people were killed in...
  • Netanyahu says Israel ‘preparing’ Gaza ground war

    Thousands of Gazans are already believed to have died in Israel's aerial assault, with the toll expected to rise substantially if tens of thousands of Israeli troops massed around Gaza move in. Biden on Wednesday said he had privately suggested Israel should get hostages out if possible before any ground...
  • Putin warns Israel-Hamas conflict could escalate beyond the Middle East

    Moscow, Russia - Russian President Vladimir Putin warned on Wednesday that the Israel-Palestine conflict could potentially extend beyond the Middle East, Reuters reported. Russian leader stressed the need to protect innocent civilians, during a meeting with religious leaders of various faiths in the Kremlin and called for an end to...
  • Turkey ready to act as guarantor for Palestine to resolve conflict with Israel: Erdogan

    Istanbul, Turkey - Turkey is ready to act as a guarantor country for Palestine in the settlement of the Palestinian-Israeli conflict, Turkish President Recep Tayyip Erdogan said in his address to a parliamentary session on Wednesday, Russian agency TASS reported. Erdogan also proposed to convene an international peace conference aimed...
  • Turkey and Qatar reject ‘double standards’ in Gaza response

    Qatar's top diplomat Mohammed bin Abdulrahman Al-Thani said the two governments -- both Western allies -- "reaffirm our complete rejection of responding to the crisis with double standards when it comes to human life". "It is not permissible to condemn the killing of civilians in one context and justify it...
  • UN warns Gaza fuel shortage will stop aid work as death toll mounts

    Israeli strikes have now killed more than 6,500 people in Gaza, a rise of over 700 since Tuesday, according to the Hamas-run health ministry. One doctor said he was forced to perform emergency surgery on the wounded without anesthetic. Israel has cut off impoverished Gaza's usual water, food and other supplies,...
  • Turkish President Recep Tayyip Erdogan stunned fellow NATO leaders when he asked EU to consider Turkiye's inclusion into the European group.

    Erdogan cancels Israel visit, says Hamas not terrorists but liberators

    Erdogan had taken a more measured tone in the first day of war, condemning all attacks against civilians and urging Israel to be measured in its response to the deadly October 7 attacks by Hamas. But he became much more vocal after the deadly strike on Ahli Arab hospital in...
  • Retail plays a pivotal role in UAE’s Net Zero mission

    “To achieve our climate objectives, every segment of the economy, including retail, must work towards a greener future. The upcoming COP28 will see UAE businesses actively participating, not just observing. They will demonstrate that businesses are integral to the climate solution,” she adds.
  • More than 100 Palestinians killed by Israelis in West Bank

    In the latest violence, four Palestinians were killed in Jenin and one in Qalqilya, both in the northern West Bank. One Palestinian was also killed in Qalandia, just north of Jerusalem. The health ministry blamed Israeli "bullets and missiles".
  • Gaza has experienced 16 years of de-development: UNCTAD

    "The economic consequences of the current and ongoing humanitarian crisis in Gaza are impossible to determine," Richard Kozul-Wright, the director of UNCTAD's globalization and development strategies division, told a press conference. Palestinian GDP per capita is "currently at just eight percent of that of Israel", the report added.
  • Israel bombs Syria’s ‘military infrastructure’ in air raids

    According to the Israeli Defense Forces (IDF), its jets hit military infrastructure and mortar launchers of the Syrian Army in retaliation for "the launches toward Israel yesterday." The strikes were inside Syria. Fears are growing that Israel's war with Hamas will create wider regional turmoil, and especially further inflame existing...
  • Israeli-Palestine war: US president calls Saudi Crown Prince

    Riyadh, Saudi Arabia - Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud and US President Joe Biden discussed on Tuesday the military escalation in Gaza and efforts made to address it. Receiving a telephone call from Biden, the Crown Prince underlined the necessity of immediate work to explore...
  • UN chief denounces Israel, calls Gaza shelling as violation of law

    United Nations, - UN Secretary-General Antonio Guterres on Tuesday alleged violations of international law as Israel pounds Gaza, and urged an immediate humanitarian ceasefire to bring in relief. "I am deeply concerned about the clear violations of international humanitarian law that we are witnessing in Gaza. Let me be clear:...