INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

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

22 die in a bus crash in southern Egypt

  • The bus carrying around 45 passengers crashed into the stationary truck near the village of al-Barsha, some 300 kilometers (185 miles) south of the capital Cairo
  • Crashes are relatively common in Egypt, where many roads are in disrepair and traffic regulations frequently ignored

At least 22 people were killed and 33 injured in southern Egypt on Tuesday when the bus they were traveling in smashed into a parked truck, officials said.

The bus carrying around 45 passengers crashed into the stationary truck near the village of al-Barsha, some 300 kilometers (185 miles) south of the capital Cairo in al-Minya governorate.

“The truck was parked on the side of the road to change a tyre when it was hit from behind by the bus traveling from Sohag governorate to Cairo,” a statement from the governorate said.

Crashes are relatively common in Egypt, where many roads are in disrepair and traffic regulations frequently ignored.

Some 7,000 people died in road accidents in the country in 2020, according to official figures.