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

Gaza exposed  double standards, selective application of international law: Saudi Arabia

Saudi finance minister Mohammed Al-Jadaan.
  • Saudi finance minister Mohammed Al-Jadaan said that the Israeli invasion of the besieged Gaza was in flagrant violation of international laws
  • He underlined Saudi Arabia’s rejection of targeting civilians and infrastructure, calling for an immediate halt to Israeli military operations in Gaza

exposed the double standards and selective application of international laws and UN resolutions by the global community. Representing Saudi Crown Prince Mohammed bin Salman, Saudi finance minister Mohammed Al-Jadaan said that the Israeli invasion of the besieged Gaza was in flagrant violation of international laws and it had led to one of the history’s worst humanitarian catastrophes.

“The Gaza conflict would inevitably lead to consequences that go beyond this crisis and jeopardize the credibility of the current international system, which will have a negative impact on the world’s future ability to maintain international peace and security,” Al-Jadaan said.

He underlined Saudi Arabia’s rejection of targeting civilians and infrastructure, calling for an immediate halt to Israeli military operations to prevent further bloodshed and displacement of Palestinians.

He also stressed the need for urgent access to relief and medical supplies for Gaza residents and urged for stability restoration, emphasizing the Palestinian people’s right to an independent state within the 1967 borders, with East Jerusalem as its capital.