Search Site

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

UAE allocates US$5m for UN’s humanitarian efforts in Gaza

The UAE stressed on the necessity of a ceasefire in Gaza. (WAM)
  • The UAE is keen to support the humanitarian operations being carried out by the United Nations in the Gaza Strip.
  • The UAE stressed on the need to prevent further loss of life and avoid inflaming the situation in the Palestinian territory.

ABU DHABI, UAE – As per the directives of President Sheikh Mohamed bin Zayed Al Nahyan, Minister of Foreign Affairs Sheikh Abdullah bin Zayed Al Nahyan announced that the UAE has allocated US$5 million to support the efforts of the United Nations Senior Humanitarian and Reconstruction Coordinator for Gaza.

Sheikh Abdullah bin Zayed stressed on the UAE’s keenness to support the humanitarian operations being carried out by the United Nations in the Gaza Strip.

He said that the UAE will support Sigrid Kaag, the Senior Humanitarian and Reconstruction Coordinator for Gaza in her efforts to alleviate the suffering of the people.

On Friday, Sheikh Abdullah bin Zayed met Kaag, who is on a visit to the UAE, where they reviewed the worsening humanitarian crisis in Gaza.

They also reviewed ways to address civilian suffering and to meet their needs.

In this regard, Sheikh Abdullah bin Zayed also stressed on the necessity of a ceasefire and ensuring that humanitarian relief and medical aid reaches the Palestinian people in the Gaza Strip urgently.

He also stressed on the need to prevent further loss of life and avoid inflaming the situation in the Palestinian territory.