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

Food insecurity looms in Middle East, Africa: WFP

WHO warns of devastating impact on healthcare in Gaza, Sudan, Yemen and beyond. (AFP)
    • WFP data say 41 million people faced hunger in 20201

    • Half a million food insecurity cases living in conditions akin to ‘starvation’ in the Middle East and Africa

    The World Food Programme (WFP)  has reported that half a million food insecurity cases are living in conditions we56akin to “starvation” in areas of the Middle East and Africa like Yemen, the Tigray region, Madagascar, and South Sudan.

    The WFP figures reveal the number of people facing hunger worldwide has risen from 34 million to 41 million for the current year.

    According to the UN High Commissioner for Refugees Filippo Grandi’s message on World Refugee Day on June 20,  the number of people displaced due to wars and conflicts has surpassed 82 million worldwide over a decade.

    The fighting in Afghanistan, Sudan, Yemen, and Ethiopia was responsible for adding a million more displaced individuals to the official count last year, the UN report has said.

    Young people accounted for 42 percent of refugees, while it is estimated that one million children were born as refugees from 2018-2020.

    The UN has called on world leaders to set their differences aside, and put an end to “selfish politics”, in order to curb displacement traffic.