INSEAD Day 4 - 728x90

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

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Saudi king chairs cabinet meeting after ‘recovery’

This handout picture provided by the Saudi Press Agency (SPA) shows Saudi Arabia's King Salman bin Abdulaziz al-Saud chairing a virtual Cabinet session in Jeddah on May 28, 2024. (SPA/AFP)
  • King Salman "thanked his sons and daughters, the people of the kingdom, for their kind prayers" during his recovery
  • He also expressed his gratitude to everyone who sent him wishes of health and well-being

Riyadh, Saudi Arabia – Saudi Arabia’s king chaired a virtual cabinet meeting on Tuesday, state media said, his first after the royal court announced earlier this month he had a lung infection.

At the beginning of the session, King Salman “thanked his sons and daughters, the people of the kingdom, for their… kind prayers” during his recovery, the official Saudi Press Agency said.

“He also expressed… his gratitude to everyone who sent him wishes of health and well-being,” SPA said.

It said Saudi Arabia’s de facto ruler, 38-year-old Crown Prince Mohammed bin Salman, and cabinet ministers “extended their praise and thanks to God for the (king’s) recovery”.

SPA published close-up images of the 88-year-old monarch as he looked at a screen broadcasting the cabinet session.

The meeting comes nearly 10 days since the royal court said the king had a lung infection and was undergoing treatment involving antibiotics.

An earlier statement said he was suffering from a high temperature and joint pain.

King Salman has been on the throne since 2015, although Prince Mohammed was named crown prince in 2017 and acts as day-to-day ruler.