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.

Morocco’s foreign minister, Libyan officials meet

    • Germany will host peace talks later this month in Berlin

    • Libya is seeking to extricate itself from a decade of chaos and conflict that followed the toppling of dictator Moamer Kadhafi in the 2011 NATO-backed uprising

    Searching for a political solution to the troubled country of Libya may not be easy, but that doesn’t seem to be putting off Morocco’s foreign minister who met on Friday with two senior Libyan officials as part of ongoing efforts to end the crisis in the war-torn country, his ministry said.

    Foreign Minister Nasser Bourita met separately with Khalid al-Mishri, head of the High Council of State based in the Libyan capital Tripoli, and eastern powerbroker Aguila Saleh, speaker of Libya’s parliament, as part of “Morocco’s efforts to resolve the Libyan crisis”, a statement said.

    The two men arrived on Thursday to take part in a new round of talks on key institutional appointments in Libya, according to Morocco.

    Previous discussions hosted by Morocco have centred on positions including Libya’s central bank governor and the heads of the electoral commission, the anti-corruption commission and the supreme court.

    The talks in Rabat are the latest in several inter-Libyan dialogues held in the North African kingdom since September. Libya is seeking to extricate itself from a decade of chaos and conflict that followed the toppling of dictator Moamer Kadhafi in the 2011 NATO-backed uprising.

    A formal truce signed last October set in motion a UN-led process that led to the creation of an interim government tasked with unifying the country’s divided institutions, launching reconstruction efforts and preparing for December polls. Germany will host a new set of peace talks later this month in Berlin, with Libya’s transitional government due to attend.