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

Iranian jet fighter crashes, three killed, reports state TV

The transfer of the frozen funds from South Korea to Europe and later to Qatar was part of a deal that saw US and Iran exchange five prisoners last month. (AFP)
  • Jet fighter crashed in a residential area of the northwestern city of Tabriz
  • The head of the local Red Crescent said the jet smashed into a school

An Iranian military jet fighter crashed Monday in a residential area of the northwestern city of Tabriz killing three people, including two crew members, state television reported.

The head of the local Red Crescent said the jet smashed into a school, and that one of the dead was a resident of the neighbourhood. An investigation is underway, the state broadcaster said.