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

Saudi King Salman to stay in hospital after colonoscopy

The pension was raised by 20 percent on the directives of King Salman bin Abdulaziz.
  • On Sunday afternoon doctors performed a colonoscopy “and the result was sound”, the Saudi Press Agency later said
  • The king underwent gallbladder surgery in 2020 and had the battery of his heart pacemaker replaced in March

Saudi Arabia’s ageing King Salman will remain in hospital after undergoing tests including a colonoscopy, state media reported Sunday.

The kingdom has for years sought to quell speculation over the health of the 86-year-old monarch.

He entered King Faisal Specialist Hospital in the coastal city of Jeddah on Saturday “to conduct some medical examinations”, according to an official report, citing a royal court statement.

On Sunday afternoon doctors performed a colonoscopy “and the result was sound”, the Saudi Press Agency later said.

“The medical team decided to keep him in the hospital for some time to rest,” the report said.

The leaders of various countries in the Arab region have wished the king speedy recovery.

The king underwent gallbladder surgery in 2020 and had the battery of his heart pacemaker replaced in March.

King Salman, the custodian of Islam’s holiest sites, became ruler of the world’s top oil exporter in 2015 after spending more than 2-1/2 years as the crown prince and deputy premier.

 From the UAE, Sheikh Dr. Sultan bin Mohamed Al-Qasemi, member of the Supreme Council of the UAE, Ruler of Al-Sharqa Emirate;  Sheikh Saud bin Rashid Al-Mualla, member of the Supreme Council, Ruler of Ummal Quwain; Sheikh Saud bin Saqr Al-Qasemi, member of the Supreme Council, Ruler of Ras Al-Khaimah; Sheikh Hamad bin Mohamed Al-Sharqi, member of the Supreme Council, Ruler of Al-Fujairah; Sheikh Humaid bin Rashid Al-Naeemi, member of the Supreme Council, ruler of Ajman congratulated the king on the fine results of colonscopy procedure.