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

Antony Blinken urges Israelis, Palestinians to deescalate tensions

US Secretary of State Antony Blinken. AFP
  • “The United States will continue to consult closely with partners on how to advance regional security, stability, and prosperity,” Patel said.
  • The UAE was the first Arab state to open diplomatic relations with Israel in almost three decades in a US-brokered deal.

Washington, United States — US secretary of state Antony Blinken has called for de-escalating tensions between Israelis and Palestinians, while reiterating his country’s commitment to a two-state solution.

In a telephonic conversation with UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan, Blinken urged calm during the coming holiday seasons across the Middle East region.

They discussed bilateral and regional issues, including “our shared commitment to peace in Yemen”, said Principal Deputy Spokesperson Vedant Patel said in a statement.

“The United States will continue to consult closely with partners on how to advance regional security, stability, and prosperity,” the statement said.

The UAE was the first Arab state to open diplomatic relations with Israel in almost three decades in a US-brokered deal, which also included Bahrain, known as the Abraham Accords. The UAE is also the first Arab country with whom Israel signed its first free trade agreement.

However, the newly established relations have come under strain after a series of moves by the far-right Israeli government infuriated the public in the Arab world and drew condemnation from the UAE.