INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

China top diplomat terms war in Gaza a ‘disgrace for civilisation’

China's Foreign Minister Wang Yi attends a press conference in Beijing on March 7, 2024. (AFP)
  • Wang Yi said that no reason can justify the continuation of the conflict
  • He also said China supports "full" UN membership for a Palestinian state

Beijing, China– China’s foreign minister Wang Yi on Thursday called Israel’s war in Gaza a “disgrace for civilization” and reiterated Beijing’s calls for an “immediate ceasefire”.

“It is a tragedy for humankind and a disgrace for civilization that today, in the 21st century, this humanitarian disaster cannot be stopped,” Wang told journalists at a press conference.

Beijing has been calling for an immediate ceasefire since the start of the current Israel-Hamas war in October last year.

China has historically been sympathetic to the Palestinian cause and supportive of a two-state solution to the Israeli-Palestinian conflict.

And President Xi Jinping has called for an “international peace conference” to resolve the fighting.

“No reason can justify the continuation of the conflict, and no excuse can justify being desperately killed,” Wang said.

“The international community must act urgently, making an immediate ceasefire and the cessation of hostilities an overriding priority, and ensuring humanitarian relief an urgent moral responsibility.”

Beijing’s top diplomat also said China supports “full” United Nations membership for a Palestinian state.

“We support Palestine becoming a formal member of the United Nations,” Wang said.

“The catastrophe in Gaza once again reminded the world that the fact that the Palestinian territories have been occupied for a long time can no longer be ignored,” he said.

“The long-cherished wish of the Palestinian people to establish an independent country can no longer be evaded, and the historical injustice suffered by the Palestinian people cannot continue for generations without being corrected,” he added.