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DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

ADNEC to acquire ‘Royal Catering’

Royal Catering has more than 2.500 employees.

PIF sets up sarcc company

The new entity will address growing staff accommodation demand.

Boeing to cut 10% of workforce

The company has projected a large third-quarter loss.

AviLease acquires 9 aircraft from Avolon

AviLease had purchased 13 aircraft from Avolon in 2023.
  • Updates: Israel targets key military sites in Iran amid escalating tensions in Middle East

    Explosions sounded across Tehran after Israel’s airstrikes on Iranian military sites, raising fears of a broader conflict in the Middle...

    The rapid escalation of violence has heightened fears across the region and beyond of a wider war, pitting Israel against Iran and the allies it dubs the "axis of resistance"

    US National Security Council spokesman Sean Savett said the "targeted strikes on military targets" are " exercise of self-defence and in response to Iran's ballistic missile attack

  • Israel and Hamas near ceasefire talks, spy chief heads to Qatar as truce momentum builds

    Israel’s Mossad chief will travel to Qatar for ceasefire negotiations as Hamas signals readiness to halt fighting, contingent on Israel...

    Previous bids to stop the year-long war have failed, though the United States has voiced hope the killing of Hamas leader Yahya Sinwar last week could serve as opening for a deal

    A senior Hamas official told AFP that a delegation from the group's Doha-based leadership discussed "ideas and proposals" related to a Gaza truce with Egyptian officials in Cairo

  • Beirut’s suburbs ravaged by Israeli air raids as Blinken urges de-escalation with Iran

    Israeli airstrikes on Hezbollah's southern Beirut stronghold destroyed six buildings in the deadliest assault since the war began, despite U.S....

    In southern Lebanon, Israeli strikes pounded Tyre, leaving swathes of its centre in ruins and sparking a new exodus from the once vibrant coastal city

    Concerns are mounting over tens of thousands of civilians trapped by fighting in Gaza's aid-starved north, where Israel launched a major air and ground assault this month

  • Updates: Israel confirms killing of Hezbollah leader’s successor as Blinken presses for Gaza truce

    US Secretary of State Antony Blinken urged Israel to reach a ceasefire in Gaza, while Israeli airstrikes continued targeting Hezbollah's...

    A member of Hezbollah's decision-making body and a distant relative of Nasrallah, Safieddine was out of contact since Israeli strikes on Beirut weeks ago,

    Grey-bearded and bespectacled, Safieddine bore a striking resemblance to his distant cousin Nasrallah, but was several years his junior, aged in his late 50s or early 60s

  • Is Musk’s million-dollar US voter lottery legal?

    Donald Trump surrogate Elon Musk's offer of a million dollars to one registered voter in a swing state every day...

    "I think it's something that law enforcement should look at."- Democratic Governor of Pennsylvania

    Musk defends his move by saying it is a simple get-out-and-vote effort

  • Wealthy Israelis offer rewards for release of Gaza hostages

    Jerusalem, Undefined - Frustrated with the dwindling prospect of reaching a ceasefire deal in the year-long Gaza war, some Israeli entrepreneurs...

    Former SodaStream CEO Daniel Birnbaum said he received about 100 calls after offering $100,000 in cash or bitcoin for the safe delivery of a living Israeli prisoner from Gaza

    Birnbaum said most of the calls are pranks, threats or curses, but "10 to 20 could be legitimate" and were transferred to Israeli authorities for further verification

  • Smoke rises from areas targeted by an Israeli airstrike in Beirut’s southern suburbs late on October 21, 2024. (AFP)

    Updates: Israel hits more targets in Lebanon as Blinken travels to Middle East to push for truce

    Lebanon says four people were killed including a child in the latest Israeli strikes as Tehran says the United States...

    Four people including a child had been killed on Monday evening in Israeli strikes near the Lebanon's biggest public hospital

    Bahrain's King Hamad bin Isa Al Khalifa discuss bilateral cooperation with Iranian Foreign Minister Abbas Araghchi in Manama

  • In escalation, Israel bombs Hezbollah-linked finance group

    -Israel began bombing Lebanese branches of an association accused of financing the Iran-backed Hezbollah movement, Lebanese state media reported late...

    11 Israeli strikes on Beirut's southern suburbs targeted Al-Qard Al-Hassan.centers

    UNIFIL, said an Israeli "army bulldozer deliberately demolished an observation tower and perimeter fence of a UN position

  • UAE President Sheikh Mohamed bin Zayed meets Russian President Vladimir Putin at the latter's residence. (WAM)

    Putin thanks UAE president for positive role in prisoner exchange with Ukraine

    UAE President Sheikh Mohamed meets his Russian counterpart Vladimir Putin to discuss bilateral ties and Middle East. Sheikh Mohamed will...

    Moscow and Kiev announced that they had swapped 95 prisoners each following negotiations led directly by the UAE

    The UAE and Russia ties have grown closer recently with Putin saying that their bilateral trade had tripled in the past three years to $11.1 billion

  • Israelis attend an anti-government demonstration in the Israeli coastal city of Tel Aviv, on October 19, 2024, amid the ongoing conflict in the Gaza Strip between Israel and the Palestinian militant Hamas movement. (AFP)

    Israeli attack kills 73 in north Gaza as Netanyahu says Hezbollah tried to kill him

    War in the Middle East continues as Israeli attack kills 73 in northern Gaza while Israeli Prime Minister Netanyahu says...

    "Our civil defense crews recovered 73 martyrs and a large number of wounded as a result of the Israeli air force targeting a residential area."

    "The attempt by Iran's proxy Hezbollah to assassinate me and my wife today was a grave mistake," Netanyahu said in a statement.