Search Site

Trends banner

DP World posts record $20bn revenue

The adjusted EBITDA rose by 6.7% to $5.5bn in 2024.

Meraas awards $544m contract

It has been awarded for construction of Design Quarter at d3

Salik 2024 net profit before taxes $348m

The toll operator's revenue increased by 6% to $626 million.

ADNIC okays 45% dividend for 2024

The company achieved its highest ever revenue and net profit.

stc net profit for 2024 $6.58bn

This is an increase of 85.7 percent over the previous year.

Joint Operations Room set up in Cairo to oversee Gaza ceasefire implementation

Meanwhile, more than 25 independent UN human rights experts have called on all parties to accept the ceasefire agreement in Gaza. PIC: WAM
  • The room, comprising representatives from Egypt, Palestine, Qatar, the US, and Israel, aims to ensure collaborative efforts and consistent adherence to the agreement's provisions
  • This agreement, the source noted, represents a significant step towards preventing further escalation and fostering long-term stability in the Gaza Strip

Cairo, Egypt – A joint operations room has been established in Cairo to oversee the implementation of the Gaza Strip ceasefire agreement. The room, comprising representatives from Egypt, Palestine, Qatar, the United States, and Israel, aims to ensure collaborative efforts and consistent adherence to the agreement’s provisions.

A high-level Egyptian source revealed to the Emirati News Agency that the Cairo meeting concluded successfully, with participants finalising comprehensive arrangements for implementing the ceasefire. The source described the discussions as constructive, highlighting a shared understanding among all parties involved.

This agreement, the source noted, represents a significant step towards preventing further escalation and fostering long-term stability in the Gaza Strip.

Meanwhile, more than 25 independent UN human rights experts have called on all parties to accept the ceasefire agreement in Gaza, ensure justice, facilitate humanitarian aid, and guarantee the Palestinian people’s right to self-determination.

They expressed hope that a sustainable truce would put an end to the suffering and loss of life in Gaza, the occupied Palestinian territories, and Israel.

In a statement issued today in Geneva, the experts, including Francesca Albanese, the Special Rapporteur on the situation of human rights in the occupied Palestinian territories since 1967, voiced their dismay over Israel’s continued indiscriminate bombing of Gaza following a brief pause after the announcement of the agreement. The bombardment resulted in the killing of Palestinian civilians despite expectations of calm until the ceasefire came into effect.

The experts stressed that it is time for all individuals and detainees held unlawfully to return home—whether they are Israeli prisoners in Gaza or the thousands of Palestinians arbitrarily detained and often tortured in Israeli prisons. Nearly two million displaced people within Gaza must be allowed to return to their homes and supported in rebuilding their lives without fear of further displacement or persecution, they stressed.

The experts warned of the immense challenges ahead, noting that over 70% of Gaza’s civilian infrastructure has been destroyed by ongoing bombardment. They emphasised that the immediate priority in Gaza is to ensure unrestricted humanitarian relief, early recovery, and compensation for those affected, proportional to the damage inflicted by Israel.