INSEAD Day 4 - 728x90

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

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.
  • US President Donald Trump said he believed Ukrainian President Volodymyr Zelensky was ready to concede Crimea to Russia as part...

    Trump also stepped up pressure on Vladimir Putin, saying the Russian president should "stop shooting" and sign an agreement to end the grinding war

    Trump's comments came a day after he met Zelensky during the funeral of Pope Francis, breaking the ice after a major row between the US and Ukrainian leaders at the White House

  • The New York Times quoted a person with ties to Iran's Islamic Revolutionary Guard Corps, speaking on condition of anonymity...

    His instructions came after President Masoud Pezeshkian visited the blast scene in Shahid Rajaee Port near the strategic Strait of Hormuz

    Defence ministry spokesman Reza Talaei-Nik later told state TV that "there has been no imported or exported cargo for military fuel or military use in the area."

  • "We need to find an answer for the ultimate question: how to end this war. That's, that's basically, I think,...

    The initial phase of the truce ended in early March, with the two sides unable to agree on the next steps. Israel resumed air and ground attacks across the Gaza Strip on March 18.

    Hamas is open to an agreement to end the war that would see all hostages released and secure a five-year truce, an official told AFP as the group's negotiators met in Cairo.

  • Riyadh, Saudi Arabia -- Saudi Arabia and Qatar announced on Sunday that they would settle Syria's debt to the World...

    Both Gulf states have played a key role in the diplomatic outreach to Syria's new rulers since the ouster of longtime strongman Bashar al-Assad in December.

    The statement came just days after Syria's central bank governor and finance minister attended the IMF and World Bank spring meetings for the first time in more than 20 years.

  • Although the cause of the blast was not immediately clear, the port's customs office said in a statement carried by...

    The NYT, quoting a person with ties to the Revolutionary Guard, reported that what exploded was sodium perchlorate, a major ingredient in solid fuel for missiles.

    "The intensity of the fire in Shahid Rajaee Port has increased and it is possible that the fire could spread to other areas and containers," state TV said late Saturday.

  • Even if they don't all acknowledge it so openly, firms in many different sectors are stockpiling their products in the United...

    Whether it's the luxury, electronics or pharmaceutical sectors, US President Donald Trump's unpredictability complicates the calculations of firms.

    Some companies didn't wait for Trump's April 2 announcement of massive "reciprocal" trade tariffs: they had already begun shipping more of their goods to the United States.

  • Abbas's close aide, 69-year-old Hussein was appointed as the first ever vice president of the Palestine Liberation Organization after the...

    The PLO is empowered to negotiate and sign international treaties on behalf of the Palestinian people, while the PA is responsible for governance in parts of the Palestine.

    The PLO is an umbrella organization comprising several Palestinian factions, but not Hamas and Islamic Jihad, which are currently at war with Israeli forces in Gaza.

  • The Russian army has fully liberated the border Kursk region from Ukrainian control with the help of North Korean soldiers,...

    Gerasimov especially hailed the "heroism" of the North Korean soldiers taking part in the operation, who provided significant assistance in defeating the group of Ukrainian forces

    However, the Ukrainian Chief of Staff acknowledged the situation on the battlefield was "difficult", while insisting Ukrainian forces were still holding positions in Kursk

  • Cairo, Egypt - Hamas is open to an agreement to end the war in Gaza that would see all hostages...

    The Hamas official, speaking to AFP on condition of anonymity, said the Palestinian militant group "is ready for an exchange of prisoners in a single batch and a five year truce

    Hamas has consistently demanded that a truce deal must lead to an end to the war, a full Israeli withdrawal from the Gaza Strip and a surge in humanitarian aid

  • Muscat, Oman - The United States and Iran went into detail about a potential nuclear deal Saturday at their third...

    US special envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi again led the talks, which this time included a technical-level meeting between experts from both sides

    In an interview released Wednesday, US Secretary of State Marco Rubio reiterated Washington's firm stance against Iran's uranium enrichment