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.
  • Germany, France and Britain on Wednesday called on Israel to stop blocking humanitarian aid into Gaza, warning of "an acute...

    After 18 months of devastating war and an Israeli blockade on aid since March 2, the UN has warned of a dire humanitarian situation for the 2.4 million inhabitants

    The heads of 12 major aid organisations warned last Thursday that "famine is not just a risk, but likely rapidly unfolding in almost all parts" of the coastal territory

  • Saudi Arabia's top diplomat held talks in Washington earlier this month to lay the groundwork for a visit by Trump...

    It will be his second foreign trip since returning to office, following his planned attendance at the Vatican for Pope Francis's funeral on Saturday

    Saudi Arabia's Crown Prince Mohammed bin Salman, promised in January to pile $600 billion into US trade and investments

  • A technical, expert-level nuclear meeting between Iran and the United States will be held on Saturday, coinciding with the third...

    Iran's foreign ministry spokesman Esmaeil Baqaei said the decision to reschedule the meeting was made following Oman's proposal and the agreement of the Iranian and US delegations

    Western countries including the United States have long accused Iran of seeking to acquire nuclear weapons -- an allegation Tehran has consistently denied

  • The IMF's Global Financial Stability Report (GFSR) was published as world financial leaders gather for meetings in Washington under the...

    GFSR's authors found that "global financial stability risks have increased significantly, driven by tighter global financial conditions and heightened economic uncertainty."

    The Fund also warned that geopolitical risk -- including military conflicts -- could raise risks to financial stability.

  • The new US ambassador to Israel on Monday called on Palestinian militant group Hamas to accept a deal that would...

    Huckabee's message comes after Hamas on Thursday signalled its rejection of Israel's latest truce proposal, which proposed a hostage-prisoner swap and the entry of aid

    The militants' chief negotiator said the group rejected any "partial" agreements and sought a comprehensive deal including "halting the war" and an Israeli withdrawal from Gaza

  • Geneva, Switzerland -- The World Economic Forum said on Monday that its founder Klaus Schwab has stepped down from the...

    Schwab told the WEF's board that "as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect.

    The WEF said Vice Chairman Peter Brabeck-Letmathe was appointed board chairman in the interim and that a search committee for replacement had been appointed.

  • "Today, we lost a faithful friend of the Palestinian people and their legitimate rights," Palestinian president Mahmud Abbas said, noting...

    His death sets in motion centuries-old traditions that will culminate in the gathering of a conclave of cardinals to choose a successor.

    In the next four to six days the Vatican's cardinals will decide on the pope's funeral date, at which point his coffin will be transferred to St Peter's Basilica.

  • Jenin, Palestinian Territories - On deserted university grounds in the occupied West Bank, Palestinian children run outside nearly empty buildings,...

    Tens of thousands of Palestinians have been displaced from the northern West Bank since Israel launched the offensive dubbed "Iron Wall" on January 21 in the area

    The United Nations agency, UNRWA, provides aid but recent Israeli legislation barring coordination with Israeli military authorities has complicated its work

  • US Defense Secretary Pete Hegseth shared information on forthcoming US air strikes on Yemen in a private Signal chat group...

    Last month, the Atlantic editor-in-chief was accidentally added to a Signal chat where officials discussed the March 15 strikes

    The information shared "included the flight schedules for the F/A-18 Hornets targeting the Houthis in Yemen," the Times reported

  • Trump has also stepped up the sense of an endless reality show in which he is the star, as he...

    Trump has been driven by a sense of grievance left over from an undisciplined first term that ended in the shame of the 2021 US Capitol riots after his election defeat to Joe Biden

    And while Trump freed hundreds of those attackers from jail on his first day back in office, he is taking no prisoners when it comes to consolidating the power of the White House