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 Secretary of State Marco Rubio and Israeli Prime Minister Benjamin Netanyahu have pledged to "open the gates of hell"...

    The pledges came during a joint address to reporters in Jerusalem, where Rubio began his first Middle East trip as secretary of state in President Donald Trump's new administration

    "Hamas cannot continue as a military or a government force... they must be eliminated," Rubio said of the Palestinian group that fought Israel for more than 15 months

  • Cairo, Egypt -- Egyptian President Abdel Fattah al-Sisi told the head of the World Jewish Congress Ronald Lauder on Sunday that...

    During his meeting with Lauder in Cairo on Sunday, Sisi called for starting the reconstruction of war-battered Gaza "without displacing its residents from their land".

    "The establishment of a Palestinian state... is the only guarantee to achieve lasting peace," Sisi told Lauder on Sunday.

  • Rio de Janeiro, Brazil - Leaders of the countries known as BRICS will hold a summit in Rio de Janeiro in...

    Brazilian Foreign Minister Mauro Vieira said that the summit will be held July 6-7 and feature leaders of 20 countries with full or associate status in the bloc

    The BRICS group has expanded significantly since its inception in 2009, and now includes countries such as Iran, Egypt and the United Arab Emirates

  • The call came ahead of an expected summit between Donald Trump and Vladimir Putin amid mounting concern from Ukraine and...

    The call came days after the US president's call to Putin ended almost three years of no contact between Moscow and Washington during the Ukraine conflict

    According to Moscow, Lavrov and Rubio pledged to "maintain a channel of communication to resolve the accumulated problems in US-Russian relations".

  • Al-Qassam Brigades members attend the funeral for the members of the Al-Qassam Brigades (the armed wing of the Palestinian group Hamas), in Khan Yunis, Gaza on February 13, 2025. AFP

    Jerusalem, Undefined - Israel said Friday it had received the names of three hostages to be freed by militants in exchange...

    The hostages due for release Saturday are Israeli-American Sagui Dekel-Chen, Israeli-Russian Sasha Trupanov and Israeli-Argentinian Yair Horn

    The January 19 ceasefire has been under massive strain since US President Donald Trump proposed a takeover of the territory

  • Trump sparked a global outcry with his proposal for the United States to "take over" the Gaza Strip and to...

    Arab countries have come together in a rare united front, outraged by the idea of displacing the Palestinians en masse

    For Palestinians, any forced displacement evokes memories of the mass displacement of their ancestors during Israel's creation in 1948

  • Beirut, Lebanon - Hezbollah supporters blocked the Beirut airport road and burned tyres on Thursday to protest a decision barring two...

    Some of the young men raised Hezbollah's yellow flag and held pictures of Nasrallah, killed in an Israeli strike in September

    Israel has repeatedly accused Hezbollah of using Lebanon's only airport to transfer weapons from Iran

  • US president's remarks on Russia and China mark a seismic shift after more than a decade of US policy which...

    With Kyiv and European capitals still stunned by Trump's surprise call with Putin, the US president also said he would "love" to have Russia back in the G7

    Trump - who has cast himself in his second term as a global peacemaker - also said he would consider a summit with Putin and China's Xi Jinping "when things calm down."

  • Hamas has said it would postpone the release citing Israeli violations, and hours later, Trump warned that "hell" would break...

    The remarks by Israeli Defence Minister Israel Katz came shortly after Palestinian group Hamas said it would not bow down to US and Israeli threats

    The truce has largely halted more than 15 months of fighting and seen Israeli captives released in small groups in exchange for Palestinians in Israeli custody

  • United Nations, United States - More than $53 billion will be required to rebuild Gaza and end the "humanitarian catastrophe" that...

    The global body said in a report that a "political and security framework" must also be put in place so that recovery and rebuilding can begin

    Much of Gaza -- including schools, hospitals and other civic infrastructure -- has been reduced to rubble by a withering Israeli military offensive