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.
  • A US charity said its team in the war-ravaged Gaza Strip had finished unloading the first maritime aid shipment to...

    The group is preparing a second boat of 240 tons of food to set sail from Cyprus, the starting point of a new maritime aid route across the eastern Mediterranean.

    The humanitarian effort is intended to mitigate food shortages that have prompted famine warnings in Gaza from the UN and aid workers.

  • RIYADH, SAUDI ARABIA – A delegation comprising several entities from the Kingdom’s industry and mineral resources' system participated in PDAC...

    The Saudi delegation held meetings with teams from Canada, the Czech Republic and Ecuador.

    These are part of the 85 meetings they will hold with officials of countries and global firms participating in the event.

  • Netanyahu "approved the plans for action in Rafah," his office said in a statement, without giving details or a timeline....

    The statement from Benjamin Netanyahu's office said the military was "prepared for the operational side and for the evacuation of the population."

    Biden, who has supported Israel during the war, has said an Israeli invasion of Rafah would be a "red line" without credible civilian protection plans in place

  • US Treasury sanctioned a number of alleged ISC subsidiaries and front companies based in Turkey and the United Arab Emirates,...

    The sanctions relate to Informatics Services Corporation (ISC), the technology arm of the Central Bank of Iran (CBI), the Treasury Department said in a statement

    Treasury's move freezes any US assets associated with the sanctioned individuals and entities, and generally prohibits Americans from doing business with them

  • The war began October 7 when a surprise attack by Hamas resulted in about 1,160 deaths in Israel, mostly civilians,...

    "Doctors are reporting that they no longer see normal-sized babies,"  Dominic Allen, UN official said after visiting hospitals still providing maternity services in north of Gaza

    Allen said Israeli authorities had refused to allow in some UNFPA supply shipments, such as kits for midwives, or had removed supplies like flashlights and solar panels

  • The war between army chief Abdel Fattah al-Burhan and his former deputy, Mohamed Hamdan Daglo, has since April last year...

    Some five million Sudanese could face calamitous food insecurity in coming months as a nearly yearlong war between rival generals continues to tear the country apart, UN said

    UN humanitarian chief Martin Griffiths noted that nearly 730,000 Sudanese children - including more than 240,000 in Darfur - are thought to suffer from "severe" malnutrition

  • According to sources from Hamas and Islamic Jihad, leaders from the two Palestinian groups, as well as the Marxist Popular...

    The Houthis have attacked Red Sea shipping for months since the Israel-Hamas war broke out on October 7, saying they are targeting vessels in solidarity with Palestinians

    Hamas and the Houthis belong to the "axis of resistance", a collection of Iran-backed movements hostile to Israel and the United States that also includes Lebanon's Hizbollah

  • Washington, US - G7 countries warned Iran on Friday that they will impose "significant" new sanctions if Tehran transfers ballistic missiles...

    Among the steps that have been discussed is ending national airline Iran Air's flights to Europe, the official added.

    A senior US administration official told journalists that if Iran decides to sell ballistic missiles to Russia, the costs will far outweigh the benefits.

  • Istanbul, Turkey - Twenty-two migrants including seven children have drowned after a boat capsized off the Turkish coast, local officials said...

    "The Turkish coastguard found the bodies of 22 people including seven children," the local governor's office said in a statement.

    Officials said the boat began sinking overnight and on Friday many ambulances were standing by at the port of Kabatepe near Gokceada.

  • Britain and the United States have already imposed sanctions on a small number of Israeli settlers accused of committing human...

    A high-ranking EU official said that he expected foreign ministers from the bloc's 27 member states to give political backing to the moves.

    The 27-nation EU has struggled for a unified position in the face of the Hamas attack and Israel's subsequent devastating military operation in Gaza.aZ