INSEAD Day 4 - 728x90

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.

Salik profit slips in H1

The company said traffic recovery supported resilience.
  • European Union foreign policy chief Josep Borrell called on all parties to avoid further escalation in the Middle East after...

    US President Joe Biden vowing more attacks in retaliation for a deadly drone attack on an American base in Jordan.

    The EU is aiming to launch a naval mission in the Red Sea later this month to help protect international vessels from attacks.

  • Hundreds of thousands of displaced Palestinians have fled south to Rafah since the outbreak of the war, with the former...

    An AFP journalist in the city heard powerful explosions shortly after midnight on Saturday, with the Hamas-run health ministry later reporting 14 people killed in two strikes there

    Antony Blinken will travel to the Middle East again in the coming days to press a new proposal involving the release of Israeli hostages in return for a pause in Gaza fighting

  • The United States has some 900 troops in Syria and 2,500 in neighboring Iraq as part of an international coalition...

    The overnight strikes killed "a number of civilians and soldiers, wounded others and caused significant damage to public and private property", the Syrian military said

    The United States blamed Sunday's drone attack in Jordan on Iran-backed groups, but did not strike inside Iranian territory

  • The attack was the latest in a series of drone and missile strikes launched by the Houthis since the start...

    Houthi forces "carried out a military operation against specific targets of the Israeli enemy in the Umm al-Rashrash area with a number of ballistic missiles", Yahya Saree said

    The Israeli military had said earlier it had "successfully intercepted a surface-to-surface missile that approached Israeli territory in the area of the Red Sea"

  • Erkan resigned just a week after completing a historic series of interest rate hikes that have pushed the baseline rate...

    Fatih Karahan's appointment follows the resignation of Hafize Gaye Erkan after less than a year in office over a media scandal involving her family

    The reshuffle appears to keep in place Erdogan's newfound commitment to market economics following years of financial turmoil

  • "The United States does not seek conflict in the Middle East or anywhere else in the world. But let all...

    The United States did not strike the Iran's territory seeking to deter future attacks while stopping short of all-out war with Tehran

    US NSC spokesman John Kirby told journalists that the strikes lasted about 30 minutes though they involved a lengthy trip for the B-1 bombers

  • "Any (US) strike will result in an appropriate response," Al-Nujaba leader Akram al-Kaabi said in a statement, adding the group...

    Al-Nujaba movement forms part of the Islamic Resistance in Iraq, an alliance of Iran-backed armed groups that the US has blamed for last weekend's deadly drone attack

    Another of the alliance's factions, Kataeb Hezbollah (the Hezbollah Brigades), announced earlier this week that it was suspending its attacks on US forces in Iraq and Syria

  • The targets included a site operated by Lebanese group Hezbollah on a road leading to the Sayyida Zeinab district and...

    The Syrian Observatory for Human Rights said "three members of pro-Iran groups, including an Iranian and an Iraqi" were killed in "Israeli air strikes".

    Iran's Mehr news agency said an Iranian adviser from the Islamic Revolutionary Guard Corps, Saeed Alidadi, was killed in the strikes

  • "Each one has a heartbreaking story of loss and grief," said Jonathan Crickx, spokesman for the UN children's agency UNICEF...

    Before the conflict erupted, UNICEF estimated that more than 500,000 children in the Gaza Strip needed mental health and psycho-social support.

    Now it believes that "almost all children are in need" of such help -- more than one million children, said Jonathan Crickx, spokesman UNICEF in the Palestinian territories.

  • ABU DHABI, UAE  - The Ministry of Investment of the UAE and the Ministry of Digital Governance of the Hellenic...

    Data centers to be developed under this MoU can reach a total capacity of 500 megawatts.

    The data center market in Greece has witnessed significant growth in the last few years.