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.
  • Busan, South Korea -- Rows of coffins line a university classroom in the South Korean port city of Busan, ready...

    Single-person households now account for around 42 percent of all homes in Asia's fourth-largest economy.

    A new profession has emerged reflecting that statistic: cleaners who are called in to tidy up homes after their occupants, most of whom lived alone, have died.

  • Nabatieh, Lebanon -- Hundreds of people gathered in south Lebanon's Nabatiyeh on Sunday to mourn five Hezbollah members killed in...

    On Saturday, an Israeli strike killed four people in Kfar Rumman, Nabatiyeh district, the Lebanese health ministry and the Israeli military said.

    The men's coffins were draped in Hezbollah's flag while mourners threw petals and chanted "death to Israel, death to America".

  • "By destroying buildings... we will not be set back," said Iranian President Masoud Pezeshkian, in a visit to the country's...

    Pezeshkian's comments came as Oman, Iran's traditional intermediary, urged the two countries on Saturday to resume talks.

    Oman hosted five rounds of US-Iran talks this year. Just three days before the sixth round, Israel launched its strikes against Iran's nuclear facilities.

  • Since April, the V8 group -- comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman...

    As in previous months, the V8 group is likely to cite "low oil inventories" worldwide to justify a further increase in production quotas.

    In late October, pressure on Russian oil supplies mounted after the United States hit the country's two biggest oil producers -- Rosneft and Lukoil -- with sanctions.

  • The UN Security Council voted Friday in favor of a resolution backing Morocco's autonomy plan for Western Sahara as the...

    Western Sahara is a vast mineral-rich former Spanish colony that is largely controlled by Morocco but has been claimed for decades by the pro-independence Polisario Front

    The Security Council had previously urged Morocco, the Polisario Front, Algeria and Mauritania to resume talks to reach a broad agreement

  • After two years of war, the ruined cities of Gaza, a densely packed territory home to more than two million...

    After two years of war, the ruined cities of Gaza, a densely packed territory home to more than two million Palestinians, are littered with military debris

    In the streets of Gaza City, children play with rocket parts and the tail fins of mortar shells, oblivious to or unbothered by the danger

  • The announcement came in the wake of Russia saying it had tested a nuclear-powered and nuclear-capable torpedo, as well as...

    The last US nuclear test explosion was in September 1992, a 20-kiloton underground detonation at the Nevada Nuclear Security Site.

    Then-president George H.W. Bush imposed a moratorium on further tests in October 1992 that has been continued by successive administrations.

  • FII 2025 marked Saudi Arabia’s shift from spectacle to scaffolding — pivoting from oil power to systemic force in energy,...

    What distinguished this edition was not the staging but the facts now pointing the same way.

    Multilaterals and the government upgraded growth projections. The sovereign wealth fund flagged a strategic pivot.

  • Not including the latest two, Hamas have so far given back the remains of 15 of the 28 deceased hostages...

    Israel launched a wave of strikes on Gaza overnight from Tuesday to Wednesday after an attack that left an Israeli soldier dead in the south of the Palestinian territory.

    Hamas has said its fighters had "no connection to the shooting incident in Rafah" and reaffirmed its commitment to the truce.

  • Israel said it struck an arms dump in Gaza on Wednesday, hours after the deadliest night of bombing since the...

    The military announced it had carried out a strike on a site in the Beit Lahia area of northern Gaza where it said weapons were being stockpiled for "an imminent terror attack."

    Israeli troops, it said, would remain deployed in "accordance with the ceasefire agreement and will continue to operate to remove any immediate threat".