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.
  • Despite concerns in Israel that Hamas has seized on the pause to reassert itself in Gaza, Vance said Washington would...

    Despite concerns in Israel that Hamas has seized on the pause to reassert itself in Gaza, Vance said Washington would not set a deadline for the group to disarm

    That came after US President Donald Trump warned that allied nations in the region would invade Gaza to wipe out Hamas if it failed to comply with the truce

  • "The conflict has damaged nearly one-third of Syria’s pre-conflict gross capital stock, with direct physical damages to infrastructure, residential buildings, and...

    Among the categories assessed, infrastructure was the hardest hit, accounting for 48 percent of total damage, equivalent to $52 billion.

    The report estimates costs of physical assets to range between $140 billion and $345 billion, "with a conservative best estimate" of $216 billion.

  • Riyadh, Saudi Arabia -- Saudi Arabia's Crown Prince Mohammed bin Salman will meet US President Donald Trump during a three-day...

    The Crown Prince will arrive on November 17 and discuss political, economic and security files with Trump the following day, the source said on condition of anonymity.

    Some media reports suggest Saudi Arabia is hoping for a US security agreement after Trump's executive order this month pledging to defend its neighbor Qatar from attacks.

  • Russia's top diplomat Sergei Lavrov and US counterpart Marco Rubio discussed preparations for an upcoming summit between Vladimir Putin and...

    Diplomatic efforts to end Russia's three-and-a-half-year invasion have stalled since Trump and Putin met for peace talks in Alaska in August

    The two announced last week that they would meet in Budapest for a second round of talks, but it was not clear whether Zelensky would attend

  • Trump, however, insisted that American forces would not be involved in confronting against Hamas, saying dozens of countries that have...

    Vice President JD Vance headed to Israel shortly after Trump's comments, joining two top US envoys after weekend violence threatened to wreck the fragile ceasefire

    Trump helped broker the Gaza deal nearly two weeks ago but it has repeatedly come under threat as Israel accuses Hamas of stalling on handing over dead hostages

  • President Luiz Inacio Lula da Silva has come under fire from conservationists who argue his oil expansion plans clash with...

    Brazil will host COP30 climate talks in the Amazon city of Belem next month.

    Petrobras said drilling in the Foz de Amazonas region will begin immediately and will last for five months, after its five-year battle to get permission to explore the area.

  • Countries of the so-called MED9 group -- Croatia, Cyprus, France, Greece, Italy, Malta, Portugal, Slovenia and Spain -- met on...

    "There is absolutely no excuse for anyone to block such humanitarian aid," Slovenian Prime Minister Robert Golob said.

    The reopening of the Rafah border crossing between the Gaza Strip and Egypt remains on hold despite calls from the UN and aid groups.

  • Stockholm, Sweden -- A Swedish court began hearing arguments Monday in a lawsuit brought by Swedish price comparison site Pricerunner,...

    The Swedish tech startup filed its suit with the Patent and Market Court in Stockholm in 2022.

    It filed the suit after EU General Court ruling that Google "breached EU antitrust laws by manipulating search results in favor of their own comparison shopping services".

  • Asked by reporters whether the truce was still in effect, Trump said: "Yeah, it is". The US president, who helped...

    The dozens of strikes Israel carried out on Hamas positions in Gaza Sunday came after it accused the militant group of targeting its troops in "a blatant violation" of the truce

    The deal established the outline for hostage and prisoner exchanges, and proposed an ambitious roadmap for Gaza's future, but it has quickly faced challenges to its implementation

  • Deir el-Balah, Palestinian Territories -- The Palestinians trying to rebuild their lives in the ruins of Gaza are short of...

    Food is purchased with cash or through bank transfers, which are often complicated due to power and communication outages.

    Gazans have lost a lot of savings and commissions on transfers can reach 40 percent.