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DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

ADNEC to acquire ‘Royal Catering’

Royal Catering has more than 2.500 employees.

PIF sets up sarcc company

The new entity will address growing staff accommodation demand.

Boeing to cut 10% of workforce

The company has projected a large third-quarter loss.

AviLease acquires 9 aircraft from Avolon

AviLease had purchased 13 aircraft from Avolon in 2023.
  • Israel marks first anniversary of Hamas’s October 7 attack

    Israel began its commemorations Monday of the one-year anniversary of Hamas's deadly October 7 attack, with an outpouring of emotion...
  • October 7 anniversary: Hamas praises ‘glorious’ moment in its resistance, Netanyahu says ‘we will win’

    Hamas called the Palestinian resistance a testament of resilience against Israeli aggression, while Netanyahu reaffirmed Israel's commitment to crush Hamas...

    Last year's October 7 attack resulted in the deaths of 1,205 people, according to an AFP tally based on Israeli official figures that include hostages killed in captivity

    At least 41,870 Palestinians, a majority of them civilians, have been killed in Israel's military campaign in the Gaza Strip since the war began

  • Israeli airstrikes escalate in Lebanon as UN and Macron demand urgent ceasefire and de-escalation

    As Israeli airstrikes rock Beirut, the UN demands peace and hostages’ release, and Macron criticizes Israel’s military actions, warning against...

    The UN secretary-general denounced Hamas and called for an immediate end to the "shocking violence and bloodshed" in Gaza and Lebanon

    French President Emmanuel Macron called Saturday for a halt on arms deliveries to Israel for use in Gaza, provoking a sharp response from Israeli PM Netanyahu

  • Iran FM threatens ‘even stronger’ retaliation to any attack

    "Our reaction to any attack by the Zionist regime is completely clear," Foreign Minister Abbas Araghchi told reporters in the...

    He spoke after an Israeli military official told AFP, the army was "preparing a response to the unprecedented and unlawful Iranian attack."

    The conflict has also drawn in Iran's Lebanese ally Hezbollah, and on September 23 Israel sharply intensified its campaign against the militant group

  • Trump says he thinks Israel should ‘hit’ Iran nuclear facilities

    The former president, speaking at a campaign event in North Carolina, referred to a question posed to Democratic President Joe...

    "When they asked him (Biden) that question, the answer should have been, hit the nuclear first, and worry about the rest later," Trump said

    Biden was asked on Wednesday whether he would support strikes against Iranian nuclear sites and the US president told reporters: "The answer is no."

  • Smoke billows near a damaged building at the site of overnight Israeli airstrikes on the Mreijeh neighborhood in Beirut's southern suburbs on October 4, 2024. (AFP)

    Updates: Israel attacks 2,000 sites in Lebanon, kills over 40 rescuers, and destroys hospitals

    Israel has intensified its attacks against Lebanon striking emergency services and professionals - a possible war crime. Several hospitals in...

    Israeli bombing in Lebanon has killed more than 1,110 people and has displaced up to one million

    Turkish President Recep Tayyip Erdogan accuses Israel of "shamelessly" attacking UN chief Antonio Guterres

  • Updates: Iran’s supreme leader says anti-Israel resistance will not back down

    Ayatollah's rare address in Arabic follows Iran's second-ever direct attack on Israel; rallies held in Jordan and Bahrain in support...

    Speaking days ahead of Oct 7 attack anniversary, Khamenei defended the Palestinian group's "logical and legal" actions and hailed its "fierce defense" against Israeli forces.

    Beyond Tehran, crowds of protesters gathered in Jordan and in Bahrain, which both have ties with Israel, after Friday prayers in a show of support for Hamas and Hezbollah.

  • Israel’s hawkish Yoav Gallant driving war in Lebanon

    Jerusalem, Undefined - Defence Minister Yoav Gallant, a former general who has shaped Israel's war against Hamas in Gaza, is a...

    The hawkish politician, a member of Prime Minister Benjamin Netanyahu's party has repeatedly stressed that Israel must take the fight to Lebanon

    Military action was "the only way to ensure the return of communities in northern Israel to their homes", Gallant told visiting US envoy Amos Hochstein last month

  • US President Joe Biden speaks to the media prior to departing on Marine One from the South Lawn of the White House in Washington, DC, on October 3, 2024, as he travels to Florida and Georgia to view damage from Hurricane Helene. (AFP)

    Updates: President Biden says ‘discussing’ possible Israeli strikes on Iran oil facilities

    Oil prices shoot up as Biden suggests that Israel might target Iranian oil facilities, while GCC Arab states, including Qatar,...

    "First of all, we don't 'allow' Israel, we advise Israel. And there is nothing going to happen today," says Biden.

    GCC Arab states, including Qatar, Saudi Arabia, and UAE reassure Iran of neutrality in the conflict between Tehran and Israel

  • Smoke billows from the rubble of a building destroyed in an Israeli airstrike on a neighborhood in Beirut's southern suburbs on October 2, 2024. (AFP)

    Regional Updates: Iran “not looking for war” but will retaliate fiercely to any Israeli attack

    Iranian leadership vows strong retaliation if Israel attacks Iran as Hezbollah kills eight Israeli soldiers and destroys 3 tanks while...

    Hezbollah said it repelled an Israeli infiltration into southern Lebanon on Wednesday, as Israel reported eight soldiers were killed and 3 tanks destroyed

    US President Joe Biden rules out supporting an Israeli strike on Iran's nuclear sites as Israel aims to garber support for an attack against Iran