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.
  • Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani, Turkey's intelligence chief Ibrahim Kalin, Trump's special Middle East envoy Steve...

    Israel and Hamas are holding indirect negotiations in the Egyptian resort town of Sharm El-Sheikh, based on a 20-point plan proposed by US President Donald Trump last month

    "There's a real chance that we could do something," Trump told reporters in the Oval Office on Tuesday, adding that US negotiators were also involved in the talks

  • Damascus, Syria - Syria announced a comprehensive ceasefire with Kurdish forces after a meeting Tuesday between Syrian President Ahmed al-Sharaa...

    Syria's authorities, who took power last year after the ouster of longtime ruler Bashar al-Assad, have rejected Kurdish demands for a government giving them greater autonomy

    The Kurds, who carved out their semi-autonomous administration under Assad, have called for decentralisation, a demand the new authorities have rejected

  • London, United Kingdom - Thousands of students protested in London and other UK cities on Tuesday, defying a plea from...

    Chanting "Free Palestine", students from several London universities walked out of classes at 2:00 pm (1300 GMT) to march through the centre of the British capital

    Writing in The Times newspaper, Starmer alleged that pro-Palestinian protests had been used "to attack British Jews for something over which they have absolutely no responsibility

  • On the second anniversary of the Hamas October 7, 2023 attack on Israel, Antonio Guterres decried a "humanitarian catastrophe on...

    His comments came as the world marked the two years since Hamas launched a massive assault on Israel, making it the deadliest day in the country's history.

    Israel's military campaign in Gaza by air, land and sea has killed at least 67,160 people, according to the health ministry in the Hamas-run territory.

  • Behind closed doors and under tight security, negotiators will speak through mediators shuttling back and forth, only weeks after Israel...

    The Hamas delegation, led by top negotiator Khalil al-Hayya who survived the attack in Doha, held a meeting with Egyptian intelligence officials ahead of the talks.

    Trump, whose envoy Steve Witkoff and son-in-law Jared Kushner are expected in Egypt, has urged negotiators to "move fast" to end the war in Gaza.

  • Iran's top diplomat said Sunday that cooperation with the United Nations nuclear watchdog was no longer relevant following the reimposition...

    "The Cairo agreement is no longer relevant for our cooperation with the IAEA (International Atomic Energy Agency)," Foreign Minister Abbas Araghchi said

    The deal had set up a framework to resume cooperation and allow the watchdog to inspect Iranian sites, after Tehran suspended cooperation following Israeli and US strikes

  • Foreign ministers of several countries, including Egypt, said the talks were a "real opportunity" to achieve a comprehensive and sustainable...

    The diplomatic push follows Hamas's positive response to Trump's roadmap for an end to the fighting and the release of hostages in exchange for Palestinians in Israeli jails.

    The White House said Trump had also sent two envoys to Egypt -- his son-in-law Jared Kushner and Middle East negotiator Steve Witkoff.

  • Dhaka, Bangladesh -- Bangladesh's defense force said it has deployed warships and patrol aircraft as part of a special surveillance...

    The herring-like hilsa return from the Bay of Bengal to rivers each year to lay eggs.

    Bangladeshi authorities said on Saturday they had imposed a three-week ban on fishing from October 4-25 to safeguard the spawning areas.

  • Damascus, Syria -- Syria will select members of its first post-Assad parliament on Sunday in a process criticized as undemocratic,...

    more than 1,500 candidates -- just 14 percent of them women -- are running for the assembly, which will have a renewable 30-month mandate.

    Sharaa is to appoint 70 representatives out of the 210-member body.

  • The increase was less than many analysts expected, with the cartel seeking to avoid pressuring prices amid weak demand. OPEC+...

    Opec+'s priority at the start of the year was to maintain prices high by limiting supply, but it changed strategy starting in April.

    Since April, the V8 group -- comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman -- has boosted production by 2.5 mbpd in total.