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.
  • Moscow, Russia -- A volcano erupted for the first time in 450 years in Russia's eastern Kamchatka region, the nation's...

    Pictures released by Russian state media show a towering plume of ash spewing from the Krasheninnikov volcano, which last erupted in 1550.

    The plume is estimated to have reached an altitude of 6,000 metres (19,700 feet), Kamchatka's Ministry of Emergency Situations said in a post on Telegram.

  • The Israeli military said it intercepted a missile fired from Yemen on Friday, which the Iran-backed Huthi rebels said they...

    "Following the sirens that sounded a short while ago in several areas in Israel, a missile that was launched from Yemen was intercepted," the Israeli military said

    The Huthis targeted Israel's Ben Gurion airport "using a 'Palestine 2' hypersonic ballistic missile", their military spokesman Yahya Saree said in a video statement

  • Istanbul, Turkey - Turkey on Saturday turned on a supply of natural gas from Azerbaijan to Syria, whose infrastructure was...

    Syria's Islamist authorities, who toppled Bashar al-Assad in December, are seeking to rebuild the battered country where power cuts can last for more than 20 hours a day

    A first phase of the Qatari scheme to fund gas supplies for power generation in Syria rolled out in March via Jordan and provided 400 megawatts of electricity per day

  • US envoy Steve Witkoff on Saturday met the anguished families of Israeli hostages still held in Gaza, as fears for...

    Witkoff was greeted with some applause and pleas for assistance from hundreds of protesters gathered in Tel Aviv, before going into a closed meeting with the families

    The visit came one day after Witkoff visited a US-backed aid station in Gaza, to inspect efforts to get food into the devastated Palestinian territory

  • In the quiet Galilee village of Julis, Israeli Druze volunteers are busy collecting food donations and gathering information to support...

    The colourful Druze flag hangs on a wall in a community centre alongside a sign in Hebrew that reads "Druze Community Emergency Room."

    Sweida, a Druze-majority province in southern Syria, saw a week of deadly clashes last month, which a war monitor said killed more than 1,400 people

  • In a statement, Iranian foreign ministry spokesman Esmaeil Baqaei described the claims as "baseless", calling them "an attempt to divert...

    In a statement, Iranian foreign ministry spokesman Esmaeil Baqaei described the claims as "baseless", calling them "an attempt to divert public attention from genocide in Gaza

    The United States, Britain, France and Germany condemned in a joint statement on Thursday "the growing number of state threats from Iranian intelligence agencies."

  • The United States and Russia control the vast majority of the world's nuclear weaponry, and Washington keeps nuclear-armed submarines on...

    Trump did not say whether he meant nuclear-powered or nuclear-armed submarines, and he also did not elaborate on the locations, which are kept secret by the US military

    Trump did not refer specifically to what Medvedev had said to prompt the highly unusual public display of nuclear saber-rattling

  • Rome, Italy -- Award-winning Israeli author David Grossman called his country's campaign in Gaza "genocide" and said he was using...

    This came days after a major Israeli rights group also used the same term, amid growing global alarm over starvation in the besieged territory.

    "This word is an avalanche: once you say it, it just gets bigger, like an avalanche. And it adds even more destruction and suffering," he said.

  • The visit by Steve Witkoff came as a report from global advocacy group Human Rights Watch accused Israeli forces of...

    The UN human rights office in the Palestinian territories said at least 1,373 people had been killed seeking aid in Gaza since May 27 -- 105 of them in the last two days of July.

    "Most of these killings were committed by the Israeli military," the UN office said, breaking down the death toll into 859 killed near GHF food sites.

  • The tariffs are a demonstration of raw economic power that Trump sees putting US exporters in a stronger position while...

    But the muscular approach has raised fears of inflation and other economic fallout in the world's biggest economy.

    Stock markets in Hong Kong and London slumped as they digested the turmoil.