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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.
  • Putin says prefers more ‘predictable’ Biden over Trump

    Asked by a journalist who Russia would like to see win in the likely contest between the Democratic incumbent and...

    Putin batted away questions about Biden's age and health, with the president set to turn 82 just weeks after the election

    Trump reacted to Putin's comments at a rally in South Carolina on Wednesday evening, praising them as "a great compliment."

  • Two children among four Lebanese killed in Israeli strikes

    "A woman was killed along with her child and her stepchild in a strike that targeted Sawwaneh," while a fourth...

    The Israeli military said Wednesday its fighter jets "began a series of strikes in Lebanon", raising fears of a war between the two countries after months of cross-border violence.

    The strikes came hours after unclaimed rocket fire from Lebanon wounded seven people in northern Israel, five of them in the town of Safed, medics said.

  • Erdogan’s Egypt visit aimed at rapprochement with al-Sisi

    Turkey and Egypt cut ties in 2013 after Sisi, then Egypt's defense minister, ousted Islamist president Mohamed Morsi, an ally...

    Erdogan will discuss with Egyptian president "every effort" to stop the "bloodshed" in Gaza

    He has emerged as one of the Muslim world's harshest critics of Israel's war against Gaza

  • Saboteurs hit Iran pipelines disrupting gas supply: state media

    The saboteurs hit pipelines in the cities of Borujen in the southwestern province of Chaharmahal and Bakhtiari, and Safashahr in...

    State media reported that the sabotage had disrupted gas supplies in at least three provinces -- North Khorasan in the northeast, Lorestan in the west and Zanjan in the northwest

    No group claimed responsibility for the attacks and Iran did not immediately apportion blame, although Iran has generally blamed Israel for similar acts of sabotage in the past

  • Hamas heads to Cairo truce talks as Rafah braces for Israeli assault

    CIA Director William Burns had joined Tuesday's talks with David Barnea, head of Israel's Mossad intelligence service, which Egyptian media...

    A Hamas source told AFP that a delegation was headed to the Egyptian capital to meet Egyptian and Qatari mediators, after Israeli negotiators held talks with the mediators Tuesday

    Turkish President Recep Tayyip Erdogan, an outspoken critic of Israel's conduct of the Gaza war, was also due in Cairo Wednesday for talks with President Abdel Fattah al-Sisi.

  • Israeli delegation departs Cairo after truce talks: media

    The UN and many governments across the world have expressed alarm about the possible civilian toll of an Israeli assault...

    An official in Israeli PM's office said the Israeli delegation was on its way back from Cairo

    An Egyptian official told media that the talks will continue for another three days

  • AI giants to unveil pact to fight political deepfakes

    The idea comes as big tech companies are under considerable pressure over fears that AI-powered applications could be misused in...

    Currently under negotiation by the companies, this so-called "accord" on deepfakes and other dangerous content is set to be announced during the Munich Security conference

    According to the Washington Post, the companies will agree to develop ways to identify, label and control AI-generated images, videos and audio that aim to deceive voters

  • Al Jazeera condemns Israel ‘targeting’ Gaza journalists

    Reporter Ismail Abu Omar's life is at risk and cameraman Ahmad Matar was severely wounded when the pair were hit...

    Reporter Ismail Abu Omar's right leg was blown off in the drone strike, while doctors were trying to save the left one, Al Jazeera said, quoting an emergency physician

    US, Israel's vital ally, offered its "sincere condolences" over the injuries and noted that they were not the first Al Jazeera journalists harmed during the conflict

  • Qatar’s ties with Iran closer than ever: Sheikh Tamim bin Hamad

    Doha, Qatar-- Qatar's Emir Sheikh Tamim bin Hamad Al Thani has affirmed that the ties between Qatar and Iran have...

    The Iranian foreign minister stressed for the need to implement agreements reached between the two countries in order to further strengthen the ties

    Qatar's leader applauded the Iranian effort to support Palestine and its pursuit of a political solution to bring to an end the war and suffering of the people in Gaza

  • Israel army shows video it says is of Hamas’s Yahya Sinwar in tunnel

    It was unclear from the footage where the tunnel was located, but in recent weeks the Israeli military has pounded...

    Israel accuses Sinwar of masterminding the unprecedented October 7 attack on Israel that triggered the conflict

    Army spokesman Daniel Hagari said Israeli troops had uncovered the video in a security camera during an operation in a tunnel