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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.
  • Three UAE soldiers, Bahraini officer killed in Somali attack

    The United Arab Emirates' defense ministry said that the soldiers were "exposed to a terrorist act" while "performing their work...

    The UAE said it will cooperate with Somalia in investigation of the attack

    Somalia said the attack had targeted a military camp in the capital Mogadishu

  • Yemen-based Houthis say 17 fighters killed in US strikes

    A total of 17 Houthi fighters were killed in US strikes, the Iran-backed Yemeni rebel group said through its official...

    The United States confirmed that its military had conducted a number of strikes against missile launchers as Houthi fighters prepared to launch them.

    The Iran-backed rebels, who control much of war-torn Yemen including the port of Hodeida, have been targeting shipping in the Red Sea and Gulf of Aden.

  • Six-year-old Gaza girl found dead days after seeking help

    Palestinian Territories - Six-year-old Hind Rajab pleaded to be rescued, after her family's car came under fire in war-ravaged Gaza...

    "I am so scared," Hind had said in a desperate phone call to the Palestine Red Crescent Society. "Call someone to come get me, please."

    She was last heard from after becoming trapped in the family's vehicle with other relatives as they tried to flee Gaza City from an Israel advance

  • War monitor say Israeli strikes kill three in Syria

    Beirut, Lebanon - Israeli air strikes that targeted a building in an upscale area near the Syrian capital killed three people...

    In the latest incident three people were killed, said Rami Abdel Rahman, head of the British-based Syrian Observatory for Human Rights.

    Since Syria's civil war broke out in 2011, Israel has launched hundreds of air strikes on its northern neighbor, mainly targeting Iran-backed forces.

  • Hamas, Saudi warn of calamity if Israeli troops attack Rafah

    Prime Minister Benjamin Netanyahu this week said he had ordered troops to prepare to go in to the city, crowded...

    Hamas said any military action would have catastrophic repercussion that "may lead to tens of thousands of martyrs and injured if Rafah... is invaded".

    Saudi Arabia said that Israel's planned army operation in overcrowded Rafah would cause a "humanitarian catastrophe".

  • Israel’s AI-enabled tech usage in Gaza sparks new fears

    New defense technologies including artificial intelligence-powered gunsights and robotic drones form a bright spot in an otherwise dire period for...

    In a first, the army has used an AI-enabled optic sight, made by Israeli startup Smart Shooter, which is attached to weapons such as rifles and machine guns.

    A senior defense official said the technology was destroying enemy drones and mapping Hamas's vast tunnel network in Gaza.

  • Jordan, Tunisia to enhance trade, investment relations

    AMMAN, JORDAN - The Chairman of the Amman Chamber of Commerce Khalil Haj Tawfiq has called on Jordanian and Tunisian...

    The trade between the two nations has seen significant growth over the past two years, with a notable balance in exports and imports.

    Trade volume over the last 10 months reached US$30 million, equally distributed between Jordan and Tunisia.

  • Gaza medics say Israeli forces raid Khan Yunis hospital

    Hospitals are granted special protection under the laws of war, but they have been repeatedly hit in Gaza over the...

    PRCS said Israeli forces had arrested eight of its team members at Al-Amal hospital, including "four doctors, as well as four wounded individuals and five patients' companions

    The medical organization has in recent days made repeated pleas for supplies and protection, reporting severe shortages of oxygen, medicines and fuel to power the hospital

  • NATO chief calls on Europe to ramp up arms production

    Ahead of a key meeting of NATO defense ministers in Brussels and the second anniversary of the Russia-Ukraine war, Jens...

    Stoltenberg's comments came amidst growing pleas for shells, ammunition and other military aide from Ukraine as it battles Russian forces into a third year

    NATO defense ministers will meet in Brussels on February 15, one week ahead of the second anniversary of Russia's offensive in Ukraine

  • Planned Israeli offensive in Rafah ‘alarming’: EU’s Borrell

    Rafah is the southernmost city in the Palestinian enclave that has been hit by a fierce Israeli offensive since the...

    Netanyahu said this week he had ordered troops to prepare to move into Rafah, and that "total victory" against the fighters would come in months

    Israeli air strikes and a ground offensive in response of October 7 attacks have killed at least 27,947 people in Gaza, mostly women and children