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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.
  • Canada announces sanctions against Hamas leaders

    The move comes two weeks after Britain and the United States unveiled new coordinated asset freezes and travel bans on...

    The 11 individuals targeted by the Canadian measures include Hamas leader Yahya Sinwar and its military chief Mohammed Deif

    All the sanctioned individuals were said in a statement to be "integral to the planning, funding and execution of the October 7 attacks

  • Israel says studying Hamas response to truce deal

    Last week, a Hamas source said the truce deal calls for a six-week pause to fighting as Hamas frees hostages...

    US Secretary of State Antony Blinken, on his fifth tour of the region since the war broke out, arrived in Israel to discuss an "essential" agreement

    Hamas confirmed it delivered its response to proposals hammered out a week ago in Paris between Qatar and other mediators

  • Israeli air strikes on Syria’s Homs kill five people

    The Syrian Observatory for Human Rights said that five people have been killed including three civilians, and seven others were...

    The monitor said the identities of the two non-civilian casualties were unknown

    Israeli strikes last Monday near Damascus killed eight people, including pro-Iran fighters

  • Saudi Arabia to US: No Israel ties until Palestinian statehood within 1967 borders

    Riyadh, Saudi Arabia - Saudi Arabia on Tuesday explicitly conveyed to the United States its stance on diplomatic relations with...

    The announcement comes amidst ongoing discussions between Saudi Arabia and the US regarding the Arab-Israeli peace process

    The spokesperson for the US National Security Council had recently commented on these discussions, further emphasizing their significance

  • EU seeks 90 percent drop in greenhouse emission by 2040

    Strasbourg, France - The EU on Tuesday urged a 90-percent cut to its greenhouse gas emissions by 2040, even as the...

    The 27-nation European Union is already working towards an interim target of cutting greenhouse gas emissions by 55 percent by 2030.

    However, rising discontent could deal it a tougher time in trying to get the 2040 goal of 90 percent cuts adopted.

  • Iran agricultural, food exports hit US$4.8bn in 10 months

    TEHRAN, IRAN – The country has exported more than 6.7 million tons of agricultural and food products worth US$4.8 billion...

    Of this amount, 4,944,481 tons worth $2,930,585,728 were dedicated to the export of agricultural products.

    While 1,133,710 tons worth US$931,961,158 were dedicated to the export of food products.

  • Saudi Arabia’s air defense commander examines Russia’s S-350, S-400 systems

    RIYADH, SAUDI ARABIA – The Commander of the Royal Saudi Air Defense Force Lieutenant-General Mazyad bin Suleiman Al-Amr has inspected...

    The Royal Saudi Air Defense Force Commander saw various radars from the Almaz-Antey air defense concern.

    The commander visited the stands of Russian defense industry companies and paid special attention to the air defense systems.

  • Hamas hands response to Gaza truce deal to Egypt and Qatar

    Hamas has for more than a week mulled the deal drawn up in its absence at Paris talks, as international...

    Qatari Prime Minister Mohammed bin Abdulrahman Al-Thani said Doha had received a "positive" response from Hamas to the truce plans.

    US Secretary of State Antony Blinken said he would bring a response from Hamas on a hostage deal to Israel on Wednesday and called it "essential" to move ahead.

  • UAE, Russian Presidents discuss regional and global developments

    ABU DHABI, UAE - President Sheikh Mohamed bin Zayed Al Nahyan spoke by telephone to President of the Russian Federation...

    Sheikh Mohamed reiterated the UAE's steadfast commitment to promoting peace and stability both regionally and globally.

    The UAE and Russian Presidents discussed several issues of mutual interest, with a particular focus on the Ukraine conflict.

  • Halting funding to UNRWA perils Middle East stability: Arab League

    Cairo, Egypt -- The potential termination of the UN Relief and Works Agency for Palestine Refugees in the Near East...

    According to the Arab League secretary general, "the desire of some countries to exclude the role of UNRWA by suspending its funding is a moral, humanitarian and security mistake."

    He said this "dangerous trend" is consistent with the position of right-wing parties in Israel, which have always sought and are still seeking to limit UNRWA's activities.