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.
  • The DMCC Crypto Centre welcomed Bitcoin.com, which is setting up its first MENA office in Dubai. The Arab Coordination Group...

    Bahrain’s Central Bank reported a 188% oversubscription of its BD 70 million Treasury Bills, reflecting sustained investor confidence.

    In aviation, AviLease, the Saudi aircraft lessor, placed an order for up to 77 Airbus aircraft, including A320neo and A350F models.

  • Astana, Kazakhstan - Chinese President Xi Jinping will meet Central Asian leaders at a summit in Kazakhstan on Tuesday, his...

    The summit in the Kazakh capital brings together Xi - who arrived in Astana on Monday - and the leaders of Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan and Turkmenistan

    Under Russia's orbit until the fall of the Soviet Union in 1991, the five countries of Central Asia have courted interest from major powers including China and the United States

  • The United States and Iran had engaged in several rounds of indirect talks on Tehran's nuclear programme in recent weeks,...

    Despite growing calls for the longtime foes to end hostilities, neither Israel nor Iran showed any signs of cutting short the missile blitz kicked off Friday

    The Chinese embassy in Tel Aviv warned its citizens to leave the country immediately, as the United States said it was deploying "additional capabilities" to the Middle East

  • The G7 statement said that Israel "has a right to defend itself" and stressed "the importance of the protection of...

    After a day of statements backing diplomacy, Trump ominously took to social media to sound a warning to the people of the Iranian capital Tehran

    But after hesitating at backing a joint statement on the crisis, Trump relented during a dinner at the forested lodge under the snow-capped mountains in Kananaskis

  • Images verified by AFP, shot by a social media user from an overpass, showed near immobile traffic on a Tehran...

    Iran's health ministry says at least 224 people have been killed and more than 1,200 wounded.

    Iran foreign ministry spokesman Esmaeil Baqaei called the strike on state TV a "war crime".

  • The decision added drama to the major aerospace industry event, which was already under the shadow of last week's deadly...

    The booths displayed "offensive weapons" that could be used in Gaza -- in violation of agreements with Israeli authorities, a French government source told AFP.

    The companies -- Israel Aerospace Industries (IAI), Rafael, Uvision, Elbit and Aeronautics -- make drones and guided bombs and missiles.

  • Israeli Prime Minister Benjamin Netanyahu said Sunday he ordered negotiators to "advance" talks on releasing hostages held in Gaza, after...

    Speaking on US news channel Fox News, Netanyahu said that US Middle East envoy Steve Witkoff "made an offer to begin a 60-day ceasefire

    Of the 251 hostages seized during Hamas's October 7, 2023 attack on Israel that sparked the war in Gaza, 52 are still held in Gaza, including 34 the Israeli military says are dead

  • Mediators Qatar and Oman were told by Iran that Tehran "will not negotiate while under attack", an official briefed on...

    Israel unleashed a punishing fresh barrage of strikes across Iran in a third day of exchanges Sunday

    The latest conflict marked the first time the two sides have traded fire with such intensity

  • Trump has praised Israel's strikes, noting it used US weapons, even though Prime Minister Benjamin Netanyahu defied his public calls...

    The three-day gathering in the mountain town of Kananaskis marks the return to the international diplomatic calendar of Trump

    Canadian Prime Minister Mark Carney had designed an agenda aimed at minimizing disagreements within the club of wealthy industrial democracies

  • Israel's military said its air force hit Mashhad airport in Iran's far east, making it the longest-range strike of the...

    With no let-up in sight, Iran said it would begin opening mosques, metro stations and schools to serve as makeshift bomb shelters for civilians.

    As Israel targeted sites across the Islamic republic, Iran launched a barrage of missiles aimed at Israel in the afternoon, setting off air raid sirens in Jerusalem and elsewhere.