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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Palestine’s Abbas expected in Moscow for talks with Putin soon: Russian diplomat

Palestinian leader Mahmoud Abbas.
  • Kremlin Spokesman Dmitry Peskov refused to say exactly when Abbas would arrive
  • He surmised that the two leaders would primarily discuss the situation in the Middle East

Moscow, Russia – Palestinian leader Mahmoud Abbas will soon visit Moscow for talks with Russian President Vladimir Putin, a senior Russian diplomat announced.

“I can say that he [Abbas] will soon arrive on an official visit in Moscow; talks with Vladimir [Putin] will be held here,” said Russian Deputy Foreign Minister Mikhail Bogdanov, who is also Special Presidential Envoy for the Middle East and Africa.

Kremlin Spokesman Dmitry Peskov refused to say exactly when Abbas would arrive. “We will announce the date [of Abbas’ upcoming visit] in due time,” Peskov said, as he surmised that the two leaders would primarily discuss the situation in the Middle East.

Tensions in the Middle East flared up again on October 7 when Hamas militants launched a surprise incursion into Israeli territory from the Gaza Strip. The Palestinian movement described its attack as a response to the aggressive actions of Israeli authorities against the Al-Aqsa Mosque on the Temple Mount in Jerusalem’s Old City. Israel declared a total siege of Gaza and started carrying out strikes on the Palestinian enclave, as well as on certain areas in Lebanon and Syria. Clashes are also taking place in the West Bank.