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ADNOC L&S H1 net profit $420m

The company’s revenue reached $2.43bn

SEC H1 net profit $1.67bn

Revenue grew by 24% to $7.38 billion.

DEWA profit after tax $789m

It will pay $843m in H1 dividend.

IHC H1 net profit $2.94 billion

The company posted 31% increase in revenue.

ADNOC Gas signs LNG deal

Will supply 0.5mmtpa of LNG to India's HPCL.

Qatar PM, Egypt intelligence chief meet Hamas in Doha

A Palestinian man inspects the destruction in the Tal Al-Hawa neighbourhood in southern Gaza City on June 5, 2024. AFP
  • The lead mediators met with the Palestinian militant group to "discuss a deal for a truce in Gaza and the exchange of hostages and prisoners."
  • CIA chief Bill Burns was also expected in Qatar to continue working with mediators to reach an agreement on a cessation of hostilities, the informed source had told AFP

Doha, Qatar – Qatar’s Prime Minister Mohammed bin Abdulrahman Al-Thani and Egypt’s intelligence chief Abbas Kamel met with Hamas members in Doha Wednesday for talks on a Gaza truce, a source with knowledge of negotiations told AFP.

The lead mediators met with the Palestinian militant group to “discuss a deal for a truce in Gaza and the exchange of hostages and prisoners”, the source said on condition of anonymity because of sensitivity of the talks.

CIA chief Bill Burns was also expected in Qatar to continue working with mediators to reach an agreement on a cessation of hostilities, the same informed source had told AFP on Tuesday.

Brett McGurk, Biden’s top Middle East adviser, was headed to Cairo, according to news site Axios which quoted an administration source as talking of a “full-court press… to get a breakthrough”.

Qatar, with the United States and Egypt, has been engaged in months of negotiations over details for a ceasefire in Gaza.

But except for a seven-day break in hostilities beginning in November that led to the release of more than 100 hostages, the mediation efforts have not stopped the fighting.

Seeking to restart talks, US President Joe Biden said last week Israel was offering a new three-stage roadmap.

On Wednesday, Qatar-based Hamas chief Ismail Haniyeh said the Palestinian militant group sought a “comprehensive cessation of aggression” in Gaza as part of a ceasefire deal.

The leader of Hamas’s political office also urged a complete Israeli withdrawal from Gaza and the exchange of Palestinian prisoners.

“Hamas is conducting the negotiations armed with this stance,” Haniyeh said.

Qatar has hosted the political leadership in Doha since 2012 at the behest of the United States.