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DAE to acquire 17 aircraft for $1 bn

This portfolio comprises 100 percent next-generation aircraft

DP World posts record $20bn revenue

The adjusted EBITDA rose by 6.7% to $5.5bn in 2024.

Meraas awards $544m contract

It has been awarded for construction of Design Quarter at d3

Salik 2024 net profit before taxes $348m

The toll operator's revenue increased by 6% to $626 million.

ADNIC okays 45% dividend for 2024

The company achieved its highest ever revenue and net profit.

Iranian jet fighter crashes, three killed, reports state TV

The transfer of the frozen funds from South Korea to Europe and later to Qatar was part of a deal that saw US and Iran exchange five prisoners last month. (AFP)
  • Jet fighter crashed in a residential area of the northwestern city of Tabriz
  • The head of the local Red Crescent said the jet smashed into a school

An Iranian military jet fighter crashed Monday in a residential area of the northwestern city of Tabriz killing three people, including two crew members, state television reported.

The head of the local Red Crescent said the jet smashed into a school, and that one of the dead was a resident of the neighbourhood. An investigation is underway, the state broadcaster said.