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.

Oil tanker blows up in fire on Makkah-Jeddah expressway

  • A video posted to the Makkah region’s official Twitter account showed cars driving by a raging fire stretching across the central divide of the highway
  • Civil Defense teams at the site eventually managed to control the fire, authorities announce soon after 2 a.m. on Tuesday

A speeding car rammed into an oil tanker, causing the tanker to explode into a ball of fire on the Makkah-Jeddah expressway. At least ten more vehicles also caught fire, but miraculously there were no fatalities or burn injuries, according to the local authorities.

A video posted to the Makkah region’s official Twitter account showed cars driving by a raging fire stretching across the central divide of the highway. Shortly after, vehicles were diverted away from the scene.

Civil Defense teams at the site eventually managed to control the fire, authorities announce soon after 2 a.m. on Tuesday.

The highway, also known as the Haramain Expressway, is the key route into the holy city of Makkah from the west.