INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Russia to resume charter flights to Egyptian resorts

Russian charter airplane Ural airlines arrives at the airport of the Red Sea resort of Sharm el-Sheikh, Egypt November 12, 2015. REUTERS/Asmaa Waguih
    • Russia had suspended the service after its plane crashed in Egypt, killing all the 224 passengers on board

    • The plane had been taking Russian holiday makers home from Sharm el-Sheikh to St. Petersburg in 2015

    Nearly six years after a Russian plane with 224 passengers on board crashed over the Sinai Peninsula, killing all on the plane, Russia will begin a service of charter flights to Egyptian resorts in the coming days.

    Russian charter flights to Egyptian resorts are expected to resume in the coming days after a years-long hiatus, the Interfax news agency cited the boss of Aeroflot as saying on Friday.

    Flights to resort destinations Sharm Al-Sheikh and Hurghada were suspended after a Russian passenger plane crashed in Sinai in October 2015, killing 224 people.

    The plane had been taking Russian holiday makers home from Sharm el-Sheikh to St. Petersburg in 2015, when it broke up over the Sinai Peninsula, killing all on board. A group affiliated with Daesh militants claimed responsibility.