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.

Saudi Arabia pledges support for Yemeni-Yemini consultations, truce

Saudi Deputy Minister of Defense Prince Khaled bin Salman bin Abdualziz in a meeting with Yemeni Prime Minister Dr. Maeen Abdulmalik and his cabinet.
  • "The Kingdom of Saudi Arabia hopes that the truce will contribute to the political efforts to reach a political settlement," Prince Khaled said
  • The Yemeni Prime Minister and the members of his cabinet valued the continuous support provided by the Kingdom of Saudi Arabia for the Yemeni people

Saudi Deputy Minister of Defense Prince Khaled bin Salman bin Abdualziz reaffirmed his country’s commitment to establishing security, peace and stability in Yemen in a meeting on Monday with Yemeni Prime Minister Dr. Maeen Abdulmalik Saeed and the members of the Yemeni Cabinet.

Prince Khaled highlighted that the Kingdom had welcomed the announcement of the Special Envoy of the UN Secretary General to Yemen to cease all military operations inside Yemen and on the Saudi-Yemeni borders in a bid to reach a comprehensive political solution to the ongoing conflict in the country.

“The Kingdom of Saudi Arabia hopes that this truce will contribute to the political efforts to reach a political settlement through the Yemeni-Yemeni consultations held under the auspices of the Gulf Cooperation Council (GCC),” Prince Khaled said.

The Yemeni Prime Minister and the members of his cabinet valued the continuous support provided by the Kingdom of Saudi Arabia for the Yemeni people under various circumstances, and its commitment to support the government’s efforts and the sovereignty, security and stability of Yemen. 

Dr. Maeen said that the Yemeni government counts on the support of Saudi Arabia, the GCC donors and the international community to provide for the needs of the Yemeni government, in order to achieve economic stability in Yemen and alleviate the suffering of the Yemeni people.