INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

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

Situation may explode in Palestine if talks don’t resume: Arab League

Arab League chief Ahmad Aboul Gheit warns Middle East stability will be periled by halting funding to UNRWA.
  • The Palestinian people would not stand still for a long time and the situation could blow up, Abu-Gheit said at a news conference
  • He urged the international community, "not only the United States", to press Israel to return to peace talks

Arab League Secretary General Ahmad Abu-Gheit warned Sunday that unless serious peace talks resume, the situation could explode in the Palestinian territories.

The Palestinian people would not stand still for a long time and the situation could blow up, Abu-Gheit said at a joint news conference with Kuwaiti Foreign Minister and Minister of State for Cabinet Affairs Sheikh Dr Ahmad Nasser Al-Mohammad Al-Sabah following the Kuwait-hosted 156th Arab ministerial meeting.

He urged the international community, “not only the United States”, to press Israel to return to peace talks.

On the Arab ministerial meeting, the Arab League chief said that the meeting discussed the overall situation in the Arab region, foreign interference in Arab domestic affairs and the impact of international events on Arab causes.