INSEAD Day 4 - 728x90

red sea port

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.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.
  • Yemen's Huthi rebels have signed a UN agreement hoped to help stop a rusting oil tanker in the Red Sea becoming an ecological and humanitarian catastrophe, officials said Monday. The 45-year-old FSO Safer, long used as a floating oil storage platform with 1.1 million barrels of crude on board, has...
  • Saudi-led coalition threatens Yemen’s rebel-held ports

    A Saudi-led military coalition threatened Tuesday to target Yemen's rebel-held ports after Huthi fighters seized a UAE-flagged ship -- unless the vessel is freed. On Monday, the pro-Iran Shiite Huthi rebels based in the key Red Sea port of Hodeida seized the Emirati-flagged Rwabee ship claiming it contained military materials....