INSEAD Day 4 - 728x90

respite

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.
  • Equities struggled Wednesday after a brief respite from last week's painful rout across world markets, with recession fears continuing to build as central banks hike interest rates to combat inflation. Fears about a global contraction have also put downward pressure on oil prices.
  • Yemen savors a quiet day of Ramadan truce

    A UN-brokered two-month truce took effect in Yemen Saturday, the first day of the Muslim holy month of Ramadan, and analysts hope for a rare respite in the impoverished country's seven-year war.
  • Yemen’s preserve offers peace amid war

    In Yemen's easternmost province, far from the front lines of the war that has devastated the country, the lush greenery of the Hawf nature reserve offers a rare respite.