INSEAD Day 4 - 728x90

situation

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.
  • Head of Tunisia's trade union confederation Noureddine Taboubi said in a speech to protestors that the economic and social situation continues to worsen in the country, slamming the implementation of "diktats from the International Monetary Fund" (IMF) at the expense of ordinary Tunisians.
  • West Bank situation an obstacle between Israel-Palestine peace, says EU

    EU foreign policy chief Josep Borrell said the situation in the Israel-occupied West Bank posed a major obstacle to finding a long-term solution for peace between Israel and the Palestinians. "The West Bank is the real obstacle for the two-state solution," Borrell said at the Munich Security Conference.
  • Russia’s Putin offers assistance in Gaza Strip de-escalation

    MOSCOW, RUSSIA - Russian President Vladimir Putin has offered assistance in helping to deescalate the tense situation in the Gaza Strip, according to the Kremlin's press service. This offer was made during a phone conversation with Israeli Prime Minister Benjamin Netanyahu. “The Russian side is ready to offer all possible...
  • Top Iran and Russia diplomats hold talks, voice concern at ‘confrontation’ in Gaza

    Moscow, Russia-- Iran and Russia have held talks over the ongoing Israel's war on the Gaza Strip, expressing "concern over the continuing armed confrontation" there. The deliberations were conducted in talks over telephone between the Russian and Iranian foreign ministers, Sergey Lavrov and Hossein Amir-Abdollahian, the Russian foreign ministry said...
  • Turkey FM warns of escalation in nuclear arms race

    Tehran, Iran-- Expressing deep concern over Israel's possession of nuclear weapons, Turkish Foreign Minister Hakan Fidan has warned of a spurt in the nuclear arms race, leading to an unfavorable situation. "The ongoing possession of nuclear weapons by Israel, coupled with the failure to denuclearize the region, will escalate the...
  • UN chief stresses ‘even wars have rules’ as Israel bombs Gaza

    Describing the situation in Gaza as having reached a dangerous new low, UN Chief Antonio Guterres said that there was an immediate need for humanitarian access throughout Gaza to rush fuel, food and water to people in need. He warned that the blockaded enclave's health system was on the brink...
  • UN stresses strategic approach to address Palestinian economic situation

    The United Nations has stressed on a more strategic approach to address the economic and fiscal crisis faced by the Palestinian Authority and Government. A report issued by the office of the United Nations Special Coordinator for the Middle East Peace Process (UNSCO) for the upcoming meeting of the Ad...