INSEAD Day 4 - 728x90

Titanic

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
  • Washington, United States - Flawed engineering and inadequate testing contributed to the catastrophic implosion of a private submersible during a 2023 expedition to the Titanic wreckage, the US National Transportation Safety Board said Wednesday. Its report comes after a US Coast Guard investigation in August outlined a litany of issues...
  • Red Sea International Film Festival to showcase 14 short films

    Jeddah, Saudi Arabia - The Red Sea International Film Festival (RSIFF) unveiled Monday the lineup of international short films participating in the event. The films include "Titanic", "Primetime Mother", "The Late Wind", "The Wait", "Solatia", "Dusk", "Suitcase", "Terra Mater - Motherland", "Eid Mubarak" and "The In Between". The third edition...
  • Operator of Titanic sub that imploded suspends all expeditions

    The Titan sub was reported missing on June 18 and the US Coast Guard said on June 22 that the vessel had suffered a catastrophic implosion, ending a desperate rescue operation that had captivated the world. Experts last week recovered presumed human remains from the sub wreckage that was found...
  • OceanGate co-founder hits back at James Cameron over Titanic sub

    Soehnlein stressed it was too soon to say what happened to the Titan and that it was "tricky to navigate" to formulate global regulations for ultra-deep submersibles. But deep-sea exploration should continue despite the tragedy, he said. "Just like with space exploration, the best way to preserve the memories and...
  • All five on Titanic sub dead after ‘catastrophic’ implosion

    Rear Admiral John Mauger told reporters in Boston that analysis showed debris found on the seafloor, 1,600 feet (500 meters) from the bow of the Titanic, was consistent with the implosion of the sub's pressure chamber. "On behalf of the United States Coast Guard and the entire unified command, I...
  • French advanced ship to search for missing submersible

    The Atalante has begun using its multibeam echo sounder to create a map of the nearby seabed to "allow Victor 6000 to have a more efficient dive," an IFREMER spokesperson told AFP.
  • ‘Underwater noises’ detected in missing sub search: US Coast Guard

    "Canadian P-3 aircraft detected underwater noises in the search area. As a result, ROV (remotely operated vehicle) operations were relocated in an attempt to explore the origin of the noises," the US Coast Guard's First District said on its official Twitter page. The announcement is the most encouraging sign yet...
  • Rescue teams search for missing submersible near Titanic wreck

    One of those on board, according to his aviation company, is British businessman, 58-year-old Hamish Harding is the chairman of Dubai-based Action Aviation. He had posted Sunday on his Instagram account that he was "proud to finally announce" he had joined the OceanGate Expedition.