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

US condemns missile attack on the UAE

A resident in Sana’a, the Yemeni capital, amid debris after an air strike by Saudi-led coalition forces, launched following an attack on Abu Dhabi by Yemen’s Houthi rebels.
  • The Ministry of Defense said in a statement that "there were no casualties resulting from the attack, and the fragments of the ballistic missile fell outside of populated areas"
  • "We condemn the latest Houthi missile attack on Abu Dhabi," tweeted Edward Price, the Spokesperson for the US Department of State

The United States has condemned the Houthi missile attack on the UAE. In a tweet, Edward Price, the Spokesperson for the United States Department of State, said, “We condemn the latest Houthi missile attack on Abu Dhabi. While Israel’s president is visiting the UAE to build bridges and promote stability across the region, the Houthis continue to launch attacks that threaten civilians.”

On Monday morning, the UAE air defense forces had intercepted and destroyed a ballistic missile launched by Houthis at the UAE.

The Ministry of Defense confirmed in a statement that “there were no casualties resulting from the attack, and the fragments of the ballistic missile fell outside of populated areas.”