UAE telecom operator du’s Q2 2024 net profit up 46% to $158mln

UAE telecoms operator Emirates Integrated Telecommunications Company (du) saw its second quarter earnings jump by nearly half on strong EBITDA growth. Net profit for the quarter reached 581 million dirhams ($158 million), a 46.3% increase year over year, the company reported on Monday.

UAE economic delegation to visit India this week to boost ties

A new version of Investopia Global Talks will be held in the South Indian city of Chennai, Tamil Nadu, during the UAE delegation’s visit in order to create diverse economic and investment opportunities that support the two countries’ vision of expanding sectors and areas of mutual interest.

Iran’s Revolutionary Guards intercepted an UAE-managed tanker, Ambrey says

Iran’s Islamic Revolutionary Guard Corps (IRGC) have intercepted a Togo-flagged, UAE-managed products tanker carrying 1,500 tons of marine gas oil, British security firm Ambrey said on Monday. The vessel had loaded marine gas oil off the coast of Iraq and was destined for UAE’s Sharjah when it was intercepted on Sunday 61 nautical miles southwest of Iran’s port of Bushehr,