INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

120 kilos of cocaine wash up on Australian beaches over Christmas

Australian police have urged caution. (Pic New South Wales Police)
  • A first batch of 39 barnacle-encrusted, one-kilogram bricks of suspected cocaine was discovered on Friday near Magenta Beach, north of Sydney
  • Since then, another 85 packages of the same size had been spotted along about 80 kilometers (50 miles) of the New South Wales coastline, state police said

Sydney, Australia– Australian police said Wednesday they were scouring beaches after mysterious packages believed to contain more than 120 kilograms (260 pounds) of cocaine washed up over the Christmas period.

A first batch of 39 barnacle-encrusted, one-kilogram bricks of suspected cocaine was discovered on Friday near Magenta Beach, north of Sydney, police said.

Since then, another 85 packages of the same size had been spotted along about 80 kilometers (50 miles) of the New South Wales coastline, state police said.

Police urged people to report any suspicious packages, Detective Chief Superintendent Jason Weinstein said in a statement.

“Detectives and specialist police are currently combing beaches and coastlines for any outstanding packages and working behind the scenes to make sure we find and hold accountable those responsible,” said Weinstein, who is director of the state’s crime command.