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.

Mahmoud Abbas turns down call from Joe Biden: Israeli radio

Palestinian President Mahmoud Abbas declined to take a call from Joe Biden (AFP/File)
  • Representatives from the Biden administration tried to set up a phone conversation between the two leaders on October 18, but Abbas turned the request down.
  • state-run Kan Radio, however, clarified that the sides nevertheless remain in contact. Biden intended to hold phone conversations with Egyptian President Abdel Fattah El-and Abbas.

Tel Aviv, Israel — Palestinian President Mahmoud Abbas declined to take a telephone call from US President Joe Biden during the latter’s visit to Israel on October 18, Israel’s state-run Kan Radio said.

Citing a source in Ramallah, the administrative center of the Palestinian West Bank where Abbas has his office, the news outlet reported that representatives from the Biden administration tried to set up a phone conversation between the two leaders on October 18, but Abbas turned the request down, TASS reported.

The radio station clarified that the sides nevertheless remain in contact.

Immediately after his visit to Israel, Biden had been expected to travel to neighboring Jordan for a four-party summit in Amman with Abbas, Egyptian President Abdel Fattah El-Sisi and Jordanian King Abdullah II.

However, the meeting was canceled after an airstrike on the Al-Ahli Hospital in Gaza City. According to Jordanian Foreign Minister Ayman Safadi, the summit would not have been able to bring an end to the war in any event.

The White House stated that Biden intended to hold phone conversations with Sisi and Abbas.