INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

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.

Israeli-Palestine war: US president calls Saudi Crown Prince

US President Joe Biden bumps fists with Saudi crown prince Mohammed bin Salman in Jeddah during former's visit to the kingdom in July last year. (SPA)
  • Prince Mohammed underlined the necessity of immediate work to explore means of halting the military operations
  • He highlighted rejection of the targeting of civilians in any form as well as the targeting of infrastructure and vital facilities

Riyadh, Saudi Arabia – Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud and US President Joe Biden discussed on Tuesday the military escalation in Gaza and efforts made to address it.

Receiving a telephone call from Biden, the Crown Prince underlined the necessity of immediate work to explore means of halting the military operations that claimed the lives of innocent people.

He highlighted rejection of the targeting of civilians in any form as well as the targeting of infrastructure and vital facilities that impact their daily lives and forced displacement.

The Crown Prince stressed the need for achieving calm, stopping escalation, and avoiding a situation that affects the security and stability of the region.

He underscored the necessity to comply with international humanitarian law, lift the siege on Gaza, maintain basic services, and allow the entry of humanitarian and medical aid.

The Crown Prince also called for working to restore the peace track to ensure that the Palestinian people obtain their legitimate rights and in order to achieve fair and comprehensive peace.

Biden expressed appreciation for the efforts made by the Crown Prince to de-escalate the situation and ensure it does not expand in the region.