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.

Saudi forces shoot down Houthi armed drone

    • OIC condemns the militia’s unending attacks as terrorism

    • Iran accused of providing rockets and missiles to Houthis

    Saudi air defenses shot down a Houthi drone close to the kingdom’s border in the southern city of Khamis Mushait, according to the Arab Coalition command.

    In a statement released on Saturday, the command said the booby-trapped unmanned aerial vehicle (UAV) was shot down over Yemeni air space just south of the Saudi border.

    The attack, according to the statement, was just the latest of the Iran-backed militia’s war crimes. On Friday, the Organization of Islamic Cooperation (OIC) condemned once again the militia’s unending attacks against the civilian populations and civilian facilities as a case of terrorism.

    OIC Secretary-General Yousef bin Ahmed Al-Othaimeen said blood is on the hands also of those who stand behind the Houthis and provide them with money and weapons.

    Iran has been accused by the Arab Coalition and Western nations of providing rockets and missiles that the Houthis are using against civilians in Yemen and Saudi Arabia.