INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

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.

China’s Xi calls on BRICS countries to ‘resist all forms of protectionism’

Chinese President Xi Jinping. AFP
  • "We must uphold the multilateral trading system with the World Trade Organization at its core and resist all forms of protectionism," he said.
  • Brazilian President Luiz Inacio Lula da Silva had convened a virtual meeting to discuss "the defense of multilateralism".

Beijing, China — Chinese President Xi Jinping called on the 11-nation BRICS bloc to “resist all forms of protectionism” at a virtual leaders’ summit on Monday.

“We must uphold the multilateral trading system with the World Trade Organization at its core and resist all forms of protectionism,” he said in his speech to the group, which includes Brazil, Russia, India, China, South Africa, Saudi Arabia and Indonesia.

“No matter how the international situation changes, we must remain steadfast in promoting the building of an open global economy, sharing opportunities and achieving win-win results through openness,” Xi added.

Brazilian President Luiz Inacio Lula da Silva convened the virtual meeting to discuss “the defense of multilateralism”.