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.

Former housing minister Iran’s new atomic energy chief

  • Eslami, a US-trained engineer, has no expertise in the field.
  • Salehi had played a crucial role in the nuclear deal diplomacy.

 

 

 

DUBAI: Iran has appointed a new head of country’s Atomic Energy Organization someone with no expertise in the field, local media reports said.

Mohammad Eslami, who previously served as housing and transport minister, replaced the nation’s most prominent nuclear scientist and US educated Ali Akbar Salehi.

Salehi, a former foreign minister and longtime head of the atomic agency, played a crucial role in diplomacy that led to the nuclear deal with world powers. The deal, now virtually defunct, bound Tehran to limits on its nuclear program in exchange for sanctions relief.

Eslami is a US-trained engineer and is believed to have ties to Iran’s military industry, having served as a deputy minister in the Defense Ministry’s research department. He also served as director of the Iran Aircraft Manufacturing Industrial Company and deputy chief of the Aerospace Industries Organization.