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.

Arab League rues decline in Lebanese-Gulf ties

The Arab League is confident Lebanese President Michel Aoun and Prime Minister Najib Mikati would act quickly to ease the crisis.
  • The Arab League Secretary-General Ahmed Aboul Gheit has appealed to Gulf countries "to reflect on the measures proposed to be taken
  • The statement came a day after Saudi Arabia ordered the Lebanese ambassador to the kingdom to leave within 48 hours

The Arab League has expressed strong disappointment at a decline in relations between Lebanon and Gulf states, after an adverse comment by a Lebanese minister about the Saudi-led military intervention in Yemen.

The Arab League Secretary-General Ahmed Aboul Gheit has appealed to Gulf countries “to reflect on the measures proposed to be taken…in order to avoid further negative effects on the collapsing Lebanese economy”.

“…Aboul Gheit expressed his deep concern and regret over the rapid deterioration in Lebanese-Gulf relations…,” the statement said. It added he was confident Lebanese President Michel Aoun and Prime Minister Najib Mikati would act quickly to ease the crisis.

The statement came a day after Saudi Arabia ordered the Lebanese ambassador to the kingdom to leave within 48 hours and banned all Lebanese imports in response to remarks by the Lebanese minister.