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.

Turkey’s Erdogan skips Glasgow climate conference

Ankara already has a military base in Somalia, and Morocco and Tunisia. AFP
  • The Anadolu state news agency did not explain why Erdogan decided not to attend
  • Turkey's parliament this year finally ratified the Paris climate agreement

President Recep Tayyip Erdogan on Monday returned to Turkey from the G20 summit in Rome, cancelling his planned attendance at the COP26 conference in Glasgow, according to state media reports.

The Anadolu state news agency and other media did not explain why Erdogan decided not to attend.

Turkey’s parliament this year finally ratified the Paris climate agreement, and Erdogan has been stressing his concern for environmental issues ahead of a general election due within the next two years.

Erdogan’s decision follows a crunch meeting in Rome on Sunday with US President Joe Biden, which the Turkish leader had expected to take place on the sidelines of the COP26 event.

The two leaders agreed to try to move past a range of disputes, including Turkey’s purchase of a Russian air defence system and concerns about the state of human rights under Erdogan.