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.

Erdogan holds closed-door meeting with Libyan PM

  • The leaders later attended a meeting between the countries' delegations
  • Turkey and the North African country have seen closer ties in recent years, especially after the signing of security and maritime boundary pacts in November 2019

Turkey’s president Recep Tayyip Erdogan and Libya’s prime minister Abdul Hamid Dbeibeh had a one-on-one closed-door meeting at the Vahdettin Mansion in Istanbul that lasted for an hour-and-a-half.

The leaders later attended a meeting between the countries’ delegations.

Participating the closed-door meeting were Turkey’s Treasury and Finance Minister Lutfi Elvan, Trade Minister Mehmet Mus, Turkish Central Bank Governor Sahap Kavcioglu, and Principal Consultant to President Sefer Turan.

Turkey and the North African country have seen closer ties in recent years, especially after the signing of security and maritime boundary pacts in November 2019, along with Turkey’s aid to help the legitimate Libyan government push back a putschist revolt.