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.

We oppose expansion of settlements in West Bank: State Dept

A car drives past construction works in the Jewish settlement of Givat Zeev, near the Israeli-occupied West Bank city of Ramallah. (Photo by Ahmad GHARABLI / AFP)
  • The State Department’s deputy spokesperson, Jalina Porter, said that the US was aware of Israel’s decision to advance new West Bank settlements to May 12
  • Israeli officials told Biden administration officials that if no new building was approved in the settlements, the government could collapse

The US has said that it opposed Israel’s plans to build new settlements in occupied Palestinian territories after Israeli officials said they would approve 4,000 new housing units in the West Bank.

The State Department’s deputy spokesperson, Jalina Porter, said that the US was aware of Israel’s decision to advance new West Bank settlements to May 12.

“We strongly oppose the expansion of settlements which exacerbates tensions and undermines trust between the parties. Israel’s program of expanding settlements deeply damages the prospect for a two-state solution,” Porter said.

The US Ambassador to Israel, Thomas Nides, told media: “he and other Biden administration officials have made it clear to the Israeli government that the administration is opposed to new building in the settlements and asked it not to move ahead with it.”

Israeli officials told Biden administration officials that if no new building was approved in the settlements, the government could collapse due to the fragile state of the coalition.