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.

British PM Boris Johnson to travel to UAE after president’s death

The UAE president Sheikh Mohamed bin Zayed Al Nahyan.
  • In a statement on Friday, Johnson expressed his sadness at the Sheikh's death, calling him "a wise and respected leader who will be missed enormously"
  • The UAE's long-time de facto ruler Sheikh Mohamed was elected as president of the oil-rich Gulf state on Saturday

British Prime Minister Boris Johnson will fly to the United Arab Emirates on Sunday to pay his condolences following the death of President Sheikh Khalifa bin Zayed Al-Nahyan, Downing Street said.

Johnson’s visit will also “reinforce the close bond between the United Kingdom and United Arab Emirates,” the statement said.

Those bonds “will continue under the Presidency of His Highness Sheikh Mohammed bin Zayed Al Nahyan,” it added.

The UAE’s long-time de facto ruler Sheikh Mohamed was elected as president of the oil-rich Gulf state on Saturday, official media in Abu Dhabi said, a day after the death of former leader Sheikh Khalifa at the age of 73.

In a statement on Friday, Johnson expressed his sadness at the Sheikh’s death, calling him “a wise and respected leader who will be missed enormously”.

The British leader visited the Emirates in March during a tour of the Gulf region which included talks in Saudi Arabia, lobbying for higher oil production after Russia’s invasion of Ukraine sent markets into turmoil.

The previous month Prince William, grandson of Queen Elizabeth II, to attend the celebrations for the 50th anniversary of the foundation of the former British protectorate.

The two governments announced in September that the UAE will invest billions into the UK.

The five-year investment worth £10 billion ($13.8 billion, 11.7 billion euros) will focus on technology, infrastructure and climate-focused energy transition.