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.

Lebanese authorities foil Saudi national’s Captagon smuggling bid

the number of people who suffer from drug use disorders has skyrocketed to 39.5 million, a 45 percent increase over 10 years. (AFP)
  • Lebanon's interior ministry said in a statement that 18.3 kilograms of the illegal stimulant were destined for Kuwait.
  • Trade in captagon in the Middle East grew exponentially in 2021 to top $5 billion, posing an increasing health and security risk to the region.

Lebanese authorities on Sunday arrested a Saudi man at Beirut airport who attempted to smuggle 18.3 kilograms of the illegal stimulant Captagon out of the country, the interior ministry said.

Lebanon’s interior ministry said in a statement that the drugs were destined for Kuwait.

The ministry added that the man is a Saudi citizen and a Kuwait resident who holds documents saying he works in “security” there.

Under its normal practice, it did not name the suspect.

Trade in captagon in the Middle East grew exponentially in 2021 to top $5 billion, posing an increasing health and security risk to the region, a report by the New Lines Institute said in April.

Syria is the main producer of the amphetaimine-type drug, and Saudi Arabia the main consumer.

A security official at the airport told AFP the man had placed an estimated 110,000 Captagon pills inside bags that were “stitched in clothing.”

Security forces have intensified efforts to thwart smuggling operations after Riyadh suspended fruit and vegetable imports from Lebanon in April last year. It said shipments were used for drug smuggling and accused Beirut of inaction.

Lebanese authorities have arrested several Captagon smugglers over the years, most notably a Saudi prince in 2015 who, along with four Saudi accomplices, tried to smuggle about two tons of pills on a private plane headed to the kingdom from Beirut.