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.

Iraq, Kuwait, US conduct joint patrol in Arabian Gulf

Maritime forces from Iraq, Kuwait and the United States conducted a joint patrol in the Arabian Gulf.
  • Ships from the Iraq Navy, Kuwait Naval Force, Kuwait Coast Guard, US Navy, and US Coast Guard participated in maneuvering exercises and maritime security drills
  • US ships included patrol coastal ship USS Sirocco (PC 6) and fast response cutter USCGC Charles Moulthrope (WPC 1141)

MANAMA, Bahrain – Maritime forces from Iraq, Kuwait and the United States conducted a joint patrol in the Arabian Gulf.

Ships from the Iraq Navy, Kuwait Naval Force, Kuwait Coast Guard, US Navy, and US Coast Guard participated in maneuvering exercises and maritime security drills.

US ships included patrol coastal ship USS Sirocco (PC 6) and fast response cutter USCGC Charles Moulthrope (WPC 1141). 

Sirocco and Charles Moulthrope are forward-deployed to Bahrain where US 5th Fleet is headquartered.

“Trilateral engagements like this demonstrate the shared commitment of partner nations to safeguarding the seas,” said Capt. Robert Francis, commander of Task Force 55 whose staff oversees operations for US 5th Fleet surface forces.

Cooperation among regional partners at sea helps ensure maritime security and stability in nearby waters, he added.

The US 5th Fleet operating area includes 21 countries, the Arabian Gulf, Gulf of Oman, Red Sea, parts of the Indian Ocean and three critical choke points at the Strait of Hormuz, Bab al-Mandeb and Suez Canal.