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.

Saudi Crown Prince meets minister of defense, commanders

Crown Prince Mohammed bin Salman bin Abdulaziz at a meeting with defense minister Prince Khalid bin Salman bin Abdulaziz and commanders.
  • Prince Mohammed bin Salman bin Abdulaziz expressed his appreciation for the progress achieved in the implementation of the ministry's development program
  • Defence minister Prince Khalid bin Salman bin Abdulaziz affirmed the ministry will continue to implement the development programs drawn up by the Crown Prince

Jeddah, Saudi Arabia –– Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Prime Minister of Saudi Arabia met the Minister of Defense Prince Khalid bin Salman bin Abdulaziz in Jeddah here on Wednesday 

Crown Prince expressed his appreciation for progress achieved in the implementation of the ministry’s development program, and the increase in the internal self-sufficiency of the military industries from 2 percent to 15 percent, hoping that it will reach 50 percent under the command and supervision of the Minister of Defense and the Ministry personnel.

Prince Khalid bin Salman bin Abdulaziz affirmed the ministry will continue to implement the development programs drawn up by the Crown Prince under the directives and continuous support of the Crown Prince.

The event was attended by the commanders of the ministry of defense and the commanders of the branches of the armed forces.