INSEAD Day 4 - 728x90

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.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Arab nations to hold economic development summit every four years

Member states affirmed in the summit's final declaration the centrality of the Palestinian cause.
  • Dubbed the 'Arab Development Summit', it may be hosted by the Cairo-based Arab League
  • An extraordinary session, attended by leaders and heads of state, may be held "when necessary, a statement read
Algiers, Algeria — Arab leaders meeting at a summit in Algiers have agreed to hold an economic and social development summit every four years in conjunction with the regular Arab Summit, reported Kuwait News Agency (KUNA).
An extraordinary session, attended by leaders and heads of state, may be held “when necessary or if there are developments that require it,” read an
Arab League statement after the Algiers-hosted Arab Summit.
Dubbed the ‘Arab Development Summit’, it may be hosted by the Cairo-based Arab League or by the nation host of the Arab Summit of leaders.
Arab leaders met in the Algerian capital on November 1 for their first summit since a string of normalisation deals with Israel that have divided the region.
Since the last Arab League summit in 2019, several members of the 22-member bloc — for decades a forum for strident declarations of support for the Palestinian cause — have normalised ties with the Jewish state.
The United Arab Emirates went first in a historic US-mediated deal that made the country the third Arab state, after Egypt and Jordan, to establish full ties with Israel.