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.

Arab Parliament reelects Al-Asoumi as speaker for two years

Adel Abdulrahman Al-Asoumi was re-elected as speaker of the Arab Parliament in Cairo.
  • Al-Asoumi collected 51 votes at a special session attended by 66 members and designed to choose the speaker of the parliament and four deputies
  • It also announced the election of a member of the Saudi Shoura Council, Hazza Bin Bakr Al-Qahtani, as First Deputy Speaker for a period of two years

Cairo, Egypt—The Arab Parliament has re-elected Adel Abdulrahman Al-Asoumi as its speaker for a new two-year term of office.

Al-Asoumi collected 51 votes at a special session attended by 66 members and designed to choose the speaker of the parliament and four deputies.

The parliament is scheduled to hold its first meeting following the elections on Oct. 4, 2022.

It also announced the election of a member of the Saudi Shoura Council, Hazza Bin Bakr Al-Qahtani, as First Deputy Speaker for a period of two years.

This came in the procedural session devoted to electing a speaker of the Arab Parliament, its four deputies, and heads of committees, Saturday at the headquarters of the General Secretariat of the Arab League.

During the session, Jordanian MP Khalil Attia was elected as second deputy speaker of the parliament, Iraqi MP Shaalan Abdul-Jabbar Al-Karim as third deputy speaker, and Egyptian MP Alaa Abed as fourth deputy speaker.