INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

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.

Biden holds joint investment talks with UAE, Israel and India

The US President Joe Biden was speaking in Jerusalem. (AFP)
  • The multilateral summit was convened in Jerusalem where Biden is on his first Middle East tour as president.
  • During the summit the UAE announced it would invest 2 million euros (dollars) in agricultural projects in India.

US President Joe Biden held joint investment talks Thursday with Israel, India and the United Arab Emirates, as Washington seeks to counter the global reach of China.

The multilateral summit was convened in Jerusalem where Biden is on his first Middle East tour as president, with leaders from India and the UAE joining remotely.

During the summit, the UAE announced it would invest 2 million euros (dollars) in agricultural projects in India, which will supply the land.

Also, private firms from Israel and the US will be invited to finance the scheme.

An Indian solar and wind energy project was also discussed in Jerusalem.

Biden joined the summit before speaking alongside Israeli Prime Minister Yair Lapid, during which the president said he wants to secure US interests in the Middle East.

“I want to make clear that we can continue to lead in the region and not create a vacuum that China fills, and or Russia, against the interest of both Israel and the United States, and many other countries,” Biden said.

The president departs for Saudi Arabia on Friday, following talks with Palestinian president Mahmud Abbas in the occupied West Bank.