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.

Bomb-laden drones hit Erbil airport in northern Iraq

    • The attack took place at around 1930 GMT but caused no injuries or major damage

    • Since the start of the year, dozens of attacks have targeted US interests in the country

    Explosive-laden drones attacked the international airport in the northern Iraqi city of Erbil late on Tuesday, close to the American consulate, Kurdish authorities said.

    The attack took place at around 1930 GMT but caused no injuries or major damage, with firefighters putting out a blaze, the anti-terrorist unit of the autonomous Iraqi Kurdistan region said in a statement.

    The airport in Erbil, which houses a military base of the international coalition fighting the Islamic State jihadist group, was also targeted in April by a drone packed with explosives.

    Since the start of the year, dozens of attacks have targeted US interests in the country, where 2,500 American troops are deployed as part of the coalition. 

    On Monday, US forces shot down an armed drone above the country’s embassy in Baghdad.

    Hours earlier, three rockets had targeted an air base in the western Iraqi desert that also housed US troops.

    The United States recently offered up to $3 million for information on attacks targeting its interests in Iraq.