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ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

UAE, Korea discuss partnership in renewable energy, technology

Sheikh Mohamed bin Zayed Al Nahyan and Yoon Suk Yeol witness an MoU exchange ceremony. (WAM)
  • The two sides discussed various paths of cooperation and development in the investment, economic, scientific, cultural and advanced technology fields.
  • Both the countries also reviewed partnership in renewable energy and other vital areas of interest within their two countries' future plans.

Abu Dhabi, UAE – UAE President Sheikh Mohamed bin Zayed Al Nahyan and his Korean counterpart Yoon Suk Yeol have discussed ways to develop joint cooperation between the two countries in various fields.

Sheikh Mohamed said that President Yoon Suk Yeol’s visit would constitute a formidable addition to the strategic UAE-Korea relations.

The two sides discussed cooperation and development in the investment, economic, scientific, cultural and advanced technology fields.

Both the countries also reviewed partnership in renewable energy and other vital areas of interest within their two countries’ future plans.

They also exchanged views on a number of regional and international issues of mutual concern.