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.

Constructive Saudi pledges made for Lebanon assistance: Iran FM

Iran has warned that a ground invasion of Gaza would be met with a response from other fronts. (AFP)
  • Iran wants nothing but good, stability, peace, and development for Lebanon, Hossein Amirabdollahian told reporters in Beirut.
  • "We expect all regional and international countries to contribute to improving Lebanon's economic situation," he said.

Tehran, Iran — Iranian Foreign Minister Hossein Amirabdollahian said Thursday that discussions with Saudi authorities have resulted in constructive statements regarding assistance for Lebanon’s situation.

“In the discussions we had with Saudi authorities, we heard constructive statements from them regarding assistance to the situation in Lebanon,” Amirabdollahian stated, adding that the Islamic Republic of Iran invites all countries to provide economic assistance and cooperation to Lebanon, as it will continue its support for Lebanon.

Upon his arrival in Beirut on Thursday, as part of his regional tour, Amirabdollahian told reporters, “I am very pleased to be here in Beirut today with a high-ranking delegation. Iran wants nothing but good, stability, peace, and development for Lebanon.”

During his visit, he extended an invitation to all Lebanese parties to swiftly engage in dialogue and understanding to choose a president, emphasizing that it should be the wise people and leaders of Lebanon making this decision.

“We expect all regional and international countries to contribute to improving Lebanon’s economic situation through comprehensive economic and trade cooperation,” he added.

Amirabdollahian stressed his belief that Lebanon’s leaders and people possess the necessary insight to make a political decision regarding the election of a president, and he expressed continuous support for Lebanon’s government, people, army, and resistance.