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.

UAE aid ship in Mogadishu to deliver drought relief

Ali Abdullahi Mohamed, a severely malnourished 27-month-old boy, is examined by a nurse for treatment in Banadir Maternity and Children Hospital in Mogadishu, Somalia. AFP
  • The initiative comes as part of the directives of the UAE President to provide humanitarian support to the Somali people
  • Authorities distributed relief aid to families and those displaced in their areas and camps

 A UAE  aid ship carrying more than 1,000 tonnes of various food and relief supplies  arrived on Friday at Mogadishu port in Somalia to meet the needs of  2.5 million people affected by drought.

This initiative comes as part of the directives of the President  Sheikh Mohamed bin Zayed Al Nahyan to provide all forms of humanitarian support to the Somali people facing drought.

The shipment was dispatched in cooperation with the Emirates Red Crescent (ERC), the Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, and the Khalifa bin Zayed Al Nahyan Foundation.

Authorities  distributed relief aid to families and those displaced in their areas and camps.

The UAE is making significant effort to deliver relief to Somali regions affected by the drought caused by a lack of rain for three consecutive seasons.

Somalia is one of the Horn of Africa’s most drought-affected countries, which causes severe suffering to thousands of people.