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.

EU seeks closer ties with gas-rich Qatar, opens office in Doha

EU council president Charles Michel talks with Qatari leaders were also to focus on Russia's invasion of Ukraine. (AFP)
  • Qatar is one of the world's top suppliers of liquefied natural gas and growing requests have been made by Germany and other European nations.
  • The EU wants closer ties on "the energy sector, economic development, security challenges", EU council president Charles Michel said.

The European Union opened an office in Qatar on Wednesday in a sign of the Gulf state’s growing influence in solving the international energy crisis.

EU council president Charles Michel was to meet the emir of Qatar, Sheikh Tamim bin Hamad al-Thani, and other top officials in Doha later in the day.

Michel arrived from Algeria where he also discussed supplies of natural gas. Qatar is one of the world’s top suppliers of liquefied natural gas and growing requests have been made by Germany and other European nations.

Michel said his visit was “an important signal of our political will to strengthen ties with Qatar”, as he opened the EU mission.

The EU wants closer ties on “the energy sector, economic development, security challenges”, he told reporters.

Michel’s talks with Qatari leaders were also to focus on Russia’s invasion of Ukraine, which led to the gas shortages now hitting Europe.