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.

Arab League to meet over Ukraine war to discuss Russian invasion

FOR REPRESENTATION PURPOSE ONLY (File/AFP)
  • A number of Arab countries are heavily dependent on wheat supplies from both Ukraine and Russia
  • The UAE, a non-permanent member of the UN Security Council, abstained Friday in a vote on a resolution, vetoed by Moscow

The Arab League will meet Monday to discuss Russia’s invasion of Ukraine.

Hossam Zaki, the Cairo-based organization’s deputy head, told AFP the session will be held at the level of foreign ministers.

The United Arab Emirates, a non-permanent member of the UN Security Council, abstained Friday in a vote on a resolution, vetoed by Moscow, demanding Russia withdraw its troops from Ukraine. 

Syria, Algeria and Sudan, for their part, are linked to Russia by military accords.

A number of Arab countries are heavily dependent on wheat supplies from both Ukraine and Russia, and any shortages of the staple grain have potential to stir unrest.

If those supplies are disrupted, raising bread prices, “the Ukraine crisis could trigger renewed protests and instability” in the region, according to the Washington-based Middle East Institute.

On the humanitarian front, thousands of Arab students became stranded in Ukraine — many of them having already fled violence back home — and have been appealing for help in escaping the crisis.