INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

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.
  • The statements came a day after reported Saudi airstrikes on separatist positions in Yemen's Hadramawt province — and after Washington...

    Saudi Defense Minister Khalid bin Salman posted on X that troops from the separatist STC should “peacefully hand over” two regional governorates to the government.

    In recent weeks, the UAE-backed STC, which seeks to revive the formerly independent state of South Yemen, swept through swaths of the country.

  • Ukrainian President Volodymyr Zelensky is to meet US President Donald Trump in Florida on Sunday for talks on how to...

    The meeting to discuss new peace proposals comes amidst Trump's intensified efforts to broker an agreement to end the conflict

    The latest plan is a 20-point proposal that would freeze the front line but open the door for Ukraine to pull back troops from the east

  • Beijing, China -- China's sprawling high-speed rail network passed 50,000 kilometers (31,000 miles) in total operating distance with the opening...

    The country has the world's largest rail network -- one-fifth longer than the circumference of the earth.

    China's rail network has expanded by around 32 percent compared to 2020, state-owned China Railway added Friday in a statement.

  • A Yemeni military official said around 15,000 Saudi-backed fighters were amassed near the Saudi border -- but were not given...

    There were no immediate reports of casualties in the air strikes, which came amid a dramatic escalation in the decade-long conflict.

    The strikes came as a Yemeni government official in Riyadh told AFP that Saudi may be considering military action against the separatists if talks fail.

  • Fourteen countries, including France, Britain, and Germany, condemned on Wednesday Israel's recent approval of new Jewish settlements in the occupied...

    In their statement, the countries stressed such unilateral actions "violate international law" and risk undermining the ceasefire in Gaza

    They also reaffirmed their "unwavering commitment to a comprehensive, just and lasting peace based on the two-state solution."

  • The Kingdom said the military movements in the governorates of (Hadramawt and Al-Mahra), recently conducted by the Southern Transitional Council,...

    "These movements resulted in an unjustified escalation that harmed the interests of the Yemeni people with all of its segments," it added.

    The 11-year war in Yemen has pitted the Iran-backed rebels against the internationally-recognized government, backed by a Saudi-led coalition that includes the UAE.

  • Iran's Revolutionary Guards on Wednesday seized an oil tanker in the Gulf carrying more than a dozen foreign crew members,...

    Iranian forces regularly announce the interception of ships it says are illegally transporting fuel in the Gulf

    They regularly target tankers that Tehran accuses of being part of the illicit trade in the Strait of Hormuz

  • Prime Minister Benjamin Netanyahu said Wednesday that Israel would invest $110 billion over the next decade to develop its own...

    In a controversial speech, Netanyahu said Israel was becoming increasingly isolated and had to adopt a "super-Sparta" approach

    In 2026, Israel will allocate about 16 percent of its public budget to defence -- around $35 billion out of an overall budget of $208 billion

  • General Mohammed al-Haddad and his four aides died on Tuesday after a visit to Ankara, with Turkish officials saying an...

    "It will be hard to find a man of his calibre," Nasreddine al-Maghribi told AFP at a cafe in Libyan capital Tripoli.

    Until a successor is selected, Haddad's deputy, General Salaheddine al-Namroush, will stand in for him, according to the presidential council.

  • The Palestinian Authority condemned on Tuesday Israel's recent approval of 19 settlements in the occupied West Bank, accusing it of...

    On Sunday, Israel's far-right Finance Minister Bezalel Smotrich announced the authorities had greenlit the settlements

    The latest move brings the total number of settlements approved over the past three years to 69, Smotrich's office said