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.
  • To prevent a damaging oil spill in the Red Sea, the UN Development Programme in March took the unprecedented step...

    Hayel Saeed Anam Group, which in August contributed $1.2 million to UN clean-up campaign, made the appeal hours before a virtual donor conference hosted by Britain and Netherlands

    The Safer's 1.1 million barrels contain four times as much oil as that spilled in the 1989 Exxon Valdez disaster off Alaska, one of the world's worst ecological catastrophes

  • The United Nations called for security guarantees at "the highest level" to ensure aid deliveries in Sudan, after trucks carrying...

    UN's top humanitarian official said the global body had a plan for delivering aid and supplies to address the dire situation in Sudan.

    UN's top humanitarian official said, "We will need to have agreement at the highest level and very publicly".

  • AMMAN, JORDAN  - Jordan's Minister of Foreign Affairs and Expatriates Ayman Safadi on Wednesday briefed his Russian counterpart Sergey Lavrov...

    In addition to Jordan, the meeting in Amman also brought together the foreign ministers of Saudi Arabia, Iraq, Egypt and Syria.

    Jordanian foreign minister said the political solution must preserve Syria's unity, cohesion, sovereignty and meet the aspirations of the people.

  • PARIS, FRANCE -  Some 258 million people needed emergency food aid last year because of conflict, economic shocks and climate disasters,...

    In 2022, 258 million people faced high levels of acute food insecurity in 58 countries or territories, a UN report said.

    Over 40 percent of those lived in Democratic Republic of the Congo, Ethiopia, Afghanistan, Nigeria and Yemen, the report added.

  • Iranian forces seized a Panama-flagged oil tanker in the Strait of Hormuz, the US Navy said, the second such incident...

    A dozen Iranian Navy fast-attack craft swarmed the vessel in the middle of the strait, said a statement from the Bahrain-based US Fifth Fleet.

    The troubled but commercially vital Gulf waters, which carry at least a third of the world's seaborne oil, have witnessed a spate of incidents since 2018.

  • The junta said in a statement that pardons were granted to 2,153 prisoners to mark the birth anniversary of the...

    The announcement of the prisoner release coincided with the visit of Chinese Foreign Minister Qin Gang to Myanmar for talks with generals

    According to a local monitoring group, some 21,000 people have been arrested since the ouster of Aung San Suu Kyi's government by the military

  • Preparations for Raisi's visit have been underway for days in the Damascus district housing Iran's embassy, with concrete barriers in...

    The visit comes just weeks after Iran's landmark agreement to restore ties with regional rival Saudi Arabia and amid a flurry of diplomacy in the Middle East

    Raisi and Assad would discuss "bilateral ties, shared economic and political issues, and positive developments in the region", Syria's state news agency said

  • Diplomatic efforts have intensified to end more than two weeks of war in Africa's third-largest country as warnings multiply about...

    The week-long truce came in a phone conversation South Sudan's President Salva Kiir had with the warring parties as part of IGAD's initiative for a pause in fighting

    The repeated violations of truces sparked criticism earlier Tuesday at a meeting in Addis Ababa, Ethiopia, of the Extended Mechanism on the Sudan Crisis

  • Israeli strikes on north Syria's Aleppo province killed four Syrian officers and three Iran-backed fighters, putting the area's international airport...

    Strikes "completely destroyed" a munitions depot in the Nayrab airfield area, killing four Syrian army officers, says a war monitor

    Israeli missiles also slammed into Syrian air force factories in Safireh, Aleppo province, "causing extensive material damage", it adds

  • Israeli strikes targeted north Syria's Aleppo province, killing a soldier, wounding seven people and putting the area's international airport out...

    Strikes "completely destroyed" a munitions depot in the Nayrab airfield area, killing a Syrian army officer, said a Britain-based war monitor.

    Israeli missiles also fell on Syrian air force factories in the Safireh area of Aleppo province, the war monitor said, "causing extensive material damage".