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 United States could run Venezuela and tap into its oil reserves for years, President Donald Trump said in an...

    Venezuela's state oil firm PDVSA said it was discussing oil sales with the United States for the "sale of volumes of oil"

    Trump and his advisors are considering a plan for the US to exert control over PDVSA, the Wall Street Journal reported

  • Aidaros Alzubidi was accused of high treason and removed from Yemen's Presidential Leadership Council on Wednesday, while the coalition bombed...

    Last month's STC offensive brought fresh turbulence to fractured Yemen and exposed deep rifts between Gulf allies Saudi Arabia and the UAE.

    The oil-rich neighbors formed the backbone of the coalition fighting Iran-backed Houthi rebels in Yemen, who overran the capital Sanaa in 2014 and still control much of the country

  • A Saudi-led coalition struck the home province of Yemen's UAE-backed separatist leader on Wednesday, after he failed to show up...

    The separatists said they were open to discussions but warned they had lost contact with their delegation in Riyadh

    On Wednesday, more than 15 air strikes hit Dhale, a local official told AFP, killing four people, according to two hospital sources

  • US Energy Secretary Chris Wright said Wednesday that Washington will control sales of Venezuelan oil "indefinitely," a day after President...

    Trump said Tuesday that 30–50 million barrels of Venezuelan crude will be shipped to US ports, with the revenue under his control

    On Saturday, US special forces snatched Maduro and his wife from Caracas and whisked them to New York to face trial on drug charges

  • The leader of Yemen's separatists is heading to Riyadh on Tuesday for talks, a Yemeni official told AFP, after days...

    Saudi Arabia had called for talks between the Yemeni factions in Riyadh at the request of Yemen's government

    The Saudi-organised talks indicate the beginning of de-escalation efforts after clashes in Yemen's government-run areas

  • Venezuela's parliament swore in Delcy Rodriguez as interim president on Monday, two days after US forces seized her predecessor Nicolas...

    Rodriguez, who has indicated she will cooperate with Washington, took the oath of office during a ceremony in the National Assembly

    Parliament denounced the capture of leftist leader Maduro while vowing support for his stand-in Rodriguez after the US military attack

  • Oil prices have experienced choppy trading since the surprise US raid Saturday on Caracas that saw Venezuelan president Nicolas Maduro...

    Brushing off geopolitical concerns, some major stock markets have begun the new year with new all-time highs, having smashed records in 2025.

    Seoul rose more than one percent Tuesday to top 4,500 points for the first time, helped by another strong rally in chip giant SK hynix.

  • "States must not threaten or use force against the territorial integrity or political independence of any state," Ravina Shamdasani, spokeswoman...

    Shamdasani said the UN rights office had spent years reporting on the "continued deterioration" in Venezuela.

    But she dismissed US justifications for its actions, saying accountability for rights violations "can't be achieved by military intervention in violation of international law".

  • Venezuela's interim president Delcy Rodriguez on Sunday created a commission to seek the release of president Nicolas Maduro and his...

    Rodriguez tapped her brother Jorge, president of the National Assembly, and Foreign Minister Yvan Gil to co-chair the commission

    Accused of drug trafficking and terrorism, Maduro was detained in a New York jail Saturday and is due in court Monday

  • Prime Minister Benjamin Netanyahu said Monday that Israel would not allow arch-foe Iran to restore its ballistic missile programme, just...

    "We will not allow Iran to restore its ballistic missile industry, and certainly we will not allow it renew the nuclear programme that we significantly damaged," Netanyahu said

    Netanyahu's threat comes days after Trump threatened to "eradicate" Iran's nuclear and ballistic missile programme, after the two leaders met in Washington last week