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.
  • Melilla and Ceuta, Spain's tiny enclaves, have the EU's only land borders with Africa that attracts desperate migrants to escape...

    Around 500 migrants out of 2,500 managed to cross Morocco's border with a Spanish enclave this week, authorities have confirmed

    In May 2021, almost 10,000 migrants stormed Ceuta as Moroccan border forces did not stop them, highlighting Spanish reliance on Moroccan cooperation on migration

  • With fears growing of nuclear conflict, the US and Russian armed forces have set up a new direct phone line...

    Ukraine has accused the Kremlin of ‘nuclear terror’, and US envoy to the UN said the attack was ‘incredibly reckless and dangerous’

    Russia’s UN ambassador called accusations that Russian forces had shelled the plant part of ‘an unprecedented campaign of lies’

  • Europe and UK gas prices hit record highs Friday and crude oil rallied, as Ukraine's invasion by key producer Russia...

    Europe reference Dutch TTF gas price struck 213.895 euros per megawatt hour in afternoon deals and UK gas hit 508.80 pence per therm.

    Europe's London Brent North Sea crude leapt 4.7 percent to $115.63 per barrel, having surged to a 2012 peak close to $120 on Thursday.

  • Iran's foreign minister said Friday he was ready to travel to Vienna if a deal is reached to revive the...

    "I am ready to go to Vienna when the Western sides accept our remaining red lines," Hossein Amir-Abdollahian said in a phone call with EU foreign policy chief Josep Borrell

    The 2015 deal began unraveling when former US president Donald Trump withdrew from it in 2018 and re-imposed sanctions

  • Stephanie Williams, UN chief Antonio Guterres' Special Advisor on Libya, warned in a series of tweets that "the solution to...

    The country endured two rival governments from 2014 to early 2021, when Dbeibah's administration was approved by key factions after a ceasefire late the previous year.

    She also urged the country's politicians to "engage constructively together to move towards elections, for the sake of the 2.8 million Libyans who registered to vote" last year.

  • UAE authorities have collected AED3.848 billion ($1 billion) in penalties from anti-money laundering and terrorism financing offenders in 2021. The...

    UAE is currently amending the anti-money laundering law’s executive regulation.

    The Office for Anti-Money Laundering and Counter-Terrorist Financing was established in Feb 2021.

  • The projects that the SFD contributes to financing through loans and grants in Pakistan amount to around SAR5 billion ($1.33...

    The fund signed an agreement with Pakistan’s Undersecretary of the Ministry of Economic Affairs Mian Asad Hayauddin in this regard

    The signing took place in the presence of Saudi Ambassador to Pakistan Nawaf bin Saeed Al-Maliki and senior officials from both sides

  • Eight hundred Iraqi refugees returned home from northeast Syria on Thursday and hundreds more are to follow, a Syrian official...

    The Syrian Observatory for Human Rights said the first group left on buses via the Al-Yarubiyah border crossing.

    Relatives of IS militants, including children, are held in Kurdish-controlled camps in Syria's northeast, the largest of which is Al-Hol with around 56,000 displaced people.

  • Jordan Ministry's Secretary-General Dana Zoubi stressed the deep-rooted relations between Jordan and Germany.

    Jordan Ministry's Secretary-General Dana Zoubi stressed the deep-rooted relations between Jordan and Germany

    The program is an opportunity to exchange expertise to promote exports to German counterparts, she added

  • Saudi Arabia’s Crown Prince Mohammed bin Salman has created quite a few ripples with his views on all things important...

    The crown prince said he was leaning towards taking Saudi Arabia towards the ‘real teachings’ of Islam

    He also said the country was working towards codifying Islamic law as had been handed down directly by the Prophet