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.
  • Russian President Vladimir Putin has invited Iran’s President Ebrahim Raisi in Moscow for discussion over expanding strategic cooperation.

    A treaty on mutual relations and principles of cooperation between Iran and Russia turned 20 on March 12, 2021

    The diplomatic apparatus of Russia and Iran described the treaty as a turning point in both countries’ relationship

  • Last week, a top UNRWA official said long-running budget shortfalls had forced the agency to introduce austerity measures.

    The UN agency is suffering an unprecedented financial shortfall

    It has already called on donors for long-term funding to continue working

  • Flights into the rebel-held capital Sanaa have been largely halted by a blockade since August 2016, but there have been...

    Yemen has been wracked by civil war since 2014, with the government supported by the Saudi-led coalition

    On the other side are the Iran-backed Houthi rebels, who control much of the north, and reopened the airport on December 27

  • It was unclear who fired the projectiles as Hamas, the Palestinian Islamist group that controls Gaza, did not claim responsiblity.

    It was unclear who fired the projectiles as Hamas, the Palestinian Islamist group that controls Gaza, did not claim responsiblity

    No sirens were sounded and Israel's Iron Dome rocket interception system did not deploy, the army added.

  • Hope remains for a better new year amidst scaled-back celebrations due to new restrictions aimed at slowing soaring Covid cases.

    Sheikh Zayed Festival in Al Wathba has set three Guinness World Records with a dazzling fireworks display that lasted for 40 minutes to welcome 2022

    From Seoul to San Francisco, celebrations were again cancelled or curtailed in the face of the surge in infections

  • Earlier this month Turkey and Armenia named special representatives to work on the normalisation of ties.Turkey will be represented by...

    Arch-enemies Armenia and Turkey have recently made tentative moves to improve relations

    Arch-enemies Armenia and Turkey have recently made tentative moves to improve relations

  • Saudi Arabia on Thursday reimposed social distancing measures at the Grand Mosque in Makkah, after recording the highest number of...

    Workers have returned floor markings removed on October 17 to guide people to social distance in and around the Grand Mosque.

    The kingdom has recorded 8,874 Covid deaths, the highest number of fatalities among the Gulf Arab countries.

  • Finance Minister Nureddin Nebati urged citizens to sue economists who comment on social media about the lira's slide. His remarks...

    Lira entered a tailspin that saw it lose nearly half its value from the start of November to the moment President Erdogan announced new currency support measures last week.

    Nebati accused the commentators of using "psychological warfare" by urging Turks to buy gold and dollars in order to preserve their savings against further lira declines.

  • Iranian expats are free to travel to and from the country and the government's plans and decisions should ensure that...

    President Raisi said "ill-wishers of the Iranian nation" were intimidating Iranian expatriates so that they will not come back to their country.

    Iranian laws recognizes even the second and third generation Iranians abroad as Iranian citizens.

  • King Salman said, ‘We hope (Iran) changes its policy and negative behavior in the region, and it heads towards dialogue...

    Saudi Arabia and Iran have had bitter ties for decades, taking opposing sides in a range of regional conflicts

    This includes Yemen, where Saudi Arabia leads a military coalition against Iran-backed Huthi rebels