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.

  • Hundreds of supporters of pro-Iran groups clashed with security forces in Iraq's capital on Friday, expressing their fury over last...

    The political arm of the pro-Iran Hashed al-Shaabi paramilitary network saw its share of parliamentary seats decline substantially in the election

    Demonstrators from groups loyal to the Hashed threw projectiles and "blocked... access to the Green Zone" on three sides

  • Basra province gets only 1 trillion dinars out of the total Iraqi budget of 130 trillion Iraqi dinars ($89 billion),...

    Basra province produces about 70 percent of crude oil in Iraq, itself the second biggest exporter in the Middle East after Saudi Arabia.

    Unemployment in Basra affects 20 to 25 percent of the people and almost 30 percent of youth.

  • The surveillance system will monitor activity such as smuggling and illegal migration, as well as provide military intelligence

    The surveillance system will monitor activity such as smuggling and illegal migration, as well as provide military intelligence

    Cyprus said it was in a "state of emergency" because of an inflow of Syrian migrants overwhelming reception centres

  • The government is breaking at the seams over a series of disputes involving a probe into last year's monster port...

    Saudi Arabia, Bahrain and Kuwait recalled their envoys from Beirut and suspended all imports from Lebanon.

    Blocking imports from Lebanon is a blow to a country in financial ruin and where a weak government is struggling to secure international aid.

  • Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and King Willem-Alexander of the Netherlands have discussed friendship...

    The parties tackled several regional and international issues of mutual interest and exchanged views in this regard.

    Two days ago, 50 Dutch companies arrived in the UAE on a trade mission.

  • Major coal, oil and gas funders China, Japan and South Korea were absent from the pledge. The IEA says that...

    Unabated fossil fuel projects are those that do not deploy technology to absorb the carbon pollution they produce.

    G20 nations last month agreed to end financial support for new unabated coal plants abroad.

  • The powerful producers led by Saudi Arabia and Russia in the so-called OPEC+ grouping are expected to re-affirm a decision...

    There is pressure from the US and other big consumers to open up the taps much more decisively.

    OPEC+ members seem to prefer to stick to their plan of easing cuts by 400,000 barrels per day per month.

  • Emirates is to start daily flights between Dubai and Tel Aviv on December 6, the airline announced, in the latest...

    Abu Dhabi-based airline Etihad and Israeli carrier Arkia now also offer regular flights.

    Emirates said the new service would also link Israel seamlessly with its global route network.

  • Saudi Arabia and the UAE have joined the United States and Britain Wednesday in urging the leaders of last week's...

    The United States has led condemnation of the military's October 25 takeover in Sudan

    The coup interrupted a transition to democracy in which power was being shared with a civilian government

  • The dispute pertains to an incident from last week involving a Vietnamese-flagged oil tanker in the Sea of Oman.

    Iran said it had thwarted an attempt last week by the US Navy to seize the vessel carrying its oil

    US defense officials rejected that account, and said Iranians themselves had seized the tanker and took it to Iranian waters