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.
  • The process of supplying Lebanon with electricity is expected to begin in early 2022.

    The amount of electricity to be supplied Lebanon will be nearly 150 MW from midnight until 6 am

    Jordan will also supply 250 MW to Lebanon during the remaining periods

  • Women were able to watch a game at the 80,000-seat Azadi stadium in October 2019, when Iran thrashed Cambodia 14-0.

    Women were refused access to stadia after Iran's 1979 Islamic revolution, but exceptions have been made in recent times for international games.

    World football's governing body FIFA has exerted pressure to allow women into international qualifiers.

  • Saudi capital Riyadh has been ranked as the third smartest capital among the G20 member states and the 30th smartest...

    Riyadh made qualitative progress on the IMD Smart Cities Index for 2021, as it jumped 23 ranks from last year.

    The Holy city of Madinah has been also included on the index as the second Saudi city after Riyadh, ranking 73rd in the world and fourth in the Arab world.

  • Frances Haugen, the former Facebook engineer who leaked a trove of internal documents to international media, is due to speak...

    The summit in Portugal's capital Lisbon is set to welcome some 40,000 people from Monday evening through Thursday.

    Facebook has had to grapple in recent weeks with mass outages and rising calls for regulation to curb its vast influence.

  • Kuwait has also urged other members to follow suit so that the UN can do its tasks properly.

    The remark was made by Member of Kuwait's Permanent Delegation at the UN, Abudlaziz Al-Ajmi.

    He was speaking on Thursday, October 28, during a General Assembly debate on the UN’s financial position.

  • WHO chief Tedros Adhanom Ghebreyesus bluntly told the G20 they could no longer leave poorer countries hanging in the pandemic.

    The World Health Organization has said it needs $23.4 billion over the next 12 months for its plan to fight Covid-19

    It has urged the G20 countries, who are meeting this weekend in Rome, to show some leadership and pay the amount

  • US defense officials met in Ankara Wednesday with Turkish counterparts to resolve remaining issues from the F-35 program, and US...

    The F-16 request could be discussed when US President Joe Biden meets with Erdogan

    According to Turkish media, the country wants to buy 40 F-16s and kits to upgrade 80 warplanes in its current fleet

  • Bahrain enjoys a prominent role in the art world, serving as the host of the Arab Regional Centre for World...

    The two countries issue joint statement after a key forum on antiquities, art crime.

    Information sharing, strengthening legal frameworks among key areas of future cooperation.

  • Climate adaptation means adjusting to the current effects of climate change and preparing for its predicted impacts in the future.

    The approach is crucial in developing countries, which are more vulnerable to extreme weather caused by climate change.

    The cost of adapting to climate change in developing nations could reach $300 billion in 2030, said UNCTAD.

  • Diab had filed a lawsuit against judge Tarek Bitar, who has been thwarted at every turn in his probe of...

    Diab was prime minister at the time of the explosion and is among the senior officials Bitar wants to hear as part of his investigation.

    Several of Lebanon's main political groups, including the powerful Iran-backed Hezbollah, want Bitar removed., earning scorn from rights groups.