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.
  • Tehran threatens Seoul with legal action unless it releases more than $7 billion in funds for oil shipments. Iran was...

    South Korea maintains the money cannot be transferred to Iran because of sanctions.

    An Iranian lawmaker says Seoul should pay interest on the money it is "improperly holding".

  • Abu Dhabi-based renewable energy company Masdar on Thursday announced it will develop five solar photovoltaic (PV) projects in Iraq with...

    The solar photovoltaic projects will be developed in Dhi Qar, Ramadi, Mosul and Amarah areas.

    Iraq, the second-largest OPEC oil producer, is aiming at 20 to 25 percent of renewables in power production.

  • The region is also fast adopting modern agricultural practices such as vertical farming, hydroponics, greenhouse vegetable production to grow more...

    Urea demand is projected to grow close to two percent per year from 2018 to 2025.

    Governments are turning to the private sector to help finance desalination projects to meet water needs.

  • Facebook's previous major scandals barely dented its global dominance but a former employee's damning revelations have put it in a...

    Whistleblower Frances Haugen's testimony to US lawmakers could bring Republicans and Democrats together on issues of legislation.

    Experts say going beyond questions like protecting children or privacy on social media would lead to partisan clashes.

  • Calais has for years been a rallying point for migrants from the Middle East, Asia and Africa trying to smuggle...

    Police are routinely tearing down their tents and forcing them to wander the streets as part of a deterrence policy, the rights body said.

    Last week, the interior ministry ordered the eviction of a camp housing 400 migrants near a hospital in Calais.

  • The deal, which gave Iran sanctions relief in return for curbs on its nuclear programme, has been on life support...

    The deal, which gave Iran sanctions relief in return for curbs on its nuclear programme, has been on life support since 2018

    US President Joe Biden has signalled a willingness to return to the deal, but his Secretary of State Antony Blinken warned last week that time was running out

  • Algerian reaction followed Macron’s comments last week in which he said Algeria’s post-independence “political-military system” had “totally re-written” the country’s...

    Algerian reaction followed Macron’s comments last week in which he said Algeria’s post-independence “political-military system” had “totally re-written” the country’s history

    Algeria over the weekend recalled its ambassador from Paris and banned French military planes from its airspace

  • Ex-employee Frances Haugen has fueled one of Facebook's most serious crises yet and prompted a denial from CEO Mark Zuckerberg.

    Haugen testified on Capitol Hill after she leaked reams of internal research to authorities and The Wall Street Journal.

    A senator said she sees the whistleblower disclosures as the long-needed push to get Congress moving.

  • The diplomatic relations between the two countries have shown a fair degree of warmth in recent months, after a few...

    The meeting took place at Al Bahr Palace, where the Crown Prince received the Qatari guest

    The discussions also touched upon how to serve the interests of their nations

  • The UAE recorded fewer than 200 new cases of Covid this month, the lowest figure since Aug 2020. While life...

    Dubai is counting on the Expo 2020 Dubai to attract millions of visitors and boost the economy.

    The UAE has so far recorded more than 737,000 cases of Covid-19, including 2,104 deaths.