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.

Iftar lightens the pocket in GCC

Here’s a look at how the price of an Iftar meal compares to a standard meal eaten in moths other than Ramadan.
  • Ramadan a month of communal joy, when people gather after dusk and before dawn to partake in feasts that would help them tide over daylong fasts
  • However, there seems to be a disparity between how much a full Iftar meal costs versus how much a normal meal costs outside the month of Ramadan

Ramadan is a month of spirituality and celebration for Muslims across the world in general and the GCC countries in particular.

It is also a month of communal joy, as people gather after dusk and before dawn to partake in feasts that would help them tide over daylong fasts.

Thus, when the sun sets, devout Muslims partake in Iftar to break their fast for the day.

However, there seems to be a disparity between how much a full Iftar meal costs versus how much a normal meal costs outside the month of Ramadan.

Here’s a look at how the price of an Iftar meal compares to a standard meal eaten in moths other than Ramadan: