INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

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.

KSA to back joint Arab actions, develop regional economic ties

Saudi King Salman bin Abdulaziz Al Saud presiding over the cabinet session.
  • The Cabinet authorized the Tourism Minister to discuss tourism promotion with Iraq
  • Approval was also given for an MoU between Saudi Arabia and Algeria in housing field

Saudi Arabia will continue to support joint Arab actions and help develop economic ties among Arab countries through regional institutions, the Cabinet meeting chaired on Tuesday by King Salman bin Abdulaziz Al Saud said. 

The meeting was called to review the results of the Arab financial institutions and took some important decisions. 

The Cabinet authorized the Minister of Tourism to discuss with the Iraqi side and sign a draft memorandum of understanding on promoting tourism between the two countries. 

Likewise, the Cabinet approved an MoU between Saudi Arabia and Algeria in housing field.

The authorization was also given to the Chairman of the Board of Directors of King Abdulaziz City for Science and Technology (KACST), or his representative, to discuss with the American side a draft protocol to extend and amend the scientific and technical cooperation agreement.