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.

Kuwait puts off first parliament session until mid-October

Kuwaiti candidate Alia al-Khaled celebrates with her supporters following the announcement of her victory in the parliamentary elections, in Kuwait city. (AFP)
  • The Gulf state’s crown prince re-appointed Sheikh Ahmed Nawaf Al-Sabah as prime minister on Wednesday and later approved a new Cabinet following legislative polls
  • The government has not taken the constitutional oath because of the objection of more than 40 members of parliament

Kuwait City, Kuwait— Kuwait has decided to postpone the convening of the first parliament session after elections to Oct. 18, according to media reports.

The news agency KUNA said in a statement: “The National Assembly’s first regular session of the 17th legislative term is adjourned until Oct. 18, head of Kuwait’s Center for Government Communication and spokesman Tareq Al-Mizrem said Saturday.”

“This came in line with Article 106 of the constitution, Al-Mizrem wrote on CGC’s Twitter account,” it added.

The Gulf state’s crown prince re-appointed Sheikh Ahmed Nawaf Al-Sabah as prime minister on Wednesday and later approved a new Cabinet following legislative polls.

The government has not taken the constitutional oath because of the objection of more than 40 members of parliament.

Local media said ministers of the old cabinet had resigned.