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.

Continued donor support to Jordan critical for reform: IMF

Jordan's King Abdullah.
    • The IMF top official praised the kingdom for its vision to have job-rich inclusive growth, preserve macroeconomic stability, and protect the poor

    • She said continued donor support was critical to Jordan’s reform effort and to take care of the 1.3 million Syrian refugees

    In a meeting with King Abdullah of Jordan, Managing Director of the International Monetary Fund reiterated her belief that continued donor support was critical to Jordan’s reform efforts as well as to shoulder the disproportionate burden in hosting 1.3 million Syrian refugees.

    Ms. Kristalina Georgieva had called on the King in Washington, who is on a visit to the US where he met with the US President Joe Biden.

    In a statement issued by Ms. Georgieva, she praised the kingdom for aspiring to job-rich inclusive growth.  “I greatly appreciated the opportunity to meet today in Washington with King Abdullah II of Jordan. We discussed global and regional developments and the efforts of the Kingdom to achieve job-rich inclusive growth, preserve macroeconomic stability, and protect the poor, especially during the COVID-19 crisis

    The statement went on to say, “I also congratulated Jordan for its successful and inclusive national vaccination program that also covers refugees. Continued donor support remains crucial to help Jordan’s reform efforts as well as to shoulder the disproportionate burden in hosting 1.3 million Syrian refugees.”