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.

NATO not seeking regime change in Russia: Scholz

It is for the nations to fight for the freedom, Olaf Scholz said.
  • White House played down US President Joe Biden's comments in which he called the Russian president as a 'butcher' for invading Ukraine
  • Democracy, freedom, and justice have a future everywhere, German Chancellor Olaf Scholtz has said

Regime change in Russia is not NATO’s objective, despite Moscow’s invasion of Ukraine, German Chancellor Olaf Scholz said Sunday, a day after US President Joe Biden branded Vladimir Putin a “butcher” who “cannot remain in power”.

It “is not the objective of NATO, nor that of the US president”, Scholz told German state television channel ARD.”I’ve had the chance to talk at length with him at the White House and we have also discussed these questions,” he added.The White House moved quickly Saturday to play down Biden’s comments during an impassioned speech in Warsaw.

Having denounced the Russian president as a “butcher” for his invasion of Ukraine, Biden said at the end of the speech: “For God’s sake, this man cannot remain in power.”

“Democracy, freedom and justice have a future everywhere,” said Scholz on Sunday.

“But it’s for the people and to nations to fight for this freedom,” he added.

Scholz’s comments follow remarks earlier Sunday by French President Emmanuel Macron, in which he warned against verbal “escalation” with Putin.