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.

Oman to continue with ban on commerce, movement

    • Authorities said the suspension period would be reduced from 10 p.m. to 4 a.m. starting on Thursday

    • The Sultanate’s Supreme Committee was also looking at the possibility of introducing other precautionary measures to ensure the safety of its citizens

    There will be no relief for citizens of Oman from the restrictions imposed by the government to halt the spread of the Covid infection in the country.

    The ban on commercial activities and the movement of individuals and vehicles will continue until further notice.

    Authorities added that the suspension period would be reduced from 10 p.m. to 4 a.m. starting on Thursday.

    The Sultanate’s Supreme Committee was also looking at the possibility of introducing other precautionary measures to ensure the safety of its citizens, including rules on entering public places, and travel regulations.

    The committee revealed that figures were showing a gradual decrease in the number of COVID-19-related deaths in the country, and it urged the public to continue following health and safety measures, the Oman News Agency reported on Thursday.

    Members expressed their appreciation to Omanis for sticking to the rules currently in place, especially during Eid Al-Adha.

    Since the start of the COVID-19 pandemic, Oman has recorded 295,535 virus cases, 3,802 related deaths, and 277,632 recoveries.