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.

Russia to cancel tourist visas to four Gulf countries

Minister of Economic Development Maxim Reshetnikov.
  • He said the countries of the Middle East and Southeast Asia are among those "with which we interact"
  • The minister added, "this is where incremental growth of premium class tourists is possible in particular"

Vladivostok, Russia–Russia has offered the complete cancellation of tourist visas to Kuwait, Oman, Bahrain, Saudi Arabia and Malaysia, Minister of Economic Development Maxim Reshetnikov said at the Eastern Economic Forum (EEF).

“We are exploring the topic of making the transition to visa-free travels. Countries of the Middle East and Southeast Asia are among those, with which we interact. We offered full abolishment of visas to Kuwait, Oman, Bahrain, Saudi Arabia and Malaysia. This is where incremental growth of premium class tourists is possible in particular. That’s why we are interested in it,” Reshetnikov said.