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, Turkey to sign new S-400 missile contract

  • Turkey's initial purchase of S-400s from Russia soured relations with the US and its NATO allies
  • The United States sanctioned Ankara and has threatened to impose more sanctions if the country bought more major military systems from Moscow

 

The Russian government and Turkey are nearing an agreement to supply Turkey with additional S-400 air defense systems, according to an official of Russia’s Rosoboronexport arms exporter quoted by Interfax, Reuters reported..

Initially, Turkey’s purchase of S-400s from Russia strained ties with the United States and NATO allies. The United States sanctioned Ankara and has threatened to impose more sanctions if the country bought more major military systems from Moscow.