INSEAD Day 4 - 728x90

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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.

Saudi Arabia pledges support for Yemeni-Yemini consultations, truce

Saudi Deputy Minister of Defense Prince Khaled bin Salman bin Abdualziz in a meeting with Yemeni Prime Minister Dr. Maeen Abdulmalik and his cabinet.
  • "The Kingdom of Saudi Arabia hopes that the truce will contribute to the political efforts to reach a political settlement," Prince Khaled said
  • The Yemeni Prime Minister and the members of his cabinet valued the continuous support provided by the Kingdom of Saudi Arabia for the Yemeni people

Saudi Deputy Minister of Defense Prince Khaled bin Salman bin Abdualziz reaffirmed his country’s commitment to establishing security, peace and stability in Yemen in a meeting on Monday with Yemeni Prime Minister Dr. Maeen Abdulmalik Saeed and the members of the Yemeni Cabinet.

Prince Khaled highlighted that the Kingdom had welcomed the announcement of the Special Envoy of the UN Secretary General to Yemen to cease all military operations inside Yemen and on the Saudi-Yemeni borders in a bid to reach a comprehensive political solution to the ongoing conflict in the country.

“The Kingdom of Saudi Arabia hopes that this truce will contribute to the political efforts to reach a political settlement through the Yemeni-Yemeni consultations held under the auspices of the Gulf Cooperation Council (GCC),” Prince Khaled said.

The Yemeni Prime Minister and the members of his cabinet valued the continuous support provided by the Kingdom of Saudi Arabia for the Yemeni people under various circumstances, and its commitment to support the government’s efforts and the sovereignty, security and stability of Yemen. 

Dr. Maeen said that the Yemeni government counts on the support of Saudi Arabia, the GCC donors and the international community to provide for the needs of the Yemeni government, in order to achieve economic stability in Yemen and alleviate the suffering of the Yemeni people.