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.

Saudi Arabia re-elected as chair of ALECSO’s Executive Council

Saudi Arabia re-elected as chair of ALECSO's Executive Council.
  • The Arab ministers praised the initiative of the Chairman of the Executive Council of ALECSO, Hani bin Moqbel Al-Moqbel, to develop the Council’s road map
  • Al-Moqbel thanked Saudi King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman Al Saud for the constant support

The Arab countries, represented by the members of the Executive Council of the Arab Organization for Education, Culture, and Science (ALECSO), have unanimously re-elected Saudi Arabia as chair of the Executive Council until 2024.

The Arab ministers praised the initiative of the Chairman of the Executive Council of ALECSO, Hani bin Moqbel Al-Moqbel, to develop the Council’s road map, which was built according to a transparent methodology based on the involvement of countries in building a common Arab vision to support and enable the organization to achieve its goals.

Al-Moqbel thanked Saudi King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman Al Saud for the constant support, empowerment, and care, which was reflected in the supportive Saudi action for the development of ALECSO.

“The Kingdom of Saudi Arabia, in its presidency of the Executive Council, worked to oversee the interests of the countries by listening to their proposals, observations, and visions to ensure that they are reflected on the ground and implemented in stages,” Al-Moqbel said. “The countries will work with greater effort and higher interest in taking care of the organization’s interests”.