INSEAD Day 4 - 728x90

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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.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Saudi Arabia, Romania sign wide-ranging defense agreement

The signing ceremony was held in Riyadh
  • The pact includes training, exchange of expertise, technologies and developing communications systems.
  • The agreement is in line with the two sides’ commitment to promote and encourage international peace, media reports said.

Saudi Arabia and Romania signed on Tuesday a defense cooperation agreement that covers training, exchange of expertise, technologies, developing communications systems, medical services, military history, archives, publications, and museums, among others.

The agreement is in line with the two sides’ commitment to promote and encourage international peace and stability.

Assistant Minister of Defense for Executive Affairs Khalid bin Hussein Al-Bayari, represented the Kingdom in the signing ceremony.

The Romanian side was represented by Simona Cojocaru, State Secretary and Chief of the Department for Defense Policy, Planning and International Relations.

The signing ceremony was held in Riyadh, and attended by a number of officials from the two sides.