INSEAD Day 4 - 728x90

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.

Alujain widens 2025 loss

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

Saudi crown prince to visit Turkey on June 22: Turkish official

Saudi Arabia's Crown Prince Mohammed bin Salman.
  • Turkish President Recep Tayyip Erdogan had already paid a visit to Saudi Arabia in late April, where he met the prince before travelling to Mecca
  • According to the Turkish official, other details related to Saudi crown prince visit will be announced "over the weekend"
Saudi Crown Prince Mohammed bin Salman will visit Turkey on June 22, a Turkish official said on Friday. The details of the visit will be announced “over the weekend”, the official added.The two countries will sign several agreements during the trip, which is expected to be in the capital Ankara, but the location is yet to be confirmed, the official added.

Turkish President Recep Tayyip Erdogan had already paid a visit to Saudi Arabia in late April, where he met the prince before travelling to Mecca.

The pair “reviewed the Saudi-Turkish relations and ways to develop them in all fields”, Saudi state news agency SPA said at the time.

With high inflation and a cost-of-living crisis a year before a presidential election, Erdogan is seeking backing from Gulf countries.