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 Customs impound 8.3m amphetamine pills

The authority confirmed that it is continuing to tighten control over the Kingdom’s imports to combat smuggling attempts.
  • The authority explained that the first consignment, which contained onions, was subject to customs procedures and examination through security techniques and police dogs
  • Three people were arrested by the General Directorate of Narcotics Control

The Saudi Zakat, Tax and Customs Authority has made a large seizure of Captagon amphetamine pills at Jeddah Islamic Port, impounding some 8.3 million pills being smuggled into the kingdom.

The authority explained that the first consignment, which contained onions, was subject to customs procedures and examination through security techniques and police dogs. In total, 3,054,000 Captagon pills were found hidden inside the consignment.

In the second attempt, 5,281,250 Captagon pills were hidden in a consignment of silicon barrels.

Three people were arrested by the General Directorate of Narcotics Control.

The authority confirmed that it is continuing to tighten control over the Kingdom’s imports to combat smuggling attempts.