INSEAD Day 4 - 728x90

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.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Second pilot of helicopter that crashed off UAE coast found dead

A first pilot was confirmed dead on Friday after the Bell 212 helicopter went down the night before in the Gulf during a training exercise. (AFP)
  • "Search teams have found the body of the second pilot of the AeroGulf helicopter that crashed off the coast of Umm Al Qaiwain," reports said.
  • The pilots -- an Egyptian and a South African -- had been on a training flight for AeroGulf, the UAE's leading commercial helicopter operator.

Dubai, United Arab Emirates – The second pilot of a helicopter that crashed off the coast of the United Arab Emirates has been found dead, authorities said Monday, days after he was declared missing.

A first pilot was confirmed dead on Friday after the Bell 212 helicopter went down the night before in the Gulf during a training exercise after taking off from Dubai’s Al Maktoum International Airport.

“Search teams have found the body of the second pilot of the AeroGulf helicopter that crashed off the coast of Umm Al Qaiwain,” the state news agency WAM cited the aviation authority as saying.

It added that “investigations are still underway” to determine the “circumstances of the accident”.

The pilots — an Egyptian and a South African — had been on a training flight for AeroGulf, the UAE’s leading commercial helicopter operator.

“We can confirm that both crew members have perished,” the operator said.

AeroGulf was founded in 1976 to provide services to the oil and gas industry, before expanding its services to other sectors.