INSEAD Day 4 - 728x90

Bab al-Mandab Strait

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.
  • The Safer, a floating storage and offloading facility, has been moored around 50 kilometres (30 miles) from the port of Hodeida since the 1980s. It has not been serviced since war broke out eight years ago between rebels, who control the capital Sanaa and the waters where the Safer is...