INSEAD Day 4 - 728x90

Houthi Rebel

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 Houthi rebels say they are acting in support of Hamas, targeting Israel and Israeli-linked vessels to push for a stop to the war in the Gaza Strip. In response to the Hothis attacks, the United States set up a multinational naval task force last month to defend shipping interests...
  • Global maritime trade sails into geopolitical storm

    Most large international shipping companies have decided to reroute trading to avoid the Red Sea and Suez Canal through which 12 percent of world trade usually passes. The Houthis say the strikes are in solidarity with Palestinians in war-ravaged Gaza, which Israel has bombarded relentlessly for three months, in what...
  • Bahrain says 2 soldiers dead in attack near Saudi-Yemen border

    The victims "were martyred while performing their sacred national duty to defend the southern borders of the sister Kingdom of Saudi Arabia", which has led a military coalition against Yemen's Houthi rebels since 2015, the military said in a statement. The incident occurred as Saudi Arabia is pushing for a...
  • Saudi hosts Yemen’s Iran-backed rebels for talks on ending war

    Houthis headed for Riyadh on an Omani plane, days after Saudi de facto ruler Crown Prince Mohammed bin Salman met Oman's sultan on his way back from the G20 summit in India. Oman has played a role as mediators in the conflict. "Optimism exists regarding the mediation and the Omani...