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Iran
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.
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Iran floats 30-day roadmap to end conflict; Trump signals scepticism
Renewed fighting likely, Washington couldn’t be trusted: Iran commander
Trump claims war powers law doesn’t apply as Iran hostilities ‘terminated’
Khamenei signals Iran control over Strait of Hormuz, rejects US role
Mashreq Q1 profit rises
Pentagon puts Iran war cost at $25 Bn; Hegseth clashes with lawmakers
TECOM profit climbs
Emirates Stallions Q1 revenue up 11%
Gas prices surge as Iran tensions roil energy markets
UAE quits OPEC, reshaping global oil politics
MENA Brief – June 16: Netanyahu eyes Gaza breakthrough, Iran rejects talks, Trump at G7, UAE oil giant bids big
Israeli Prime Minister Benjamin Netanyahu says there’s a fresh opening to free hostages held in Gaza, backing a US-mediated proposal for a 60-day ceasefire as Israel continues its unprecedented military exchange with Iran.