INSEAD Day 4 - 728x90

narcotics

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.
  • Amman, Jordan--Jordanian security forces have scuttled an attempt to smuggle narcotics from Syrian territories to Jordan. According to the Jordan News Agency, Petra, the border guards, in coordination with the Anti-Narcotics Department and other military apparatuses, thwarted an attempt by a group of smugglers who tried to cross the Syrian-Jordanian...
  • Dubai police arrests half of all drug suspects in UAE in Q2 2023

    Dubai, UAE -- The General Department of Anti-Narcotics at Dubai Police apprehended 49.6 percent of the total number of suspects wanted for drug-related cases and promoting psychotropic substances across the UAE in the second quarter of 2023. During the same period, a total of 491 kg of drugs and 3,333,916...
  • Iraqi forces seize million captagon pills as drug trade surges

    Authorities in Iraq -- a key conduit for the amphetamine-type drug -- regularly announce such operations in which large hauls of captagon are seized, often coming from Syria with which it shares 600-kilometre (370 miles) porous border.
  • Saudi authorities foil bid to smuggle 209,000 meth pills in Jeddah

    Jeddah, Saudi Arabia -- Saudi Arabia's General Directorate of Narcotics Control (GDNC) have arrested a citizen in Jeddah governorate for smuggling 209,000 pills of the narcotic methamphetamine. Legal action has been taken against him, and the case has been referred to the Public Prosecution, SPA reported. Security authorities have requested...
  • Dubai Customs, Japan seize drugs worth $310m from Tokyo port

    DUBAI, UAE- Dubai Customs has assisted Japanese customs authorities in intercepting a significant quantity of illicit drugs. Up to 700 kilograms of "methamphetamine" powder, valued at approximately US$310 million, were concealed within a cargo ship originating from an Asian country and bound for Japan. The successful operation led to the...
  • International Security Alliance seizes drugs worth US$750mn in global operation

    Abu Dhabi, UAE--The International Security Alliance (ISA) has seized narcotics estimated to be worth US$750 million from a large transnational drug trafficking ring, and arrested 597 suspects, in a wide operation spread over many continents, dealing a big blow to organized criminal groups trafficking in drugs. The ISA, a working...
  • Drone strike targeted lawmaker’s home: Libya parliament

    The UN-recognized Government of National Unity said the strikes hit "hideouts used by gangs of smugglers in fuel, narcotics and humans" and that they were ordered by interim PM Abdulhamid Dbeibah. But the country's parliament accused the Tripoli-based government of targeting the home of one of its lawmakers Ali Bouzribah,...
  • 20 dead as Egypt minibus topples into canal

    Emergency crews recovered the heavily damaged minibus from the canal, an AFP photographer reported. Traffic accidents are common in Egypt where roads are often poorly maintained and driving rules flouted.
  • US, Russia explore prisoner swap including arms dealer, athlete

    Last weekend Bill Richardson, a former US ambassador to the UN who has negotiated the release of several Americans held in other countries, said he was "optimistic" about efforts to negotiate a "two for two" prisoner swap with Russia.
  • Saudi authorities foil bid to smuggle amphetamine tablets: Official

    Saudi Arabian authorities said Wednesday that they thwarted an attempt to smuggle 403, 000 amphetamine tablets into the kingdom. An official statement said the "security follow-up of drug smuggling and promotion networks targeting the security of the kingdom and its youth resulted in thwarting of the smuggling attempt" The tablets...
  • Abu Dhabi Police intercept 1.5 tons of contraband, worth $40m

    This action, among others, could be quite helpful in getting the UAE out of the so-called grey list of the FATF, where it was put earlier this month.
  • Bitcoin being used for money-laundering: Report

    Mexican cartels are estimated to have used bitcoin to launder $25 billion a year in Mexico alone, according to a UN-linked body.