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.

Tunisia rescues 166 migrants at sea, 16 dead

File photo (AFP) of illegal migrants rescued by Tunisia’s national guard during an attempted crossing of the Mediterranean by boat resting at the port of el-Ketef in Ben Guerdane in southern Tunisia near the border with Libya.
    • The rescued migrants included Moroccans, Bangladeshis and Egyptians

    • They were stranded at sea for nearly a week after their boat broke down off Tunisia

    TUNIS: Tunisia has rescued 166 migrants stranded at sea for nearly a week, recovering the bodies of 16 others who died attempting the dangerous Mediterranean crossing to Europe, security officials said.
    The migrants, who included 65 Moroccans, 62 Bangladeshis and 15 Egyptians, and who were aged between 15 and 48, set off from Libyan coast overnight Friday to Saturday, Tunisian Defense Ministry spokesman Mohamed Zekri said.
    Their boat broke down off Tunisia near the southern port Zarzis.
    National Guard spokesman Houcem Eddine Jebabli confirmed 16 of the group had died on board, and said investigations were underway to determine the cause of death.
    The route between Libya and Europe is considered the most dangerous one across the Mediterranean.
    Over 890 people are known to have died attempting to cross the Mediterranean so far this year, a rise of 130 percent on the same period of last year, the International Organization for Migration said last week.
    Since the start of summer, the number of crossings has increased as migrants take advantage of the good weather and calmer seas.
    Despite being plunged into chaos after the fall of Muammar Qaddafi’s regime in 2011, Libya has become a favored springboard for migrants seeking what they believe will be a better life in Europe.