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.

UAE calls Borrell’s ‘jungle’ remark as ‘racist and disappointing’

“Europe is a garden,” Borrell said in a speech in Bruges, Belgium, but “most of the rest of the world is a jungle, and the jungle could invade the garden”.(AFP)
  • Borrell said in a speech in Bruges, Belgium that “Europe is a garden, but most of the rest of the world is a jungle, and the jungle could invade the garden”.
  • The UAE asked the Office of the High Representative to "provide a written explanation of the High Representative’s hurtful and discriminatory comments".

Dubai, UAE—The UAE joined the chorus that has criticized Josep Borrell, High Representative of the European Union for Foreign Affairs and Security Policy, who described the world outside Europe as a potentially violent jungle.

UAE’s Ministry of Foreign Affairs and International Cooperation said it “rejected the racist statement” by Borrell and added that “statements of this kind are inappropriate and discriminatory”.

“These statements contribute to a worsening climate of intolerance and discrimination worldwide,” the ministry said in a statement and asked the Office of the High Representative to “provide a written explanation of the High Representative’s hurtful and discriminatory comments”.

“Borrell’s remarks are a disappointing development that comes at a time when all parties are aware of the importance of respect for other religions, cultures, and ethnic groups, as well as values such as pluralism, coexistence, and tolerance,” the statement reads.

Borrell said in a speech in Bruges, Belgium that “Europe is a garden, but most of the rest of the world is a jungle, and the jungle could invade the garden”.