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 signs cooperation pact with Ethiopia on extradition, legal assistance

UAE is keen to strengthen cooperation in the legal and judicial fields with Ethiopia. (WAM)
  • The new agreement aims at mutual cooperation in legal and judicial fields.
  • According to Ethiopia's Ministry of Trade and Regional Integration, trade between Ethiopia and the UAE exceeded $2.5 billion in the last five years.

Abu Dhabi, UAE – The UAE signed agreements on extradition and mutual legal assistance in criminal matters with Ethiopia.

The agreements were inked by Abdullah bin Sultan bin Awad Al Nuaimi, Minister of Justice, and Ethiopia’s State Minister for Justice, Ato Alemante Agidew.

Abdullah Al Nuaimi stated that the UAE is keen to strengthen cooperation in the legal and judicial fields with Ethiopia.

It includes cooperation to develop bilateral relations, exchanging experiences and implementing agreements to serve the concept of justice, he added.

According to Ethiopia’s Ministry of Trade and Regional Integration, trade between Ethiopia and the United Arab Emirates (UAE) has exceeded $2.5 billion in the last five years.

Ethiopian exports to the UAE totaled more than $650 million between 2016 and 2020, while Ethiopian imports from the UAE were more than $1.8 billion.