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 top diplomat on first Syria visit in over a decade

Syria's President Bashar al-Assad (R) receiving the United Arab Emirates' Foreign Minister Sheikh Abdullah bin Zayed Al-Nahyan (L) in the capital Damascus
  • The visit is widely seen as a sign of regional efforts to end Assad's diplomatic isolation as Syria grapples with a spiralling economic crisis
  • The UAE broke ties with Syria, which is backed by the UAE's regional rival Iran, in February 2012

The United Arab Emirates’ top diplomat met Syria’s President Bashar al-Assad in Damascus Tuesday, state media said, in the first such visit by a top UAE official since Syria’s war began 10 years ago.

The visit is widely seen as a sign of regional efforts to end Assad’s diplomatic isolation as Syria grapples with a spiralling economic crisis caused by years of conflict and compounded by a spate of Western sanctions.

“President Assad received UAE Foreign Minister Abdullah bin Zayed,” and an accompanying delegation, the official SANA news agency said.

“During the meeting, they discussed bilateral relations between the two brotherly countries and ways to develop cooperation in different sectors that are of common interest,” SANA added.

The UAE broke ties with Syria, which is backed by the UAE’s regional rival Iran, in February 2012, as the repression of nationwide protests demanding regime change was escalating into a devastating war.

In December 2018, the UAE reopened its embassy in Damascus. This was followed by the Gulf country calling in March for Syria to return to the Arab League.