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.

United States not going anywhere: US envoy on XI’s Saudi visit

Amid reports of Xi Jinping's visit to Saudi Arabia next week, the US administration said the US would not disappear from the Middle East.
  • There has been speculation about the US's diminishing influence in the region as China and Saudi Arabia seek to strengthen their ties
  • Xi Jinping could potentially meet with President Biden in November during his trip to Southeast Asia, as he said to his American counterpart

Amid reports of Chinese President Xi Jinping’s visit to Saudi Arabia next week, U.S. President Joe Biden’s administration said the US would not disappear from the Middle East.

There has been speculation about the US’s diminishing influence in the region as China and Saudi Arabia seek to strengthen their ties.

“The major message that the president brought to the region is that the United States is not going anywhere,” US special envoy for Yemen Tim Lenderking said referring to Biden’s July visit.

Xi Jinping could potentially meet with President Biden in November during his trip to Southeast Asia, as he said to his American counterpart that “now is not the time for crisis.”