INSEAD Day 4 - 728x90

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.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

US-led forces shoot down armed drone in Iraq

Western officials have blamed hard-line pro-Iran factions for the attacks, which have never been claimed.
  • "US air defense systems shot down an armed unmanned aerial system entering Al Asad Air Base" early Friday morning, the coalition said in a statement
  • In early January, coalition forces in Iraq said they shot down two armed drones targeting the Ain Al-Asad base

The US-led coalition fighting the Islamic State group in Iraq said it shot down Friday an armed drone that targeted an air base, reporting no casualties or damage.

“US air defense systems shot down an armed unmanned aerial system entering Al Asad Air Base” early Friday morning, the coalition said in a statement.

“There are no reported injuries or damage and all coalition personnel are accounted for,” it said, adding that the incident was “under investigation”.

The base, which is controlled by Iraq, is located in the desert in the western Anbar province.

The attack comes after four US troops were hurt Thursday when rockets were fired at a base housing American forces in neighboring Syria’s Deir Ezzor province.

Dozens of rocket and armed drone attacks have targeted US troops and interests in Iraq in recent months.

Western officials have blamed hard-line pro-Iran factions for the attacks, which have never been claimed.

In early January, coalition forces in Iraq said they shot down two armed drones targeting the Ain Al-Asad base.

The US-led coalition ended its combat mission in Iraq in December, four years after the Baghdad government declared victory over the jihadists.

But roughly 2,500 American soldiers and 1,000 coalition soldiers remain deployed in three Iraqi-controlled bases across the country, including Ain Al-Asad, to offer training, advice and assistance to national forces.