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.

US special Yemen envoy Lenderking’s Gulf tour to push for longer truce

The State Department said Lenderking will advance US-led efforts for extension of truce in Yemen. (AFP)
  • Tim Lenderking will meet with Yemeni, Saudi, Emirati, Omani and international partners to discuss the necessary steps to secure a durable ceasefire.
  • He will also congratulate Yemeni, UN, and international partners on the successful operation to offload over 1.1 million barrels of oil from the FSO Safer supertanker.

Dubai, UAE — United Sates Special Envoy for Yemen Tim Lenderking is traveling to the Gulf on Tuesday to advance ongoing UN-led efforts to expand the truce and launch a comprehensive peace process, a statement issued by the US Department of State said.


“The United States is committed to supporting a resolution to the Yemen conflict as soon as possible. We are working closely with the UN, Saudi Arabia, UAE, Oman, and other partners to build on the UN-mediated truce, which has delivered the longest period of calm since the war began, and to enable Yemenis to shape a brighter future for their country,” the statement said.


Special Envoy Lenderking will meet with Yemeni, Saudi, Emirati, Omani and international partners to discuss the necessary steps to secure a durable ceasefire and launch an inclusive, UN-mediated political process while ensuring continued efforts to ease the economic crisis and suffering of Yemenis.

During this trip, Special Envoy Lenderking will also congratulate Yemeni, UN, and international partners on the successful operation to offload over 1.1 million barrels of oil from the FSO Safer supertanker, a two-year effort which concluded this week.

He will continue to mobilize support from donors to fulfill the remaining $22 million funding gap to scrap the tanker and address all residual environmental threats, the statement said.