Business
Air Arabia posted AED 278 million in Q1 2026 net profit as regional airspace disruption cut capacity, while revenue rose to AED 1.8 billion.
The Bharat Maritime Insurance Pool gives India domestic cover for hull, cargo, P&I and war risk on ships tied to Indian trade routes now.
South Korea ICT exports climbed to $42.7 billion in April as semiconductor demand drove a record annual gain and a wider trade surplus.
EMSTEEL reported AED 2.2 billion in Q1 2026 revenue as EBITDA rose 82% and net profit climbed 246% on wider margins for the Abu Dhabi group.
ADNOC Distribution reported record Q1 2026 profit and EBITDA growth as fuel volumes, retail sales and network expansion lifted results.
Egypt gains new World Bank funding to boost private sector jobs, strengthen fiscal stability and support greener growth goals nationwide.
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A UAE-mediated exchange freed 410 captives as Russia and Ukraine returned 205 prisoners each in the latest confirmed wartime swap.
PM Modi began his UAE visit in Abu Dhabi after Sheikh Mohamed received him for talks focused on trade, investment, energy and regional issues.
Air Arabia posted AED 278 million in Q1 2026 net profit as regional airspace disruption cut capacity, while revenue rose to AED 1.8 billion.
Trump and Xi ended Beijing talks after the White House called their meeting good, with trade, Iran and Taiwan still central to ties.