Browsing: 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.

South Korea ICT exports climbed to $42.7 billion in April as semiconductor demand drove a record annual gain and a wider trade surplus.

ADNOC Distribution reported record Q1 2026 profit and EBITDA growth as fuel volumes, retail sales and network expansion lifted results.

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.

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 Gas reported $1.1 billion in Q1 net income, maintained domestic supply and approved a $941 million dividend amid export disruption.

Indonesia plans a broader blue economy buildout after Prabowo raised fishing village targets and promised more boats for cooperatives.

South Korea airlines cut roughly 900 round-trip flights as soaring jet fuel prices pushed carriers to trim routes and curb costs further.

Asian Development Bank pledged $30 billion through 2030 to help ASEAN expand energy links, deepen markets and build resilience regionally.

Egypt gains new World Bank funding to boost private sector jobs, strengthen fiscal stability and support greener growth goals nationwide.