EMSTEEL reported revenue of AED 2.2 billion for the first quarter of 2026, broadly unchanged from a year earlier, as sharply higher margins lifted earnings across the business. EBITDA rose 82% year on year to AED 483 million, while net
Author: menewscast.com
ADNOC Gas reported first quarter net income of $1.1 billion, underscoring resilient earnings despite disruption to maritime movements through the Strait of Hormuz. The company said it generated $572 million in free cash flow and ended March with $4.2 billion
A bomb blast tore through a crowded market in Sarai Naurang in Pakistan’s northwestern Lakki Marwat district on Tuesday, killing 10 people and wounding about 30 others, according to police and rescue officials. The dead included eight civilians and two
Bangladesh’s Directorate General of Health Services said the combined death toll tied to the country’s measles outbreak had risen to 415 by May 11, after six more children died in the previous 24 hours. The total includes 65 laboratory-confirmed measles deaths and
LEGAZPI: More than 1,200 hectares of farmland in Albay were potentially affected by ashfall from Mayon Volcano’s ongoing effusive eruption, with satellite analysis offering the broadest picture yet of the impact on agriculture. The Philippine Space Agency, or PhilSA, said its crop
CEBU: The Asian Development Bank said Friday it will mobilize $30 billion by 2030 to help the Association of Southeast Asian Nations advance long-term development priorities and strengthen resilience to external shocks, giving the 10-member bloc a multiyear financing pipeline centered on
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Austrian Chancellor Christian Stocker in Abu Dhabi on Friday for talks focused on the two countries’ Comprehensive Strategic Partnership and the impact of regional developments on security and the economy. The meeting brought together
CAIRO: The World Bank Group has approved US$1 billion in new financing for Egypt to support private sector-led job creation, bolster macroeconomic and fiscal resilience, and advance measures tied to a greener economy, marking the latest multilateral backing for the country as it
ABU DHABI: Space42 said the localisation of assembly, integration and testing for its Foresight synthetic aperture radar, or SAR, satellites shows the UAE is deepening its industrial capability in space technology, as the company ties a series of recent Earth observation milestones
TOKYO: Japan’s Nikkei 225 closed at a record 62,833.84 on Thursday, rising 5.58% after climbing above 62,000 for the first time and briefly crossing 63,000 intraday, as investors returned from a three-day holiday break to strong demand for technology stocks. The benchmark reached