A UAE-mediated exchange freed 410 captives as Russia and Ukraine returned 205 prisoners each in the latest confirmed wartime swap.
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.
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.
South Korea ICT exports climbed to $42.7 billion in April as semiconductor demand drove a record annual gain and a wider trade surplus.
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.
ADNOC Distribution reported record Q1 2026 profit and EBITDA growth as fuel volumes, retail sales and network expansion lifted results.
Asian Development Bank pledged $30 billion through 2030 to help ASEAN expand energy links, deepen markets and build resilience regionally.
Travel
flydubai will launch daily Dubai-Bangkok flights on July 1, adding Thailand’s capital to its network with Emirates codeshare connections.
Space42 says local assembly and testing of Foresight satellites in Abu Dhabi show the UAE is building stronger space manufacturing capability.

