INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

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.

Strong economy, HNWIs help GCC luxury market thrive

  • GCC economies witness significant growth driven by robust oil production and exports
  • Increased affluence in the region fuels a continuous rise in luxury product spending

DUBAI, UAE — Driven by robust oil production and exports, the GCC economies have achieved significant growth, leading to increased affluence. This has fueled a continuous rise in luxury product spending.

Additionally, the region’s population has experienced substantial growth, particularly among the younger demographic.

TRENDS looks at how the rising number of high net worth individuals (HNWIs) in various sectors is driving demand for luxury goods and services in the region.

Click here to read full report