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.

Crypto crime drops 19.6% as digital ecosystem matures

Advanced blockchain analysis tools, such as those provided by Chainalysis, are empowering law enforcement agencies and enterprises to counter the...

Economy

Saudi Arabia leads GCC travel growth to India with a 40% rise in flight searches: report

Riyadh, Saudi Arabia - Wego, the leading travel app and largest online travel marketplace in the Middle East and North...

Business

DHA, DIEZ ink MoU to support healthcare sector

DUBAI, UAE - Dubai Health Authority (DHA) has signed a Memorandum of Understanding (MoU) with Dubai Integrated Economic Zones Authority...
  • The MoU aims to enhance the private health sector’s investments in Dubai and consolidate the sector’s role in the ongoing development of health facilities.
  • DHA, DIEZ will develop a special framework to pinpoint innovation standards of healthcare start-ups in Dubai.
Business

Saudi entertainment authority issues licenses for more than 24 theme parks

According to a study, GEA also authorised permits for almost 1,300 entertainment shows until the end of last year.
  • According to a study, GEA also authorised permits for almost 1,300 entertainment shows until the end of last year
  • The authority has provided above 630 permits in the field of art and entertainment talent management, the report added
Economy

Judicial reform plans won’t harm economy: Israel’s economy minister

High-tech workers organised their second protest against the measures on Tuesday in central Tel Aviv.
  • High-tech workers organised their second protest against the measures on Tuesday in central Tel Aviv
  • Leading Israeli economists have warned that the proposed reforms will do "long-term harm" to the Israeli economy
Economy

Saudi Arabia, Oman sign 13 MoUs to promote investment

The pacts were signed on the sidelines of the Saudi-Omani Investment Forum which is held in Riyadh under the theme...
  • The pacts were signed on the sidelines of the Saudi-Omani Investment Forum which is held in Riyadh under the theme of "Partnership and Integration"
  • The four-day forum aims to build sustainable partnerships in key sectors and contribute to enhancing mutual interests between the two sides
Economy

Saudi insurance sector adopts International Financial Reporting Standard

The features of the new Standard include standardization of the accounting measurement models for insurance and reinsurance companies around the...
  • The features of the new Standard include standardization of the accounting measurement models for insurance and reinsurance companies around the world
  • SAMA had committed to a seamless adoption of the IFRS 17 in Saudi Arabia, as a member of the G20, rolling out a transition plan in four phases in 2018
Economy

Jordan ranks fourth in combating corruption says anti-corruption watchdog

The index shows that Jordan scored 47 points and is ahead of 119 countries in combating corruption, including Malaysia, China,...
  • The index shows that Jordan scored 47 points and is ahead of 119 countries in combating corruption, including Malaysia, China, Bahrain, Kuwait, Turkey and Egypt
  • Transparency International said that the anti-corruption index showed that little progress had been made in combating corruption with an increase in violence around the world
Economy

UAE’s national digital economy set to grow $140bn by 2031

The report outlines Dubai's digital economy startups and the emirate's position as a future digital capital.
  • The report outlines Dubai's digital economy startups and the emirate's position as a future digital capital
  • The Dubai Chamber's plans include attracting 300 digital startups and 100 tech experts to Dubai by 2024
Geostrategy

Blinken meets Israeli, Palestinian leaders for peace

US Secretary of State Antony Blinken met Israeli and Palestinian leaders on his Middle East tour aimed at curbing the...
  • US Secretary of State Antony Blinken spoke of strengthening ties with the Palestinian Authority and the people of Palestine.
  • The US official met with some emerging leaders and members of the Israeli civil society.
Economy

China’s general public budget revenue tops $3.01 trillion in 2022

General public budget revenue grew 9.1 percent from 2021, excluding the impact of value-added tax credit refunds, according to the...
  • General public budget revenue grew 9.1 percent from 2021, excluding the impact of value-added tax credit refunds, according to the Ministry of Finance
  • Monday's data also shows that the country's general public budget spending expanded 6.1 percent year-on-year to 26.06 trillion yuan in 2022
Geostrategy

UAE President postpones visit to Pakistan due to ‘weather’

During the visit, UAE President and Pakistan's Prime Minister were due to discuss areas of mutual cooperation between the UAE...
  • During the visit, UAE President and Pakistan's Prime Minister were due to discuss areas of mutual cooperation between the UAE and Pakistan
  • However, the PMO statement said today that the visit to the capital will now be rescheduled, adding that the new dates will be announced soon

Crypto crime drops 19.6% as digital ecosystem matures

Advanced blockchain analysis tools, such as those provided by Chainalysis, are empowering law enforcement agencies and enterprises to counter the...
Economy

Company News

Latest News

KIPCO sells its stake in GIG

The deal is valued at 256 million Kuwaiti Dinars ($832 million).
Business

UAE to strengthen digital infrastructure in Azerbaijan

Abu Dhabi, UAE – The UAE and Azerbaijan have signed a Memorandum of Understanding (MoU) aimed at strengthening the digital...
Economy

ADNOC to buy stake in Fertiglobe

ADNOC to buy OCI’s entire shareholding in Fertiglobe.
Business
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Geostrategy

Iran announces visa exemption for Saudi Arabia, 32 other countries

Tehran, Iran — Iran has waived visa requirements for passport holders from 33 nations, signaling a significant step in opening...
Geostrategy

Saudi Foreign Minister seeks British role in Gaza truce in meeting with Cameron

London, Britain - Saudi foreign minister on Thursday Prince Faisal bin Farhan bin Abdullah called on the international community, especially...
  • Prince Faisal also highlighted the need for creating conditions for the return of stability and the restoration of "a comprehensive and just peace" in Gaza
  • They also discussed the developments in the Gaza Strip and the need to ensure that violence does not escalate so as to achieve full protection for civilians
Business

UAE GDP set to double in 2024 from oil and non-oil boost: report

Dubai, UAE - The UAE’s GDP is expected to double in 2024 to 4.8%, up from 2.4% year-on-year in 2023,...
  • The UAE has been actively pursuing non-oil sector expansion as part of its economic development plans
  • The recent successful sovereign bond sale, which raised US$1.5 billion, has bolstered these efforts