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.

AGFUND, AMF ink MoU to promote economic development in Arab region

The MoU will focus on supporting micro, small and medium-sized agricultural projects, and digital financial transformation.
  • The MoU will focus on supporting micro, small and medium-sized agricultural projects, and digital financial transformation
  • AGFUND also announced its support for the comprehensive economic reform programme signed between the AMF and the Yemeni government, funded by Saudi Arabia

Unemployment rates to decline in Saudi, UAE in 2023: report

Many markets in the Middle East and Africa show a larger gap between affluent and non-affluent households in 2019 vs...
  • Many markets in the Middle East and Africa show a larger gap between affluent and non-affluent households in 2019 vs 2022 discretionary spending
  • As food and energy costs eat up a greater share of the consumer budget, lower-income households will feel an especially strong pinch

ADJD discusses developments in Evidence Law in civil, commercial transactions

ABU DHABI, UAE - Participants in the second Justice Partners Forum organized by Abu Dhabi Judicial Department (ADJD) discussed the...
  • The virtual forum highlighted the importance of partnering with lawyers.
  • The forum also reviewed a number of cases handled by the courts.

Subscription to Unemployment Insurance Scheme starts on January 1

The Unemployment Insurance Scheme (UIS) aims to create a low-cost job safety net that supports employees in their professional journey.
  • The Unemployment Insurance Scheme (UIS) aims to create a low-cost job safety net that supports employees in their professional journey
  • Anyone who loses their job as a result of termination of services is entitled to a maximum three-month cash compensation

Net foreign investments in UAE stocks hit $8bn since start of 2022

The volume of investments is the outcome of the UAE's ongoing efforts to attract foreign investors.
  • The volume of investments is the outcome of the UAE's ongoing efforts to attract foreign investors
  • Non-Arab investors' purchases of local shares in ADX and DFM amounted to $37,332,375,493

Construction industry contributed $186.8bn to Arab GDPs in 2021

The Saudi and UAE construction sectors contributed the most to their countries' GDPs, with around $45.5 billion and $36.8 billion,...
  • The Saudi and UAE construction sectors contributed the most to their countries' GDPs, with around $45.5 billion and $36.8 billion, respectively, AMF report said
  • Egypt ranked third with around $27.3 billion, followed by Qatar, $24.1 billion, Algeria, $19.8 billion, Morocco, $7.7 billion, and Oman with $6.4 billion, according to the report

DMZ, Sheraa sign deal to support 15 startups from Sharjah

Sheraa’s startup community will now have access to the DMZ’s on-demand learning platform called ‘Launchpad’.
  • Sheraa’s startup community will now have access to the DMZ’s on-demand learning platform called ‘Launchpad’.
  • The platform is designed to support aspiring and early-stage entrepreneurs in developing foundational business skills.

Jordan approves executive program of Economic Modernization Vision

The executive program includes a specific time frame for implementation, clear indicators for measuring performance, and an electronic system to...
  • The executive program includes a specific time frame for implementation, clear indicators for measuring performance, and an electronic system to follow up on achievement
  • Prime Minister Bisher Khasawneh directed all relevant ministries and institutions to start implementing the executive program within the timelines set forth therein

Oman LNG inks three agreements with Japanese firms

The new agreements will see Oman LNG supplying LNG based on contracts varying from 5 to 10 years.
  • The new agreements will see Oman LNG supplying LNG based on contracts varying from 5 to 10 years
  • Such a step comes as a significant milestone for Oman LNG, as it complements the company's effort to renew its contracts with Japan

5.4 billion World Cup viewers watch beIN MEDIA GROUP’s coverage

The final match, that saw Argentina claiming their second World Cup trophy after beating France 4-2 on penalties, recorded 242.8...
  • The final match, that saw Argentina claiming their second World Cup trophy recorded 242.8 million views on beIN SPORTS free-to-air channel
  • The final of the FIFA World Cup Qatar 2022 attracted 88 million more viewers on beIN SPORTS than the final of FIFA World Cup Russia 2018

Oregon leverages coastal adventures and diverse landscapes to expand its tourism market

Oregon's tourism strategy focuses on year-round visitation, sustainability, and regenerative travel, aiming to optimize economic impact while preserving natural beauty...

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Tunisia aims to reach 30% renewable energy by 2030: Delegate to COP28

Dubai, UAE - Tunisia has set a goal to reduce greenhouse gas emissions by 45 percent by 2030, and is...

Zain KSA expands 5G network

The company launched the first zero-emission 5G network.

Saudi Space Agency, US Sierra Space partner to develop national capabilities

Riyadh, Saudi Arabia - The Saudi Space Agency (SSA) signed a memorandum of understanding (MoU) with Sierra Space, a leading...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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COP28’s Green Zone: A central hub for climate-related activities

Dubai, UAE - The Green Zone at the COP28, overseen and managed by the conference presidency team, serves as a...
  • Starting on December 3, the Green Zone will host attendees throughout the COP28 week, providing access to exhibitions, artistic installations, film screenings etc
  • Specialized centres within the Green Zone provide opportunities for learning, skill development, and collaboration to address climate change

UAE, Philippines to cooperate in digital sector with focus on data centers

Abu Dhabi, UAE - The UAE and Philippines signed an agreement to create a framework for investment in the digital...
  • As physical facilities that organizations use to store critical data and run applications, data centers are vital parts of the digital economy infrastructure
  • Recognized as one of the emerging data center markets worldwide, the Philippines offers a robust, rapidly growing ecosystem in this sector

Indian spiritual leader Sadhguru to kick off COP28 faith pavilion

Dubai, UAE – Indian spiritual leader Sadhguru will address the first-ever Faith Pavilion at COP28 on Friday December 1, kicking...
  • Head of the Isha Foundation and founder of the Save Soil movement will present his vision on the critical role of healthy, living soils in mitigating the impacts of climate change
  • Sadhguru has built up an international following, with over a billion views on YouTube and 11 million followers on Instagram, with his message of spirituality and climate action