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.

‘Digital transformation levels the playing field for GCC small businesses’

Digitalization is revolutionizing GCC entrepreneurship, offering vast opportunities and challenges, and driving innovation and growth, Jigar Sagar, an influential figure...

Sharjah approves $9bn general budget for 2023

The general budget for this year aims to achieve financial sustainability and enhance the economic competitiveness of the emirate.
  • The general budget for this year aims to achieve financial sustainability and enhance the economic competitiveness of the emirate
  • The budget has adopted many goals, priorities and strategic indicators with economic, social, scientific and cultural dimensions.

UAE Cybersecurity Council warns against cyber attacks during New Year celebrations

The council highlighted the need for all authorities and institutions to activate their cyber defence systems.
  • The council highlighted the need for all authorities and institutions to activate their cyber defence systems
  • It also noted that hacking tools have now become easier to use, enabling hackers to take advantage of the holiday season

UAE announces inclusion of Creative Zone in NextGenFDI initiative

ABU DHABI, UAE  - The Ministry of Economy has announced that Creative Zone, one of the UAE's largest consulting and...
  • The NextGenFDI program, which was launched in July 2022, aims to attract digitally-advanced companies to the UAE.
  • NextGenFDI includes fast business licensing, group visa issuance, fast access to banking facilities, as well as access to educational and cloud services.

Dubai Land Department launches its strategic plan 2026

DUBAI, UAE :  The Dubai Land Department (DLD) launched its new strategic plan and vision, shaping the features and landmarks...
  • The new strategic plan is in line with the national agenda to build a better economy.
  • DLD has a mission of enabling the real estate community by providing seamless services, effective legislation and integrated data.

DEWA’s hydroelectric power plant in Hatta is 59 percent complete

DUBAI, UAE -  The Dubai Electricity and Water Authority (DEWA) under-construction pumped-storage hydroelectric power plant site in Hatta is 58.48...
  • This is the first station of its kind in the GCC, with investments of up to US$387 million.
  • The power plant will have a production capacity of 250 megawatts, a storage capacity of 1,500 megawatt-hours.

UAE Ministry of Climate Change organizes first meeting of Farmers’ Council

DUBAI, UAE -  UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri presided over the first meeting...
  • The meeting highlighted the government directions to promote sustainable modern farming systems across the UAE.
  • The meeting discussed the government's decisions to increase the agricultural sector’s productivity, commercial value and enhance food security.

JPACO reviews key agricultural projects, efforts in 2022

AMMAN, JORDAN - Board of Directors of the Amman-based Jordanian- Palestinian Agricultural Marketing Company (JPACO)) on Saturday reviewed its key...
  • JPACO's Board of Directors also examined the company's performance and its goals and discussed its action plan for 2023.
  • JPACO General Manager, Aladdin Abu Khair, said the company worked to open new international markets.

US Congress green-lights $1.7 trillion in government spending

The $1.7 trillion blueprint passed by senators on Thursday was rubber-stamped by the House of Representatives just hours ahead of...
  • Failure to get the package to Biden's desk would have been an embarrassment, days after his Ukrainian counterpart Volodymyr Zelensky visited the White House
  • Nine Republicans crossed the aisle to help the package cross the line by 225 votes to 201, while one Democrat - New York progressive Alexandria Ocasio-Cortez - voted no

Citi names new co-heads of emerging markets division in EMEA

Shaikh and Girach have worked at the bank for about 20 years.
  • Rizwan Shaikh and Hamza Girach have worked at the bank for about 20 years
  • Girach was a member of the group that covered Saudi Aramco's historic IPO in 2019

Abu Dhabi conference brings hospitals up to date with cybersecurity threat

The conference was organised in collaboration with the Cyber Security Council with the participation of 10 biggest healthcare groups of...
  • The conference was organised in collaboration with the Cyber Security Council with the participation of 10 biggest healthcare groups of Abu Dhabi
  • The healthcare sector is a frequent target for cyber-attacks due to the sensitivity of information, which are often sold and used in identity theft

‘Digital transformation levels the playing field for GCC small businesses’

Digitalization is revolutionizing GCC entrepreneurship, offering vast opportunities and challenges, and driving innovation and growth, Jigar Sagar, an influential figure...

Company News

Latest News

Abu Dhabi Global Market announced as home to $30 billion ALTÉRRA

Abu Dhabi, UAE - The Abu Dhabi Global Market (ADGM) was announced as the home of the newly launched catalytic...

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...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

MoHRE asks over 12,000 private firms to meet Emiratization targets

DUBAI, UAE – The Ministry of Human Resources and Emiratization (MoHRE) has notified over 12,000 private companies with 20-49 workers...
  • Companies with 20-49 workers will be required to hire one UAE national in 2024 and another one in 2025.
  • This step is expected to create around 12,000 jobs annually for UAE nationals in 2024 and 2025 in various sectors.

Siranna: NEOM’s premier destination for elite travelers revealed

NEOM, Saudi Arabia – NEOM, a futuristic city planned by Saudi Arabia in its northwestern Tabuk Province, has unveiled Siranna,...
  • The destination offers uninterrupted views of the Red Sea, with its tiered design offering diverse views and perspectives
  • Arriving via waterborne transportation to the secluded bay, guests will journey through the natural rock formations before reaching the entrance of the property

30 Palestinian civilians freed under truce deal: Israel

The overnight releases, which came after a sixth batch of hostages were freed from Gaza, bring the number of Palestinian...
  • During the night, 30 male and female security civilians were released from a number of prison facilities," the country's prison service said in a statement
  • Among those freed was Ahed Tamimi, a 22-year-old activist who has become a key figure for Palestinians defying the Israeli occupation