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.

MEmob+ integrates blockchain technology, first MENA tech company to do so

MEmob+ has invested substantially in blockchain technology to offer its clients the most advanced and effective advertising services.
  • MEmob+ has invested substantially in blockchain technology to offer its clients the most advanced and effective advertising services
  • MEmob+ is now well positioned to enhance digital marketing activations and performance and has strict control over data flow and GDPR adherence

Visa-free travel to Saudi Arabia for GCC residents

Under the new visa scheme, all GCC residents with a valid resident and work visa issued by the UAE, Bahrain,...
  • The informed sources at the ministry told TRENDS that the draft for the new scheme is ready and will be officially announced in the next few days
  • Under the new visa scheme, all GCC residents with a valid resident and work visa will be allowed entry into Saudi Arabia for business, tourism, and Umrah purposes

Jordan extends reduction of general tax for vegetable oils

The decision to bring some relief to people follows in light of the high prices of vegetable oils globally.
  • The decision to bring some relief to people follows in light of the high prices of vegetable oils globally
  • The country also approved the integrated industrial partnership initiative for sustainable economic development signed between Jordan, the UAE and Egypt

UAE’s non-oil foreign trade surged to Dh527.5b in Q1-22

The minister added that the UAE's exports grew around 18 percent YoY to AED91 billion by end of Q1-22, noting...
  • The minister added that the UAE's exports grew around 18 percent YoY to AED91 billion by end of Q1-22, noting that exports have doubled over the past five years
  • Dr. Al Zeyoudi explained that the UAE's non-oil imports grew 25 percent during Q1-22 to AED292 billion, with re-exports hitting AED144 billion

Expo Centre Sharjah plans to boost exhibition sector in eastern region

During a recent meeting at Expo Khor Fakkan, the Expo Centre Sharjah reviewed its strategic plans to organise a series...
  • During a recent meeting at Expo Khor Fakkan, the Expo Centre Sharjah reviewed its strategic plans to organise a series of specialised events over the coming months
  • The meeting also discussed future development plans and strategies, as well as the events and exhibitions that would be organised and held in 2023

Hive mind: Tunisia beekeepers abuzz over early warning system

In Tunisia the beehive sector employs some 13,000 people and produces some 2,800 tonnes of honey.
  • In Tunisia the beehive sector employs some 13,000 people and produces some 2,800 tonnes of honey
  • The SmartBee app offers more than an early warning system and the data it collects also tells beekeepers about the productivity of each hive

Egypt composer’s star rises with ‘Moon Knight’ fame

In 2019, Nazih scored "Al-Fil al-Azraq 2" ("The Blue Elephant 2"), Egyptian cinema's highest ever grossing film, earning 100 million...
  • In 2019, Nazih scored "Al-Fil al-Azraq 2" ("The Blue Elephant 2"), Egyptian cinema's highest ever grossing film, earning 100 million pounds
  • In 2018, Nazih was the first musician to receive the Faten Hamama prize at the Cairo International Film Festival

EU members seek opt-outs from Russian oil embargo

European officials were preparing a new package of sanctions Tuesday to punish Russia for its invasion of Ukraine, but some...
  • Ambassadors from the 27 EU countries will meet on Wednesday to give the plan a once-over
  • The commission's proposal would phase in a ban on oil imports from Russia over six to eight months

Humanity stuck in ‘spiral of self-destruction’: UN

Humanity is suffering from a "broken perception of risk", spurring us into activities and behaviours that cause climate change and...
  • The report estimated that by 2030, we will be experiencing 560 disasters around the world every year -- or 1.5 disasters every day on average
  • The sharp rise in disasters globally could be attributed to a "broken perception of risk based on optimism, underestimation and invincibility," UN said

45% employees in UAE yet to save for retirement

While 44 percent of UAE residents want to retire from their jobs before they turn 55, most of them have...
  • Forty percent of respondents said they would begin saving ten years or less before retirement and 53 percent of those who save put their money in conventional bank deposits
  • Twenty seven percent respondents felt they can retire on less than US$ 2,500 amount per month, while the same proportion thinks US$ 5,000 will suffice

Dubai SME, Danube Group partner to aid Emirati-owned SMEs

Dubai, UAE – Danube Group, a leading conglomerate in the Middle East and Dubai SME, a subsidiary of the Dubai...

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Biden, Netanyahu, Hamas positive on possible extension of truce in Gaza

The pause that began Friday has seen dozens of hostages freed, with over 100 Palestinian civilians released by Israel in...

Infracorp logs $29.8m profit

The company specializes in social infrastructure.

Saudi, Turkey, Egypt among 16 nations viewing climate change as top concern

Riyadh, Saudi Arabia: Around 80% of consumers surveyed across 16 countries now view climate change as the world’s No. 1...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Indonesia’s exports to UAE expected to rise by $4bn with CEPA trade pact

Jakarta, Indonesia - The Comprehensive Economic Partnership Agreement (CEPA) is expected to increase Indonesia’s exports to the UAE by around...
  • UAE was Indonesia’s second-largest trading partner in the Middle East in 2022
  • Indonesia recorded $61.8 million in direct investment from the UAE in Jan-September 2023

Movement against ‘Pro-Israeli’ fast-food chains gains momentum

Tehran, Iran – Egypt, Jordan, and Turkey witnessed a significant surge in a boycott targeting multinationals that have either pro-Israeli...
  • Amidst rising global condemnation of Israel's actions in Gaza, the boycott movement gains significant momentum
  • Countries such as Kuwait and Morocco join the movement, adding to the international pressure on Israel

Gaza war: Israel stares at $48 billion in expenses

Dubai, UAE - The ongoing conflict between Israel and Gaza could result in a significant economic toll for Israel, with...
  • The projected cost, although lower than some previous estimations, remains a substantial financial burden
  • The Israeli Ministry of Finance had previously indicated that the war was incurring costs of approximately $270 million per day