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.

Saudi to bring in more tourists from the Caribbean with expanded eVisa program

Riyadh, Saudi Arabia – The Saudi Tourism Authority (STA), in collaboration with the Saudi Ministry of Tourism, has announced the expansion of...

Biden to host weakened Iraq PM amid Iran hostility

At the heart of the meeting will be the presence of US troops in Iraq and more broadly, whether Baghdad...

Israel halves Gaza fishing zone after incendiary balloon fires

The fishing zone and import activitiess are used by the Jewish state to punish or reward Hamas-led government in Gaza...

Qatar FM in Iran just days after US visit; calls for stronger regional ties

Sheikh Mohammad bin Abdulrahman Al-Thani, who is also Qatar's Deputy Prime Minister, and Iran's president-elect Ebrahim Raisi discussed bilateral cooperation...

Israeli carrier launches direct flight to Morocco

About 100 passengers were on the flight that departed from Tel Aviv to Marrakesh. Two to three flights per week...

US Covid-19 performance worst: Think Tank

The US has over 34 million confirmed cases and over 600,000 deaths, the highest in the world, and the number...

Who’s who on Blue Origin’s first crewed flight

Jeff Bezos, 57, will leave behind the planet where he made his vast fortune for a few minutes on a...

PIF, Cosco buy stake in Red Sea Gateway Terminal for $280 million

The investment will help to transform RSGT into both a regional and global logistics hub in line with PIF’s mission...

Assad starts new term after re-election described ‘neither free nor fair’

The vote extending Assad's grip on power was the second since the start of a decade-long civil war that has...

Pilgrims arrive in Mecca for second hajj of Covid-19 pandemic

Up to 60,000 Muslims residing in Saudi Arabia are allowed to take part in this year's hajj, evoking the envy...

After conquering Earth, Bezos eyes new frontier in space

His journey into space aboard a reusable rocket built by his firm Blue Origin comes just two weeks after he...

Saudi to bring in more tourists from the Caribbean with expanded eVisa program

Riyadh, Saudi Arabia – The Saudi Tourism Authority (STA), in collaboration with the Saudi Ministry of Tourism, has announced the expansion of...

Company News

Latest News

UAE company secures African land the size of the UK for carbon offset projects: report

Dubai, UAE - Blue Carbon, a Dubai-based company has secured expansive forested land across several African nations, a CNN report...

World Bank anticipates 4.5% growth in UAE’s non-oil economy in 2023

Riyadh, Saudi Arabia - The World Bank has projected a 3.4% growth in the real Gross Domestic Product (GDP) of...

Pakistan applies for BRICS membership in 2024: envoy to Russia

Moscow, Russia - Pakistan has filed an application to join the BRICS group of nations in 2024 and is counting...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Yalla 9M revenue at $237.9m

The results underscore the firm’s robust financial performance.
  • The company's net margin remained exceptionally high at 41.4 percent, highlighting its strong monetization capabilities.
  • Yalla's average monthly active users experienced significant growth, surging by 13.6 percent to 35.1 million in Q3 2023.

DTC sets IPO offer price range

Final offer price will be fixed through a book-building process
  • The company announced that the offer price range had been set between US$0.49 (AED1.80) and US$0.5 (AED1.85) per share.
  • This implies a market capitalization at the time of listing of between US$1.2 billion (AED4.5 billion) and US$1.25 billion (AED4.6 billion).

Israel designates Lashkar-e-Taiba as terror outfit

Israel marks the 15th anniversary of the 26/11 Mumbai attacks by designating Lashkar-e-Taiba (LeT), a Pakistan based militant group, as...
  • LeT was involved in the tragic Mumbai attacks of November 26, 2008, where six Jewish victims, including two Israeli nationals, lost their lives at the Chabad House
  • Israeli embassy highlighted LeT's responsibility for the murder of hundreds of Indians, emphasizing the lingering impact of their actions