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.

Iran ups non-oil exports by 50% in Q1

Iran’s non-oil exports rose by 50% in the first quarter of the current Iranian year, its Minister of Industry, Mines...

Covid-19 variant: Saudi suspends UAE flights

The move comes seven weeks after the oil-rich kingdom permitted fully immunised citizens to travel abroad The UAE  is a...

Beirut blast: Families of victims mark 11 months since disaster

The August 4, 2020 blast at the Beirut port killed more than 200 people, injured thousands and destroyed swathes of...

UAE launches work permits for Golden Residency holders

Golden Residency visa was created last year for professionals, specialized degree holders HR ministry lays down criteria for work permits...

DP World acquires US logistics firm sycreon for $1.2b

Deal expected to close in the second half of 2021  World says it continues to make progress on its capital...

Turkey withdraws from treaty to prevent violence against women

Ankara's withdrawal has triggered condemnation from both the United States and the European Union The Istanbul Convention signed in 2011,...

Logistics company Shipsy sets up Dubai HQ

The firm plans to recruit for leadership and mid-level management roles in the sales department and build new channel partners...

Standard Chartered opens branch in Saudi Arabia

London-based bank began operations from its Riyadh branch with a 35-strong team The bank received a licence to launch banking...

Rumsfeld, Iraq war architect, dead at 88

Rumsfeld and vice president Dick Cheney were emblematic of what was seen as excesses in Bush's "war on terror" He...

Lebanon crisis plunges women into period poverty

The price of menstrual pads, the vast majority of which are imported, has risen by almost 500 percent since the...

Iran top security body: Response to Israeli aggression based on Article 51 of UN Charter

Iran’s Supreme National Security Council (SNSC) says the Iranian armed forces’ attack on the Israeli regime was carried out based...

Company News

Latest News

UAE awards EDGE $65m contract to supply unmanned aerial systems

Abu Dhabi, UAE – ADASI, the EDGE Group entity, a regional leader in autonomous systems and services, said on Thursday...

UAE to build 3 desalination plants to supply Gaza with water

Abu Dhabi, UAE - The UAE is building three desalination plants in Rafah to supply Gaza with water as part...

Fitch maintains ‘A+’ rating of Saudi Arabia’s PIF, outlook stable

Riyadh, Saudi Arabia - Global credit agency Fitch Ratings has reaffirmed Saudi Arabia’s Public Investment Fund's (PIF) long-term foreign- and...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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EDGE to supply metallic machined parts to Boeing

Abu Dhabi, UAE – EDGE, an advanced technology group specialising in precision engineering in the UAE’s aerospace, oil & gas,...
  • The company will execute the procurement of raw materials, machining parts, and surface treatment processes
  • EDGE manufactures high-quality complex engineering components for the defence, aerospace and oil & gas sectors

Indian film company to operate cinemas in Saudi Arabia

Dubai, UAE - Mukta A2 Multiplex WLL, the international subsidiary of Mukta Arts, one of India's leading film production houses,...
  • We are thrilled to contribute our expertise and commitment to delivering top-notch entertainment within the region, Rahul Puri, MD, said.
  • Puri added that their strategy revolves around contractual agreements geared toward providing superior management and operational services

IAEA greenlights 3 national projects in Qatar

Doha, Qatar - The International Atomic Energy Agency (IAEA) has given the green light to three new national projects in...
  • The projects undertaken by Qatar under the IAEA framework aim to harness nuclear energy for peaceful and scientific sectors
  • The partnership also aims to address pressing global challenges such as plastic pollution in seas through advanced technologies and awareness initiatives