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.

Mastercard study: Majority of UAE SMEs confident about growth

SMEs identify easier access to funding, digital payments, training and upskilling staff as key drivers of growth Rising cost of...

Chinese insurer opens first Middle East office in Dubai

Office located at Dubai International Financial Centre SINOSURE is a state-funded insurance company established to promote China’s foreign economic and...

Ooredoo penalized for violating communications authority rules

Financial Sanctions of 3.5m Qatari Riyals imposed on company for refusing access to its facilities, violating CRA rules Ooredoo's violations...

Dubai Police customers can avail cash deposit facility

Emirates NBD-enabled service available through bank's 300 plus CDMs Service aimed at minimizing physical contact and government's digitization efforts Emirates...

Consultations begin to form new Algeria govt after polls

23 percent turnout seen as a sign of Algerians’ disillusionment with the political class  FLN secures 98 of 407 seats...

US in first meeting with Israel’s new FM amid Iran moves

Lapid is flying to Rome to see Blinken The meeting comes as Biden moves ahead with fresh talks with Iran...

Turkish resort frets over second lost summer

Tourists have stayed away from Bodrum due to the pandemic In 2019, Bodrum airport welcomed a record 4.34 million tourists...

Protests in Lebanon as currency plunges

Lebanese protesters try to storm central bank offices in two major cities Money changers tell AFP that the pound was...

Iran licenses 30 crypto mining farms to mint digital currencies

Semnan Province, the administrative region to the east of Tehran, is home to the largest number of licensed facilities Iran...

Libya supplies 20% of Hawaii’s crude need

Libyan crude oil has a low sulfur content and is suitable for the production of fuel oils for Hawaiian electrics...

Iran offers no response to Israeli strike, if US-secures Gaza truce: report

The Damascus airstrike targeted the Iranian consulate, resulting in the death of IRGC commander Mohammad Reza Zahedi and several other...

Company News

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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...

Biden, Xi take steps to reduce tensions at key summit

Central to the discussions was the commitment to restore military-to-military communications, previously severed after a visit by former House Speaker...

ADNIC reports $82m profit

This marks 16% increase compared to the same period last year.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Aramco produces first unconventional tight gas

Dhahran, Saudi Arabia - Aramco, one of the world’s leading integrated energy and chemicals companies, has successfully produced the first...
  • Commissioned facilities at South Ghawar have a 300 million standard cubic feet per day (scfd) of raw gas processing capacity
  • Work is also progressing at the giant Jafurah unconventional gas field, which is the largest liquid-rich shale gas play in the Middle East

Apple to allow applications to be downloaded outside app store

Washington, United States - The American company Apple intends to provide the possibility of downloading applications from outside its official...
  • Developers will also be able to publish their applications in alternative stores without having to pay special fees to Apple
  • The Digital Markets Act requires technology companies to open their services and platforms to other companies and developers

UAE’s Tawazun Council signs deals worth $1.27bn at Dubai Airshow

Dubai, UAE - UAE's Tawazun Council, an independent government entity that works closely with the Ministry of Defense and security...
  • Four contracts were signed by Tawazun Council on behalf of the Ministry of Defense with local companies, totaling AED 2.7 billion ($740m)
  • A contract was signed with “Air Dynamics Solutions” to provide Technical Support and Purchase of Spare Parts and Repair of Aircrafts.