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.

UAE takes part in G20 Foreign Ministers’ meeting in Indonesia

UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan takes part in the G20 Foreign...
  • The G20 foreign ministers meeting is keen to tackle global challenges to achieve stability and prosperity
  • Such meetings help in promoting international cooperation to achieve sustainable development goals

Over 4,800 take part in Dubai corporate volunteering program

Over 4,800 employee volunteers participated in Dubai Chamber of Commerce’s 'Give & Gain 2022' initiative. Volunteers dedicated 17,460 hours across...
  • Volunteers dedicated 17,460 hours across projects benefitting more than 147,000 individuals
  • The month-long event is part of Dubai Chamber of Commerce ENGAGE Dubai corporate volunteering program

Saudi Esports Federation allies with ASUS Republic of Gamers for Saudi eLeagues

Gamers8, the largest esports and gaming event worldwide, takes place during eight weeks from July 14.
  • Gamers8, the largest esports and gaming event worldwide, takes place during eight weeks from July 14
  • The event features top esports action alongside a series of festivals, concerts, shows, and more

Summer break, Eid push up Saudi air ticket prices

The kingdom, which has 15 domestic airports, is witnessing a significant increase in the prices of domestic flights, ranging between...
  • Saudi Arabia's domestic airports are witnessing active travel due to the summer break and Eid al-Adha
  • There has been an increase in the prices of domestic flights tickets, ranging between 32% to 314%

Eid: Sharjah Economic Development Department to intensify market campaigns

Sharjah Economic Development Department (SEDD) said it is ready for Eid al-Adha to ensure the safety of markets through the...
  • The campaigns carried out by SEDD included all food service establishments, retail and wholesale stores, men's and women's salons, and gold markets.
  • These establishments include Al Jubail market, livestock markets and others, in addition to various economic activities that are in great demand at this time.

ISESCO lists 22 Libyan sites as Islamic world heritage

The Islamic World Educational, Scientific and Cultural Organization (ISESCO) has listed 22 Libyan archaeological sites on the list of heritage...
  • The archaeological sites registered and published by the ministry included Murzuq Castle, Qasr al-Hajj and nine mosques in Tripoli.
  • At its 10th session, the Heritage Committee of the ISESCO announced the registration of 49 historical sites and cultural elements on the final list.

17 institutions win Real Estate Excellence Award in Sharjah

The Sharjah Real Estate Registration Department has announced that 17 institutions have won the Real Estate Excellence Award. The awards...
  • Sharjah Real Estate Registration Department awards are part of a plan to make the emirate an attractive global destination
  • One of the plans are to attract investors and consolidate the emirate's position as a sustainable knowledge economy

Common Reporting Standards to be mandatory in UAE, says CBUAE

Common Reporting Standards is a global methodology for the automatic exchange of financial accounts and tax-related information with other financial...
  • The CRS is a global method for the automatic exchange of accounts with other financial regulatory organizations across the world
  • The CBUAE is keen to comply with global standards as part of its mission to enhance monetary policy and financial stability

Dubai records real estate transactions worth $435 million Wednesday

Dubai real estate market recorded 454 sales transactions worth AED1.24 billion ($337 million), in addition to 96 mortgage deals .of...
  • The sales included 436 villas and apartments worth AED1.1 billion, and 18 land plots worth AED148.73 million.
  • Mortgages included 92 villas and apartments worth AED206.75 million and four land plots valued at AED52.27 million.

UAE, Japan discuss forming a business council

The council aims to boost cooperation and visits between the business communities in both countries.
  • The council aims to boost cooperation and visits between the business communities in both countries
  • Secretary-General of the FCCI bin Salem invited Japanese businesses to invest in the UAE and leverage government incentives

stc Group inks several pacts

The pacts were signed at the PIF’s Private Sector Forum.

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Jordan and Saudi Arabia to boost cooperation, strategic ties

Amman, Jordan— Jordan and Saudi Arabia held discussions on enhancing bilateral cooperation in various fields and boosting strategic ties between...

Abu Dhabi, Dubai gain as realty prices rise in UAE

The UAE’s real estate market flourished during November as sales in Dubai alone crossed 10,000 transactions, the highest recorded since...

DEWA approves special $552m dividend

The record date for the dividend is 22 Dec. 2022.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Participation rises in Sharjah Sustainability Award

SHARJAH, UAE - The Environment and Protected Areas Authority in Sharjah (EPAA) announced an increase in participation in the 11th...
  • The breakup of the entries are 311 from university and college students and 174 from school students.
  • Nominations were also received in the Distinguished Teacher Award category.

Dubai Multi Commodities Centre launches DMCC Gaming Centre

Dubai, UAE---Dubai Multi Commodities Centre (DMCC), which is currently home to more than 50 gaming companies, has launched the DMCC...
  • Under the DMCC Gaming Centre, members will have access to the wider esports community through regular events and esports tournaments.
  • Members will have the opportunity to join gaming specific acceleration and market entry programmes through DMCC ecosystem partner, AstroLabs.

GPSSA clarifies conditions of insured individuals

ABU DHABI, UAE - The General Pension and Social Security Authority (GPSSA) said that the registration of insured individuals in...
  • Emirati nationals should not be less than 18 years old nor over 60.
  • Entities operating in the field of tourism and hotels, including in the free zones, who employ Emiratis are all subject to the provisions of the law.