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 oil supply to China soars 38% in April, highest since 2020

Saudi Arabia's supply of oil to China has soared 38 percent in April, hitting the highest monthly volume since May...
  • Saudi oil supply amounted to 8.93 million tons last month, equivalent to 2.17 million barrels per day
  • The hefty purchases, with trades completed mostly in February, compare with 1.61 million bpd in March and 1.57 million bpd a year earlier

Dubai: A Monaco in the making in the Gulf region

Dubai is among cities that woo huge FDIs and lead in technology transfer in startups, AI and robotics sectors. TRENDS...

EU looks to build a strategic partnership with GCC

GCC Secretary-General, Dr. Nayef Falah Mubarak Al-Hajraf, had welcomed the European High Representative for Foreign Affairs and Security Josep Borrell’s...
  • European External Action Service Spokesman Peter Stano said the cooperation is a must due to the current geopolitical developments
  • He added, “Together with our partners, we represent 20% of the global economy, and half of the foreign direct investments"

Qatar looks to upgrade ties with British Rail, discusses collaboration opportunities

Qatar Railways Company discussed collaboration opportunities with the United Kingdom’s trade delegation of railway experts and companies. The discussions involved...
  • The discussions involved collaboration across the full spectrum of customer experience, maintenance and operations
  • The delegation received a briefing on Qatar Rail projects and shared information with Qatar Rail about its capabilities

Working with partners to understand cause of monkeypox: WHO

World Health Organization (WHO) has said that it is working closely with 'partners' to  better understand the extent and cause...
  • According to a WHO statement the virus is endemic in some animal populations in a number of countries
  • There are about 80 confirmed cases so far, and 50 pending investigations

Qatar Amir confirms deal on gas supply to Germany

Qatar, Amir said, plans to supply liquefied natural gas (LNG) to Germany by 2024.
  • Qatar, Amir said, plans to supply liquefied natural gas (LNG) to Germany by 2024.
  • He expressed hope there will be a nuclear agreement with Iran, and Qatar was ready to help

MBRSC and EGA look to collaborate in field of research

Mohammed bin Rashid Space Centre and Emirates Global Aluminum (EGA) are looking to collaborate in research and the use of...
  • Al Marri was received at EGA's Jebel Ali site in Dubai by Chief Executive Officer Abdulnasser bin Kalban, and the company's leading technologists
  • The two parties discussed potential future synergies, including the use of EGA metal by the Mohammed bin Rashid Space Centre in constructing its next spacecraft

Qatar and Germany to boost cooperation in energy sector

Qatar and Germany have agreed to boost cooperation in the energy sector, and in this regard the two countries signed...
  • Qatar's Minister of State for Energy Affairs Eng. Saad bin Sherida Al Kaabi and German Minister for Economic Affairs and Climate Action, Dr. Robert Habeck signed the agreement
  • Germany aims to diversify its gas supply with the help of liquefied natural gas (LNG) in order to foster energy security during the transition period towards carbon neutrality

DP World exhibits petrochemical hub at Supply Chain Conference

Valued at AED21.4 billion, DP World UAE’s petrochemical hub accounts for 60 percent of Dubai’s total trade value in the...
  • Valued at AED21.4 billion, DP World UAE’s petrochemical hub accounts for 60 percent of Dubai’s total trade value in the sector
  • Jebel Ali Free Zone (Jafza) alone supports 4,100 port customers and is home to 565 companies from the petrochemicals sector

Al-Daghmi: Jordan is strong under its ‘wise Hashemite leadership’

Al-Daghmi said Hashemite leadership had built Jordan hand in hand with his sons to be a model in the Arab...
  • Al-Daghmi said Hashemite leadership had built Jordan hand in hand with his sons to be a model in the Arab region
  • Representative Obeid Yassin said that the Hashemite leadership was and still is the safety valve in the homeland

Dragon Oil, Turkmennebit ink MoU

Aim is to expand Dragon Oil’s investments in Turkmenistan.

Company News

Latest News

Etihad Rail and Borouge enter into strategic partnership

Abu Dhabi, UAE— Etihad Rail and Borouge have entered into a strategic partnership for sustainable transportation to carry 1.3 million...

$121bn GCC projects in pipeline: Trust, transparency key to their success, TOP CEO Conference heard in May

Beside leadership and vision, trust, communication and transparency between all the stakeholders play a key role in any and every...

Like in climate discourse, digital transformation will eventually edge out the big players, says media expert

“Some big techs are facing crisis with large-scale layoffs and investment cuts. As digital space offers enough space and opportunity...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

OIC countries suffer US$63bn trade deficit in halal products; Turkey, Indonesia, Malaysia top exporters

The bloc's exports of halal products equaled US$275 billion, while their imports totaled US$338 billion last year, says the 2022...
  • The bloc's exports of halal products equaled US$275 billion, while their imports totaled US$338 billion last year, says the 2022 Annual OIC Halal Economy Report
  • While OIC countries remain import reliant for the food, pharmaceuticals and cosmetics sectors, they are net exporters of apparel and footwear products, it adds

Riyadh’s WTTC Summit to oversee signing of 50 deals

RIYADH, SAUDI ARABIA - Fifty deals and agreements are expected to be signed in the World Travel and Tourism Council...
  • The minister evaluated the deals to be worth $50 billion, local media reports said.
  • Also, the event comprises over 3,000 participants, 57 ministers of tourism and travel

Will Gulf economies expand despite global woes?

Thanks to a strong rebound in domestic activities and higher oil prices, the latest IMF report suggests the GCC economies...
  • Thanks to a strong rebound in domestic activities and higher oil prices, the latest IMF report suggests the GCC economies to expand further than previously expected.
  • In 2023, the UAE economy will grow 4.2 percent, outpacing Saudi Arabia (3.7 percent), Bahrain (3 percent), Oman (4.1 percent), Kuwait (2.6 percent), and Qatar (2.4 percent)