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.

Jordan takes steps to raise position in Global Food Security Index, says minister

AMMAN, JORDAN - Agriculture Minister Khaled Al-Hneifat said the ministry has been working hard over the past year to create...

Geostrategy

45 percent of Saudi employees work over 40 hours per week

Riyadh, Saudi Arabia -- Nearly 45.8 percent of employees in Saudi Arabia work more than 40 hours per week and...

Business
Business

e& buys stake in Vodafone

It bought a 9.8% stake for $4.4bn in the British firm.
  • Formerly known as Etisalat, the company has acquired around 2,766 million shares in Vodafone Group
  • The transaction comes in line with the telecom company’s efforts to become a global player in the field and increase its exposure to international markets
Science

Stay off social media to improve your mental health: Study

It’s no secret that too much social media can be bad for one’s mental health. Now, research suggests that taking...
  • Staying off social media for a week meant, for some study participants, gaining about nine hours of free time, which improved their well-being, British researchers report.
  • Those who took a break from social media had significant improvements in well-being, depression and anxiety, compared with those who continued to use social media, the study found.
Geostrategy

WHO renews ties with Saudi drug authority for global cooperation

The approval is expected to transform the regional center into a global center covering the eastern Mediterranean and Africa.
  • The move aims to contribute to the SFDA in assisting emerging countries in monitoring and regulating medical devices and supplies
  • It also looks to benefit from the WHO’s expertise in various regulatory and supervisory areas in medical devices and supplies
Business

PIF launches Saudi Coffee Company

The Public Investment Fund (PIF) today announced the launch of the Saudi Coffee Company. The company is established to enable...
  • The launch of the Saudi Coffee Company aligns with PIF’s strategy, which focuses on developing and enabling 13 promising sectors
  • The Saudi Coffee Company’s primary goal is to ensure the national coffee industry is enabled along its entire value chain, from bean to cup
Interview

GCC firms should focus on digital change: QIB chief

Bassel Gamal, the Group CEO of Qatar's second-largest bank, tells TRENDS that leaders should empower their employees to make decisions.
  • "Today, all GCC economies are recovering from the pandemic thanks to higher oil prices, supporting government spending and normalizing business activity."
  • "The leadership has shifted towards a more collaborative approach, fostering teamwork, productivity, innovation and creativity."
Economy

Saudi inflation surges in April, food and beverages cost more

Annual inflation in Saudi Arabia has spiked to 2.3 percent in April, up from 2 percent in March. According to...
  • the consumer price index, or CPI, in April 2022 has surged 2 percent when compared to the corresponding period a year earlier
  • Food and beverages prices increased by 4.3 percent due to an increase in meat prices by 3.5 percent, and vegetable prices by 13.5 percent
Economy

Oman, India bilateral trade rises to $9.9b in 2021-2022

There has been a 94.8% increase in the number of Indian businesses registering with Oman MoCIIP’s Invest Easy portal, up...
  • There has been a 94.8% increase in the number of Indian businesses registering with Oman MoCIIP’s Invest Easy portal, up from 450 in 2019 to 877 in 2021
  • Qais Al Yousef was in India to develop new business opportunities and strengthen investment and trade ties in manufacturing, healthcare and renewables
Business

Talent war biggest business challenge: CBD head

Commercial Bank of Dubai CEO Dr. Bernd van Linder tells TRENDS that today’s business leaders must not only be consummate...
  • “Although I have always been a firm believer in participative leadership, it is clear to me that business leadership is now less hierarchical and involves even more participation.”
  • “To drive innovation, one of the key measures that leaders need to focus on is to encourage employees to take risks without the fear of failure.”
Geostrategy

Faster UAE growth likely under Mohamed bin Zayed

Under the President Sheikh Mohamed bin Zayed, the national economy will witness an acceleration in the implementation of its development...
  • The 61-year-old took office after the death on Friday of his half-brother Sheikh Khalifa bin Zayed Al Nahyan
  • Born in the capital on March 11, 1961, Sheikh Mohamed was sent to military school in Britain, where he graduated from the famed Royal Military Academy Sandhurst in 1979
Geostrategy

Sheikh Mohamed is new UAE President

The UAE's Federal Supreme Council today unanimously elected His Highness Sheikh Mohamed bin Zayed Al Nahyan as President of the...
  • The UAE's Federal Supreme Council has unanimously elected Sheikh Mohamed as the country's president
  • Sheikh Mohammed has succeeded the late Sheikh Khalifa bin Zayed Al Nahyan

Jordan takes steps to raise position in Global Food Security Index, says minister

AMMAN, JORDAN - Agriculture Minister Khaled Al-Hneifat said the ministry has been working hard over the past year to create...
Geostrategy

Company News

Latest News

European Education Area to take EU-UAE learning cooperation to the next level, says top official

It will open opportunities for Emirati youth to study in European Union, further strengthening the existing people-to-people ties, adds Margaritis...
Geostrategy

Islamic nations seek to turn crisis into opportunity with enhanced relations, trade amidst recession fear

At the 38th Ministerial Session of COMCEC, leaders of Islamic countries discuss ways to enhance bilateral and trade relations to...
Geostrategy

In Hawaii world’s largest volcano erupts for first time in decades

Hawaii's Mauna Loa, the largest active volcano in the world, has erupted for the first time in nearly 40 years,...
Science
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Science

UAE’s health and prevention ministry launches National Nutrition Strategy 2022-2030

DUBAI, UAE - UAE's Ministry of Health and Prevention (MoHAP) has launched the National Nutrition Strategy 2022-2030 to establish sustainable...
  • National Nutrition Strategy comes as part of MoHAP’s ongoing efforts to support the UAE’s visions aimed at improving the health of younger generations.
  • The strategy was launched during an event hosted by the ministry at the Etihad Museum.
Business

Kazakhstan eyes energy takeovers after blackouts, ‘mismanagement’

ALMATY, KAZAKHSTAN - Kazakhstan warned Monday it could nationalize struggling energy companies in the oil-rich Central Asian country after the...
  • Kazakhstan is a net exporter of energy, but high gas prices this year fueled historic and bloody protests.
  • Last month, Kazakh authorities said 65 percent of regional electricity networks needed repair.
Business

ADIB enables digital solutions to support UAE IPOs’ push

ABU DHABI, UAE - Abu Dhabi Islamic Bank (ADIB) announced that its retail customers were able to conveniently participate in...
  • ADIB said that 80 percent of clients subscribed to IPOs that were issued in 2022 through ADIB Mobile app.
  • ADIB is providing a quick and easy end-to-end process for IPOs subscriptions through mobile app.