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 to host joint Arab-Islamic summit on Gaza crisis

Riyadh, Saudi Arabia - Saudi Foreign Ministry said on Saturday that the Kingdom will hold a joint Arab Islamic extraordinary...

Geostrategy

Emaar 9M net profit $1.1bn

This is due to the successful launches of new projects.

Business
Geostrategy

Arab countries review discussion topics for IPU Conference in Cairo

The speakers of the parliaments and councils of the Arab countries, in a meeting, reviewed the topics to be discussed...
  • Speaker of the Shura Council Sheikh Abdullah bin Mohammed bin Ibrahim Al Al-Sheikh chaired the Kingdom of Saudi Arabia's delegation in the conference.
  • During the meeting, the Committee discussed the amendment of the charter and the internal system of the Arab Inter-Parliamentary Union.
Business

Dubai imports 8 million tons of food in 2021

Dubai has imported eight million tons of food during 2021 and re-exported 6.277 million shipments through all its ports, a...
  • Dubai issued 78,812 food export health certificates, while the quantity of food exported last year amounted to 3.272 tons to 157 countries
  • The municipality said all types of food are registered electronically through a global system, a unique systems in controlling imported and locally produced foods in the emirate
Business

ADNOC framework agreements declared

The $1.94 bn agreements have been awarded to four companies.
  • The wireline logging and perforation services are the largest of such awards in the oil and gas industry.
  • The framework agreement awards cover ADNOC’s onshore and offshore fields and will run for five years with an option for a further two years.
Business

UAE Food and Beverages from Latin America reached $1.9 bn in 2020

The UAE’s food and beverage imports from Latin America reached $1.9 billion in 2020 as the Gulf country expanded its...
  • Dubai Chamber of Commerce revealed UAE expanded its efforts to enhance food security.
  • The Chamber's analysis estimates the untapped potential of Latin American food and beverage exports to the UAE at $800 million.
Business

Moody’s calls transfer of Aramco shares to PIF as credit positive

Moody's has termed the share transfer of Saudi Arabia’s Aramco to the Public Investment Fund as credit positive as it...
  • The transaction, which saw Aramco transferring a 4 percent stake to PIF, will also improve the fund’s sector diversification, and will add an asset that regularly pays dividends
  • PIF’s assets will increase by SR296.4 billion ($79 billion) following the transfer, or 20 percent higher than in 2020
Arts & Culture

Works of Syrian artists on display in Qatar

The Qatar Through Syrian Lens Exhibition was inaugurated in Building 19 of the Cultural Village Foundation (Katara), in cooperation with...
  • The exhibition reflects the strength of ties between the Qatari and Syrian people, and highlights the place the State of Qatar occupies in the hearts of Syrians, organizers said.
  • Syrian artists displayed photographs from the desert, archeological sites, markets, as well as modern places and high-rise buildings.
Business

Jordan’s 26 companies to take part in Baghdad intel Fair

Jordan's minister praised the Ministry of Communications for its achievements in the communications and information technology sector.
  • Jordan's minister praised the Ministry of Communications for its achievements in the communications and information technology sector.
  • Jordanian Ministry and the joint companies will hold a series of meetings in order to discuss cooperation
Business

Saudi Arabia elected as Head of ICAO’s Regional Aviation Safety Group for Middle East

The election took place during the ninth session of the group’s meetings hosted in Riyadh from 14-17 February 2022.
  • The election took place during the ninth session of the group’s meetings hosted in Riyadh from 14-17 February 2022
  • The RASG-MID aims to develop an integrated data-driven strategy and implement a work program that supports a regional safety management performance framework
Economy

Riyadh Economic Forum to hold 10th session in November

Chairman of the Riyadh Chamber Ajlan Al-Ajlan said the generous patronage from the king Salman bin Abdulaziz has enhanced the...
  • Chairman of the Riyadh Chamber Ajlan Al-Ajlan said the generous patronage from the king Salman bin Abdulaziz has enhanced the role of the forum
  • The forum is a strategic, economic and ideological center that contributes to diagnosing the main economic and development issues of the national economy
Business

UAE to promote innovation in home businesses

This was discussed at panel discussion about "Innovation in Home Businesses" which was organised by the Ministry of the "UAE...
  • This was discussed at a panel discussion about "Innovation in Home Businesses" which was organised by the Ministry of the "UAE Innovates-February 2022"
  • Minister of Community Development Buhumaid highlighted outstanding success stories for national entrepreneurs and small business owners to inspire the UAE productive families

Saudi to host joint Arab-Islamic summit on Gaza crisis

Riyadh, Saudi Arabia - Saudi Foreign Ministry said on Saturday that the Kingdom will hold a joint Arab Islamic extraordinary...
Geostrategy

Company News

Latest News

Total broad money supply in Qatar reaches US$189bn in September 2022

The Planning and Statistics Authority (PSA) has released the 105th issue of (Qatar; Monthly Statistics) bulletin for the month of...
Analysis

FANR highlights its robust nuclear safeguards regime

UAE's Federal Authority for Nuclear Regulation (FANR) has recently participated in the 14th Symposium on "International Safeguards: Reflecting on the...
Science

Awareness campaign of DEWA digital services ends

Dubai Electricity and Water Authority (DEWA) has successfully concluded its awareness campaign among customers about its innovative digital services on...
Business
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Economy

S&P raises Qatar’s credit rating citing its declining debt load

The rating agency predicts that increased oil prices would lead to significant fiscal surpluses in 2022–2023.
  • The rating agency predicts that increased oil prices would lead to significant fiscal surpluses in 2022–2023
  • One of the biggest natural gas exporters in the world, Qatar has reaped significant rewards from the sharp rise in oil and gas prices
Arts & Culture

Saudi Arabia’s embassy in United States participates in ‘Cat Walk’

The Saudi ambassador to the United States, and a number of embassy staff were present on the occasion.
  • The Saudi ambassador to the United States, and a number of embassy staff were present on the occasion
  • The participation included a number of embassy staff walking a distance of 7 kilometers to raise awareness about the conservation of 40 species of endangered wild cats
Economy

China’s current account surplus up 56% in Jan-Sep 2022

The surplus under trade in goods increased 37 percent year-on-year to hit a record US$521.6 billion.
  • The surplus under trade in goods increased 37 percent year-on-year to hit a record US$521.6 billion
  • Direct investment logged a net inflow of US$46.9 billion, according to the administration