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.

Ground operation likely in Gaza Strip, says Israeli envoy to Russia

MOSCOW, RUSSIA - The probability that the Israel Defense Forces (IDF) will launch a ground operation against Palestinian group Hamas...

Iran proposes ‘Joint Economic Union’ with Latin American countries

Iran has said there is a possibility of establishing a 'Joint Economic Union' with Latin American countries, particularly with Cuba,...
  • Iranian Vice President for Economic Affairs Mohsen Rezaei put forward the proposal in his meeting with the Cuban President Miguel Mario Diaz-Canel Bermudez.
  • President Diaz emphasized the need for expansion of comprehensive cooperation with Iran.

UAE and Nepal to boost ties in areas of common interest

Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, has discussed with Krishna Prasad Dhakal, Ambassador of Nepal to...
  • During the meeting held at the ministry in Abu Dhabi, Al Awar stressed the importance of strengthening relations between the UAE and Nepal in areas of common interest
  • The Nepalese ambassador, in turn, lauded the measures and initiatives implemented by the UAE government to confront the repercussions of the COVID-19 pandemic

Longest Persian novel Kelidar translated into Arabic, published in Cairo

The longest Persian novel or the second-longest novel in the world “Kelidar” has been translated into Arabic and published in...
  • Kelidar is story of a nomadic Kurdish family, who moved to a village in the outskirt of Sabzevar city in Khorasan Province, northwest Iran
  • Dowlatabadi spent 15 years writing Kelidar in more than 950,000 words. Iran’s Farhang Moaser Publishers published Kelidar in 10 volumes between 1978 and 1984.

Abbas meets al-Sisi, discusses bilateral cooperation

The two met on the sidelines of the 4th edition of the World Youth Forum being held in Egypt's Red...
  • The two met on the sidelines of the 4th edition of the World Youth Forum being held in Egypt's Red Sea resort city of Sharm El-Sheikh
  • Abbas briefed Al-Sisi on the latest developments in the Palestine-Israel conflict and human rights violations against the Palestinian people in the occupied territories

Jordan revenues from income, sales tax hit $7.35bn in 2021

While sales tax collection rose 14 percent, income tax collection rose 7 percent from 2020 to 2021.
  • Sales tax collected by Jordan in 2021 reached JD4.037 billion ($5.69 billion), up from JD3.534 billion ($4.98 billion) in 2020
  • Revenues collected as income tax in 2021 reached JD1.176 billion ($1.66 billion), up from JD1.103 billion ($1.56 billion) in 2020

Zoho inks Dubai deal

The agreement will help Dubai’s creative entrepreneurs.
  • The agreement aims to support the emirate's creative entrepreneurs through their digital transformation journey
  • It will also look to enhance the efficiency of their businesses, and simplify daily operations

Jordan-US discuss bilateral cooperation, strategic partnership

Jordan Foreign Minister Ayman Safadi held talks with state department officials on the new MoU on the strategic partnership between...
  • Jordan Foreign Minister Ayman Safadi held talks with state department officials on the new MoU on the strategic partnership between the two countries
  • Safadi is scheduled to meet with US Secretary of State Anthony Blinken, a number of senior US administration officials from the State Department

Tadweer of Abu Dhabi to hold ‘EcoWASTE’ exhibition

The exhibition and forum cover various fields, including recycling and waste management and treatment in the MENA region.
  • It will begin from17th January to 19th January 2022 in Abu Dhabi at National Exhibition Center (ADNEC) as part of the Abu Dhabi Sustainability Week
  • The forum would also work as an integrated platform for developing and formulating practical and sustainable waste management practices

Kuwait’s council for arts and ISESCO to boost cooperation

Kuwait's National Council for Culture, Arts and Literature (NCCAL) and Islamic World Educational, Scientific and Cultural Organization (ISESCO) discussed on...
  • The Secretary-General of NCCAL Kamel Al Abdul Jaleel met with visiting chief of ISSCO Salem Al Malik in Kuwait.
  • More than 366 heritage and archaeological sites have been listed in the Islamic world, hoping to add 1000 more sites by 2025.

Air Arabia named the most punctual airline by Moscow Airport in 2021

Air Arabia has been named as the most punctual airline in 2021 at Moscow Domodedovo Airport in the category of...
  • The Moscow Domodedovo Airport is the largest in Russia with the punctuality competition being held on an annual basis among its partner airlines.
  • The Airport evaluated the performance of numerous worldwide partner airlines, based on punctuality - calculated based on flight frequency.

Ground operation likely in Gaza Strip, says Israeli envoy to Russia

MOSCOW, RUSSIA - The probability that the Israel Defense Forces (IDF) will launch a ground operation against Palestinian group Hamas...

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QatarEnergy partners with Shell in North Field South expansion project

The agreement gives Shell an effective net participating stake of 9.375 percent in the NFS project, out of a 25...

Private sector plays key role in FIFA Cup projects

There is a need for concerted efforts by citizens and residents to make this global event a success, Sheikh Khalifa...

DTC Abu Dhabi-UNESCO study on pandemic impact ‘useful’ in plugging gaps

Abu Dhabi, UAE - The Culture Summit Abu Dhabi began in the UAE capital with discussions on the impact of...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Saudi Arabia is spending big on golf and transforming the sport forever

Since June 2022, when the first Liv Golf tournament funded by Public Investment Fund was played, nine golfers in the...
  • American stars Bryson DeChambeau, Dustin Johnson and Phil Mickelson each reportedly received more than $100m to defect to LIV Golf.
  • The first LIV Golf Invitational Series event started on 9 June 2022 at the Centurion Club near London, England. The Invitational Series is to become the LIV Golf League in 2023.

DIEZ cooperates with DP World to support career initiative Tumoohi

Dubai, UAE---Dubai Integrated Economic Zones Authority (DIEZ) will collaborate with DP World to support the Tumoohi Initiative, a training program...
  • Under the agreement, DIEZ will give participants an an opportunity to gain professional and practical experience and learn about best practices and global standards.
  • Participants will be able to work with DIEZ, along with companies registered in the Dubai Airport Freezone (DAFZ) and Dubai Silicon Oasis.

Saudi Crown Prince launches program to make KSA investment hub

Saudi Crown Prince, Prime Minister and Chairman of the Council for Economic and Development Affairs Prince Mohammed bin Salman bin...
  • GSCRI will help enable investors to benefit from the Kingdom's resources, capabilities and support and develop these value chains.
  • It will also build successful investments, which will give greater flexibility to economies, businesses and consumers around the world.