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 Arabia launches program to document football clubs’ chants

Riyadh, Saudi Arabia - The Saudi Commission launched Wednesday "Saudi Football Trouq", a unique initiative that is dedicated to the...

Qatar launches ‘Istamer’ platform to employ retirees in private sector

DOHA, QATAR -  The Ministry of Labor (MoL) launched the "Istamer" digital platform, which deals with employing Qatari retirees wishing...

Emirates Health Services to upgrade executive regulations

The Emirates Health Services (EHS) is looking to upgrade executive and financial regulations and ways to develop the capabilities of...
  • The EHS board of directors discussed various ideas at a meeting at its headquarters in Dubai
  • The board members reviewed the agendas of the meeting as well as the latest developments and reports submitted by EHS departments to evaluate their performance

UAE makes color-coded nutritional labeling of food products voluntary

The UAE has made nutritional labeling of pre-packed products as traffic light colors voluntary, after amending a requirement that would...
  • From Jan, manufacturers were required to provide a color-coded system of nutritional data in all pre-packed food products.
  • An official says AED1.4 billion across the sector by removing the need to modify the labels currently in use or in storage.

Ruler establishes Dubai Council to deliver Emirate’s future vision

The council will focus especially on boosting the emirate’s leading-edge competitiveness and leadership regionally and internationally.
  • The council is expected to formulate and develop Dubai’s future development agenda to support its global competitiveness
  • It will apparently also enhance the emirate’s attractiveness by launching major qualitative projects and transformational initiatives

Dubai reduces carbon emissions by 33 percent in 2020

Dubai reduced its carbon emissions by 33 percent in 2020, which is more than double the target of the Dubai...
  • The reduction in emissions is more than double the target of the Dubai Carbon Abatement Strategy 2021.
  • The share of clean and renewable energy capacity is now 11.38 percent of Dubai’s energy mix.

Empower lists on DFM

Empower is the world’s largest district cooling services provider.
  • Empower was established in 2003 to enable the real-estate sector to efficiently utilize energy through district cooling services
  • The company is said to currently have a 79 percent market share in Dubai’s district cooling sector

Social insurance protection is for all GCC citizens, says UAE

As per the system, the insured will receive end of service benefits in accordance with the retirement law in the...
  • The decision to provide the social insurance protection system to GCC citizens working in other countries was issued by GCC
  • The UAE began implementing the system of extending social insurance protection on 1 January 2007 under law No.18

Jordan exporters eye ‘promising’ Canada market

Jordan Exporters Association Khudari said the FTA between the two countries, which came into effect in 2012, provides "various and...
  • Khudari stressed on the JEA's keenness to develop the businesswomen's capabilities and engage them in international trade
  • Khudari lauded the TFOC's role in implementing programs in cooperation with the JEA to help Jordanian companies and businesswomen

Iraq to increase oil production, says minister

The oil production in Majnoon Oil field will be increased to 450,000 barrels per day, said the Oil Minister of...
  • He inaugurated the two buildings of Majnoon Oil Field Production and Development Authority
  • Majnoon field contributes to provide good quantities of gas fuel for the uses of operating electricity power plants

Dubai becomes world’s first paperless government

The Dubai Paperless Strategy was implemented in five consecutive phases, each of which enlisted a different group of Dubai Government...
  • The strategy was launched in 2018 to help Dubai become the world’s first paperless government
  • The Dubai Paperless Strategy was implemented in five consecutive phases, each of which enlisted a different group of Dubai government entities

KNPC warns people not to fall for ‘dubious’ online ads

Kuwait National Petroleum Company (KNPC) has denied offering shares for trading, warning social media users not to believe in some...
  • The company's Deputy CEO for Administrative and Commercial Affairs and Official Spokesman Ahed Al-Khrayef said unknown entities have recently posted ads
  • "These ads are totally divorced from reality, and the company has nothing to do whatsoever with these ads," he affirmed

Saudi Arabia launches program to document football clubs’ chants

Riyadh, Saudi Arabia - The Saudi Commission launched Wednesday "Saudi Football Trouq", a unique initiative that is dedicated to the...

Company News

Latest News

Video highlights: Futuristic TOP CEO 2022 discusses economic opportunities

The TOP CEO Conference, held in Dubai in Q2, discussed several burning global and regional issues of the time. It...

Saudi Arabia dismisses statements critical of OPEC+ quota cut

A few days after US President Joe Biden said that there would be consequences for Saudi Arabia on its decision...

ENOC unveils service station of future for public at Expo City

Dubai, Abu Dhabi -- ENOC Group announced Wednesday that its Service Station of the Future is now open to the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Wio Bank, Stripe sign partnership

Will enable SMEs to access e-commerce faster.
  • They will also ensure easy onboarding and a simple pay-as-you-go pricing model.
  • Users can soon sign up on the Wio Business app and be set up with a payment gateway to optimize payments within minutes.

ADNIC, JAFZA sign insurance pact

JAFZA is home to over 9000 companies, including Fortune 100 firms.
  • ADNIC will provide pre-underwritten insurance products for health and office insurance with exclusive pricing.
  • Through this partnership, the Jafza community will benefit from hassle-free online enrolment for health insurance policies.

NAFIS partners with du to hire 500 Emiratis in private sector

The MoU aims to enhance the cooperation between the two parties to spread awareness and introduce the initiatives and programmes...
  • The MoU aims to enhance the cooperation between the two parties to spread awareness and introduce the initiatives and programmes offered by NAFIS
  • The NAFIS programme is working to achieve Emiratisation rates in the private sector with set deadlines through partnerships with private and government organisations