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.

Russian defense minister says Moscow-Tehran ties improving despite sanctions

MOSCOW, RUSSIA – The cooperation between Moscow and Tehran is reaching new highs, Russian Defense Minister Sergey Shoigu said on...

Geostrategy

Saudi business delegation visits ZSBVC steel factory in Vietnam

HANOI, VIETNAM  - A delegation of 80 Saudi businessmen, representing over 50 companies, and representatives from national specialized bodies and...

Business
Arts & Culture

Saudi Arabia’s Rijal Almaa in list of best tourist villages in world

UNWTO selected Rijal Almaa among 175 participating entities representing 75 countries.
  • UNWTO selected Rijal Almaa among 175 participating entities representing 75 countries
  • The village consists of 60 multi-storey palaces, built of natural mud stone and wood
Economy

EBRD launches e-learning program on capital markets in Morocco

The European Bank for Reconstruction and Development (EBRD) has said it will support the Moroccan financial system by launching an...
  • Participants’ progress will be tracked on a learning management system and given a certificate on completion of training.
  • The participants would learn about managing and pricing credit risk, raising funds via fixed-income and money markets.
Business

Pakistan’s national carrier to start flights from Karachi to Mashad in Iran

Chief Executive of Pakistan International Airlines (PIA) Air Marshal Arshad Malik announced that the PIA will start direct flights from...
  • Currently, Iran Air operates a flight a week from Tehran to Karachi and vice versa.
  • There are reports that Mahan Iran Airlines will resume flights from Tehran and Mashad to Lahore.
Business

Central Bank of Jordan joins network of 100 central banks in green finance pursuit

The Central Bank of Jordan (CBJ) has joined the Network for Greening the Financial System (NGFS), a network of 100...
  • The network is pursuing a better global response and delivery of the Paris and Glasgow climate agreements, said the bank.
  • Qatar has the highest GDP per capita in the Arab world due to its small population.
Arts & Culture

Kuwait Theater Festival to develop cultural movement, foster talent: Minister

Kuwait Theater Festival is a civilizational platform that contributes to the development of the cultural and theatrical movement in Kuwait,...
  • The 21st edition of the festival opened on Wednesday under the patronage of Kuwait's Minister of Information and Culture Abdulrahman Al-Mutairi.
  • The festival features eight performances and a symposium dealing with the experimentalism in Kuwaiti theater and ethics in the festival.
Geostrategy

Bahrain stresses need for Middle East free of nuclear weapons

Bahrain has stressed the importance of establishing a Middle East zone free of nuclear weapons and other weapons of mass...
  • Bahrain signed Treaty on the Non-Proliferation of Nuclear Weapons and the Convention on the Prohibition of Biological Weapons in 1988.
  • Bahrain's representative to the UN says every country has a right to pursue nuclear programs for peaceful means.
Geostrategy

Saudi Arabia and United Nations sign agreement to combat land degradation

Saudi Arabia's Minister of Environment, Water and Agriculture Abdulrahman Al-Fadley has signed a cooperation agreement with the United Nations Convention...
  • A Global Initiative targets reducing land degradation by 50 percent by 2040.
  • The initiative also aims increased storing of carbon in soil and to realize food security.
Economy

Jordan, FAO forge technical partnership on irrigation

Under the agreement, a mobile irrigation application will be developed to serve Jordanian farmers, specifically in the Jordan Valley.
  • Under the agreement, a mobile irrigation application will be developed to serve Jordanian farmers, specifically in the Jordan Valley
  • The application will provide the farmers with accurate scientific information on irrigation dates and the required quantities of water
Business

SIDF inks deal with Engie

The agreement is expected to yield low-carbon energy services.
  • The move will let SIDF employees join Engie’s knowledge-exchange 2022 training program, which will be held in Saudi Arabia
  • It will also give SIDF employees the opportunity to work with experts at Engie for six months at the company's headquarters in Paris
Business

Soudah joins UNWTO

SDC is the 25th member from the Mideast to join UNWTO.
  • SDC is the 25th affiliated member from the Middle East region in the UNWTO, which includes more than 500 members around the world
  • SDC’’s joining UNWTO contributes to achieving the company’s goals in developing the tourism and entertainment sectors

Russian defense minister says Moscow-Tehran ties improving despite sanctions

MOSCOW, RUSSIA – The cooperation between Moscow and Tehran is reaching new highs, Russian Defense Minister Sergey Shoigu said on...
Geostrategy

Company News

Latest News

Germany investigates ‘sabotage’ on its rail framework

Rail operator Deutsche Bahn blamed the travel disruptions on "sabotage", while Transport Minister Volker Wissing spoke of "a targeted and...
Geostrategy

Remittances from expatriates in Saudi fell 13 percent in Aug

Riyadh, Saudi Arabia - Remittances from expatriates in Saudi Arabia saw a 13 percent year-on-year (YoY) decline to SAR 11.92...
Economy

Dubai Airport Free Zone non-oil trade up 36 percent in 2021

Dubai, UAE--- Non-oil trade of Dubai Airport Free Zone (DAFZ), part of the Dubai Integrated Economic Zones Authority (DIEZ), rose...
Business
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Videos

Asia green business market to hit $5 trillion by 2030

More than 15 countries and 670 companies in Asia have set (or are committed to setting) emission-reduction targets, thereby creating...
  • Around $3.1 trn will need to be spent per year on average on physical assets for energy and land-use systems from 2020 to 2050.
  • Vehicle electrification could contribute 10 to 15 percent of the abatement potential needed by 2050, lowering emissions by roughly six GtCO2e.
Science

Protecting biodiversity is important, says Egyptian minister

Egypt’s Minister of Environment Yasmine Fouad said that protecting migratory birds and biodiversity is one of the global and regional...
  • The conference aims to document mutual understanding between the energy sector and nature conservation organizations.
  • Another aim is to strengthen relationship, understanding, and partnership between nature conservation, especially birds and energy infrastructure.
Business

Egypt records rush in arrival of tourists from Europe and US

Cairo, Egypt— Egypt has recorded a huge jump in arrival of tourists from many European countries and the US, as...
  • Tourists from Spain and France are leading an increase in visitors to Egypt from a number of European countries
  • Tourism toward Luxor and Aswan is predicted to be healthy from the second half of this month, with Japan, South Korea and India starting to operate flights to Luxor