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.

  • Public Investment Fund of Saudi Arabia is looking to diversify investments into Chinese companies after having confined its overseas holdings...

    The PIF has applied for a Qualified Foreign Institutional Investor license in China, to be able to directly trade renminbi-denominated stocks

    The $450 billion sovereign fund, which hasn’t disclosed any investments in China, has ambitions to control $2 trillion of assets

  • Dubai intends to merge the departments of economy and tourism in order to attract some 25 million tourists by 2025...

    The new entity will be asked to increase the added value of the industrial sector

    Al Marri has been Director General of the Dubai Department of Tourism and Commerce Marketing (DTCM) since 2013

  • Dubai Courts has established two new courts in the Commercial Court in order to speed up settlement of securities-related disputes....

    The new entities were created as per the directives of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai

    The new courts will focus on dispute resolution in securities, shares, bonds, and other such financial instruments

  • Fossil fuels, energy and transport tend to dominate climate discussions. Governments largely ignore livestock’s contribution to climate change, terrified of...

    Fossil fuels, energy and transport tend to dominate climate discussions

    The livestock sector is responsible for 14.5% of global greenhouse gas (GHG) emissions

  • The Covid-19 pandemic has been the primary driver of businesses and governments embracing remote-work opportunities.

    Some Arab governments have been significantly more proactive than others, especially in the GCC region

    Only 16 percent of workers in the Middle East and North Africa believe that workplaces will revert to pre-epidemic levels

  • Sebastien Bazin, head of the world's sixth-largest hotel group, said on French radio station RMC that Accor currently lacks at...

    Sebastien Bazin, head of the world's sixth-largest hotel group, said on French radio station RMC that Accor currently lacks at least 2,000 employees in France

    The hospitality industry in numerous countries has complained of difficulty rehiring staff and some employers are trying to lure workers with higher wages

  • The Spanish legend may now return to Barcelona.

    Xavi has so far led Al Sadd to the 20-2021 QNB Starts League title, and the 2020 and 2021 HH the Amir Cup titles

    He has also coached the team to win the 2020-2021 Qatar Cup title, and the 2019 Qatar Super Cup

  • Entrustment and Liquidation Center (Infath) of Saudi Arabia has raked in its highest ever amount in October thanks to sales...

    The organization has now raised more than $533 million since it started operations in September 2020

    Infath is planning to supervise 3 additional auctions during the first half of November 2021

  • Compared to the growth of only 0.7 percent in the second quarter of this year, Saudi Arabia's economy is likely...

    Capital Economics says increases in oil production, along with a loosened fiscal policy, will only boost recovery further.

    In mid-October, the World Bank revised Saudi Arabia’s 2022 growth forecast from 3.3 percent to 4.9 percent.

  • Three Saudi private companies will go public, offering around nine million shares in IPOs, according to the Saudi Exchange market...

    Among them was the Riyadh-based Advanced International Company, specializing in providing technical and security solutions

    Alwasail Industrial Co., also offered 2.5 million shares