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.
  • ZainTech will provide solutions for Cloud, Cybersecurity, Big Data, IoT, AI, Smart Cities and Emerging Technologies while incorporating NXN and...

    Solutions for Cloud, Cybersecurity, Big Data, IoT, AI, Smart Cities and Emerging Technologies remain key focus

    Andrew Hanna has been appointed CEO of the newly launched ZainTech

  • Lloyds Banking Group will close a further 48 branches across England and Wales, the British lender said on Wednesday, as...

    The closures are the latest in a string of such moves by the bank, which in June announced the closure of 44 different branches

    Lloyds said it is responding to customers using branches less frequently

  • The two parties have signed an MoU to promote business establishments and Foreign Direct Investments.

    The main aim of the MoU is the expansion of the private sector in Abu Dhabi and inclusive economic growth

    The collaboration is expected to enable investment in Abu Dhabi from SMEs, big firms, and startups

  • Bitcoin hit a new record on Wednesday, surging past $65,000 after it took another step towards mainstream status as the...

    A bitcoin futures exchange-traded fund (ETF), a type of financial instrument, made its debut on the New York Stock Exchange on Tuesday

    The cryptocurrency soared to $65,778, according to CoinMarketCap

  • Mining releases 4-7% of global greenhouse gas emissions.

    Rio Tinto said it would spend around $7.5 billion from now until the end of the decade to reduce emission

    The cut would be to so-called scope one and two emissions — from mining operations and power consumption

  • Jack Ma’s Ma's presence in Spain was reported by the South China Morning Post, which is owned by Alibaba. The...

    The news has renewed investor hopes that the worst of China's regulatory crackdown for the Alibaba Group might be over

    Chinese officials last year spiked what would have been a world-record $37-billion IPO for Alibaba's financial group Ant

  • Sharjah Islamic Bank has announced that its board of directors agreed to raise the percentage of foreign ownership in the...

    The board's nod will now be submitted to the bank’s general assembly for a discussion and final decision.

    In its recent financial results, the bank had announced an increase in its net profit by 29.6 percent for the nine months ended Sept. 2021.

  • The platform is apparently aimed to address complexities and inefficiencies that exist in global supply chains.

    The first phase of the launch is expected to immediately offer customers access to book cargo from UAE to India

    They can also book cargo from India to multiple destinations across the Middle East, Subcontinent, Southeast Asia, the Far East, and North Africa

  • The months leading up to the launch of Expo 2020 Dubai witnessed a surge in realty transactions, with September recording...

    A total of 5,762 sales transactions in September bring the year-to-date total value to over AED100 billion.

    In September 2021, 56 percent of all sales transactions were for secondary/ready properties and 44 percent were for off-plan properties.

  • A New York-based firm contracted by the Lebanese government is to resume its audit of the central bank Thursday in...

    The International Monetary Fund and France are among creditors demanding an audit of Banque du Liban as part of urgent reforms to unlock financial support

    The contract with A&M was signed by Finance Minister Youssef Khalil last month only days after he took up his post