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.
  • Talaat Moustafa Group, the Egyptian real estate company, is looking to expand into Saudi Arabia and Iraq to take advantage...

    TMG has formed a committee to study investment opportunities in Saudi Arabia and Iraq

    The company recently proposed the Nour City project, east of the capital Cairo

  • Sales soared between June 2020 and June 2021 as auctioneers quickly adopted a more online approach.

    NFTs, or "non-fungible tokens", allow people to buy the rights to online art, including images, animation or even tweets.

    In March, US artist Beeple sold an NFT of his digital artwork "Everydays: The First 5,000 Days" for $69.3 million.

  • The company expects to sell 30 percent of its shares in the offering.

    The IPO is expected from Oct. 22 to Oct. 26 and a book-building process will determine offer price per share.

    In June, the Capital Market Authority had approved the company's request for the IPO.

  • Together, the airlines are making millions of reward seats available for frequent flyers to access more than 100 destinations.

    For Emirates customers, the deal provides access to over 55 Australian destinations to where Emirates does not fly

    Qantas customers are able to fly on Emirates to Dubai and access over 50 cities in Europe, the Middle East and North Africa, to where Qantas does not fly

  • Alcogal created offshore shell companies to hide money in tax havens for politicians and public figures. They included "some accused...

    Nearly two million of the 11.9 million leaked documents associated with the Pandora Papers came from Alcogal.

    The firm rejected accusations, saying it was considering legal action to defend its reputation.

  • The 5th edition of the AVSEC Global Symposium, which started on Sunday in Dubai, brought together globally recognized security experts,...

    The three-day event will host 35 speakers and over 700 delegates from more than 50 countries.

    Held since 2013, the symposium is one of the most significant aviation security events in the region and one of the biggest globally.

  • Abu Dhabi-based firm will acquire Eltizam Asset Management for AED111.6 million.

    IHC has entered into a strategic partnership with ADQ to sell a 50% stake in its subsidiary

    Eltizam offers an integrated suite of strategic management and real estate services

  • Announced in the early 1980s, the project for a refinery in southern Libya had been put on hold for years...

    An annual income of $75 million is expected from the project, said state oil company head Mustafa Sanalla.

    The refinery will be built near Al-Charara oil field, which produces an average of 300,000 barrels of oil a day.

  • The United Arab Emirates Expert Group for Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) has continued to hold...

    These meetings built on earlier meetings held with other key partners, including Saudi Arabia, the Gulf Cooperation Council (GCC), the European Commission (EC), and Russia

    Evidence of the UAE’s recent efforts was demonstrated throughout the meetings

  • Mace, the global construction company, will be working on a big lifestyle destination project in Riyadh, its developer Majid Al-Futtaim...

       Riyadh North project will house over 600 retail stores, nine hotels and branded residences, as well as the flagship Mall of Saudi

    It will also feature an indoor ski slope and snow park