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.

  • The Kuwait Direct Investment Promotion Authority has taken steps that have led to several foreign technological firms opening offices in...

    Technology is said to be a kay part of the 2035 New Kuwait vision

    KDIPA is the government’s arm responsible for promotion for foreign companies

  • Oman already has a roadmap ready for a green economy, one which it discussed with the UNEP earlier this month.

    The meeting reviewed aspects of joint cooperation between the two countries and means of enhancing them

    The two sides also touched upon means of completing the agreements that boost partnership

  • The UAE's state oil giant will be listed on ADX on October 3.

    ADNOC said the offering was oversubscribed 31 times, with significant demand from UAE Retail Investors and Qualified Institutional Investors.

    Upon listing on the ADX, ADNOC will continue to own a majority 84 percent stake in the Company.

  • Under the deal, EEC transferred part of its loan to PIF in exchange for company shares.

    Under the deal, EEC transferred part of its loan - worth $755 million- from the Ministry of Finance to the PIF in exchange for company shares.

    PIF believes that the transaction will also accelerate the development of EEC by establishing King Abdullah Economic City.

  • Turkey still intends to buy a second batch of S-400 missile defense systems from Russia, its president has said.

    The United States imposed sanctions on Turkey's Defense Industry Directorate and its chief following the acquisition of the first S-400s

    Washington has repeatedly said acquisition of this second batch would almost certainly trigger new sanctions

  • The discussions took place between the Sharjah Chamber of Commerce and Industry and the National Real Estate Committee of the...

    The meeting witnessed recommendations that centered on coordination to organize a joint real-estate event during ACRES 2022

    The two parties also discussed prospects for cooperation and bilateral partnerships in various fields in the real-estate sector

  • DUBAI: Iraq's Kurdistan is a gateway for Turkish firms to explore the wider Iraqi market, President Nechirvan Barzani said as...

    The semi-autonomous region is a gateway for Turkish firms to explore the wider Iraqi market, says president Nechirvan Barzani.

    Iraq is among Turkey's largest markets for exports, which reached $1.9 billion in 2020.

  • The event featuring concerts, theater performances, wrestling matches aims at making the Saudi capital a tourism entertainment destination.

    This year's slogan is #Imagine_More, as its events will be held in an area of 5.4 million square meters.

    The event is also an opportunity to showcase the outcome of several national goals, such as raising the level of the entertainment industry sector.

  • Auto exports to the region are likely to suffer for the next more than a year due to an estimated...

    Toyota Middle East has pledged it would do its best to avoid inconvenience to customers waiting for delivery of vehicles.

    On an average, a car needs around 1400 chips. Electric vehicles utilize even more.

  • Banking firms in the Arabian Gulf countries dominate the list of top companies in terms of market capitalization with Saudi...

    Al Rajhi Bank's market capitalization stands at $80.65 billion

    In energy sector, Saudi Aramco is much ahead of others with $1.86 trillion