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.
  • He was appointed acting CEO of the group in April

    Majed bin Ayed Al-Nefaie succeeds Abdullah Al-Dawood.

    He has been the vice-president of the revenue department at Makkah Construction and Development Co.

  • DUBAI: Kuwait’s population decreased by 0.9 percent in the first six months of this year to 4.62 million, as expatriate...

    More than a third of Kuwait population under 15, likely to put more pressure on the labor market.

    Total employment fell by 1.7 percent in H1 due to moderation in hiring activity among Kuwaiti nationals in the private sector and a drop in expat employment.

  • Saudi Arabia and Greece have decided to set up a business council in order to enhance bilateral trade and investment...

    The body will aim to open new areas for economic cooperation, facilitate continuous interaction between the Saudi and Greek business sectors

    The new council will also exchange information on available markets and investment opportunities, enable commercial and investment partnerships

  • The Road and Transport Authority has charted out technical event management plans and developed a structure for the mobility of...

    The projects included the construction of an Enterprise Command and Control Centre, hailed by RTA as one of the biggest and most sophisticated control centers in the world.

    Dubai Metro Expo 2020 Station will operate on October 1, synchronized with the official opening of Expo 2020.

  • Kajiyama Hiroshi, the economy, trade and Industry minister of Japan, said that Middle Eastern countries are important partners in creating...

    'The large-scale and inexpensive hydrogen supply is indispensable'

    Hydrogen and ammonia are attracting attention as new energy sources

  • DUBAI: An estimated 47 percent of people worldwide are offline, and the cost of available broadband exceeds affordability targets in...

    An estimated 47 percent of people worldwide are offline, and the cost of available broadband exceeds affordability targets in 50 percent of developed countries.

    The UAE’s information and communications technology spending is estimated to reach $23 billion by 2024.

  • Ecommerce in the world in general and the GCC region in particular has proliferated despite the Covid-19 pandemic, or probably...

    The UAE and Saudi Arabia together accounted for 75 percent of total ecommerce sales in the region

    Ecommerce is expected to rise at a compound annual rate of 19 percent in 2024

  • Matsa is a JV subsidiary of Mubadala and Trafigura.

    The deal is valued at €1.58 billion ($1.85 billion)

    It is expected to conclude in the first quarter of 2022

  • The projects initiated as part of hosting the tournament include the construction of eight stadiums, Doha Metro Rail, a new...

    Stadiums constructed for the world cup would be later given to local clubs for utilization

    QTA announced new tourism strategy which aims to attract 5.6 million visitors to Qatar annually by 2023

  • The bank has effectively sounded the death knell for digital currencies in China.

    The global values of cryptocurrencies including Bitcoin have massively fluctuated over the past year partly due to Chinese regulations

    The rulings have sought to prevent speculation and money laundering