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.
  • A Dubai-based think-tank has said that as many as 254 start-ups, mostly from the UAE, Saudi Arabia, and Egypt, have...

    Dubai-based think-tank MAGNiTT said that as many as 254 start-ups, mostly from the UAE, Saudi Arabia and Egypt, have attracted record breaking funding this year

    Dubai SME offers funding options and support for including advisory and incubatory services to small and medium enterprises (SMEs), start-ups and established businesses

  • PSG boasts a stellar line-up, with the likes of Lionel Messi, Neymar, Kylian Mbappé, and Sergio Ramos taking to the...

    The tournament will be played in January next year as part of the second edition of Riyadh Season

    The event, which celebrates the city, will be held from October 2021 to March 2022

  • The strong demand for cloud computing in the Gulf region is driven by efforts of the member states to diversify...

    The UAE leads the region in terms of cloud computing adoption and annual spending.

    The MENA region will be worth around $5 billion to cloud suppliers by 2022.

  • Several airports in the region have announced plans to expand their airports to meet the expected growth in travel demand.

    Experts see up to 40 percent rise in premiums in the next two to three years.

    The total number of passengers traveling through DXB in the first five months of 2021 was around 9.9 million.

  • Aramco has bagged a one-year contract from Guyana to market the crude oil produced in the South American country.

    Guyana became the world's newest energy hotspot when a consortium led by Exxon Mobil Corp began producing crude off the country's coast in late 2019

    It is now producing around 120,000 barrels per day

  • Looking to protect many sectors of its economy from the competition that the foreign companies will present, Saudi Arabia has...

    Chaired by the investment minister, the new committee will also set the limit for foreign ownership in local companies

    The committee comes as more foreign entities take an interest in entering the Saudi market as part of the government’s push to modernize its economy

  • Bunyan United Company, the Saudi Arabia-based real estate firm, has tapped BMG Financial Group as its advisor for its upcoming...

    The Jeddah-based developer has real estate projects in several industries, including entertainment, medicine, and hospitality

    Bunyan United Company, the Saudi Arabia-based real estate firm, has tapped BMG Financial Group as its advisor for its upcoming listing on Nomu, a parallel market in the Saudi stock

  • Abu Dhabi will obtain large generator step-up (GSU) transformers, protection and telecommunication systems for the Al Dhafra PV2 Solar project...

    Hitachi ABB to supply GSUs for giant Abu Dhabi solar PV plant

    The project is located about 35 km from Abu Dhabi city and will supply power to Emirates Water and Electricity Company

  • Saudi Arabia has awarded a $95.4 million contract to a consortium to manage water services and environmental treatment in Riyadh.

    Contract awarded to Alkhorayef Group and France's Veolia

    Restructuring of Saudi water sector almost complete

  • Due to supply shortages and high levels of inventory carried over from the first quarter, smartphone shipments to the GCC...

    IDC predicts a 9.4 percent decline in shipments QoQ for the GCC smartphone market in Q3.

    Smartphone shipments were down 5.1 percent and feature phone shipments fell 11.9 percent