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.
  • Under the deal, US will provide 350 contractor technicians and two government officials over two years to handle the maintenance...

    Before his election Biden had promised to make Saudi leaders "pay" for the murder of US-based journalist Jamal Khashoggi.

    In late January Biden ordered a review of all arms contracts concluded by his predecessor Donald Trump with Saudi Arabia and other countries.

  • Under the new pact, Etihad will leverage Sabre's IT solutions.

    Under the new agreement, Etihad will continue leveraging a suite of Sabre's IT solutions to aid recovery

    Sabre will help Etihad in network planning and scheduling, pricing and revenue management and cargo technology

  • The tournament was halted in May because of a devastating surge in coronavirus deaths in India, prompting foreign players to...

    The eight-team tournament resumes with Delhi Capitals at the top of the table

    The final will be in Dubai on October 15, just two days before the T20 World Cup begins

  • The council will aim to enhance bilateral economic and trade relations between the two countries.

    The MoU was signed by Abdullah Mohammed Al Mazrouei, Chairman of the Federation of UAE Chambers of Commerce and Industry

    Peeter Raudsepp, CEO of Enterprise Estonia, signed the agreement on behalf of his country

  • The UN body has registered the Farasan Island Marine Sanctuary in its Man and Biosphere Program.

    The Farasan Islands are said to support the largest population of idmi gazelle in Saudi Arabia

    They also have high concentrations of greater flamingo, pink-backed pelican, Eurasian spoonbill, and osprey

  • The UAE has vowed to invest £10 billion ($13.8bn) in the UK over five years as Abu Dhabi Crown Prince...

    The focus of investment will be on the UK's technology, infrastructure and energy transition sectors

    Mubadala's investment plans is likely to 'drive a significant increase' across the three target sectors

  • DUBAI: The emirate of Dubai sees tourism and exhibition activity returning to normal, with EXPO 2020 around the corner, according...

    The emirate sees tourism and exhibition activity returning to normal, with EXPO 2020 around the corner, according to DP World chairman.

    Top commodities included jewelry, perfumes, medical products, textiles and leather.

  • ADQ will acquire Swiss firm Acino from its current shareholders.

    Switzerland-based Acino is known as a provider of pharmaceuticals

    Its markets include the Middle East, Africa, Latin America, Russia, Ukraine, and the CIS Region

  • The IPO order book 130 times oversubscribed during the book-building process.

    The company is set to raise $960m, pricing IPO at 151 riyals per share.

    The individual investors tranche subscription process will commence on Sunday and ends on Tuesday.

  • But if widening economic gaps between the developed world and the poor countries persists, only a few will enjoy the...

    Many developing economies are being held back by constraints on fiscal measures, lack of monetary autonomy and limited access to vaccines.

    By 2025, developing countries will be $12 trillion poorer owing to the pandemic, the report said.