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.
  • DUBAI: To promote agri-food projects and investments, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the...

    Agreement provides both agencies framework for collaboration, including attracting and promoting investment.

    IFPA aims to foster direct relationships between agricultural businesses in the Islamic Organization for Food Security member states.

  • The decision follows an earlier Saudi move to stop giving state contracts to companies and commercial institutions with Middle East...

    The decision follows an earlier Saudi move to stop giving state contracts to companies and commercial institutions with Middle East headquarters in any other country

    According to reports, Al-Arabiya and Al Hadath TV channels have informed their employees that they plan to broadcast 12 hours a day from Riyadh by next January

  • The TGV 4 Plus fund, which has been oversubscribed, focuses on blockchain firms primarily in late-stage equity funding Series B...

    TGV is funded by 40 partners who contribute 27%, along with a number of entrepreneurs, business angels, family offices and institutional investors

    Many limited partners of True Global Ventures are based in the Middle East

  • Saudi Arabia and the UAE are already off the starting mark in their efforts to supply alternative fuels to the...

    Hydrogen requires high-pressure tanks when stored as a gas or temperatures of -253°C when stored as a liquid

    Ammonia can be used as marine fuel as the conversion process is economical and involves little fuss

  • The Mall of Oman is said to be the country’s largest complex of its kind.

    The Mall of Oman has the only IMAX experience in the country

    It will soon have global cafés and restaurants that offer more than 50 dining options

  • The US imposed its harshest sanctions on Iran three years ago as Washington, under President Donald Trump, unilaterally abandoned an...

    One of the ways to do this is to swap oil for goods or investment

    This potential solution can also be used in other sectors and industries

  • The decision is said to be based on an agreement with Iraq, and apparently follows prior notification. Iran used to...

    Iran notified the Iraqi side about this reduction two weeks ago

    This export cut will continue for up to six months

  • The port, to be operated by Shanghai International Port Group, is expected to bring competition to a sector plagued by...

    It is expected to enable larger classes of cargo ships, carrying 18,000 containers or more, to dock in Israel

    About 99 percent of all goods move in and out of Israel over sea, and an upgrade is needed to maintain economic growth

  • IsDB also contributed to Covid-19 relief in 2020, where it approved financing of around $2.3 billion.

    IsDB gave out around $6.8 billion to various nations last year

    Egypt’s share in that, at $1.13 billion, amounted to around 17 percent

  • The DLD weekly report said 146 plots were sold for AED 2.26 billion, 1,080 apartments and villas were sold for...

    The DLD weekly report said 146 plots were sold for AED 2.26 billion, 1,080 apartments and villas were sold for AED 2.25 billion

    Jabal Ali First recorded the most transactions for this week with 40 sales transactions worth AED 89.57 million, followed by Ras Al Khor with 30 sales