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.
  • Do you want to buy a more than 3,000-year-old Sumerian tablet, listed as the property of a gentleman from Sussex...

    The purchased antiquity may not be handed down but handed on, via smugglers and middlemen

    Also, the ownership history of some such objects can be harder to prove

  • The project promotes local industrial investment in key sectors such as medical, food, steel, cement.

    A total investment of AED 286 million has been reported by ADDED, IDB in the new licenses.

    IDB seeks to add 50 new local industrial facilities over the next three years.

  • Besides wooing $74 billion investments, the oil giant has helped the country gain the top position in the Middle East...

    ADNOC has set its eyes on developing green hydrogen and blue ammonia products.

    The company plans to spend $122 billion between 2021 and 2025 to develop its businesses.

  • The two discussed opportunities for cooperation to support multinational companies in the Emirate of Ajman

    The two discussed opportunities for cooperation to support multinational companies in the Emirate of Ajman

    Dahua is a leading Chinese tech solutions provider specialising in video surveillance products, data security, alarms, motion sensors and access control

  • Saudi Arabia has developed cultural, heritage tourism projects in more than 25 tourist destinations and eyes 100 million tourists by...

    Saudi Arabia has developed cultural, heritage tourism projects in more than 25 tourist destinations

    By 2030, the country expects to enhance its airport capacity by 30 percent

  • In order to make sure that Egyptians get an uninterrupted supply of electricity, Egypt has taken steps to strengthen power...

    The ministry is studying a huge project for power linkage with Cyprus, Crete and Greece

    Shaker said the launch of power projects to connect with Libya is a strategic goal for the two countries

  • Allows riders to book rides up to 30 days in advance.

    The feature comes in Premium and Economy categories.

    Reserve rides can be cancelled any time up to an hour ahead of the scheduled pick up time with no costs.

  • The company attributes growth to robust sales in four quarters.

    H1 earnings per share improved to SAR 0.24.

    The revenue grew by 18.2 percent compared to H1 2020.

  • At least one ton of honey has been sold in just 10 days at a festival in Baha, Saudi Arabia,...

    Beekeeper Yahya bin Tayran said Baha honey was one of the finest, especially if its source was far from where people lived

    It has a display of different types of liquid honey and honey wax typical of the Baha region

  • Kuwait International Bank said it has completed the sale of its exposure in troubled UAE healthcare group, NMC.

    The sale of debt, worth over $13mln, is subject to approvals

    The lender, which was owed $74.11 million by NMC health, in May decided to cut its losses and sell the debt to an unnamed entity for $13.25 million