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.
  • iPhone users can download alternative app stores.

    The changes expected to take place in March will curtail the dominance of the App Store

    The company said on Thursday the Digital Markets Act has created "privacy and security risks"

  • Hong Kong-- The global Islamic finance market would touch US$4.9 trillion by 2025, according to Yazrin Syakhairi, Malaysian Trade Commissioner...

    The official said the Islamic finance market is seeing significant and rapid growth worldwide, surpassing the size of US$2.2 trillion in 2022

    He said the Islamic finance industry has seen a noticeable growth in the Middle East and the Association of Southeast Asian Nations (ASEAN)

  • It grounded the Boeing 737 MAX after in-flight safety episode.

    The airline's financial hit is the latest ripple effect from the episode, which prompted regulators to ground 171 MAX 9 planes

    With 65 planes affected by the grounding, Alaska Airlines expects to bring the jets back into service beginning Friday

  • Abu Dhabi, UAE-- The UAE and Malaysia have signed a memorandum of understanding (MoU) to boost investment cooperation in the...

    The agreement envisages setting up collaboration by developing bilateral relationships between public and private organisations

    The trade ties between the UAE and Malaysia have climbed up, with non-oil trade volume surpassing $2.22bn in H1 of 2023

  • GFH Financial Group has made significant investments in healthcare, education, logistics, and private lending in Saudi Arabia and the UAE,...

    GFH Financial Group has made significant investments in healthcare, education, logistics, and private lending in Saudi Arabia and the UAE, its CEO tells TRENDS in Davos.

    To counter potential US recession and inflation, the group's strategy emphasizes investing in digital payments, mobile apps, and AI technologies for robust growth.

  • The 2024 outlook for GCC IPO markets shows strong potential with diversified sector participation, bolstered by government support for both...

    The 2024 outlook for GCC IPO markets shows strong potential with diversified sector participation, bolstered by government support for both state-owned and private offerings.

    ADNOC Gas' large IPO underscores the region's market robustness, while the technology sector reclaims the lead in IPO proceeds, showcasing dynamic market strength.

  • The 2023 net profit of Vodafone Qatar increased to $148 million.

    Vodafone Qatar’s net profit for the nine months ending September 2023 reached US$107 million.

    This reflects a growth of 17.3 percent compared to the same period in 2022, mainly driven by higher EBITDA.

  • The move comes after Activision Blizzard gaming buyout.

    Alongside the layoffs, Blizzard president Mike Ybarra said he was leaving the company.

    Microsoft launched its blockbuster takeover in January 2022, an acquisition that made it the world's third-largest gaming company by revenue.

  • The group will supply 200 unmanned helicopters to UAE defense ministry.

    The unmanned VTOL systems will be manufactured by Switzerland-based EDGE entity, ANAVIA.

    In November 2023, EDGE acquired a 52 percent majority shareholding in ANAVIA, which manufactures unmanned helicopters.

  • NEOM, SAUDI ARABIA - NEOM's Board of Directors has announced the launch of Zardun - an exclusive resort and natural...

    This move will help in supporting NEOM's efforts to develop luxury ecotourism in the Kingdom.

    Zardun Nature Resort will feature four ultra-luxurious buildings that will blend with the landscape.