INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.
  • The company posted an increase of 41.7% in profit.

    The new fixed dividend policy stipulates that the company annually pays a minimum of 50% of its distributable net profit

    The company also approved the appointment of the Fatwa and Sharia’ Supervisory Board members for the year 2023

  • If the company raided is guilty of antitrust violations, it risks large fines but can be granted immunity if it...

    EU's executive arm said earlier its teams carried out unannounced inspections Monday at the premises of Red Bull.

    EU authority is probing allegations the company violated antitrust rules that prohibit cartels and restrictive business practices.

  • The company had reported a net profit of $182 m for 2022.

    A payout of 4.5 fils per share for the second half of 2022 would take the total dividend payment for 2022 to AED630 million ($171.5m)

    The increased payout reflects higher global energy prices and the company’s good operational performance for the year, Dana said.

  • Dividend of 13.5 fils per share highest ever in company's history.

    The dividend marks an increase of 1.5 fils per share on the 12 fils per share equivalent paid to shareholders in 2022.

    Tabreed said it added nearly 55,000 refrigeration tons of new connections in the UAE and across the region.

  • Manama, Bahrain – The Central Bank of Bahrain (CBB) has issued treasury bills with a maturity period of 12 months....

    The issue date of the bills is 23 March 2023 and the maturity date is 21st March 2024.

    With this issue, the total outstanding value of government treasury bills reached BD2 billion ($5.3 billion).

  • Women in the region need to be patient, attentive, and teachable to succeed at building a business. The skills women...

    Women in leadership roles can motivate next generation to work towards a sustainable future, says Maryam Al-Mansoori of Rebound Plastic Exchange

    Women can get a head start on their career by picking the brains of successful businesspeople and getting their feet wet at a young age, she adds

  • Women's achievements at all levels during the past 50 years are widely regarded as an essential foundation for shaping the...

    Emirati women succeeded in proving themselves in society as mothers and in the financial world as hard workers and leaders, says an expert.

    Women's achievements at all levels during past 50 years form an essential foundation for shaping the UAE's future, adds Alia Al Serkal of du

  • The inaugural $600m sukuk saw orders of over $2.2 billion.

    The profit rate was tightened by 30 basis points to 5.85%, at a spread of 185 basis points over US treasuries due to the robust order book.

    Middle Eastern investors received 80 percent of the sukuk allocation, Emirates NBD said.

  • Haute couture has given way to upcycled outfits, sourced entirely from used clothes, as the models strut, pause and pivot...

    The global fashion industry accounted for two percent of greenhouse gas emissions in 2019, according to the World Resources Institute

    Campaigners and a growing number of climate-conscious social media influencers have led a push toward sustainable fashion

  • SRC is looking to expand its refinancing portfolio.

    SRC said that the agreement is the latest in a series of similar deals to support mortgage financiers and originators

    It will provide liquidity, capital management, and balance sheet de-risking solutions to enhance real estate financiers’ capacity