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.
  • SEOUL, SOUTH KOREA – South Korean flag carrier Korean Air said on Thursday it will sign a US$13.7 billion deal with...

    The move comes after the European Union approved the airline's takeover of smaller rival Asiana.

    The deal involves the purchase of 27 A350-1000 and six A350-900 aircraft, Korean Air said.

  • EGA is to buy 100 percent of firm from Leichtmetall Holding.

    The transaction is expected to close during the first half of 2024, subject to obtaining regulatory approvals.

    Leichtmetall’s production mainly consists of hard alloy billets up to 1,150 millimetres in diameter

  • MOSCOW, RUSSIA – Russia does not see the risk of trading oil at a loss due to the redistribution of...

    Lavrov expressed confidence that Moscow is not frightened of relying on countries that will buy Russian oil and gas.

    OPEC+ regulates the market and prices in an equitable manner, taking into account the interests of consumers, the minister said.

  • ABU DHABI, UAE – Bayanat AI PLC and Al Yah Satellite Communications Company each issued a circular on Thursday calling...

    The respective shareholders of each entity will vote on the proposed merger of the two Abu Dhabi-headquartered and ADX-listed entities.

    The proposed would create one of the most valuable publicly listed space companies in the world with potential for significant global growth.

  • The four companies filed a rare joint amicus brief in a California court in charge of applying a ruling that...

    The Apple Plan comports with neither the letter nor the spirit of the Court's mandate," Meta, Microsoft, X and Match said in their joint filing on Wednesday, in support of Epic

    The plan's "new restrictions are plainly designed to render alternatives to Apple's in-app purchases impractical for developers, and inaccessible to consumers," the companies said

  • The gains have been helped by a weaker dollar and the gold's attraction as a safe haven as geopolitical tensions...

    Equity markets in New York and across Asia surged and the dollar retreated

    Gold traders also joined the party to push the precious metal to as high as $2,220 per ounce

  • It comes amid a slowdown in the tech sector IPOs.

    The company is set to debut Thursday on the NYSE under the ticker RDDT after an IPO priced at $34 dollars a share

    It was created in 2005 and was quickly sold to Conde Nast, the publisher of Vogue and the New Yorker magazine

  • The funds, according to the King Salman Humanitarian Aid and Relief Centre (KSrelief), would support UNRWA's "humanitarian relief efforts in...

    Israel accused some of UNRWA's employees of involvement in the October 7 Hamas attack

    The UN has said that Israel has not provided it with any evidence for the allegations

  • Of all the tech giants, Microsoft has moved the fastest into adopting generative AI, integrating its powers into a whole...

    Suleyman is one of the biggest names in the artificial intelligence revolution that is taking the technology world by storm and his hiring is a major move by Microsoft

    Suleyman said that some key collaborators at Inflection, including co-founder Karén Simonyan, had "chosen to join" his team at Microsoft

  • It breached an agreement on terms for paying media firms.

    French regulators said the fine was for "failing to respect commitments made in 2022" and accused it of not negotiating in "good faith" with news publishers

    France has been a test case for the rules and after initial resistance Google and Facebook agreed to pay some French media for articles shown in web searches