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.
  • ADQ of Abu Dhabi has partnered with Turkey Wealth Fund to launch Turkey Technology Fund that will invest in venture...

    ADQ and TWF established the fund to undertake investments in high-growth, Turkish start-ups with innovative business models

    Turkey Technology Fund – ADQ TWF will invest in companies developing emerging technologies or improving existing technologies in significant sectors such as energy and utilities

  • A cruise ship docked in a Tunisian port on Wednesday for the first time since 2019, carrying over 700 passengers...

    The Spirit of Discovery, run by UK operator Saga, landed at La Goulette port on the edge of Tunis where it was welcomed by camels and a band playing traditional Tunisian music

    The ship was carrying 724 passengers, mostly British but also German, Italian and Spanish, according to Tourism Minister Moez Belhassen

  • Hub71, Abu Dhabi’s global tech ecosystem, said on Wednesday that its startup community secured AED 30 million ($8.1m) in 2021...

    Hub71 boasts startups from 25 nations across 18 diverse sectors, ranging from FinTech, Robotics, AI & Big Data to HealthTech, AgTech and Cybersecurity.

    About 1,000 jobs were created, while the aggregate valuation of the startups soared to AED5.87 billion, the hub said in a report.

  • Dubai’s real estate market recorded 474 sales transactions worth AED1.52 billion ($413 million) and mortgage deals of AED441.56 million, in...

    Mortgage deals amounted to AED441.56 million and 11 gift transactions to AED27.4 million, according to Dubai Land Department.

    During the week ending 18 March, the emirate recorded $2.53 billion worth of real estate and properties transactions.

  • A land bridge linking up the western part of Saudi Arabia with its eastern region will cost some $26 billion...

    According to the minister of transport and logistics, Saleh Al-Jasser, the money will go into building infrastructure and trains

    The contracts will be signed within a year, and the implementation of the project will take 5 to 7 years, Al-Jasser said

  • Researchers are considering a mutual fund to compensate farmers in the event of losses linked to the reduction of synthetic...

    Researchers are considering a mutual fund to compensate farmers in the event of losses linked to the reduction of synthetic fertilizers and pesticides

    According to World Vegetable Center, farmers in Vietnam, Laos and Cambodia have been misusing harmful pesticides

  • Shuaa Capital, the Dubai-based fund manager, has set up a $250 million venture debt fund in order to shore up...

    According to the company, the Shariah fund, to be listed in Abu Dhabi’s market, will focus on technology ventures “seeking alternative sources of capital”

    Early-stage businesses are dominating investments with VC funding to the Middle East and North Africa startups soaring to $2.6 billion in 2021

  • Saudi Arabia accounted for 22 percent of GCC investments to Latin America during 2016-2021, followed by Qatar with 1 percent.

    Saudi Arabia accounted for 22 percent of GCC investments to Latin America during 2016-2021, followed by Qatar with 1 percent

    The report, titled Cultivating Ties: Deepening trade and investment between Latin America and the GCC, was issued ahead of the Global Business Forum Latin America 2022

  • Survey analyses the impact of COVID-19 on small businesses, the key verticals of growth and the growing acceptance of digital...

    Survey analyses the impact of COVID-19 on small businesses, the key verticals of growth and the growing acceptance of digital payments

    With adoption of digitalization, 41 percent of the respondents have seen increased purchases through social media channels

  • It is hard to balance sustainable developments and what people want in the market, especially when it comes to pricing,...

    Designing a building, putting up construction plans in terms of materials until the demolition are responsibilities of a sustainable property developer

    The real estate market in Dubai had a 65 percent increase in the number of transactions and a 71 percent increase in value in 2021.