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.
  • The company said it was 92% booked for the first quarter of 2024.

    Profit after taxation jumped to 2.7 billion euros ($2.9 billion) in 2023 from 431 million euros in 2022, the airline conglomerate said in a results statement

    The company also issued a rosy outlook rooted in "robust" demand, adding that it was 92-percent booked for the first quarter of 2024 and 62-percent booked for the first half

  • The company is cutting about 5 percent of its workforce.

    The company behind hits including soccer game "FC24" is also "sunsetting" some titles and stopping development of others it thinks will not be successful

    The annual report Electronic Arts last year indicated it had 13,400 employees, meaning about 670 positions are being eliminated

  • Cairo, Egypt--Egypt has signed seven Memoranda of Understanding (MoUs) on Wednesday in green hydrogen and renewable energy with seven global...

    The agreements to set up geen hydrogen projects represent a new step or the Sovereign Fund of Egypt in its partnerships with global companies

    The green projects are expected bring in investments of $12bn for the pilot phase and $29bn for the first phase, for a total of $40bn over 10 years

  • The airline reported record revenue of US$32.49bn in 2023.

    The airline also posted revenue of $32.49bn, while adding that it had returned to positive equity for the first time since 2019

    The airline alongwith subsidiary Transavia transported a total of 93.6 million passengers last year, up 10.3 million on 2022

  • Sharjah, UAE – Petrozo Energy, a leading Singapore-based oil and gas company, has announced a plan to establish a new...

    Petrozo operates a global network with offices across Indonesia, India, Thailand, the UAE, Hong Kong, Bangladesh, the USA and other countries

    The company is renowned for its extensive portfolio, producing a variety of products including fuel oils, petrochemicals, bitumin and naphtha

  • The collaboration is expected to boost private sector in Qatar.

    The two agreements align with the bank's initiatives to bolster the private sector and create investment opportunities

    The collaboration will enhance the provision of training programs and field training to equip investors and fund managers

  • The statement said Disney will hold 36.8 percent, Reliance will hold a 16.3 percent stake, and Viacom18 another 46.8 percent....

    India's entertainment market is already one of the world's biggest, with the merger expected to further shake up the multi-billion-dollar industry

    Reliance, an oil-to-telecom conglomerate led by billionaire tycoon Mukesh Ambani, will invest $1.4 billion into the new company

  • The Kingdom's property sector is driven by a projected $3 trillion GDP by 2030 and evolving consumer preferences towards homes...

    The Kingdom's property sector is driven by a projected $3 trillion GDP by 2030 and evolving consumer preferences towards homes equipped for remote work and wellness.

    Amid evolving market needs, there's a rising demand for flexible workspaces and experiential retail and hospitality spaces, coupled with demand for commercial office space.

  • The 39-year-old mixed business with pleasure while in Japan, going skiing with his family and learning about sword-making from a...

    Meta chief Mark Zuckerberg is on a mini-tour of Asia that includes stops in Japan, India and South Korea, where he travelled on Tuesday night

    He and Kishida met and discussed a broad range of topics including the status of AI's technological advancement and the risk surrounding generative AI

  • It had dedicated nearly 2,000 workers for the program.

    According to media reports, the target of "Project Titan" began around 2014 to develop a fully autonomous car

    The company has never publicly disclosed its EV plans, despite a steady drip of media leaks over the years