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.
  • Britain on Sunday defended lobbying Saudi Arabia to up its oil output as energy sanctions on Russia hit Western consumers,...

    Senior cabinet minister Michael Gove did not deny a report in The Times on Saturday that Prime Minister Boris Johnson is set to visit Riyadh this week

    The newspaper said Johnson will lobby Saudi Crown Prince Mohammed bin Salman to help offset the impact of the Ukraine-linked sanctions

  • Arabian International Healthcare Holding Co., also known as Tibbiyah, has posted a fourteen percent drop in net profit to $21...

    Despite the fall in profitability, the company's board proposed the distribution of SR3 per share in dividends for 2021

    The company said the drop in profit was caused by a decline in sales

  • Saudi Arabian Military Industries (SAMI) will hire more staff and most of them will be women in order to support...

    Unit last year, SAMI had about 2,500 employees, with 82 percent Saudization and females representing 22 percent of the workforce

    At the end of 2021, SAMI was among the top 85 defense companies in the world

  • Sweeping social reforms, including lifting the infamous ban on women driving, have transformed life for many Saudis, but rising costs...

    According to the official data, women made up more than a third of the workforce in 2021

    Over 200,000 women in Saudi Arabia have been issued driving licenses since 2018

  • The key trading link is setting new records, said the government, quoting the Suez Canal Authority.

    About 10 percent of global trade, including 7 percent of the world’s oil, flows through the Suez Canal

    First opened in 1869, the canal is a source of national pride and foreign currency to Egypt

  • The residential complex is located in Bir Al-Souk in Morocco.

    The residential complex is expected to have 12 buildings consisting of three floors and a basement

    Each floor contains four apartments, with each apartment having an area of 72 square meters

  • Saudi Arabia will grant industrial licenses to facilities operating in the renewable energy sector and power plants in order to...

    The Ministry of Industry and Mineral Resources and the Ministry of Energy have partnered with the Non-Oil Revenues Development Center to grant the licenses

    The Ministry of Industry and Mineral Resources also provides many incentives and benefits to investors in the sector

  • In order to lower its dependence on Russian oil and gas, Germany is looking toward Qatar to fulfill its energy...

    Germany is to close its last nuclear power plants this year and plans to build its first liquefied natural gas terminal within two years

    Qatar is one of the countries that recently have been approached by the US to reroute gas supplies to Europe

  • The business model of the news media is ‘broken’ and with it, our fundamental right to information is at risk,...

    The UNESCO analysed media development trends from 2016 to 2021 and found that global newspaper advertising revenue has fallen by half during the five year period

    The report indicates that news outlets often struggle to get clicks from readers that determine advertising revenue, and many find themselves “squeezed out”

  • The Abu Dhabi Express is a direct, non-stop bus service, making its routes the quickest means of transport, enabling passengers...

    The Abu Dhabi Express is a direct, non-stop bus service, making its routes the quickest means of transport, enabling passengers to get to their destinations

    The Abu Dhabi Express services will all use the main bus station in Abu Dhabi city as an arrival point