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 UAE and New Zealand have signed an agreement to enhance collaboration in food security, a step aligning with the...

    Mariam bint Mohammed Almheiri, UAE Minister of Climate Change and Environment, and Damien O’Connor, New Zealand’s Minister of Trade, signed the MoA

    Officials from the two ministries will meet regularly to develop a plan for joint activities and programs aimed at advancing the MoA’s areas of cooperation

  • The net profit of Gas Arabian Services Co. has decline to $16 million.

    The firm’s net profit fell to SR60 million ($16 million), compared to SR73 million a year earlier, according to a bourse filing

    Despite the lower profit, the Dammam-based company seeks to pay SR2 per share as dividends

  • A prosecutor in Lebanon has issued travel bans against the heads of the boards of five Lebanese banks as a...

    Ghada Aoun, the judge, issued the bans against Salim Sfeir of Bank of Beirut, Samir Hanna of Bank Audi, A Sehnaoui of SGBL, Saad Azhari of Blom Bank, and Raya Hassan of Bankmed

    She has not charged any of them with a crime

  • The carmaker sold 600,000 fewer vehicles in 2021 than in 2020.

    The German automaker expects its sales to increase by 5-10 percent in 2022

    The world's second-largest automotive group's revenue rose 12 percent last year due to 'favorable pricing'

  • Oil prices rose by more than 20 percent this week, due to ongoing concerns about supply disruptions and Russian output.

    The Saudi index ended its week on Thursday (March 10, 2022) down by 0.4%

    Abu Dhabi index finished the week with a loss of 0.3% on Friday (March 11, 2022)

  • This action, among others, could be quite helpful in getting the UAE out of the so-called grey list of the...

    The Anti-Drug Section at the ADP’s Criminal Investigation Department (CID) detected a suspicious shipment

    It had arrived from a neighboring country at Khalifa Port, and was apparently meant to travel to Europe

  • Saeed Ahmad, Callsign’s Managing Director for the MENA region, explains how a single fraudulent message impersonating an entity can erode...

    Scams have targeted 66 percent of people in the UAE in recent years, and the phenomenon is spreading

    Around 50 percent of the region’s consumers lose faith in an organization whose name appears in a scam message

  • The UAE-Bangladesh Business Forum discussed ways to enhance cooperation between the two countries in the field of trade and investment,...

    An MoU was signed between the two to establish a joint UAE-Bangladesh Business Council.

    The UAE-Bangladesh Business Forum was held at DP World Pavilion at Expo 2020 today in the presence of ministers.

  • Dubai witnessed real estate and properties transactions worth AED13.4 billion ($3.64 bn) during the week ending 11 March 2022, according...

    The top three transactions were a plot of land in Trade Centre Second sold for AED198.15 million, followed by a plot of land that was sold for AED160.14 million in Palm Jumeirah.

    The sum of the amount of mortgaged properties for the week was AED3.83 billion, with the highest being a building in Palm Jumeirah, mortgaged for AED1 billion.

  • The Sharjah Chamber of Commerce and Industry (SCCI) and an Argentinian delegation discussed ways to enhance cooperation between the business...

    Sharjah Chamber and a delegation from Argentina discussed economic, trade and investment relations at a forum.

    Abdallah Sultan Al Owais, Chairman of the SCCI highlighted the importance of joint work to advance the existing relations.