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 dividend is 53.4 percent of the net profit earned by the firm last fiscal.

    The total dividends to shareholders amounted to AED3.15 billion since its inception in 2004, Empower said.

    The company reported total revenue of AED2.464 billion in 2021, increasing 9.3 percent compared to 2020.

  • At a landfill in southern Gaza, mounds of discarded batteries pile up, rusting cells that pose a growing health risk to...

    Batteries are an essential power source in Gaza, where public electricity supply is sparse and infrastructure has decayed since an Israeli blockade of the enclave began in 2007

    Battery collection is also a source of income for the impoverished territory, where unemployment rates hover around 50 percent

  • Telegram's founder Pavel Durov has accepted that "Telegram channels are increasingly becoming a source of unverified information related to Ukrainian...

    The fake account of Ukraine's President which was asking Ukrainian forces to surrender reached 20,000 followers on Telegram before it was suspended by the company

    Telegram decided not to restrict its access in Russia and Ukraine territory as many users complained that it's an important source of information

  • About 28,000 Airbnb hosts around the world, including 2,800 in France, are currently offering accommodation for refugees.

    About 28,000 Airbnb hosts around the world, including 2,800 in France, are currently offering accommodation for refugees

    donations of more than $1.2 million have poured into its refugee fund, the company told AFP

  • Several of these companies, symbols of American cultural influence in the world, have been the subject of boycott calls on...

    Several of these companies, symbols of American cultural influence in the world, have been the subject of boycott calls on social media

    Starbucks, Coca-Cola and PepsiCo announced their own decisions to halt or restrict business in quick succession, noting the growing human cost of the invasion

  • Striking partnerships with companies in the West have helped the two Gulf countries emerge as one of the major exporters...

    The business strategy stems from the belief that GCC has a plethora of renewable energy sources that can be tapped into to produce hydrogen

    Both the UAE and Saudi Arabia have access to natural gas supplies for blue hydrogen and nuclear power for pink hydrogen

  • AHOY, a UAE and Saudi operating logistics startup, has raised $20 million in financing from undisclosed investors. 

    AHOY uses tech-driven infrastructure to optimize mobility for enterprises, and will use its latest funding to expand its reach to African and Latin American markets

    It has grown 25 times in terms of revenue, number of transactions, and tech deployment from 2020 to 2021

  • The number of registered educational companies within the Ajman Free Zone (AFZ) grew by 17 percent in 2021 compared to...

    Ajman Free Zone is home to more than 240 educational facilities in 2021.

    AFZ attributed the growth to its strategic location, modern facilities and infrastructure, innovative and seamless services.

  • Mental health is a priority for 99 percent of female and 92 percent of male executives, according to the Gender...

    The survey with 300 leaders, of all ages, across 57 countries, was aimed at raising awareness around gender equality.

    Loneliness as a challenge within the workplace has decreased from 2021 and was referenced by fewer than 15 percent of the participants.

  • Yahsat Government Solutions (YGS) and Al Seer Marine PJSC will test line-fitting unmanned vessels with advanced Comms-on-the-Move (COTM) satellite communications...

    The two entities signed an MoU regarding the same on Tuesday at World Defence Show in Riyadh according to a press release

    The MoU will enable Al Seer Marine to build on Yahsat’s extensive experience in delivering highly secure satellite communications