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.
  • Malaa Technologies will launch its banking operations in Saudi Arabia after it obtained an approval from the kingdom’s central bank.

    Malaa has concluded its integration efforts with the Arab National Bank’s systems to become the first lender whose customers can link their accounts directly through open banking

    It seeks to contribute to the National Savings Strategy and plans to work with the financial sector development program partners to achieve these goals

  • The Makkah Chamber of Commerce and Industry and Jordan have signed an agreement to boost economic ties between the two...

    The deal holds considerable significance as trade exchange between Saudi Arabia and Jordan was still “below expectation” despite common interests

    Saudi Arabia is the second-largest commercial partner for Jordan

  • The UAE Government on Friday announced the official working hours during the holy month of Ramadan for ministries and federal...

    The decision also allows federal authorities to implement flexible working and remote work systems on Fridays during the month

    The rules for working from home stipulate that both employees and their work should meet related requirements

  • Hermes group runs three stores in Russia, including one in the Gum department store on Red Square, and employs 60...

    Hermes group runs three stores in Russia, including one in the Gum department store on Red Square, and employs 60 people in the country

    Chanel, which has 17 stores in Russia, said that “major uncertainty and the complexities of operating” had led it to temporarily suspend its operations in the country

  • The rate of Iraq's exports during February amounted to 3.314 million barrels per day.

    The rate of Iraq's exports during the month amounted to 3.314 million barrels per day

    The revenues for March will be higher than the last month, based on the current market data

  • The announcement of the $2.2 billion investment came on the same day Tesla got the green light from local officials...

    The announcement of the $2.2 billion investment came on the same day Tesla got the green light from local officials to start production at a new plant near Berlin

    Volkswagen aims at dominating the electric car market by 2025 as it accelerates the pace to catch up with US pioneer Tesla

  • The total number of real-estate transactions in Dubai stood at 2,131 for the week ended March 4.
  • Dubai Gold & Commodities Exchange (DGCX) registered trades with a total value of $13.681 billion in February 2022, as global...

    The exchange registered a monthly Average Open Interest (AOI) of 125,206 contracts during February and saw its precious metals' portfolio lead trading activity.

    DGCX's West Texas Intermediary (WTI) Futures gained traction following increased volatility in oil markets.

  • Dubai International Boat Show (DIBS), which will be held from March 9 to March 13, will witness 34 launches and...

    This is MENA yachting industry's first international in-person event since the COVID-19 pandemic. It will run at Dubai Harbour.

    The region home to 12.6 percent of global superyachts, the world's second-highest fleet-to-billionaire ratio.

  • Telecom Egypt has posted a net profit of $535 million for 2021, a seventy four percent jump compared to the...

    The rise in profit came in line with a 16 percent surge in revenues year-on-year, reaching 37 billion Egyptian pounds

    The Egypt-based company also contributes to national digitization projects