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.
  • Saudi Arabia's Ministry of Environment, Water and Agriculture (MEWA) has inaugurated the first Saudi farm exporting Murciano goats in Riyadh....

    The Murciano goats produces 800-1000 liters of milk every year on average.

    The goats, also known as Murcia-Granada, have a lactation period of around 210 days.

  • The UAE's Department of Municipalities and Transport (DMT) said that service fees for real estate units’ owners and investors in...

    In 2020, the service charges were reduced by 18.1 percent, with another 8.3 percent reduction introduced in 2021.

    DMT introduced a comprehensive mechanism to monitor and regulate residential units' service charges in 2020.

  • Qatar Airways has secured an injunction preventing Airbus from cancelling deals for other jets as the two are involved in...

    The airline has now grounded 22 of its 53 A350 jets since November 2020, and said it will move ahead with legal action.

    In retaliation, Airbus has in turn sought to cancel orders made by Qatar Airways for two other A350 jets and 50 A321neo planes.

  • Companies holding the license will be able to work within a stimulating environment at the DIFC Innovation Hub.

    The license is expected to advance the country's Artificial Intelligence Strategy 2031.

    The license provides an opportunity to obtain the UAE Golden Visas for employees.

  • Egypt's Suez Canal Authority announced Tuesday additional tolls for transiting vessels including fuel tankers, as oil prices soar in the...

    Petroleum gas tankers will see a 10 percent hike on passage fees while liquefied natural gas carriers and general cargo ships will incur a seven percent increase.

    Ships carrying petroleum products will be hit with a five percent rise under the new tolls, which are effective immediately.

  • The two companies will form a joint venture company.

    The two companies will study joint plans to produce iron oxide pellets, the primary feedstock required for Direct Reduction steel plants.

    At 1.5 billion tons, Mauritania has the largest iron reserves in the Arab world and Africa.

  • The Internal Auditors Associations of the UAE and Saudi Arabia have signed a cooperation agreement to work the internal auditing...

    The agreement aims to develop a framework for corporate governance to enhance investor confidence.

    The agreement defined the frameworks for joint cooperation between them in several areas, most notably the participation in organizing of internal audit conferences.

  • Despite the global closures and economic crisis, the tourism sector in the Gulf region fared well in 2021 due to...

    Despite global closures and the economic crisis, the tourism business thrived in 2021

    The sector is likely to rebound in 2022 after faltering due to lifting travel restrictions

  • Italy imports around 95 percent of the gas it uses, and around 45 percent of that comes from Russia.

    Russia last week invaded Ukraine, causing the United States and its allies to impose sanctions on Moscow

    The conflict also sparked alarm among countries like Italy, which depend on Russia for their energy needs

  • This regulation reportedly aims to improve the manner of the reporting of violations of the Capital Market Law and its...

    The Board of Directors of Saudi Arabia’s Capital Market Authority gave its approval to this regulation

    The move is said to be part of the authority’s efforts to better control and develop the local capital market