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.
  • UAE has saved $191 billion by using alternative sources of energy, according to Suhail Al-Mazroui, UAE energy minister. Speaking at...

    Energy minister Suhail Al-Mazroui said his country is working on 40 international projects helping other countries implement solar and wind projects.

    UAE has plans to capture 25 percent of the global hydrogen market share, Al-Mazroui told IPTC 2022 Riyadh.

  • Kuwait Airways announced an expanded, $6 billion deal with Airbus that includes 31 new planes on Monday, restructuring an agreement...

    The deal comes after occasionally "heated" negotiations following probes over allegations of kickbacks surrounding the initial, 25-plane order

    The new agreement includes nine Airbus A320neo, six A321neo, three A321neo LR, four A330-800neo, seven A330-900neo and two A350-900

  • ADX’s market liquidity jumps five-fold in 2021 amid IPO boom, as traded values on the exchange increased 407 percent from...

    Traded values on the exchange increased 407 percent from AED 145 billion ($39.47 billion) in 2020 to AED 739 billion in 2021.

    Local investors accounted for 70 percent of the exchange’s traded value, while foreign institutional investors accounted for 30 percent.

  • Jordan has recorded a seventeen percent increase in the export of agricultural products to JD734 million in 2021, compared with...

    Khaled Hneifat, Minister of Agriculture, said that agricultural exports comprised 17.1 percent of the Kingdom's total exports in third quarter of 2021

    Hneifat noted about 61,000 tons of imported agricultural produce were either resent to origin or destroyed after failing to meet Jordanian standards

  • The ceremony among others was attended by the Minister of Industry, Commerce and Tourism Zayed bin Rashid Al Zayani and...

    The ceremony among others was attended by the Minister of Industry, Commerce and Tourism Zayed bin Rashid Al Zayani and US Ambassador to the Kingdom of Bahrain Steven C. Bondy

    The USTZ project follows the visit of the UAE's Crown Prince and Prime Minister Salman bin Hamad Al Khalifa to the USA in November 2019

  • The minister is visiting Rabat, economic capital Casablanca, and tourist hub Marrakesh as well.

    Israel Economy Minister Orna Barbivai arrived in Morocco for a visit aimed at developing economic and trade ties

    Rabat purchased Israeli defense technology after an a visit by the Israeli defense minister in November 2021

  • The deal they signed is expected to support the development in various activities and events in the field of marine...

    DIMC is the government entity responsible for organizing marine sports activity in the emirate

    Dubai-based marina operator and yacht destination P&O Marinas is a subsidiary of DP World

  • A cross-border media investigation broke Sunday claiming that Switzerland's second-largest bank had held tens of billions of dollars of ill-gotten...

    A cross-border media investigation broke Sunday claiming that Switzerland's second-largest bank had held tens of billions of dollars of ill-gotten funds

    Credit Suisse rejected the "allegations and insinuations" in a statement Sunday, saying that many of the issues raised were historical, some dating back as far as the 1940s

  • Now, the fastest-growing job profiles in the GCC include a mix of both pandemic-resultant and non-pandemic-resultant positions.

    Traditional jobs such as healthcare personnel and core corporate operations are still in high demand around the world

    Employment rates in the Gulf region have risen by 40% annually, thanks to the UAE and Saudi Arabia

  • While biometric identity management systems have helped improve the pandemic-like situation to some extent by enabling officials at border gates...

    Adoption of advanced technologies for border control management have their share of risks. Also, the integrity of data sets can be corrupted through targeted attacks.

    The biometric identity management systems have helped improve the pandemic-like situation to some extent by enabling officials at border gates to identify passengers at faster rate