INSEAD Day 4 - 728x90

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.
  • Dubai, UAE -- The UAE’s real estate sector extended its upward trajectory in March, with robust project launches, steady construction...

    Dubai records landmark AED422 million apartment sale as luxury segment demand accelerates further.

    Abu Dhabi sees rapid sell-outs, with AED6 billion in Yas Island project sales within 72 hours.

  • The dividend represents 100 percent of its share capital. The company reported record property sales of approximately $19.4 billion in...

    EBITDA increased 52 percent to roughly $3.9 billion, with net profit before tax reaching $4.2 billion.

    The developer highlighted a revenue backlog of approximately $34.1 billion supporting future growth visibility.

  • The dividend is equivalent to 43.75% of paid-up capital.

    It was approved at a meeting attended by 85 percent of shareholders.

    The company also ratified its 2025 financial statements and performance report.

  • Dubai, UAE — Dubai Chambers, in collaboration with Dubai Customs and DP World, convened a meeting with around 100 private...

    Dubai brings public and private sectors together to address logistics disruptions and ensure smoother trade flows.

    Industry leaders explore practical solutions to enhance efficiency and adapt to evolving global supply chain pressures.

  • The proposed buyback represents about 0.6% of the company’s total shares. The board of directors has been authorized to take...

    The repurchase will be carried out in coordination with the Securities and Commodities Authority and the Abu Dhabi Securities Exchange (ADX).

    IHC did not provide further details on the timing of the repurchase in the latest disclosure, but the move comes as the conglomerate seeks to enhance shareholder value.

  • The increase in loss is due to impairment charges, weaker prices.

    Excluding the impairment, the company would have reported a net profit of SAR 17 million for the year.

    Earnings per share fell to SAR 12.05 per share in 2025, compared with a loss of SAR 0.73 per share in 2024.

  • Higher land plot sales boost revenue and operating income.

    Revenues increased 59.2% to 2.9 billion riyals in 2025 from 1.82 billion riyals in 2024.

    Despite the strong annual performance, the company reported a decline in fourth-quarter earnings.

  • The petrochemicals' company's revenue also fell 17.7 percent.

    Despite the revenue decline, gross income edged up slightly to SAR 85.4 million, compared with SAR 84.5 million a year earlier.

    In the fourth quarter of 2025, Tasnee reported a net loss of SAR 2.04 billion, compared with a loss of SAR 97.7 million in the same period a year earlier.

  • Cultural nuance matters deeply in MENA. Communication styles differ across the Gulf, the Levant, and North Africa. Comfort with camera-based...

    Systems trained on narrow behavioral norms may inadvertently penalize those who express themselves differently.

    In societies where interpersonal trust and relational fit remain central to business culture, removing human judgment entirely could be counterproductive.

  • The profit for the year up 32.2% to reach $1.96bn.

    DP World invested $3.1 billion in 2025 capex, expanding global port capacity to 109 million TEU.

    The company cut Scope 1 and 2 emissions 14% from 2022 levels, with 67% of electricity sourced from renewables.