INSEAD Day 4 - 728x90

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

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
  • The US aluminum producer will buy Alumina for US$2.2bn.

    Alcoa will offer 0.02854 of its own stock for each Alumina share, a 13 percent premium to the Australian group's Friday closing price

    Alumina shareholders would own 31.25 percent and Alcoa shareholders would own 68.75 percent of the combined company

  • Beijing, China--China's commercial vehicle sales soared 79.6 percent year on year to 324,000 units in January, according to industry data....

    According to the China Association of Automobile Manufacturers, some 289,000 trucks were sold during this period, a rise of 81.8 percent

    Xinhua News Agency said nearly 35,000 coaches were sold last month, an increase of 63.4 percent compared with the same period of 2023

  • Women First Jobs offers tailored solutions for women in the UAE, overcoming societal norms and unequal access to opportunities, says...

    Women First Jobs offers tailored solutions for women in the UAE, overcoming societal norms and unequal access to opportunities, says its CEO Priyanka Sengar.

    The portal is committed to breaking down barriers to women's professional success, including pay disparity and limited leadership representation, she adds.

  • Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023...

    Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023 despite significant investments.

    Despite significant investment, Virgin Hyperloop shut down in 2023, as technical challenges, safety concerns, and high costs continue to hinder hyperloop implementation.

  • Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023...

    Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023 despite significant investments.

    Despite significant investment, Virgin Hyperloop shut down in 2023, as technical challenges, safety concerns, and high costs continue to hinder hyperloop implementation.

  • ABU DHABI, UAE - The director general of the World Trade Organization, Ngozi Okonjo-Iweala, on Sunday launched a $50 million fund...

    The director general of WTO said the "ground-breaking initiative... embodies our collective commitment to empower women".

    The fund will help businesses run by women in developing countries to adopt digital technologies and increase their online presence.

  • ABU DHABI, UAE – Chairman of Eagle Hills International Mohamed Alabbar has said that US$4 billion joint venture Binaa Al...

    Binaa Al Bahrain aims to contribute to Bahrain’s long-term development through its iconic projects.

    The JV aspires to create job opportunities for Bahrainis in the real estate, hospitality and healthcare.

  • At the start of this month, Qatar said it would supply 7.5 million tonnes of LNG per year for 20 years...

    The expansion, will add a further 16 million tons of LNG per year to existing expansion plans

    Qatar is one of the world's top LNG producers alongside the United States, Australia and Russia

  • Riyadh, Saudi Arabia--Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz revealed on Sunday that an additional 15 trillion...

    The Saudi energy minister said that reserves at Jafurah had reached 229trn cubic feet of gas and 75bn barrels of condensates

    The Jafurah gas field, in Saudi Arabia's eastern province, is the largest liquid-rich shale gas play in the Middle East

  • It will carry out quality checks on pickup trucks.

    The automaker said the shipments were stopped on Feb. 9, but did not say when it expected to resume shipments

    The company began shipping this week the first newly designed gas-powered 2024 model F-150 pickups to dealers