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.
  • The Egyptian football club Ghazl El Mahalla has put off its listing on the stock exchange to April. The listing...

    The prospectus, according to Mohamed Maher, from investment bank Prime Holding, for the initial public offering on the Egyptian bourse will be completed within days

    The sporting club had earlier closed a private placement of 37 million pounds ahead of the public offering

  • India has unveiled the first part of a drive to attempt to turn the world's third-largest emitter of greenhouse gases...

    Green hydrogen is produced using non-fossil fuel power to then be utilized in carbon-heavy industrial processes like making steel and concrete, and for transportation

    The country aims to produce five million tonnes of green hydrogen annually by 2030

  • A total of 2,098 real estate transactions worth AED4.5 billion ($1.22 billion) were conducted during the week ending 18 February...

    A total of 252 plots were sold for AED1.1 billion, 1,437 apartments and villas were sold for AED2.47 billion.

    Among the top three transactions was a plot of land in Palm Jumeirah that sold for AED60 million.

  • Six African countries have been chosen to establish their own mRNA vaccine production, the World Health Organization said Friday, with...

    Egypt, Kenya, Nigeria, Senegal, South Africa and Tunisia were selected as the first recipients of technology from the WHO's global mRNA vaccine hub

    The WHO set up a global mRNA technology transfer hub in South Africa last year to support manufacturers in low- and middle-income countries to produce their own vaccines

  • The company nearly doubled its brokerage revenues in 2021.

    The company attracted 1,500 new accounts over the past year compared to 1,060 in 2020.

    BHM said it allocated a total income during 2021 of AED 65.4 million compared to about AED 41 million last year with a growth rate of 60 percent.

  • Saudi Parts Center Co. will begin trading on Nomu, the Saudi stock exchange's parallel market, on Monday, according to a...

    The Riyadh-based company received the Saudi stock market regulator’s approval for listing last year, in late December

    Established in 1988, Saudi Parts Center is an affiliate of AlKhorayef Group, operating under the machinery systems division

  • The two lifelong friends from Florida never sought the limelight, but then they built a multi-million-dollar empire selling digital art...

    Under the pseudonyms "Gargamel" and "Gordon Goner", they created the "Bored Ape Yacht Club", a collection of 10,000 cartoons of apes with various hairstyles and outfits

    The story has refocused attention on anonymity in the world of cryptocurrencies

  • The move is said to be conducive to strengthening the regulatory environment of the cooperatives sector and driving their economic...

    The development is apparently the first of its kind in the region

    It is aimed at growing the cooperative sector’s contributions to the economy

  • The entire amount resulted from a total of a combined 14,958 sales and mortgage transactions.

    Yas Island is said to have topped the list of best performing areas, with real-estate deals worth AED4.1 billion ($1.12 billion)

    Reem Islands comes second with AED3.2 billion ($871.34 million), and Saadiyat was third with AED2.5 billion ($680.74 million)

  • The UNCTAD’s Global Trade Update said all major trading economies saw imports and exports rise above pre-pandemic levels in the...

    The global trade volume in the year gone by was an increase of 25 percent on 2020

    It was also 13 percent higher compared to 2019, before the Covid-19 pandemic struck