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.
  • It pointed to energy prices and good asset performance for the rise.

    The firm posted a net profit of €3.7 billion ($4.2 billion) after a loss of €1.5 billion in 2020

    The emergence of the Covid-19 pandemic had roiled the global economy and energy prices

  • The properties grow Investcorp’s US industrial real estate holdings to approximately $3.5 billion across approximately 32 million square feet comprised...

    The properties grow Investcorp’s US industrial real estate holdings to approximately $3.5 billion across 32 million square feet comprised of more than 425 buildings

    The latest acquisitions provide Investcorp with Class B+/B industrial warehouses that are 95 percent leased

  • The rise was said to have been supported by growing demand and expanded efforts to enhance food security and diversify...

    Imports, at $12.8 billion, accounted for the largest share of the UAE’s F&B trade during January-September 2021

    This was followed by exports at $4.1 billion and re-exports at $3.3 billion over the same period last year

  • Mazars informed the Trump Organization in a letter last Wednesday that it would no longer work for the company.

    Mazars informed the Trump Organization in a letter last Wednesday that it would no longer work for the company

    The accounting firm added that an investigation of its own and "information received from internal and external sources" had also played a part in it reaching that conclusion

  • Zachary Horwitz has swindled millions in a huge Hollywood Ponzi scheme to finance a lavish lifestyle of yachts, jets and...

    35 year old American actor swindled $650 million in multi-million dollar Ponzi scheme

    Judge Mark Scarsito sentenced Horwitz to 20 years and ordered him to repay $230 million to his victims

  • The first-ever such case came as the Securities and Exchange Commission (SEC) looks to establish regulatory authority over digital currency...

    The first-ever such case came as the Securities and Exchange Commission (SEC) looks to establish regulatory authority over digital currency services

    "This is the first such case involving crypto lending platforms," SEC chair Gary Gensler said in a release

  • The UAE Food & Beverage Business Group enables the active participation of professionals, Emiratis and SMEs to support the food...

    The UAE Food & Beverage Business Group enables the active participation of professionals, Emiratis and SMEs to support the food sector

    The Middle East Sugar and Calorie Reduction Programme was also unveiled at Gulfood as the first series under the NDP

  • Google once used the slogan "don't be evil" to distinguish itself from its competitors, but now a growing number of...

    They are taking on Google Analytics, a product used by more than half of the world's websites to understand people's browsing habits

    The smaller players know they are not going to overturn Google's domination, rather their aim is to inject a bit of fairness and choice into the market

  • TikTok is among top ten most downloaded apps in the region, particularly in Saudi Arabia, UAE, and Qatar, says Hany...

    The cumulative follower total of the top 10 GCC TikTok personalities grew from 24.6 million at the beginning of 2020 to 54.6 million in February 2021

    Food, sports and comedy are among the most popular content pillar on TikTok

  • Brazil Special Opportunities Fund I is Mubadala's first fund in Brazil.

    The fund raised capital from a diverse set of global investors, including a leading public pension fund, family offices and corporates among others.

    Mubadala Capital manages over $10 billion of assets in third-party managed funds across its Brazil, private equity, public equities and venture capital businesses.