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.
  • Emaar EC has signed a rescheduling agreement with the Saudi British Bank revising the terms of SR976.25 million Shariah-compliant outstanding...

    The amended terms of the facility also include a grace period up to June 2023 and a repayment starting from June 2023 until December 2029

    Before rescheduling, the financing period was from September 2014 until September 2021

  • Founder Mark Zuckerburg has told investors that people have a lot of choices for how they want to spend their...

    The company has been battling regulatory issues, negative headlines around bullying and disinformation.

    It lost one million daily users in the last quarter of last year but still has almost 1.9 billion, figures that dwarf every other platform.

  • French pharmaceutical group's overall sales rises 4.8% to $43.3bn in 2021.

    While Sanofi has yet to produce a jab against Covid, its Dupixent drug, which also treats eczema, has been a huge success

    The company posted overall sales of 37.8 billion euros ($43.3 billion) in 2021, a 4.8 percent increase

  • More than seven million foreign tourists visited Dubai last year, marking a "remarkable turnaround", the government of the Gulf city...

    The figure was up 32 percent on 2020, the first full year of the coronavirus pandemic, Dubai's economy and tourism department said in a statement

    This year, however, missile attacks since last month by Yemeni rebels on the United Arab Emirates of which Dubai is a member have prompted US and UK travel warnings

  • Oman has signed three agreements RO 94 million ($244 million) with the Saudi Fund for Development (SFD) for supporting SMEs...

    The first MoU dealt with supporting small and medium enterprises (SMEs) through a soft loan portfolio of RO 57.6 million.

    The second and third MoUs contribute to the funding of infrastructure projects in the Special Economic Zone at Duqm (SEZAD).

  • The MoU was signed by the president of the association, Wadih Al-Handal in the presence of the Governor of the...

    The MoU was signed by the president of the association, Wadih Al-Handal in the presence of the Governor of the Central Bank Mostafa Ghaleb

    Al-Handal pointed out that the memorandum of understanding will also focus on establishing joint training programs

  • The net of non-Jordanian investments during January 2022 showed a negative value of JD5 million ($7.05 million).

    The value of shares that were bought by non-Jordanian investors during January 2022 was JD11.2 million ($15.8 million)

    The value of shares sold by these non-Jordanian investors for the same period amounted to JD16.2 million ($22.85 million)

  • Zain-PlayHera joint venture aims to enhance the capabilities of esports professionals and nurture local talent in the regional markets

    The partnership, which delivers the first esports platform in the region, aims to enhance the capabilities of esports professionals

    It will also nurture local talent in the region’s markets by creating an enabling environment for esports content creators and designers

  • The Middle East Energy Event (formerly Middle East Electricity) will be held at Dubai World Trade Center from 7th-9th March....

    The event, formerly known as Middle East Electricity, will be held at Dubai World Trade Center from 7th-9th March.

    A study by Goldman Sachs revealed green hydrogen could meet 25 percent of global energy requirements in the next 30 years.

  • The Abu Dhabi Judicial Department (ADJD) has organized five-car auctions at the Al Mafraq vehicle impound area over the past...

    The vehicles were sold at competitive prices ranging from $544 to $69424.

    The five-car auctions generated a high influx of bidders, whose number exceeded 1,200.