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.
  • A total of 1,99The real estate and properties transactions valued at AED4.1 billion were recorded in Dubai during the week...

    The transactions included 287 plots that were sold for AED1.08 billion, while 1,059 apartments and villas were purchased for AED2.25 billion.

    The top three transactions were a plot of land in Al Hebiah Fifth that sold for AED190 million, followed by land that was sold for AED 45 million in Al Thanyah First.

  • Carbon transition policy must be tailored to each country’s needs and dynamics, Majid Jafar, the CEO of Crescent Petroleum, said.

    Carbon transition policy must be tailored to each country’s needs and dynamics, Majid Jafar, the CEO of Crescent Petroleum, said

    Crescent Petroleum became one of the first companies in the industry to achieve carbon neutrality across its operations in 2021

  • Tirza, a former Israeli army colonel, says his company Yozmot Ltd aims to produce a body-worn camera enabling police to...

    Tirza, a former Israeli army colonel, says his company Yozmot Ltd aims to produce a body-worn camera enabling police to scan crowds and detect suspects in real time

    Facial recognition in law enforcement has sparked global criticism, with US tech giants backing away from providing the technology to police, citing privacy risks

  • The new UAE-based start-up is trying to instil the virtues of economy among teenagers in the region

    The app is currently available on iOS and Android in Bahrain, allowing teens to pre-register for Savii cards

    Savii has constituted a youth advisory board, enabling teens to have a say in the product design and functionality

  • In 2021, Triple-A estimated global crypto ownership rates at an average of 3.9 percent, with over 300 million cryptocurrency-owners and...

    Consultancy firm Triple-A estimates global crypto ownership rates at an average of 3.9 percent

    The number of cryptocurrency investors is expected to rise in 2022, mainly in the UAE and Bahrain

  • The ministry of oil endeavors to support all initiatives and efforts to gradually shift from traditional to clean and renewable...

    The companies include South Gas, Basra Gas, Shell and Siemens Energy, Schlumberger, Baker Hughes

    The forum will be used for discussing the programs for developing the renewable energy sectors in Iraq

  • The Saudi Central Bank has announced the opening of two branches of two Iraqi banks in Riyadh, and confirmed the...

    The bank also indicated the allocation of more than one billion Riyals ($270 million) to the Sports City.

    In 2021, the second training program for employees of the Central Bank of Iraq was started

  • Qatar is in talks with the US and other gas exporters to prepare a contingency plan for a possible disruption...

    The talks with Qatar and some EU nations have focused on new ways to secure alternative seaborne liquefied natural gas cargoes

    Officials are concerned that Europe could face widespread chaos, with blackouts and industrial disruption, if Russian gas exports fall sharply following an invasion

  • The setting up of the Gulf Cooperation Council Interconnection Authority in 2019 has enabled countries in the Middle East to...

    Savings have come from a reduced need for new generation plants, thus lower operating and maintenance expenses, and reduced carbon emissions

    In a two-day meeting, the parties agreed on preparing a business case to explain the benefits of electrical connection and to complete the required procedures

  • The UAE and Singapore will explore ways to enhance bilateral relations in light of the agreement signed between the two...

    The ideas to boost ties were discussed in a meeting between Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Teo Chee Hean, Singapore’s Senior Minister

    They also discussed various issues of mutual interest including global efforts to speed up recovery to reach pre-pandemic levels