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 Chinese real-estate firm has $300 billion in liabilities.

    In recent months, Evergrande has repeatedly said it will finish its unfinished projects and deliver them to buyers

    This, despite the company having missed a payment of more than $1.2 billion earlier this month

  • As ecommerce expands, companies are becoming more aware of the region's shifting consumer behavior and needs, say experts.

    Retailers in the region are becoming more aware of the necessity to create ‘brand.com’ sites

    AR and AI will become more commonly used to improve the consumer experience

  • KPMG International announced annual aggregated revenues for KPMG firms globally of $32.13 billion for the fiscal year ending 30 September 2021....

    KPMG International announced annual aggregated revenues for KPMG firms globally of $32.13 billion for the fiscal year ending 30 September 2021.

    Advisory grew 17 percent, Audit 4 percent and Tax & Legal Services at 8 percent, the firm said. 

  • Fireworks and laser lights were launched to announce the new record as pavilion’s employees and public gathered in the ‘opportunities’...

    This is a new record as nearly 30 percent of the total number of visitors to Expo visited the Saudi Pavilion since its official opening.

    The Kingdom's pavilion at Expo 2020 Dubai succeeded in increasing its visitors through its various economic events and cultural activities.

  • Dubai’s Department of Economy and Tourism (DET) has launched an online portal that provides a ‘One-Stop-Shop’ for timeshare operators to...

    The Timeshare Portal supports the legal framework created by Dubai’s new Timeshare Law.

    It allows allows potential operators to register and submit their applications for timeshare properties and obtain a permit as a licensed timeshare operator.

  • Inspectors also visited a total of 193 restaurants and cafes and took required measures against 17 outlets.

    The Ministry of Health announced that it had taken the required measures prior to referring both food outlets to legal authorities

    This came during an inspection campaign conducted in cooperation with the Ministry of Interior and the Ministry of Industry

  • More than 6,000 flights have been canceled worldwide over the long Christmas weekend and thousands more were delayed, a tracking...

    Pilots, flight attendants, and other employees have been calling in sick or having to quarantine after exposure to Covid-19

    A scramble to reroute pilots and planes and reassign employees was underway, but Omicron's surge has upended business

  • The two sides talked about Expo 2020 Dubai and the importance of the Arab countries' participation therein.

    The discussion took place in a meeting between UAE Deputy Prime Minister Sheikh Mansour bin Zayed Al Nahyan and Morocco Prime Minister Aziz Akhannouch

    They are also said to have reviewed the latest developments in the Arab region and exchanged views over a number of regional and international issues of common interest

  • In the Middle East, Saudi Arabia, Egypt, and the UAE account for nearly 80 percent of the overall ecommerce market.

    A PwC report indicates that UAE consumers are making purchases on smartphones (53 percent), computers (39 percent) and tablets (31 percent)

    As a result, the UAE’s retail ecommerce market reached $3.9 billion in 2020, indicating a 53 percent year-on-year increase

  • Grankraft has leased 323,000 sq ft of land in the free zone.

    The MoU was signed by Hamriyah Free Zone Authority Director Saud Salim Al Mazrouei and Grankraft Director J George

    George said his company was always looking for new ways to develop its services and build landmarks