INSEAD Day 4 - 728x90

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

e& posts 11.6% revenue growth

The H1 net profit hits $1.63 billion.

TECOM profit up 9%

Revenue, occupancy drive earnings higher

DAE H1 profit $229m

Growth triggered by higher earnings, stron cash flow
  • The World Trade Center will deliver and oversee a new world-class regulatory framework of Virtual Asset legislative and enforcement policies.

    The announcement follows the efforts to further develop Dubai virtual assets and markets, includes creating a framework for financial products.

    The Dubai World Trade Centre will collaborate with the private sector and relevant entities in Dubai to create an attractive environment for the sector.

  • French lending giant BNP Paribas said Monday it had sold its US retail and commercial banking arm Bank of the...

    BNP has owned the bank since 1979 and operates 555 branches in 20 US states, with over 9,000 staff.

    The French lender said the US arm had accounted for around five percent of its group-wide pre-tax earnings of between 12 and 14 billion euros in recent years.

  • Dubai airport, one of the world's busiest travel hubs, is fully operational for the first time since the coronavirus pandemic...

    Travel via Dubai increases at the end the year, with foreigners -- who make up the majority of the emirate's population -- heading home for the holidays.

    Since the pandemic began, the UAE has registered over 744,400 cases, including 2,152 deaths.

  • Dubai is now home to 15 marinas with more than 3,000 berths, which can accommodate an array of pleasure craft...

    Dubai is now home to 15 marinas with more than 3,000 berths, which can accommodate an array of pleasure craft and luxury yachts as well as superyachts and gigayachts

    More than 200 superyachts were registered across the Middle East as of 2019 with Dubai being the base for many of these vessels, says a report by Oxford Business Group

  • The UAE announced Sunday it will no longer censor cinematic releases, introducing a 21 and above age rating for films...

    The UAE has decided that it will no longer censor cinematic releases

    The country has introduced a 21 and above age rating for films it classifies for mature audiences

  • Abu Dhabi Ports Group has signed an agreement with the Aqaba Development Corporation (ADC) of Jordan to build a cruise...

    It will be the first facility to be developed by AD Ports Group in Jordan.

    Under the agreement, AD Ports Group's digital arm, Maqta Gateway will also manage the implementation of an advanced Ports Community System.

  • Alpha Dhabi Holding, the Abu Dhabi-based conglomerate, has announced that it will be investing about AED1 billion in the Abu...

    Alpha Dhabi has announced targeting AED8 billion for investments in real estate, hospitality and healthcare.

    TA’ZIZ is an industrial services and logistics organization that enables and supports the growth of the Ruwais Industrial Complex.

  • India's Minister for Commerce and Industry Piyush Goyal has said that his country's goal is to become the UAE's number...

    UAE commits $100 billion investment and infrastructure creation in India, says Piyush Goyal.

    The UAE-India CEPA will be India’s fastest-negotiated Free Trade Agreement ever between two nations, he said.

  • Michele Montecchio was appointed as Country Manager for the Middle East.

    Paul Collins, after driving the Acer Middle East and Africa business for seven years, has decided to retire.

    Rossi has been with the firm since 2007, having started in product development.

  • Non-fungible tokens are digital items whose certificates of authenticity and ownership are registered on blockchains, the technology behind cryptocurrencies.

    From art to fashion, the creative industries have been quick to experiment with this innovation

    NFTs, meanwhile, have sparked excitement and skepticism alike in the tech sector