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.
  • Its revenue jumped 41% to US$748 million in 2023.

    The company reported 93% hike in EBITDA to $876 million (AED3,217 million) as all business segments continued to perform strongly

    Its board of directors recommended distributing a cash dividend of $130m, equivalent to 6.45 fils per share, for the second half of 2023

  • Nearly 5% of its workforce will be hit by the cuts.

    According to several experts, job cuts can become a new trend for Silicon Valley in a big pivot to artificial intelligence

    It posted a revenue of $12.8bn in the quarter ending in late January, down 6% from the same quarter a year earlier

  • While love, loneliness, and excitement are easily exploitable emotions, any factor impacting someone’s emotional state can make them a target....

    Social engineering exploits individual vulnerabilities, using human nature to gain the unauthorized access.

    Heightened emotions, such as those around Valentine’s Day, can make individuals more susceptible to cyberattacks.

  • "Demand for natural gas has already peaked in some regions but continues to rise globally, with LNG demand expected to...

    Steve Hill, executive vice president for Shell Energy, said China was likely to dominate LNG demand growth in the current decade

    Industry and many governments argue that LNG is a "bridge fuel" between coal and renewables such as wind and solar

  • Dubai, UAE-- The UAE's economy has recorded the best growth rates in comparison to other economies in the region, according...

    The IMF official said the country's non-oil sector has significantly contributed to the country's economic resilience

    He said the UAE's diversification strategy has played a vital role in boosting the efficiency of the private sector

  • Chief Executive James Quincey described consumers in North America as "holding up well," although he acknowledged "a little softening" through...

    Revenues for the soda giant rose seven percent from the year-ago level to $10.9 billion, reflecting a two percent rise in volumes and nine percent increase in price/mix

    The ongoing conflict in the Middle East dented volume growth by about one point in the fourth quarter, said Chief Financial Officer John Murphy

  • It now predicts full-year net profit to touch US$6.1 billion.

    The conglomerate now predicts full-year net profit of $6.1 billion

    Sony also announced it would spin off its financial services division

  • "The CFO's role as an ESG guardian and promoter varies significantly across organizations. CFOs with limited ESG experience should deepen...

    Integration of ESG into finance sectors highlights the evolving expectations from CFOs.

    In-house research shows 89 percent of CFOs rate communication as the most vital skill.

  • The airline backs intensified oversight from the FAA.

    The company said it will support oversight from the Federal Aviation Administration after a near-catastrophic Alaska Airlines incident

    The Federal Aviation Administration grounded more than 170 MAX 9 planes for about three weeks. after the Alaska Airlines emergency

  • With 40 percent of UAE workers already exploring generative AI, the nation stands as a beacon of tech adoption, far...

    With 40 percent of UAE workers already exploring generative AI, the nation stands as a beacon of tech adoption, far surpassing the global average, say a report.

    AI and machine learning are viewed by UAE tech leaders as pivotal for reaching short-term objectives, outpacing the perceived utility of the metaverse, it adds.