INSEAD Day 4 - 728x90

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.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.
  • The company said it would no longer use angora wool.

    The company said it would no longer use the material across all of its lines from next year's fall-winter collection

    A growing number of fashion companies are adopting policies against using materials that require cruelty towards animals

  • The OPEC+ alliance led by Saudi Arabia and Russia has so far resisted US-led pressure to significantly boost output to...

    The emergence of the new Omicron variant of Covid-19 has put a shadow on whether OPEC+ will increase or decrease production

    The variant has led countries to reinstate travel bans and mull further restrictions that could tighten demand and hurt oil prices

  • UAE's first licensed drone delivery service provider, BARQ EV, has broken two Guinness World Records-- the longest (13.58km) flight of...

    BARQ EV broke the record for the longest (13.58km) flight of a drone for the delivery service.

    It also broke the longest (18.065km) non-stop return flight for a drone record.

  • The company announces a significant rise in oil and gas reserves.

    ADNOC plans to bring $43 billion back into UAE economy through ICV program.

    ADNOC's ICV program has driven AED105 billion back into the UAE economy and created over 3,000 jobs for UAE nationals.

  • Manchester United co-chairman Avram Glazer has acquired a franchise for a new T20 professional cricket league in the United Arab...

    The news comes after the Glazer family were outbid in their attempt to buy one of the two new franchises in the Indian Premier League

    "I am very excited to be a part of UAE T20 at its formation," Avram Glazer said

  • Ralf Wintergerst, Group CEO of 170-year-old German firm Giesecke+Devrient (G+D), said physical currency is a resilient form of payment and...

    Ralf Wintergerst said digital currency is a central bank-issued digital form of physical money and that it was different from cryptocurrency.

    In Germany and the Middle East there are a lot of opportunities for moving things like government services to people directly with digital solutions.

  • For the 11th time, dnata has been named Ground Support Services Provider of the Year at the 2021 Aviation Business...

    The company offers ground handling and cargo services at over 90 airports in 15 countries.

    As part of infrastructure growth, dnata broke ground on the second phase of the dnata City East project at London Heathrow.

  • The MoU will enhance the scope of digital transformation.

    The memorandum will enhance the scope of cooperation in technology and digital transformation in the civil aviation sector

    The GACA is keen to collaborate with international companies specializing in advanced technological fields to keep pace with the latest developments

  • Meat alternatives have become common in an increasing number of US households, thanks in part to Beyond Meat and Impossible...

    Meat alternatives have become common in an increasing number of US households, thanks in part to Beyond Meat and Impossible Food plant-based products

    In web 3.0, "users, creators and developers would have stakes and votes" in a platform in much the way a cooperative works

  • A total of 44 GCC brands, which include Emirates, Aljazeera, and ADNOC Distribution, figure in the 2021-2022 World Branding Awards....

    From the GCC region, Saudi Arabian brands win the maximum number of awards, followed by Bahrain.

    Al Jazeera and Ooredoo among the six winning brands from Qatar.