INSEAD Day 4 - 728x90

Business

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.

Dubai Customs, Dubai Chambers discuss support for private sector

DUBAI, UAE - Dubai Customs and Dubai Chambers discussed supporting  businesses and the private sector and enhance the emirate’s competitiveness...
  • Dubai Customs, Dubai Chambers discussed their shared plans and strategies, including the electronic integration of services.
  • They also discussed the development of new services to consolidate Dubai’s position as a major global economic hub in the next 10 years.

Orient, Mashreq sign partnership

They will launch Orient Educare, a savings and insurance plan.
  • Orient Educare is designed to provide Mashreq customers with a low-risk savings plan that offers investment growth and insurance.
  • The new product is designed for individuals and families looking to prepare for education fees or retirement.

SEDD discusses cooperation with Matajer

SHARJAH, UAE - Sharjah Economic Development Department (SEDD) received a delegation from Matajer - one of the most important commercial...
  • SEDD contributes to planning and leading the economic development of the emirate.
  • The department contributes to strengthen the partnership between government and private sector.

Qatar receives more than 600,000 visitors in December

Doha, Qatar-- Qatar has received more than 614,000 visitors during the month of December 2022, a monthly increase of 3.7...
  • The highest number of visitors were from the Gulf Cooperation Council at 40 percent
  • The total deposits and credit facilities of commercial banks rose at a monthly rate of 4.3 percent and 2.7 percent

Passion for football catapults housebound Jordanian to stardom

Abu Nawas grew up spending much of his time watching football matches, analysing the teams and playing football video games.
  • Abu Nawas's videos usually feature him wearing a football jersey, excitedly commenting on matches and news from the world of football
  • He lamented that in Jordan "nobody cares" about people with diseases like his, and said he wished he had had the opportunity to attend school

Jordanians look to replace gas-guzzling cars with electric versions

Amman, Jordan--Jordanians are increasingly adopting electric cars in a push towards abandoning the fuel-guzzling cars that have become so hard...
  • Head of the Jordan Free Zones Investors Association, Mohammad Bastanji, said that the local market is witnessing a growing demand for electric vehicles
  • President of the National Society for Consumer Protection Mohammad Obeidat stressed the importance of "keeping up with the times" and owning an eco-friendly electric car

Iraq is a key trade partner of Jordan, says Kingdom’s Commerce Chamber head

AMMAN, JORDAN - Chairman of the Jordan Chamber of Commerce (JCC), Khalil Haj Tawfiq said Iraq is an "important" trade...
  • Jordanian-Iraqi economic relations have witnessed development due to the joint trade agreements and projects signed between the two countries.
  • There is a need to increase joint trade exchange and overcome obstacles to entry of the two countries' products and commodities in both the countries markets.

UAE participates in G20’s sustainable finance working group meeting for 2023

ABU DHABI, UAE - The UAE recently participated in the first Sustainable Finance Working Group (SFWG) meeting within the G20...
  • The meeting, held at Guwahati, India, sought to discuss and agree on the group’s main points for 2023 in line with the priorities of the Indian Presidency.
  • G20 members, invited countries, sustainable finance working group country members, international organization like IMF also attended the meeting.

DEWA begins receiving research papers for MENA Solar Conference

Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has started receiving requests from researchers and scientists to submit their research papers...
  • Saeed Mohammed Al Tayer, MD and CEO of DEWA, said that the conference is the first scientific and technical conference of its kind in the region
  • He said the conference will be held in conjunction with the Water, Energy, Technology, and Environment Exhibition (WETEX) and the Dubai Solar Show (DSS) 2023

Dubai Marathon to be held on February 12 at Expo City

Dubai, UAE-- The 2023 edition of Dubai Marathon will be held at Expo City Dubai on 12th February, 2023, according...
  • The committee organizing the event said the city was chosen as the venue of the marathon because it represents Dubai’s vision of serving as a bridge between cultures
  • It will bring together elite athletes from around the world after a break of two years due to the pandemic

Creators HQ, X announce strategic partnership to produce authentic, meaningful content

Dubai, UAE - Creators HQ in the UAE, the world’s first international hub for the content economy’s creators and entrepreneurs,...

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Oman to expand production of green hydrogen to boost non-oil economy

Hong Kong - The government of Oman’s targets to expand local green hydrogen production could support key credit metrics, such as...

SFD-financed Arkiz Agricultural Project in Mauritania inaugurated

Dubai, UAE -- The Arkiz Agricultural Project in Mauritania, which has been financed by the Saudi Fund for Development (SFD)...

$661m plot of land among weeklong real estate deals in Dubai

The emirate recorded a total of 3,785 real estate transactions worth AED 16.6bn ($4.51 billion) during the week ending 22...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

ESG and sustainability redefine UAE financial markets

"The UAE's success in establishing a fully regulated carbon market, integrating carbon regulation to manage and trade emissions effectively, providing...
  • Nadim Najjar of LSEG highlights UAE's commitment to net-zero emissions and sustainable practices.
  • Strategic alliance between ADX and LSEG exemplifies a commitment to sustainability, he adds.

2023: A year of technological triumphs in the GCC

This year, the GCC region has solidified its technological leadership, with AI, blockchain, and the metaverse leading the charge in...
  • In 2023, the GCC region has solidified its technological leadership, with AI, blockchain, and the metaverse leading the charge in transforming various sectors.
  • The GCC's 2023 tech journey has been marked by significant strides in sustainable technology, cybersecurity, and a bold entry into space exploration.

10m people attend Riyadh Season 2023 events in first 50 days, says report

RIYADH, SAUDI ARABIA - According to the Riyadh Season, 10 million people took part in the activities organized in the...
  • Riyadh Season 2023 started in late October, and since then, it has witnessed a large visitor turnout at all entertainment areas.
  • At the Season, visitors can enjoy concerts, exhibitions, festivals and other events in which celebrities and prominent brands participate.