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.

Audi’s sustainable Middle East luxury drive

The Arab countries are experiencing a significant surge in the adoption of electric vehicles (EVs), particularly favoring premium models, says...

GAL signs MoU with GMF

The MoU is aimed at maintenance, repair, overhaul.
  • The MoU also provides for cooperation in the field of capability development to attract domestic and international military markets.
  • GAL is a UAE company engaged in aircraft Maintenance, Repair and Overhaul.

World Cup: Saudia to operate 780 flights to ferry fans to Doha

Riyadh, Saudi Arabia---Saudi Arabian Airlines (SAUDIA) has announced it will allocate 780 scheduled, additional and shuttle flights connecting Riyadh, Jeddah,...
  • To cash in on the expected rush of fans, both UAE and Saudi Arabia have announced multiple-entry visas for fans.
  • Qatar has also reopened the mothballed Doha International Airport to cater to the additional flights.

Thousands of cyclists take part in annual Dubai Ride

Tens of thousands of cyclists rode down the skyscraper-lined superhighway that meanders through the middle of Dubai on Sunday morning,...
  • The bikes raced down Sheikh Zayed Road, a 10-lane asphalt jungle that gives drivers a view of the world’s tallest building
  • As dawn broke, bicyclists posed for photographs along the highway and cheered as they zipped along

Qatar Civil Aviation Authority braces for arrival of football fans

Doha, Qatar— Qatar Civil Aviation Authority has promised a "unique travel experience" for football fans of the World Cup in...
  • The authority's Air Navigation Department has completed its preparations for the World Cup as well
  • The landing and take-off procedures have been separated into two runways to increase the capacity for take-off and landing operations

Twitter begins rolling out new paid subscription

A week after Elon Musk took over the company, Twitter has begun rolling out a controversial new paid subscription system....
  • Jack Dorsey tweeted to apologize for growing the site too quickly a day after roughly half the company's 7,500 employees were fired by Musk
  • Musk has insisted that content moderation remains a priority, that the rules had not changed, and that he would create a council dedicated to this task

Great editors act as teacher, help create great authors

“I have two very important roles - the first, to be the mouth-piece for my authors in the publishing house,...
  • The job as an editor is to form a truly intimate relationship (with authors), and forge a wonderful friendship, says an expert
  • An editor is like a surgeon; we have to be precise with our criticism but also remain sensitive to our authors to give them constructive feedback, another expert adds

Saudi, Australian ministers discuss trade, bilateral ties

Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef met the Australian Assistant Minister of Industry for Manufacturing...
  • The Saudi delegation’s visit to Australia also included participating in the International Mining and Resources Conference + EXPO (IMARC).
  • The Saudi delegation highlighted initiatives to develop the industrial sector.

Iranians stage new protest actions despite crackdown

Iranian students protested and shopkeepers went on strike despite a widening crackdown, according to reports on social media, as demonstrations...
  • As the working week got underway, security forces adopted new measures to halt protests at universities in Tehran.
  • An official in Kerman province admitted the authorities were having trouble quelling the protests that erupted after Amini's death on September 16.

Iran admits it had sent drones to Russia before the war

Iran admitted for the first time that it has sent drones to Russia, but insisted they were supplied to its...
  • Ukraine and its Western allies have accused Russia of using Iranian-made drones in recent weeks to carry out attacks.
  • The European Union and UK have imposed sanctions on three Iranian generals and an arms firm accused of supplying Russia with drones.

Total broad money supply in Qatar reaches US$189bn in September 2022

The Planning and Statistics Authority (PSA) has released the 105th issue of (Qatar; Monthly Statistics) bulletin for the month of...
  • One of the most prominent changes is the increase in the general index by a positive month-on-month change rate of 1.22 percent compared to August 2022.
  • The largest increase was in the entertainment and culture category with 6.03 percent, compared to the previous month.

OpenAI reveals new GPT-4o model that is faster and free for all users

OpenAI on Monday launched a new AI model and desktop version of ChatGPT, along with an updated user interface, the...

Company News

Latest News

ADDED launches program to improve SMEs’ access to financial services

Abu Dhabi, UAE -- The Abu Dhabi Department of Economic Development (ADDED) has launched a program to improve the access...

International migration flows to OECD countries at record highs in 2022

Paris, UAE -- Permanent migration to OECD countries reached 6.1 million in 2022, a 26 percent increase compared with 2021,...

China begins probe into indebted asset management firm

Zhongzhi Enterprise Group managed assets worth more than one trillion yuan ($141 billion), according to investment bank Nomura. But the...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Gulf Air hit by data breach

It said client database may have been compromised.
  • The airline said its operations and critical systems "were fully intact" and that there were no disruptions to its flight schedule
  • It said the details of the breach were shared with the authorities and it was working with them to investigate "the matter thoroughly"

Jordan’s jewelry, pharmaceutical exports rise in January-September 2023

AMMAN, JORDAN – The Kingdom’s exports of jewelry increased by 71.5 percent during the January-September period of 2023 and pharmaceutical...
  • The value of Jordan’s exports of jewelry until the end of September amounted to about US$858 million.
  • The value of the Kingdom’s exports of pharmaceutical products until the end pf September was about US$531 million

Indonesia’s exports to UAE expected to rise by $4bn with CEPA trade pact

Jakarta, Indonesia - The Comprehensive Economic Partnership Agreement (CEPA) is expected to increase Indonesia’s exports to the UAE by around...
  • UAE was Indonesia’s second-largest trading partner in the Middle East in 2022
  • Indonesia recorded $61.8 million in direct investment from the UAE in Jan-September 2023