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.

Zero trust remains an ongoing cybersecurity evolution

Achieving Zero Trust Data Resilience is not an overnight task but a journey requiring organizational alignment, continuous adaptation, and the...

‘Social media key to brand identity in 2022’

Changes in digital marketing have forced the hand of digital marketers in a do-or-die way, says Farhad Divecha, founder and...
  • Changes in digital marketing have forced the hand of digital marketers in a do-or-die way, says Farhad Divecha, founder and MD of AccuraCast, a UK leading digital marketing agency
  • Social media sites, according to Divecha, are where consumers turn to when they want to find out about or engage with a brand, So having that presence is as important

Many firms to join Pure Health

ADQ signs pact to create UAE's biggest healthcare platform.
  • Under the pact, Abu Dhabi Health Services Company (SEHA) and The National Health Insurance Company PJSC (Daman) will merge into Pure Health.
  • Tamouh Healthcare, Yas Clinic Group and Abu Dhabi Stem Cell Centre will also join Pure Health, which already has a diversified services portfolio.

Iran supplies gas for domestic consumption despite challenges: Minister

The Oil Minister of Iran Javad Owji has said that his country has not faced the need to cut the...
  • Iran used around 600 million cubic meters, around 100 million cubic meters in power generator stations, or its equivalent in gas oil, said oil minister Javad Owji.
  • The country has not faced the need to cut the gas in any area despite decreased pressure problem, he said.

Barter best payment method in Iran-Pakistan trade: Official

The Secretary-General of Iran-Pakistan Joint Chamber of Commerce Fahimeh Damroudi said that barter is the best choice of exchange as...
  • Iranian President Ebrahim Raisi has repeatedly underlined the importance of trade development with neighbors.
  • Iran's foreign trade reached $72.1 billion during the first nine months of the Iranian calendar year.

Mumzworld CEO says committed to supporting Mideast businesswomen

Mumzworld has over 350 staff, with over 6,000 brands and more than 300,000 products for sale on the website, and...
  • Mumzworld was built in 2011 to support women in the Arab world and help them to make informed decisions for their families.
  • Ataya told that she would use her new role as a mentor, and sharing the knowledge, skills, and successes with other women.

ADNOC awards $946m EPC contract

The contract awarded to NPCC for the development of Umm Shaif field.
  • Over 75 percent of the total award value will flow back into the UAE economy under ADNOC’s In-Country Value (ICV) program.
  • The award covers engineering, procurement, fabrication, installation and commissioning activities required to maintain Umm Shaif’s 275,000 mbd of crude production.

Ooredoo, Hutchison merge

New company is named as PT Indosat Ooredoo Hutchison Tbk.
  • The newly merged company will do business as PT Indosat Ooredoo Hutchison Tbk
  • Indosat Ooredoo Hutchison has the scale to accelerate Indonesia's transformation into a digital society

Japan tuna fetches $145,000 as Covid-19 affects year’s first auction

The buyer hoped that the first purchase would 'brighten' a Covid-hit 2022 for customers.
  • The price paid for a tuna at the first auction of the year at the Toyosu fish market fell for the third year running
  • The first tuna auction of the year in Tokyo is a closely watched affair where enormous sums are often paid

Sony arm to make EVs

The Sony Mobility subsidiary will be created in spring 2022.
  • The Japanese firm Sony announced the founding of a new EV company to dive into the world of electric mobility
  • Sony's Vision-S electric vehicle, with internal and external sensors, is being used to test autonomous driving technologies

What cyberthreats can Middle East expect in 2022?

Cyberattacks in the Middle East hit record levels in 2021. Reports suggest that malware, distributed denial of service (DDOS) attacks,...
  • Malware, DDOS attacks, ransomware, grew by double digits in 2021
  • Vulnerabilities in network devices and 5G, and advanced ransomware attacks will be major concerns

Zero trust remains an ongoing cybersecurity evolution

Achieving Zero Trust Data Resilience is not an overnight task but a journey requiring organizational alignment, continuous adaptation, and the...

Company News

Latest News

SAB sees $26m negotiated deal

The deal does not directly impact the last deal price.

Rival branches of Central Bank of Libya reunite

Libya's central bank announced that its two rival branches in the west and east are reuniting after nearly a decade...

NDF helps in financing of US$2.2bn renewable energy project

RIYADH, SAUDI ARABIA -  The National Development Fund (NDF) on Sunday said it will contribute US$453 million (SAR1.7 billion) to...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Bread-short Tunisia to restore flour supply to some bakeries

Since the beginning of August, European-style bakeries selling baguettes in the formerly French-ruled country had been prevented from accessing their...
  • Days later those same bakeries also stopped receiving non-subsidized flour and semolina from the state, which controls the supply of all such essential goods in the country.
  • Economists attribute the bread shortage partly to speculation but, more broadly, to the lack of cereals. Tunisia's debt is around 80 percent of gross domestic product.

Brazilian exports to Arab countries up 8% in seven months

Dubai, UAE -- The Arab Brazilian Chamber of Commerce (ABCC) recorded a surge of 8 percent in Brazilian exports to...
  • Brazilian exports to the the kingdom totaled to $1.873 billion in the first seven months of 2023, while exports to exports to the United Arab Emirates amounted to $1.646 billion.
  • Kuwait also witnessed an increase in the Brazilian exports, which amounted to $157.78 million during this period.

Hungarian companies want to expand work in Russia, says PM Orban

BUDAPEST, HUNGARY – Hungarian Prime Minister Viktor Orban said that companies from his country plan to expand their activities in...
  • Hungarian Prime Minister Viktor Orban made the statement at a meeting with the head of Russia’s Tatarstan region Rustam Minnikhanov in Budapest.
  • The head of Tatarstan came to Budapest at the invitation of Orban in connection with the Hungarian national holiday, St. Stephen's Day.