INSEAD Day 4 - 728x90

Economy

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 backbone of the digital economy is upskilling: Jayney Howson

AI won't replace jobs, but reskilling will unlock its true potential—lifelong learning is the key, Jayney Howson, SVP of Learning...

Economy

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading...

Opinion
Interview

Middle East faces a few hurdles in ESG investments

Creating a coherent ESG policy is perhaps one of the biggest challenges for the region, which is heavily reliant on...
  • Creating a coherent ESG policy is perhaps one of the biggest challenges for the region, which is heavily reliant on hydrocarbons, says an expert
  • Efforts should also be made to make decisionmakers understand the financial aspects of ESG on businesseses, adds Sunil Rana, Founder and CEO of Vyzrd
Business

Dubai Chamber of Digital Economy hosts industry workshop

DUBAI, UAE - Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has hosted the...
  • The workshop saw discussions on topics surrounding regulations, funding, talent, and infrastructure.
  • The dialogue sought to provide clarity and a better understanding of the opportunities and challenges faced by e-commerce companies.
Geostrategy

Saudi meet stresses carbon capture vital for net-zero goals

Riyadh, Saudi Arabia – Net-zero goal cannot be achieved without carbon capture and there is a need to scale up...
  • The King Abdullah Petroleum Studies and Research Center held a high-level roundtable on Carbon Management Technologies.
  • In 2022, investment in the carbon capture utilization and storage hit $6.4 billion.
Business

Abu Dhabi delegation in Israel explores business opportunities

ABU DHABI, UAE -  A delegation of 10 Abu Dhabi entities visited Israel from  February 12-16 to discuss business cooperation...
  • The Abu Dhabi delegation participated in the 2023 OurCrowd Global Investor Summit in Israel.
  • The delegation hosted the Abu Dhabi Pavilion showcasing business and investment opportunities in the emirate.
Business

DEWA CEO discusses bilateral cooperation with Emerson

DUBAI,  UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA)  Saeed Mohammed Al Tayer received a high-level...
  • DEWA, Emerson discussed advancing sustainability and consolidating foundations for environmental, social, and corporate governance.
  • Clean energy makes about 14 percent of the total energy production capacity in Dubai.
Geostrategy

Tunisia’s Saied kicks out Europe’s trade unionist for ‘interference’

Earlier in Saturday, Esther Lynch, Europe's top trade union official took part in a demonstration organized by the UGTT trade...
  • The Saturday's protest were partly organized to demand the release of senior UGTT official Anis Kaabi, who was arrested on January 31 following a strike by toll booth staff
  • Esther Lynch, Europe's top trade union official had given a speech to thousands of people at a demonstration organized by the UGTT in Tunisia
Geostrategy

Israel slams ejection of envoy from African Union summit

Israel condemned the "severe" expulsion of a senior diplomat from the African Union summit, accusing Iran of orchestrating the move...
  • A spokesman for the Israeli foreign ministry described the incident as "severe," noting Bar-li was "an accredited observer with an entry tag".
  • African states should "oppose these actions, which harm the African Union movement and the entire continent," the spokesman added.
Economy

Tunisian trade union protest against plunging economy

SFAX, TUNISIA - Thousands of Tunisian trade unionists held protests across the country on Saturday over worsening economic woes and the...
  • The North African country is in drawn-out talks with the International Monetary Fund for a bailout loan
  • Demonstrators in Sfax, where the largest protest took place on Saturday, chanted "Tunisia is not for sale!"
Geostrategy

UAE, India mark first anniversary of signing CEPA with series of events

DUBAI, UAE -  Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi has marked the first anniversary...
  • The Federation of Indian Chambers of Commerce and Industry is on a four-day visit to the UAE to mark the signing of CEPA.
  • The FICCI delegation comprises over 100 exporters, start-ups and business owners.
Economy

Ukraine and IMF reach deal paving way for ‘full-fledged’ loan

Washington, United States--The IMF said Friday it has reached a staff-level agreement with Ukrainian authorities that opens doors to a full-fledged...
  • The government submitted a package of draft tax laws to Parliament aimed at lifting revenues, and is taking steps to address arrears, among other efforts
  • Apart from the IMF's work with Ukraine, the World Bank has also mobilized over $18 billion in emergency financing for the country

The backbone of the digital economy is upskilling: Jayney Howson

AI won't replace jobs, but reskilling will unlock its true potential—lifelong learning is the key, Jayney Howson, SVP of Learning...
Economy

Company News

Latest News

UAE to strengthen digital infrastructure in Azerbaijan

Abu Dhabi, UAE – The UAE and Azerbaijan have signed a Memorandum of Understanding (MoU) aimed at strengthening the digital...
Economy

GCC soars in global space race with key advancements

Saudi Arabia's new Saudi Space Agency and first ISS mission, coupled with UAE's Hope Probe and lunar projects, underscore their...
YEARENDER

Eurozone business activity continues downward trend in December

BRUSSELS, BELGIUM - Business activity in the eurozone slumped at a faster rate in December, weighed down by a deeper downturn...
Economy
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Economy

Palestine sees 3.7% economic shrink amid conflict

The World Bank reports a severe economic downturn in Palestinian economy due to Israel-Hamas conflict, with Gaza's economic contribution falling...
  • The World Bank reports a severe economic downturn in Palestinian economy due to Israel-Hamas conflict, with Gaza's economic contribution falling from 36% to 17% since 2005.
  • Despite the conflict in Gaza causing job losses, infrastructure damage, and rising poverty, the Palestinian banking sector has shown resilience amidst the ongoing crisis, it adds.
Business

UAE GDP set to double in 2024 from oil and non-oil boost: report

Dubai, UAE - The UAE’s GDP is expected to double in 2024 to 4.8%, up from 2.4% year-on-year in 2023,...
  • The UAE has been actively pursuing non-oil sector expansion as part of its economic development plans
  • The recent successful sovereign bond sale, which raised US$1.5 billion, has bolstered these efforts
Business

ADCB, EIH sign agreement

ADCB to sell 80 percent stake in ADCP to Nine Yards Plus.
  • The transaction values ADCP at US$161 million and ADCB will gain of nearly US$133 million subject to closing conditions before end of December 2023.
  • ADCB will retain a 20 percent stake in ADCP post transaction and will continue its partnership via a long-term relationship agreement.