INSEAD Day 4 - 728x90

Economy

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.

European stocks firm as markets await US inflation data

London, United Kingdom - Europe's main stock markets steadied Friday as traders reacted to more earnings updates from top companies, while...

Saudi looks to raise $55 billion from sale of assets, public-private partnership

Oil rick kingdom had recently announced a privatization plan that includes identifying 160 projects  Saudi finance minister Al-Jadaan opened a...

UAE submits draft of political declaration on corruption to UN

Law enforcement, criminalization, international cooperation, assets recovery focus of draft

UAE supports international efforts to combat corruption

The UAE in 2020 ranked 21 out of 180 countries across the world in Transparency International’s Corruption Perceptions Index, which...

UAE unveils three initiatives to mark World Environment Day

UAE’s Ministry of Climate Change and Environment has signed an MoU with idea innovator company Ideanco to collaborate in promoting...

Turkey’s central banker tries to calm market jitters

Turkish economy expanded by 7 percent between Jan and March but inflation more than triple the government's target of 5...

Expats in Saudi Arabia remit $3.54 billion in April

Expat workers make up three quarters of workers in the Kingdom, with most coming from countries such as Syria, India,...

Oil rises to $72 for the first time in 2 years as demand soars

Also boosting oil this week was a slowdown in talks between the United States and Iran over Tehran’s nuclear program,...

UAE, Lithuania explore economic cooperation prospects

Lithuania's pavilion at EXPO 2020 Dubai will be inspired by concepts of innovation, sustainability and innovation

India exports grew 67 percent in May despite Covid-19 caseload

Sector-wise, the increase was spurred by growth in demand for engineering goods, petroleum products, gems, jewelry, pharmaceuticals and iron ore

Global food prices rise fastest in May: FAO

Surge in international prices of vegetable oils, sugar and cereals lead to the increase in Food Price Index

Economic forum in Amman to enhance trade ties between Iraq, Jordan

AMMAN, JORDAN - The Iraqi Business Council, in collaboration with the Jordanian and Amman Chambers of Industry, is set to...

Company News

Latest News

10th Arab-China Business Conference ends with Riyadh Declaration

Riyadh, Saudi Arabia -- The 10th edition of the Arab-China Business Conference successfully concluded on Monday with the announcement of...

UAE and South Korea agree to support SMEs, entrepreneurship

Dubai, UAE-- The UAE and South Korea are aiming to foster cooperation to promote entrepreneurship and support growth of small...

US exhorts Tunisia to agree to IMF reforms after EU offer

The EU offered a 900-billion-euro aid package -- contingent on Tunisia reaching an IMF deal. But Tunisian President Kais Saied...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

UAE and Russia hold talks to eliminate double taxation

Dubai, UAE--The UAE and Russia have held the second round of negotiations on the double taxation agreement on income and...
  • The agreement is designed to provide protection to taxpayers from double taxation and remove bottlenecks on the path of trade and investment
  • The UAE noted the importance of dialogue in fostering better bilateral relations with Russia, resulting in growth in trade, finance and investment

Dubai leads global FDI in cultural, creative industries in 2022

Dubai, UAE - Dubai has achieved top global ranking in attracting Foreign Direct Investment (FDI) projects in the cultural and...
  • The United States, India, the United Kingdom, France and Switzerland emerged as the leading foreign direct investors in Dubai’s cultural and creative industries
  • Asian nations, like India and Singapore, are finding their fastest-growing creative industry sectors to be enormous revitalisers of employment figures

Saudi Arabia to provide visitors with instant e-visa to boost travel

Riyadh, Saudi Arabia-- In order to boost the travel and tourism industry in the kingdom, Saudi Arabia will offer instant...
  • The visa on arrival is just the latest step in Saudi Arabia's drive to make it easier for visitors to undertake a trip to the kingdom, boosting arrivals to 100 million by 2030
  • The Saudi Tourism Authority has adopted digitization increasing accessibility and connectivity for visitors to enter the kingdom and enjoy its natural and cultural diversity