INSEAD Day 4 - 728x90

Investigations

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.

Turkish excavations offer vital clues of human history

Gobekli Tepe - which experts believe was never actually inhabited - may be part of a vast sacred landscape that...

Arts & Culture

UN force in Lebanon calls for probe into Irish peacekeeper’s death

The United Nations' peacekeeping force in south Lebanon urged Beirut to ensure a "speedy" investigation into an Irish soldier's shooting...

Geostrategy

Etisalat reports $1.2 billion net profit in H1 2021

Following the impressive performance, the UAE's leading telecommunications company said it will distribute interim dividends of 40 fils per share...

Saudi public-private alliance to launch $15b tech fund

In order to advance the digital infrastructure in the kingdom, Saudi Arabia will launch a $15 billion technology fund in...

Dubai-based Swvl to go public through $1.5bn SPAC deal

The company has signed a merger deal with Queen’s Gambit Growth Capital, the first special purpose acquisition company (SPAC) led...

On-campus workers must be vaccinated, say Google, Facebook

Spikes in infections due to a Delta variant of the virus have ramped up concerns in the United States, where...

Emirates NBD’s first half profit rises 17% to Dh4.8 billion

Total income of the Dubai’s largest bank has jumped 9 percent over the preceding half year due to a marked...

Rich-poor gap widening due to unequal vaccine access: IMF

Advanced nations have vaccinated nearly 40 percent of the population, compared to barely 11 percent in emerging markets and a...

Palestinian killed by Israeli forces in West Bank: Palestinian authorities

Shadi Omar Lotfi Salim, 41, was shot dead near the flashpoint Palestinian village of Beita, the Palestinian health ministry said

Egypt’s economy to grow 5.2 percent in current fiscal: IMF

Egypt’s economy is expected to grow 5.2 percent during the current fiscal, compared to a projected growth rate of 2.8%...

Automotive plastic sales to cross $9.5bn this year

Increasing demand for commercial and passenger vehicles and flourishing automotive export industry are primary factors propelling the market growth, according...

US condemns Houthi missile attack on Saudi Arabia

The US has issued a swift condemnation of the latest Houthi attack on Saudi Arabia with a ballistic missile and...

Turkish excavations offer vital clues of human history

Gobekli Tepe - which experts believe was never actually inhabited - may be part of a vast sacred landscape that...
Arts & Culture

Company News

Latest News

10 worst passports in the Middle East

Which passports are among the worst in the Arab World? Know the details in this Explainer video created by TRENDS.
Videos

Have Pandora papers jeopardized Lebanon aid?

The country is already reeling under the impact of its worst-ever economic crisis, shutting down of power stations due to...
Investigation

Dubai Police carries out region’s largest drug bust

The Dubai Police have arrested a man they say had smuggled 500 kg of pure cocaine, which has a street...
Investigation
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Investigation

Money laundering rose during Covid-19 pandemic, says UAE Central Bank

The Central Bank of the United Arab Emirates has disclosed that there has been an increase in the laundering of...
  • Report also cites fraud, bribery, corruption, charity and disaster fraud as risks to financial institution
  • The report also identified the methods of mitigation, identification and resolution implemented by selected financial institutions to address such risks
Investigation

Saudi gang gets 20 years in prison for laundering $4.5bn

A Saudi court sentenced twenty four Saudis and foreigners to up to 20 years in prison for laundering nearly $4.50...
  • Group of 24 Saudis and expats channelled illicit funds through factories, companies, institutions and medical clinics
  • The court said the group carried out their criminal operations within an organized framework, under the cover of commercial facilities
Research

Five cities poised to become GCC tech hubs

As part of economic transformation, some Gulf countries seek to achieve targets in digital transformation via long-term plans such as...
  • The UAE has become a technological leader in hosting the world's largest event, Expo 2020 Dubai.
  • In February 2021, 24 global firms had signed agreements to open regional offices in Riyadh.