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Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Crisis hits investments in MENA startups

While the startup ecosystem flourishes in the Middle East and North Africa region, concerns arise over the durability of investments...

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Abu Dhabi launches association to promote blockchain in region in line with TOP CEO Conference call in May

The Middle East, Africa and Asia Crypto and Blockchain Association aims to bring industry players together to discuss strategies and...

Post-Covid UAE real estate upswing to continue

A high number of residential and commercial units delivered in 2022 means tenant retention will become more critical, and rental...

Video: TOP CEO Conference discusses fake news in May, months later social media giants take action

Facebook, Instagram, Twitter and other social media platforms have reportedly blocked campaigns aimed at influencing opinion in Central Asia and...

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Video: IMF echoes what TOP CEO Conference forecast about inflation in May 2022 – MENA growth may slow

Inflation has a significant cost-push pressure on cost of living and will impact the daily set of requirements of people...
  • Inflation has a significant cost-push pressure on cost of living and will impact the daily set of requirements of people in the region, one of the experts had said at the event
  • The MENA economies will continue to remain resilient this year, but double-digit inflation is expected to slow growth in 2023, the latest IMF report highlights

New industrial policy seeks to diversify Saudi economy

The program, launched by Saudi Crown Prince and Prime Minister Mohammed bin Salman, has identified more than 800 investment opportunities...
  • The new industrial strategy envisages tripling the country’s industrial domestic product and doubling the value of industrial exports to $148.2 billion.
  • The Crown Prince said the program will make the kingdom a leading industrial power that “contributes to securing global supply chains and exporting high-tech products to the world”

Video: Transparency is hallmark of TOP CEO Awards as GCC winners get honored

From among a small pool of short-listed CEOs of listed firms, each winner was picked on the basis of growth,...
  • For the process not only to be fair and trustworthy, but also to be seen as such, another layer of transparency and accountability was added by roping in iNseaD business school
  • Global auditors were also brought in to ensure full transparency in the work