INSEAD Day 4 - 728x90

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.
  • Dubai, UAE--The COP28 Presidency Saudi Arabia have launched a landmark Oil and Gas Decarbonisation Charter (OGDC), a global industry charter...

    Around 50 companies, representing more than 40 percent of global oil production, so far have signed on to the OGDC

    COP28 President Dr. Sultan Al Jaber said several oil companies have adopted net-zero 2050 targets for the first time

  • "The event focuses on transitioning the energy sector, demonstrating how strategic investments can foster prosperity without solely relying on fossil...

    Colombia's President Gustavo Petro emphasizes the significance of COP28 for addressing climate issues.

    Petro stresses on the transition from traditional energy sources to sustainable alternatives to save the Earth.

  • LONDON, UK - The UAE has been re-elected to the Council of the International Maritime Organization (IMO) in the Category...

    The UAE received the highest number of votes, following comprehensive efforts and an intensive election campaign leading up to the elections.

    The country plays an active role in strengthening the national maritime sector and contributing to the growth of the global maritime industry.

  • Dubai, UAE--The IMF announced Friday that it will revise its economic outlook for the Middle East and North Africa region...

    The IMF staff wrote in a blog post that Israel-Hamas conflict will have wide-ranging consequences for "both people and economies" in the region

    The IMF officials said countries like Lebanon that are heavily dependent on tourism saw hotel occupancy rates drop by 45 percentage points in October compared to a year ago

  • The firms have jointly launched a climate investment platform.

    The platform will make investments in businesses where they have matured past many of the risks that face earlier stage ventures.

    They must manage and minimize the execution risks associated with expansion in middle-market investments.

  • ABU DHABI, UAE - CEO and Co-Founder of Astra Tech Abdallah Abu-Sheikh said that the company will launch its first...

    The CEO said that Astra Tech plans to enter new financial sectors and make acquisitions in South Asia, including India.

    He said that the company is looking to expand into Saudi Arabia to enhance its services in this vital market.

  • Abu Dhabi, UAE - The UAE and Philippines signed an agreement to create a framework for investment in the digital...

    As physical facilities that organizations use to store critical data and run applications, data centers are vital parts of the digital economy infrastructure

    Recognized as one of the emerging data center markets worldwide, the Philippines offers a robust, rapidly growing ecosystem in this sector

  • “COP28 is attracting significant interest from various participating countries and will serve as an important forum for climate enthusiasts. This...

    Palau President commends the UAE's leadership in renewable energy, especially solar, for global climate goals.

    COP28 garners significant international interest as a pivotal event for climate change action and sustainability.

  • In the heart of the GCC, a transformative shift towards 'Green Mobility' is underway, driven by a commitment to environmental...

    In the heart of the GCC, a transformative shift towards 'Green Mobility' is underway, driven by a commitment to environmental sustainability and reducing carbon footprints.

    This shift, led by nations like the UAE and companies like Aramex, is redefining the future of transportation, blending innovation, economic growth, and ecological stewardship.

  • SAN FRANCISCO, US - Microsoft, the tech titan that has invested billions of dollars in ChatGPT creator OpenAI, has been given...

    The nomination was shared in a memo to OpenAI staff that was later posted to the company's blog.

    Microsoft will join former US Treasury Secretary and political power broker Larry Summers, who was added last week.