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 – Creators HQ, the first headquarters for content creators in the UAE and the Middle East, has seen...

    Creators HQ also brings together content creators and industry leaders worldwide to amplify their impact, develop their work, and support the sustainability

    In addition, it attracted 78 global companies in the content sector from 24 countries to relocate to the UAE, with the UK, Pakistan, the US, India, France, leading the list

  • Mumbai, India -- Indian Prime Minister Narendra Modi's push to slash consumption taxes on everyday goods could deliver billions of...

    The prospective measure has clouded the outlook for the world's fifth-largest economy, with Indian exporters warning of plunging orders and severe job losses.

    His proposed cuts to the goods and services tax (GST) would make everything from small cars to air conditioners cheaper for consumers, economists say.

  • Vienna, Austria - A research team from Graz University of Technology in Austria has succeeded in developing an innovative fastening...

    The system enables the connection and disassembly of building components with ease, allowing the separation of long-term structural elements from shorter-lived components

    The project won the gold medal in the scientific research competition under the sustainability category and is regarded as a pioneering step towards smart construction

  • Last year, the Fed chair used his keynote speech at the Jackson Hole Economic Policy Symposium to indicate the time...

    Powell faces constant attacks from Trump -- who is aggressively pushing the independent bank for rate cuts -- alongside mixed economic data leading him towards a cautious approach.

    Powell has warned that the risks of higher inflation and a weakening jobs market add up to a "challenging situation."

  • London, United Kingdom -- A British woman suffering from motor neuron disease who lost her ability to speak is once...

    Sarah Ezekiel, an artist, was left without the use of her voice after she was diagnosed at the age of 34 with MND while pregnant with her second child 25 years ago.

    AI tools developed by a New York-based ElevenLabs developed voice very close to her original, complete with her London accent.

  • Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy...

    The UAE and Dubai have long welcomed wealthy people from nearby countries, and people helping millionaires to move there told AFP it is seeing more Westerners joining the fray

    The Gulf state's golden visa scheme, meant to attract wealthy or skilled foreigners, allows individuals to obtain a 10-year residence permit

  • Google will provide its Gemini artificial intelligence tools to US federal agencies practically free, the government announced Thursday.

    A suite of AI and cloud computing services called "Gemini for Government" from Google is intended to speed the adoption of the technology across the US government

    AI tools being provided include generation of video, images, or ideas as well as digital "agents" capable of independently tending to complex tasks

  • Hong Kong, China - Asian markets edged mostly upward in muted morning trading on Thursday, one day before a key...

    US Federal Reserve Chairman Jerome Powell, who has resisted public demands by President Donald Trump to cut rates, is scheduled to deliver remarks Friday

    Data last week provided a mixed picture of US inflation, making it uncertain if the Fed will lower rates as many investors expect in September

  • Muscat, Oman -- The latest data released by the Statistical Centre for the Cooperation Council for the Arab Countries of...

    The value of disposable national income (available for consumption and savings after deducting taxes and other transfers) amounted to US$1.989 trillion.

    The data indicate that the contribution of the non-oil sector to the GCC’s Gross Domestic Product (GDP) at current prices rose to 71.5 percent by the end of 2023.

  • "I'll be setting tariffs next week and the week after, on steel and, I would say, chips. Chips and semiconductors,...

    Trump said the levy rate would be "lower at the beginning" but "very high after a certain period of time," as a way to encourage businesses to relocate operations to the US.

    On August 6, Trump announced a 100 percent tariff on semiconductors from firms that do not invest in the United States.