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.
  • Abu Dhabi, UAE - The Abu Dhabi Securities Exchange (ADX) signed an agreement with the Expo Center Sharjah to enhance...

    The MoU between ADX and Expo Centre Sharjah aims to enhance services provided to the investor community in Sharjah

    ADX and Sharjah Expo will be able to provide their respective customers with a more comprehensive range of services and offerings

  • MANAMA, BAHRAIN - This week’s BD 70 million (US$186 issue of Government Treasury Bills has been oversubscribed by 149 percent....

    The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain.

    The issue date of these bills is September 27 2023 and the maturity date is December 27 2023.

  • ABU DHABI, UAE –  Director-General and Chairman of the Board of Directors of the Arab Monetary Fund Dr Abdul Rahman...

    Setting accounting standards for Islamic finance institutions helps support the growth of the industry.

    Maintaining the Islamic financial industry's achievements requires focusing on capacity building.

  • DOHA, QATAR -  The Ministry of Labor (MoL) launched the "Istamer" digital platform, which deals with employing Qatari retirees wishing...

    The platform’s purpose is to aid retired persons keen on re-entering the workforce find jobs in private institutions aligned with their expertize.

    The platform streamlines the entire recruitment process, from application submission to interviews and final job offers, which is all conducted online.

  • ABU DHABI, UAE - ADNOC and Abu Dhabi National Energy Company (TAQA) have completed the financial closing of their $2.2...

    A consortium comprising Orascom Construction and Metito (the Consortium) will construct a centralized world-class seawater treatment facility.

    ADNOC and TAQA own a joint 51 percent majority stake (25.5 percent each), the Consortium owning the remaining 49 percent stake in the project company.

  • Evergrande's enormous debt has contributed to the country's deepening property market crisis, raising fears of a global spillover. The property...

    The company collapsed more than 25 percent by the break, underscoring market concerns as China's property sector faces an unprecedented crisis

    On Sunday evening, Evergrande announced that it was unable to issue new debt as its subsidiary, Hengda Real Estate Group, "is being investigated"

  • Scholz's government had promised to build 400,000 homes a year to alleviate an endemic housing shortage made worse by burgeoning...

    Experts believe the sector will struggle to even hit 250,000 in new build approvals this year

    Housing Minister Klara Geywitz recently announced plans to offer aid to help families get on the property ladder

  • At this year's technology summit in the United States, which spotlights economic diversification through the strategic use of energy-generated wealth,...

    Qatar's Ahmad bin Mohammed Al Sayed underscores the pivotal role of foreign direct investment in economic diversification and job creation

    The summit gathers global leaders to address key challenges in economic diversification and the impact of technology on rural populations

  • Tokyo, Japan-- The UAE and Japan have held discussions to boost partnership in various sectors of the economy even as...

    Al Jaber chaired the first ministerial meeting of the comprehensive strategic partnership between the two countries in Tokyo

    He met with the Japan's minister of economy to explore avenues for bilateral relations, including the latest developments in trade and investment

  • Dugway, United States-- A seven-year space voyage came to its climactic end Sunday when a NASA capsule landed in the desert...

    The sample, according to scientists, will provide a better understanding of the formation of our solar system and how Earth became habitable

    NASA scientist Amy Simon said the sample return is "really historic" and it is the biggest sample NASA has brought back since the Apollo moon rocks