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.
  • YEREVAN, ARMENIA  - Chairman of the Federation of UAE Chambers of Commerce and Industry (FCCI) Abdullah Mohamed Al Mazrouei and...

    A UAE delegation of around 100 representatives of government and private entities took part in the forum.

    In the first seven months of 2023, trade between UAE and Armenia was valued at US$870 million.

  • Amman, Jordan-- Jordan and the World Bank have held discussions to enhance cooperation in infrastructure projects and the public-private partnerships....

    Jordanian Minister of Investment Kholoud Al Saqqaf met with World Bank Vice President for Infrastructure Affairs Guangzhe Chen in Amman to broaden the cooperation

    The Jordanian minister reviewed a list of partnership projects between the public and private sectors, which focus on transportation, water and infrastructure sectors

  • Beijing, China - Saudi Arabia is seeking Chinese investment in mining and industrial sectors. The Saudi Minister of Industry and...

    The Saudi side highlighted the goals of the National Strategy for Industry and the opportunities provided in various industrial sectors

    The meeting examined the measures, initiatives and incentives provided by the ministry to remove obstacles for investors

  • The Kingdom now ranks 17th in global economic rankings and 17th out of 64 countries for global economic competitiveness.

    The milestone was achieved ahead of the state's 2025 targets, accompanied by a remarkable growth rate of 8.7%, the highest among G20 nations

    Saudi Arabia now ranks 17th in global economic rankings and 17th out of 64 countries for global economic competitiveness

  • Looking to shore up ties between the two countries, Kuwait and China have signed cooperation agreements across a range of...

    The two leaders also discussed avenues to further strengthen ties for the mutual prosperity of the two nations

    They deliberated on regional and international developments and expressed desire to solidify strategic partnership

  • ABU DHABI, UAE - The volume of trade exchange between the UAE and the Kingdom of Saudi Arabia grew by...

    The volume of trade between the UAE and the Kingdom of Saudi Arabia grew by 28 percent in 2022.

    The year 2021 saw growth, reaching $33.9 billion (AED 124.65 billion), compared to $28 billion (AED 103.91 billion) in 2020.

  • Afghanistan will compete in 15 sports in Hangzhou, the country's first Asian Games since the Taliban seized power in 2021....

    The team say the Taliban authorities support sport, but there is no government financial backing for athletes

    Afghanistan will compete in 15 sports in Hangzhou, the country's first Asian Games since the Taliban seized power

  • Iran announced the restoring of diplomatic ties with Djibouti over seven years after it joined other regional nations in severing...

    The move followed Iranian foreign minister Amir-Abdollahian's meeting with his Djiboutian counterpart Mahamoud Ali Youssouf in New York.

    Djibouti cut ties with Iran in January 2016 after attacks on Saudi missions during protests over Riyadh's execution of a Shiite cleric.

  • China's installed electrolyzer capacity has jumped significantly in recent years, and is expected to reach 1.2 gigawatts –- 50 percent...

    China's installed electrolyzer capacity has jumped in recent years and is expected to reach 1.2 gigawatts after having accounted for just 10 percent of the global capacity in 2020

    Electrolyzers are devices used for the industrial separation of hydrogen and oxygen within water molecules, using electricity obtained through renewable energy sources

  • Cairo, Egypt – The Central Bank of Egypt (CBE) decided to maintain interest rates at current levels during its meeting...

    The bank kept the overnight deposit rate, overnight lending rate and the rate of the main operation at 19.25%, 20.25% and 19.75%, respectively

    The discount rate remained at 19.75%. The pause on interest rate change comes after 12-percent hikes since March 2022.