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.
  • TEHRAN, IRAN  – The foreign minister of Qatar said the procedures for the transfer of Iran’s unfrozen foreign assets to...

    Qatar has been a mediator in talks that led to a prisoner exchange deal between Iran and the United States.

    The deal involves the release of five prisoners from each side and the unfreezing of some US$6 billion worth of Iranian funds.

  • Riyadh, Saudi Arabia - A substantial 62% of employees in Saudi Arabia are eager to acquire improved digital skills in...

    The findings also exposed a troubling trend, with 45% of respondents expressing concerns about job security due to their perceived lack of IT competencies

    The survey also highlighted a specific group within the workforce most apprehensive about job security – department heads and top managers

  • Egypt is one of the largest recipients of US military aid, dating to its historic normalization of relations with Israel...

    The $1.215 billion package marks the third straight year that US government has waived some restrictions imposed by Congress on aid to Egypt

    "This decision reflects that Egypt is making a specific and ongoing contribution to US national security priorities," a State Department official said

  • Beijing, China - The People's Bank of China (PBOC) on Friday unveiled its decision to trim the reserve requirement ratio...

    The move marks the second significant RRR reduction by the PBOC this year

    Institutions already operating with a 5% RRR are exempted from this change

  • Riyadh and New Delhi set a new benchmark in global trade and cooperation with 53 deals across diverse sectors and...

    Riyadh and New Delhi set a new benchmark in global trade and cooperation with 53 deals across diverse sectors and plans for an economic corridor from India to Europe

    Trade between Saudi Arabia and India, valued at US$52 billion, and India's rising economic prominence position makes New Delhi a key strategic partner for the Kingdom

  • BEIRUT, LEBANON – The secretary general of the Union of Arab Chambers has called for diversified business models to facilitate...

    The secretary general of the Union of Arab Chambers said there was a rise in the variety of goods traded between China and the Arab world in recent years.

    Arab nations and China cannot simply rely on the traditional pattern of cooperation that emphasizes on imports and exports of products.

  • TEHRAN, IRAN - Saudi Arabia's Ambassador to Iran Abdullah bin Saud al-Anzi has said that relations between the two countries...

    The Saudi envoy expressed satisfaction with his country's ties with Iran and the two sides' resumption of bilateral diplomatic relations.

    He said that any pact between Saudi Arabia and Iran will lead to the enhancement of peace and security in the entire region.

  • According to the credit rating agency, a combination of higher interest rates and production cuts by the OPEC is expected...

    The report estimated that the GCC banks will report stronger profitability in 2023

    The rating agency expects Saudi banks to achieve a return on assets of 2.2% in 2023

  • Brussels, Belgium--On Wednesday, Members of European Parliament (MEPs) approved a new law to increase the uptake of sustainable fuels, such...

    The EU is looking to prod the aviation sector to use sustainable aviation fuels in order to cut emissions

    Sustainable aviation fuels will include synthetic fuels, certain biofuels produced from agricultural or forestry residues

  • Military transport aircraft from Middle Eastern and European nations, along with ships, have been ferrying emergency aid to the North...

    UN has pledged $10 million to support Libya's survivors, including at least 30,000 people it said had been left homeless in Derna

    Abdel Fattah al-Sisi, the president of Libya's neighbor Egypt, ordered "the establishment of shelter camps" for survivors of the Libyan disaster