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.
  • New York, UN - The United Nations Secretary General Antonio Guterres will discuss the revival of the grain deal with...

    Antonio Guterres noted that he will hold separate contacts with the representatives of the Russian Federation, Ukraine and Turkey

    Russia on July 17 pulled out of grain deal, which was reached a year ago to ensure safe exports of Ukrainian grain across the Black Sea

  • Baghdad, Iraq-- The UAE and Iraq have held discussions to boost economic, investment, educational, cultural, agricultural, food, technological, and energy...

    The officials from both countries discussed deepening economic, investment, educational, cultural, agricultural, food, technological, and energy cooperation

    Khalifa Shaheen Al Marar, UAE Minister of State, noted the importance of utilizing the joint committee meetings to explore new opportunities for reinforcing economic growth

  • Dubai, UAE – The United Arab Emirates and the Organization for Economic Co-operation and Development (OECD) on Wednesday hosted regional...

    Global Minimum Tax involves application of a top-up tax on profits when the effective tax rate is below the minimum rate of 15 percent

    The forum included a workshop on Pillar 2 of the OECD-led Base Erosion and Profit Shifting Project and the Global Anti-Base Erosion Rules

  • While speaking at the International Government Communication Forum in Sharjah, he emphasized that it's essential to regulate technology and overall...

    In a world where technology dominates daily life, the need for digital transformation to empower various sectors is undeniable

    It's essential to regulate technology and overall policies to ensure cybersecurity and ethical AI use, highlights a top UAE official

  • Washington, United States - Consumer inflation in the United States picked up in August for a second straight month, according to...

    The consumer price index (CPI), a key inflation gauge, jumped 3.7 percent from a year ago, picking up pace from July's 3.2 percent figure

    The Federal Reserve has lifted the benchmark lending rate rapidly since March last year to tamp down demand and sustainably lower inflation

  • Abu Dhabi, UAE - The Arab Monetary Fund said Wednesday that global credit card fraud losses incurred by financial institutions...

    The losses increased substantially by 13.8 percent compared to the previous year, WAM reported.

    The report urges financial institutions to foster cooperation by sharing data and pooling resources in their fraud detection efforts.

  • gaza, israel, oil, crude

    The IEA said world oil demand remains on track to grow by 2.2 million bpd to 101.8 million bpd this...

    The warning comes a day after oil prices jumped following OPEC's own update

    Saudi Arabia and Russia said that they would extend voluntary cuts until the end of the year

  • Beijing, China--China on Wednesday denied there was any ban on officials purchasing or using foreign phones, including iPhones, after reports said...

    Foreign ministry spokesperson said that China has not issued any laws, regulations, prohibiting the purchase and use of foreign brand smartphones, including iPhone

    In the wake of reports about significant Chinese restrictions on iPhones at government offices and state-backed entities, Apple shares tanked sharply last week

  • Abu Dhabi, UAE-- Looking to exchange expertise and explore potential synergies in hydrogen and carbon trading, an industry workshop was...

    The UAE's Ministry of Energy and Infrastructure (MoEI) and Germany's Federal Ministry for Economic Affairs and Climate Action (BMWK) organized the workshop

    During the presentation, the UAE gave a peek into its carbon trading outlook and voluntary carbon markets, as well as showcasing the design of its carbon market

  • Ajman, UAE-- The value of construction contracts in the emirate has exceeded $1.01 billion during the first half of 2023,...

    The department said the contracts' value rose from the last two years, noting that in 2021 it was $517 million, and in 2022 it reached $571 million

    The emirate provides conducive environment for investment projects, and attracts tourists and visitors from both inside and outside the country