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 - The United Arab Emirates (UAE) has reaffirmed its commitment to advancing the economic integration of the Gulf...

    The UAE Minister of Economy Abdulla bin Touq Al Marri, Minister Bin Touq called for developing the mechanisms of economic integration within the GCC

    The UAE urged finalization of the customs union, the establishment of a common GCC market, and the utilization of AI to bolster developmental endeavors

  • The comments from three regional Fed presidents with a vote on setting interest rates will likely solidify expectations that the...

    Analysts have raised the chances of the Fed successfully cutting inflation while avoiding recession, which is also known as a "soft landing"

    Earlier this week, the Fed said robust tourism spending was helping to keep the wheels of the world's largest economy turning

  • Washington, US – The ‘gig economy’ accounts for up to 12 percent of the global labor market—much higher than previously...

    While developed countries currently dominate the demand for gig workers, the demand in developing countries is growing at a much faster rate

    Almost 60 percent of firms surveyed in poorer countries reported increased outsourcing to gig workers. In wealthier countries, less than half said the same

  • The anticipated inclusion of six nations into BRICS, including Saudi Arabia and UAE, is expected to ease tensions among them,...

    The anticipated inclusion of six nations into BRICS, including Saudi Arabia and UAE, is expected to ease tensions among them, and foster increased bilateral collaboration

    After expansion, the bloc will represent 30% of global GDP, 45% of the population, control 80% of oil production, and account for 16% of global trade by next year

  • DOHA, QATAR - The volume of real estate trading in non-residential sales contracts at the Department of Real Estate Registration...

    The total sales contracts for residential units in the Real Estate Bulletin during August 27-31 reached US$75 million.

    The real estate trading in sales contracts in the non-residential category during August 27-31 reached US$ 68 million.

  • DUBAI, UAE – Saudi Arabian Crown Prince Mohammed bin Salman in a telephonic conversation with Russian President Vladimir Putin has...

    The Russian president and the Saudi crown prince discussed the outlook for BRICS expansion.

    The two leaders reviewed cooperation between the two countries within the OPEC+ agreement framework.

  • The comments from Jay Shambaugh, the Treasury's under secretary for international affairs, underscore the Biden administration's push for the IMF...

    An increase in quotas "will reduce its reliance on borrowed resources and provide the IMF with a more consistent and predictable level of resources," said Jay Shambaugh.

    The Treasury is also looking at ways to expand the influence of emerging markets and developing economies at the top of the IMF, he said.

  • The aim is to speed up clean energy transition in Africa.

    Masdar brings its technical expertise and extensive experience in emerging markets and will work with Africa50 to bridge the infrastructure funding gap.

    Africa50 brings its skill in developing projects in the continent and which, combined with Masdar, can help unlock clean energy potential.

  • The acquisition aims to broaden EIH's investment portfolio.

    EIH has cultivated a diversified, innovative and sustainable investment portfolio comprising over 40 successful companies across various sectors.

    9Yards Communications has a broad client portfolio encompassing government entities and private organizations both domestically and internationally.

  • New Delhi, India - The non-oil trade between the UAE and G20 countries in 2022 hit $341 billion, which is...

    G20 countries are the UAE's largest trading partners, accounting for 43% of its non-oil exports, 39% of e-exports, and 67% of imports, the minister said

    He noted that the UAE's non-oil trade with the G20 countries grew significantly in 2022, up 56% from 2020 and 34% from 2019