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--Dubai Taxi Corporation (DTC) has launched its strategic plan for digital transformation 2022-2025 designed to improve the quality of...

    The plan aims to achieve a string of goals underscored by digital mobility, excellent operation, financial sustainability, people’s happiness, and shaping the future

    The latest initiative by Dubai Taxi Corporation looks to protect its database and monitor systems to prevent disruptions caused by server downtime

  • Washington, United States - Russia's withdrawal from the Black Sea Grain Initiative (BSGI) has led to a surge in global...

    Top US diplomat highlighted that over half of the grain from the Black Sea Grain Initiative was directed towards developing countries

    Condemning the use of food as a weapon of war, he said that 91 countries have signed a declaration at the UN opposing such tactics

  • Dubai, UAE -- The United Arab Emirates Sunday launched Ministry of Finance's Strategic Plan 2023-26 aimed at accelerating government performance...

    Sheikh Maktoum bin Mohammed said the UAE will develop and implement sustainable financial policies to promote economic growth.

    The plan comprises three strategic goals, six main projects, four main goals and seven additional directives.

  • The investments are expected to localize partnerships.

    The new company will target businesses specialized in offering unique fan engagement activities and transformative sports technology.

    This firm will help bolster Saudi Arabia’s position as one of the world’s leading sports and entertainment destinations.

  • Amman, Jordan--Trade between Jordan and Egypt expanded to $355.43 million in the January-May period of the current year, according to...

    The exports to Egypt however showed a decline in the five month period, falling to $63.46 million as against $93 million for the same period last year

    There was a fall in the imports from Egypt to Jordan too, declining to $292 million by the end of May, as compared to $333 million last year

  • Abu Dhabi, UAE - The UAE has unveiled a series of relief measures to support the growth and prosperity of...

    Only profits exceeding AED 375,000 are subject to the 9% corporate tax

    Only 50% of entertainment expenses are deductible against taxable profits

  • Muscat, Oman--Oman annual inflation rate reached 0.69 percent by the end of June 2023, according to the monthly consumer price...

    Inflation was fueled by the increase in most of the main groups making up the consumer price index and the prices of the food and non-alcoholic beverages

    The prices of oils and fats rose by 4. 81%, fruits by 4.3%, other foodstuffs by 3.91%, bread and cereals by 2.34%, and non-alcoholic beverages by 0.67%

  • "The economies of Iran and Pakistan are inherently complementary. For example, Pakistan can be a supplier of Iran's needs in...

    Iran and Pakistan have taken effective measures to expand their economic relations in recent years

    Two new border terminals have been opened along the common border between Iran and Pakistan

  • A US central bank official said that more interest rate hikes "will likely be needed" to bring inflation down further,...

    Federal Reserve governor Michelle Bowman's prepared remarks to an event in Colorado also came after a mixed employment report.

    She would be seeking "consistent evidence" that inflation is on a meaningful path down toward the Fed's two percent target.

  • ABU DHABI, UAE - Key UAE government entities have partnered to boost coordination between advanced technology and space sectors. The...

    The collaboration aims to further contribute to COP28’s inclusive ecosystem, bringing together major technology companies, global institutions.

    It will encourage companies to use the UAE as a base for producing new technologies that can help drive sustainable industrial development.