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 customers and projects were added in H1 2023.

    In the first half of the year, Tabreed's revenue increased by 9.4 percent YoY to US$290 million, from US$265 million in H1 2022.

    Earlier this month, Tabreed started operating the cooling infrastructure, officially commencing its first operations in India.

  • After a closely watched meeting, the Bank of Japan said it would allow "greater flexibility" in government bond markets, having...

    The currency has been hammered for more than a year as the BoJ refused to shift from its loose policy

    With prices picking up at home and the yen struggling, pressure has been growing on the bank to change tack

  • The company on Wednesday announced its earnings for 2021 and 2022 -- showing a loss of almost $12 billion --...

    Officials called a halt to dealing in China Evergrande New Energy Vehicle Group (NEV) on April 1 last year after it failed to release its financial results

    In its financial results posted Wednesday, NEV said its debt hit 183.9 billion yuan ($25.6 billion) at the end of December 2022

  • Moscow, Russia - Trade turnover between Russia and Africa reached $18 billion in 2022, which is one of the results...

    Last year Russia’s trade with African countries in agricultural products increased by 10 percent to $6.7 billion

    Russia exported 11.5mt of grain to Africa in 2022, and almost 10mt in the first six months of 2023

  • Analysts are divided ahead of the Fed's next decision in September, with the so-called "hawks" predicting additional rate hikes in...

    Thursday's GDP figure for the second quarter came in above analysts' expectations, a day after the Fed hiked its benchmark lending rate to its highest point for 22 years.

    The US central bank also left the door open to additional rate hikes, if needed, to get inflation down to its long-term target of two percent.

  • Riyadh, Saudi Arabia - Saudi Arabia has positioned itself as a potential world-leading hub for biotech research, development, and pharmaceutical...

    The country's strategic move aligns with its ambitious goals of economic diversification and addressing crucial healthcare and food security challenges

    With initiatives like the Saudi Human Genome Program and the Saudi Network for Clinical Trials, Saudi Arabia could establish a biotech cluster over the next decade

  • Riyadh, Saudi Arabia - The Public Investment Fund (PIF) announced on Thursday that it has signed a Memorandum of Understanding...

    The MoU builds on the Saudi Omani Investment Company (SOIC), a PIF-wholly owned company, which intends to invest up to $5 billion in Oman

    The SOIC recently closed its first investment in Oman as a 20 percent anchor investor in Abraj Energy Services’ IPO

  • Manama, Bahrain-- for "exceeding the scope of the permit." The owner had exceeded the scope of the permit which was issued...

    According to RERA, the owner of the real estate firm had violated the scope of the permit issued to him by the authority

    The real estate agency, according to the regulatory authority, had also breached Central Bank of Bahrain's regulations

  • He was referring to a new IEA report which suggests that universal clean cooking access could be reached worldwide by...

    Nearly one in three people globally still cook over open fires or basic stoves, causing significant damage to health, living standards, and gender equality

    Air pollution from rudimentary cooking methods causes 3.7 million premature deaths annually, ranking it the third largest cause of premature death globally

  • Dubai, UAE-- Around 9.1 million people visited the UAE’s Government Unified Digital Platform, U.AE, from the start of 2023 until...

    The rise in the average number of pages viewed was 3.52%, compared to the same period last year, according to TDRA

    TDRA recently launched the generative AI-supported version of the digital platform, allowing users to obtain government services