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.
  • Almost half of Arab youth are keen on starting their own businesses in the next five years, signaling a significant...

    Almost half of Arab youth are keen on starting their own businesses in the next five years, signaling a significant preference shift from government to private sector jobs

    Amid high youth unemployment rates in the region, the ASDA’A BCW Arab Youth Survey points out a rise in entrepreneurial aspirations, particularly in GCC countries

  • “Our cooperation with Japan External Trade Organisation (JETRO) is part of these efforts as Japanese experience and progress reflect role...

    Rashed Abdulkarim Al Blooshi, Undersecretary of the ADDED, highlights the importance of human development in Abu Dhabi's economic diversification efforts

    The Abu Dhabi Residents Office, an ADDED arm, and JETRO have signed an MoU to bolster efforts in attracting specialized talent and investors across the sectors

  • The IMF said the global inflation picture has improved somewhat, with consumer prices now forecast to increase by 6.8 percent...

    The global growth forecast for this year was raised by 0.2 percentage points from the IMF's last forecast in April.

    However, IMF said global growth is expected to slow to three percent this year and then stay there.

  • After a pause in June, the Fed is widely expected to push ahead with what would be its 11th interest...

    Futures traders assign a probability of close to 99 percent that the Fed will lift its base rate by 25 basis points on Wednesday, according to CME Group.

    The quarter percentage-point hike predicted by analysts and traders would raise the Fed's benchmark lending rate to a range between 5.25-5.50%, its highest level in 22 years.

  • The share of oil exports in total exports decreased from 80.8 percent in May 2022 to 74.1 percent in May 2023, according to...

    Non-oil exports (including re-exports) decreased by 8.7 percent, compared to May 2022, decreasing to SAR 25.1 billion from SAR 27.5 billion in May 2022.

    The value of imports amounted to SAR 67.7 billion in May 2023 compared to SAR 56.0 billion in May 2022.

  • Baghdad, Iraq-- Jordan and Iraq have renewed pledge to strengthen economic cooperation in a meeting between the kingdom's Prime Minister...

    The two prime ministers resolved to boost volume of trade exchange, expanding cooperation in the economic, trade and investment fields

    They also lay stress on ramping up cooperation in the field of energy, completion of the electrical interconnection project between the two countries

  • gaza, israel, oil, crude

    Kuwait City, Kuwait--The Kuwait National Petroleum Company (KNPC) has exported the first shipment of 95 octane motor fuel and low-sulfur...

    The deputy CEO of the company said that the first shipment was loaded on board the oil tanker Pacific Sarah from Mina Al-Ahmadi

    He said the shipment was dispatched in close cooperation and coordination with Kuwait Petroleum Corporation's international marketing sector

  • Tehran, Iran – The clothing industry in Iran which employs around two million people grew by 17 percent last year...

    Currently 100,000 production units have been registered in the garment industry

    These statistics do not include the stores operating on the virtual space and also unauthorized people

  • Dubai, UAE-- Calling on governments around the world to demonstrate leadership by signing the "Leaders Declaration on Food Systems, Agriculture...

    The presidency exhorted stakeholders in the food and agriculture sectors to speed up existing initiatives across food systems, agriculture, and climate action

    It also pleaded for action to ramp up innovation in the sectors in order to drive both development and climate action, leveraging mechanisms

  • It will enable Saudia Cargo to widen network in Europe.

    As per the terms of the deal, Saudia Cargo will use Jan de Rijk's extensive trucking network to shore up its operations in Europe

    Set up in 1971, Jan de Rijk Co, is a leading provider of European transportation, distribution services, and supply chain management solutions