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.
  • Abu Dhabi, UAE - The United Arab Emirates (UAE) has secured the top spot in the Arab region and risen...

    This index gauges and compares the strength of industrial competitiveness within countries

    The UAE has remained in the CIP’s top quintile, reflecting its position as a regional and global player in the industrial sector

  • The Kingdom is harnessing the potential of tourism for economic growth, job creation, and cultural exchange. In 2022, Saudi Arabia...

    With impressive tourism statistics and a vision to attract 100 million annual visits by 2030, the Kingdom aims to contribute 10% to its GDP through tourism

    Saudi Arabia seizes opportunities through visa simplification, major events, and new markets as sustainability drive and Vision 2030 help the sector grow

  • Deal will provide firm access to capital in dual currencies.

    OQGN is the exclusive operator of the natural gas transportation network in Oman.

    This is considered one of the largest syndicates of Sharia-compliant financing in Oman.

  • Firm has committed $2 billion for more such carriers.

    The very large crude carrier is a four dual-fuel engine ship – which can also run on liquefied natural gas.

    The carriers, which can carry up to 2 million barrels of crude per voyage, were built in South Korea.

  • RIYADH, SAUDI ARABIA – Saudi Arabia and Japan issued a joint statement on Lighthouse Initiative for Clean Energy Cooperation. The...

    Recognizing net-zero and clean energy ambitions, both sides decided to establish the KSA-Japan Lighthouse Initiative for Clean Energy Cooperation.

    The initiative will serve as a beacon for other countries and regions as they develop their strategies and roadmaps toward their net zero ambitions.

  • DUBAI, UAE – The city has registered a strong year-on-year growth of 44 percent in business event bid wins in...

    Dubai Business Events worked with partners and stakeholders to win 143 conferences, congresses, meetings and incentives in H1 2023.

    These events are expected to bring over 94,000 additional visitors to the city, including global experts and leaders in their respective fields.

  • DUBAI, UAE - The Dubai Supreme Council of Energy (DSCE) has received the ISO 50001:2018 in energy management systems and...

    This followed a comprehensive assessment conducted by W3 Solutionz - USA through CanaGulf International Standardization.

    The audit process conducted by CanaGulf International Standardization was based on several guiding principles.

  • Indian Finance Minister Nirmala Sitharaman, chair and host of the summit in Gandhinagar, began by telling finance leaders of "the...

    Key on the two-day agenda will be "facilitating consensus to intractable issues associated with rising indebtedness", Sitharaman said

    A top official from G20 chair India said there had been a "not so encouraging response" from Beijing on shared debt understanding

  • It sold the sub-Saharan Africa business to Access Bank.

    Last year, the bank decided to divest from a number of markets, in Lebanon, Angola, Cameroon, Gambia, Sierra Leone, Zimbabwe and Jordan

    The two entities will work together to ensure a seamless transition, with the transaction expected to be completed over the next 12 months

  • The net profit shot up to US$538m in H1 of 2023.

    The bank said its earnings per share amounted to QR 0.83 on June 30, 2023 as against QR 0.77 in the same period of last year

    The total assets the bank now stand at $50.27bn., financing assets reached $33bn and customer deposits now stand at $32.14bn