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.
  • Riyadh, Saudi Arabia--ROSHN, the Saudi real estate developer, has signed a memorandum of understanding (MoU) with the Expenditure and Project Efficiency...

    The partnership between the two will increase the sustainability of the PIF-backed giga project and also ramp up its activities

    The cooperation with leading groups in the nonprofit sector is designed to lift up the quality of life for the underprivileged families

  • London, Britain - The UK government has announced plans to reform the Consumer Credit Act (CCA) which is expected to...

    The CCA, established in 1974, regulates various credit transactions, including Islamic finance products, such as credit card purchases, personal loans, and consumer hire agreements

    The proposed reforms, combined with organic development and the utilization of FinTech solutions, will further support the expansion of Islamic finance in the country

  • Tehran, Iran-- After years of frosty relations between the two countries, Egypt and Iran are set to restore ties with...

    According to the Egypitan tourism minister, Iranian tourists will arrive in the country and visit southern coasts of Sinai, Nubia and Taba

    Haitham bin Tariq, the Sultan of Oman, played a pivotal role as a mediator in ending years of enmity between Egypt and Iran

  • The Iraqi prime minister said the decision to pay for Iranian gas imports with oil corresponds with the mechanism agreed...

    Iran cut its supply of gas to Iraq by nearly half some ten days back because of unpaid bills of more than $12 billion

    Gas stoppages have worsened the frequent power outages in much of Iraq during the hot summer months

  • Vienna, Austria-- Looking to ramp up trade and business relations, the United Arab Emirates has signed an air transport services...

    UAE's ambassador to Austria said that the signing of the agreement will enhance relations, creating new opportunities for trade between the two countries

    The Austrian official said the agreement will benefit transport companies in both countries and support the tourism sector, apart from boosting trade

  • Saudi Arabia is leveraging digital solutions to streamline travel, link tourists with local enterprises through apps, and enhance experiences via...

    The move has simplified and streamlined the processes for obtaining a tourist visa, making it easier for visitors to travel to the Kingdom

    Tourists can apply for the 90-day e-visa through an online portal which is an easy, accessible process with quick visa turnaround times

  • New York, United States - Wall Street stocks mostly rose early Tuesday amid signs of greater broadening in the equity market...

    Energy and materials were two other sectors showing early gains, while technology was lower. Tech gains were at the heart of the stock market's buoyant first semester of 2023.

    Markets are looking ahead to Wednesday's consumer price index report, a critical data point for the upcoming US Federal Reserve decision.

  • Dubai, UAE--Dubai Investments and E20 Investment have signed a memorandum of understanding (MOU) to develop 3,750 Ha of agricultural land...

    The two entities signed an MoU to develop land in Angola, harnessing the country's agricultural sector for growth and economic development

    The agreement looks to convert the land into a thriving agricultural hub, yielding 28,000 tons of rice and 5,500 tons (peak production) of avocados

  • Ulaanbaatar, Mangolia--The UAE and Mongolia are looking to boost trade and investment cooperation with a focus on the agriculture sector....

    Dr. Thani bin Ahmed Al Zeyoudi, UAE's Minister of State for Foreign Trade, is leading a UAE delegation to the Mongolia Economic Forum in Ulaanbaatar

    During the meetings both sides explored the means to develop the partnership, underlining their commitment to enhance trade and investment cooperation

  • "The UAE government prioritizes keeping pace with global advancements to proactively address opportunities and challenges," adds Al Olama. "This priority...

    UAE renews commitment to embracing artificial intelligence solutions across various sectors, says UAE minister Omar bin Sultan Al Olama

    The UAE government prioritizes keeping pace with global advancements to proactively address opportunities and challenges," he adds