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-- Some 5,000 new jobs have been opened up in the healthcare facilities by the Department of Health,...

    The department has directed the healthcare facilities to work toward achieving the set targets under the Emiratisation program within their staff

    The Emiratisation initiative is designed to boost the number of Emiratis working in medical profession as doctors and nursing staff

  • The Boston Consulting Group survey found that 58 percent of Middle East employees, managers, and leaders believe that AI will...

    An overwhelming 78 percent of respondents are confident that the rewards of GenAI outweigh the risks

    76 percent of all respondents believe that AI-specific regulations are necessary to manage the risks

  • There will be a process to select the best proposal.

    Al Ajban Solar PV is EWEC’s third world-leading solar power project.

    Abu Dhabi is home to world’s three largest single-site solar power plants.

  • Lower oil prices and volumes attributed to the estimated deficit, according to a newspaper report. MP Osama Al-Zaid said the...

    Al-Zaid said non-oil revenues were estimated at 2.2 billion dinars, an increase of 10 percent over the previous budget.

    He said these were only estimates, not real deficit, and Kuwait "will be able to avoid it by maximizing state revenues, controlling expenditures, and preventing financial waste".

  • ABU DHABI, UAE - The UAE ranked seventh in the world in terms of per capita national income, according to...

    According to the Atlas method, the per capita national income in the UAE, in current US dollars, increased to US$48,950 in 2022.

    The expression of Gross National Income (GNI) in US dollars is done using the Atlas method, which was introduced in its current form in 1989.

  • Funds will be used to finance working capital for projects.

    The agreement is worth US$293 million (SAR 1.1 billion).

    A promissory note of $306 million was provided to guarantee the credit facility.

  • A TRENDS exclusive report takes a hard look at how tens of thousands of white-collar workers in Middle East are...

    It is estimated that businesses in the Middle East suffer a loss of $100 billion every year on account of mental health challenges due to lost working hours

    It has also been found that only 15 percent of white-collar workers across the MENA region have access to professional mental health resources

  • The Egyptian pound has lost half its value against the dollar since early last year, shooting prices upward and adding...

    The previous record of 34.2 percent in July 2017 came, as it does now, following a sharp currency devaluation connected to a bailout loan from the International Monetary Fund

    Official data had shown skyrocketing inflation appearing to ease in the past few months, before food and drink prices alone registered a 64.9 percent increase compared to June 2022

  • A TRENDS exclusive report takes a hard look at how tens of thousands of white-collar workers in Middle East are...

    It is estimated that businesses in the Middle East suffer a loss of $100 billion every year on account of mental health challenges due to lost working hours

    It has also been found that only 15 percent of white-collar workers across the MENA region have access to professional mental health resources

  • Dubai, UAE-- Dubai's Roads and Transport Authority (RTA) has reported a 10 percent increase in revenues for 2022 to $953...

    RTA reported 814 million digital transactions up from 676 million in 2021, a 20 percent growth rate, in addition to a 30 percent jump in the number of registered users

    Mattar Al Tayer, Director-General of RTA, said that the company was going ahead with its digitization projects in order to increase its global competitiveness