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.
  • JV to develop accommodation project in Abu Dhabi island.

    This project aims to address the diverse housing needs of employees in sectors such as healthcare, transportation.

    Upon completion, the project will cater to approximately 5,000 staff, offering a convenient environment.

  • DUBAI, UAE - The Ministry of Energy and Infrastructure (MoEI) has joined UAE's National In-Country Value (ICV) program following a...

    The MoU supports national strategic objectives to boost the growth of the industrial and advanced technology sectors.

    It aligns with the National ICV program's aims to enhance economic growth by redirecting government expenditure into the national economy.

  • Exhorting the Security Council to adopt what she called as innovative attempts to address the interplay between climate change, peace...

    The minister exhorted the council to approach conflicts through a climate-sensitive lens, strengthening the capacity of relevant peace operations

    Chairing presidency of the UN Security Council for June, the UAE held the debate under the title "threats to international peace and security"

  • Riyadh, Saudi Arabia-- Saudi Arabia has recorded an 8.7 percent increase in gross domestic product (GDP) in 2022, as against...

    The kingdom's growth was driven by oil, which contributed 15.4 percent to the overall GDP growth, while non-oil activities also made a positive contribution of 5.4%

    In 2023, stable commodity and food prices are expected to limit upward pressure on imported goods as the dollar continues to gain strength

  • Tehran, Iran--Qatar and Iran are looking to boost monetary and banking cooperation that would propel all-round development of trade between...

    The establishment of monetary and banking relations between Doha and Tehran will drive the volume of trade between the two countries significantly

    Referring to Tehran-Doha joint cooperation, Qatar's central bank governor said that there are many opportunities to increase trade between Qatar and Iran

  • Dubai, UAE-- Dubai Airshow 2023 will show off the latest trends in the advanced aerial mobility (AAM) market as disruptive...

    The airshow in Dubai will lure global industry players and thought leaders from across aerospace, space and defense later this year to showcase the latest innovative solutions

    Participants at the airshow will have the chance to look up a host of aerial transport solutions, including drones, UAVs, UAMs and eVTOLs, at the brand new AAM pavilion

  • Geneva, UAE - The private sector has increased its contribution to the UAE GDP to more than 70 percent, making...

    The UAE economy grew by 7.6 percent in 2022 and the total economic licences registered in the country reached over 1,014,000 licences

    The country will discuss enhancing the resilience of the global economy to face crises and climate change at this COP28 later this year

  • oil, prices, crude, asian stocks

    "The shift to a clean energy economy is picking up pace, with a peak in global oil demand in sight...

    IEA forecast in its Oil 2023 medium-term market report that annual demand growth would slow sharply over the next five years

    Energy prices soared last year after Russia, a major exporter of fossil fuels, invaded Ukraine and cut deliveries of natural gas to Europe

  • The new law seeks to provide a robust legal framework governing all contracts and transactions, instilling confidence in business sector...

    The new law seeks to provide a robust legal framework governing all contracts and transactions, instilling confidence in business sector and fostering growth across industries

    To ensure fairness and transparency in business dealings, the Saudi law brings clarity and consistency to the legal landscape while increasing the ability to predict judgments

  • Dubai, UAE - The UAE's precious metals market, which includes gold, jewelry, gold bars, and silver, is expected to reach...

    The UAE leads the Middle East in gold consumption, with the country's jewelry sector playing a significant role in this achievement

    In 2022, consumers in the country purchased a combined 46.9 tonnes of gold, representing a 38 percent increase from the previous year