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.
  • European Central Bank president Christine Lagarde said that a closely watched measure of eurozone inflation does not appear to have...

    Headline inflation for the 20 countries that use the euro dipped more than expected to 6.1 percent, from 7.0 percent the previous month.

    Underlying -- or core -- inflation, which strips out volatile energy, food, alcohol and tobacco prices -- came in at 5.3 percent in May.

  • ISTANBUL, TURKEY -  Airlines will fly 4.35 billion passengers this year, close to the 2019 record as the industry bounces back...

    The sector will also be back in the green, with net profits forecast to reach $9.8 billion in 2023.

    The association said that its 2022 losses were half as bad as previously estimated at US$3.6 billion.

  • Consumer prices rose by 39.6 percent on an annual basis and were almost stable, at 0.04 percent, compared to the...

    The latter say annual inflation stands at between 105 and 109 percent, depending on whether or not the free gas offer is taken into account.

    Erdogan, who is starting a third term in office, has said tackling inflation is a top priority. It exceeded 85 percent in autumn 2022 before starting to slow in Nov.

  • Dubai, UAE -  Around 70 percent of top-performing teams in the GCC have a higher percentage of women, underscoring the...

    Saudi Arabia has seen the fastest pace of change, reaching 37 percent female participation in the first quarter of 2023

    The survey sheds light on the persisting gender biases and stereotypes that continue to hinder progress towards gender equity in the region

  • Muscat, Oman-- Looking to entice investors to the country's fisheries sector, Fisheries Development Oman (FDO) is taking part in Saudi...

    The Omani delegation to the event will showcase investment prospect in the country in areas such as aquaculture, commercial fishing, management of fishing posts

    FDO was set up to develop the fisheries industry in the country by investing in profitable projects that could highlight its economic value to investor

  • On Sunday, lawmaker Mark Daou read a statement on behalf of a group of 32 legislators, endorsing Azour after weeks...

    There have been 11 parliamentary votes to try to name a new president, but bitter divisions have prevented anyone from garnering enough support to succeed Aoun.

    Crisis-hit Lebanon has been run by a caretaker government with limited powers since legislative elections in May 2022 resulted in no side with a clear majority

  • Sharjah, UAE-- In order to supply water from Al Zubair station to Al Shanouf suburb, Sharjah Electricity Water and Gas...

    Started in July 2022, SEWA employed environmentally-friendly materials to ensure water quality, while catering to the growing demand for freshwater

    Residents in Mahdub, Hadibah, and the new sections of Al Shanouf suburb will now have a sustainable supply of fresh and pure water

  • The country aims to reach the volume of real estate trading to QR 100 billion (US$27.4 billion), especially since real...

    Qatar's advanced infrastructure, health sector, and education system play significant roles in bolstering the real estate sector, says the Minister of Municipality

    The Gulf country's goal is to reach a volume of real estate trading of QR 100 billion (US$27.4 billion), adds Dr. Abdullah bin Abdulaziz bin Turki Al Subaie

  • Al Hilal football club officials are in Paris to seal a mega-deal with Lionel Messi, who is leaving Qatar-owned Paris-Saint...

    According to Saudi media reports, French striker Karim Benzema, who is departing Real Madrid, has signed with Jeddah-based Al-Ittihad

    The kingdom, the world's biggest oil exporter, has poured hundreds of million into sports deals including Ronald's signing and Formula One

  • Abu Dhabi, UAE--AD Ports Group has signed a 25-year agreement with the Singapore-based company Crystal Offshore, a recognised one-stop logistics...

    As per the deal, Crystal Offshore will construct a base, featuring office facilities and fabrication workshops to provide advanced repairs and refits to jack-up rigs

    According to AD Ports Group, the partnership will add significant value to Khalifa Port's customers and furthermore will expand the many services it offers