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.
  • Hiring in the United States heated up again in May, according to government data released, with the strong labor market...

    The United States added 339,000 jobs last month, surpassing estimates and picking up from a revised 294,000 figure in April.

    Wage gains in the US moderated slightly with average hourly earnings up by 0.3 percent, slightly down from 0.4 percent in April.

  • ABU DHABI, UAE - The Ministry of Industry and Advanced Technology (MoIAT) and MEXT signed a memorandum of understanding (MoU)...

    The move is part of the UAE's efforts to accelerate decarbonization and digitalization within the global manufacturing sector.

    First implemented in the UAE in February in line with the UAE Net Zero by 2050 strategic initiative, the ITTI will soon be deployed in the region.

  • Analysts are now divided over whether Saudi Arabia and Russia will keep the group on course with its current output...

    Oil producers are grappling with falling prices and high market volatility amid the Russian invasion of Ukraine, which has upended economies worldwide.

    In April, countries were caught off guard when several OPEC+ members agreed to voluntarily cut production by more than one million barrels per day.

  • The acquisition is expected to complete by early 2024.

    The offer was pitched at US$48.5 (£38.75) per share - a 44-percent premium from April 12 - before Dechra first revealed it was holding bid talks.

    Dechra Pharmaceuticals has over 2,000 employees and seven production sites across the world, and sells veterinary products in 63 countries.

  • Dubai, UAE -- French multinational aerospace and defense technologies company Thales has launched 'Go to UAE' initiative with the support...

    Launched on day two of the Make it in the Emirates Forum, the initiative is being carried out in collaboration with Tawazun Council.

    The initiative will help UAE suppliers benefit from this program by integrating with opportunities across Thales Global Supply Chain.

  • "In May, 33 vessels departed Ukrainian ports, half of the number compared to April. Only three of those departed from...

    UN says Russia "has informed of its decision to limit registrations to the port of Yuzhny/Pivdennyi as long as ammonia is not exported"

    Moscow is calling in particular for a resumption of operations on the Togliatti-Odessa pipeline for deliveries of ammonia

  • Despite reaching an agreement in principle last October on a bailout package worth nearly $2 billion, talks with the IMF...

    "Instead of lifting subsidies in the name of rationalisation, it would be possible to introduce additional taxes on those who benefit from them without needing them," Saied said

    Tunisian president did not say how such a plan might operate as employees' taxes are deducted at source and many Tunisians in the private sector do not declare their full income

  • Abu Dhabi, UAE - Eight new projects were announced on Thursday during the Make it in the Emirates Forum in...

    Abu Dhabi’s Industrial Strategy aims to double the sector’s GDP contribution by 2031, leveraging strong enablers such as infrastructure and competitive operational costs,

    The Abu Dhabi Investment Office and its partners signed MoU with high-growth companies covering key areas, including manufacturing, banking, oil & gas and healthcare

  • Dubai, UAE - Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum on Thursday approved the new futuristic development masterplan...

    Spanning an area of 13.4sq and occupying an area twice the size of Palm Jumeirah, Palm Jebel Ali will feature green spaces and unique waterfront experience

    Palm Jebel Ali will feature over 80 hotels and resorts, and a wide choice of entertainment and leisure facilities that will contribute to Dubai’s tourism sector

  • SHARJAH, UAE - The fourth edition of the Jewels of Emirates Show, the first Emirati exhibition dedicated to diamond jewelry,...

    The Expo Centre Sharjah with the support of the Sharjah Chamber of Commerce and Industry (SCCI) is hosting the event.

    Sheikh Majid bin Faisal bin Khalid Al Qasimi, First Deputy Chairman of the Chamber, inaugurated the exhibition.