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--The GCC has called for the strengthening of trade and investment relations with the United Kingdom amid the...

    The GCC secretary general made the remarks during a meeting with Kemi Badenoch, UK business secretary in Riyadh

    Albudaiwi and Badenoch reviewed joint preparations for holding the fourth round of negotiations to be held in London, in July

  • The International Energy Agency (IEA) said that while the increasing investment in solar power is a welcome development. but investment...

    Annual investment in clean energy is expected to have risen by 24 percent from 2021 to more than $1.7 trillion in 2023, according to the International Energy Agency

    The IEA expects investment in solar power, essentially photovoltaic panels, to hit $380 billion this year while investment in oil exploration and extraction to hit $370 billion

  • Sharjah, UAE-- The emirate of Sharjah has seen a 22 percent growth in population to 1.8 million inhabitants, as against...

    The census revealed that the emirate's working population has shot up to 1.1 million from 856,000, a growth of 22 percent

    Out of the total population of 1.8 million, the number of expatriates living in the emirate is 1.6 million, and the rest are the local citizens

  • "Only a few cases of child abandonment" were officially documented before the war broke out in 2011, according to the...

    Health department official said that 53 abandoned newborn babies had been registered in government-controlled areas in the first 10 months of last year

    Syrian President this year issued a decree creating dedicated facilities for the children, who would be automatically registered as Arab, Syrian and Muslim

  • Tehran, Iran-- Iran seeks economic integration and multilateralism in international relations, according to the Islamic Republic's President Ebrahim Raisi. The...

    The president told reporters at the airport in Tehran that Iran's relationship with different countries is based on regionalism and neighborhood policy

    The Islamic Republic, according to the president, signed agreements with Indonesia in energy and economic fields, in addition to signing other MoUs

  • Abu Dhabi, UAE--Abu Dhabi Housing Authority has joined hands with Q Holding to build new housing projects in West Baniyas...

    Nearly 1,500 residential villas will build in the West Baniyas, besides other infrastructure such as gardens, public facilities, services, mosque and commercial buildings

    The other housing project in Al Samha will see the construction of 242 residential villas, mosques and retail units and would cost close to US200 million

  • The contribution of the non-oil sector to the growth of the economy is the strongest in the Gulf region, which...

    Qatar pledges 20 percent of its Special Drawing Rights to support countries with low growth and climate risks, says IMF Managing Director Kristalina Georgieva in Doha

    Despite global economic slowdown predicted for 2023, Qatar's diversified economy is expected to outperform global growth rates, she adds during Qatar Economic Forum

  • Dubai, UAE -- Dubai's real estate market recorded real estate deals worth AED 5.1 billion ($1.38 billion) on Tuesday and...

    A total of 500 sales transactions worth AED1.21 billion were recorded on Wednesday, in addition to 103 mortgage deals totaling AED267.86 million.

    On Tuesday, the market recorded 612 sales transactions worth AED2.51 billion, in addition to 126 mortgage deals of AED 613.53 million.

  • International markets have been unnerved by the battle between US President Joe Biden and opposition Republicans on US borrowing limits...

    But she added that the Washington drama was "unnecessary for a world economy that is in such high uncertainty".

    Kristalina Georgieva told the Qatar Economic Forum that central banks must keep interest rates high to tame inflation but there should be improvement in 2024.

  • Dubai, UAE -- A 22 percent drop in net profit was reported by Tadawul-listed companies in the first quarter of...

    Argaam reported the decline in net profit was due to a drop in Saudi Aramco’s first quarter earnings by more than 17 percent, as well as lower earnings of petrochemical companies. 

    The first-quarter results included SAR 5.87 billion one-off gains generated by Kingdom Holding Company (KHC) from selling half of its stake in Four Seasons Holding.