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.
  • Paris, France – Sovereign borrowing needs are expected to increase in 2023 against the backdrop of the financial and economic...

    Outstanding central government debt declined as a share of GDP, from a peak of 88 percent in 2020 to 83 percent in 2022

    The total stock of sovereign sustainable bonds now exceeds $325 billion, 75 percent of which are focused on climate and environmental projects

  • SHARJAH, UAE - Sharjah Economic Development Department (SEDD) organized multiple workshops for legal purposes and a number of investors and...

    In the workshops , the legislative frameworks for real beneficiary and combating money laundering were reviewed.

    The purpose of the event is to form an ideal investment climate which supports business continuity, said an official.

  • The merged firm will have a combined revenues of $3.4bn.

    The new group, called Allen Overy Shearman Sterling or A&O Shearman, was "truly a game-changing moment for both firms".

    The merged firm will have around 3,900 lawyers and about 800 partners across a total of 49 offices worldwide.

  • ABU DHABI, UAE -   The Abu Dhabi Judicial Department (ADJD) discussed legal and judicial issues with a delegation from Norway....

    The delegation was briefed about applicable regulations, the Judicial Department's initiatives to establish specialized courts for foreigners.

    It was also briefed about the pioneering experience with remote litigation at the stage of registration of claims, case preparation and hearing.

  • Sudan is the world's largest producer of the raw gum which is a major source of foreign currency for the...

    A gum arabic producer in Sudan, Ahmed Mohammed Hussein, said the absence of buyers has led to a price collapse of around 60 percent

    Gum arabic exports from Sudan totalled 88,000 tonnes in 2021, earning $110 million, according to central bank figures, the latest official data available

  • Dubai, UAE--Dubai Electricity and Water Authority (DEWA) is looking to cooperate with World Smart Sustainable Cities Organization (WeGO) in urban...

    The two sides discussed cooperation in urban sustainability, smart technologies and innovative solutions to achieve sustainable development goals

    DEWA CEO underscored the company's plan to achieve the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050

  • Riyadh, Saudi Arabia ‒ The Public Investment Fund (PIF) owned Water and Electricity Holding Company (Badeel) and ACWA Power are investing $3...

    The solar projects are part of the National Renewable Energy Program (NREP) which is led and supervised by the Ministry of Energy

    These projects intend to produce a combined capacity of 4.55GWac of renewable energy, powering approximately 750,000 households

  • Amman, Jordan-- Jordan and Iraq have discussed ways to boost bilateral cooperation in order to develop trade through Karama border...

    The agreement to boost trade exchange came in a meeting between Jordanian and Iraqi ministers in Baghdad, in which other sensitive border issues were discussed too

    The Jordanian minister said the kingdom was constantly focusing on expanding joint cooperation in various fields, particularly in security and economic domains

  • Abu Dhabi, UAE-- Mubadala will continue to advance the UAE's knowledge-based economy in a way that contributes to solutions for...

    Sheikh Mansour noted that the year 2022 marked twenty years since the Abu Dhabi government set up Mubadala to advance a national agenda focused on knowledge creation and innovation

    He said Mubadala's philosphy, agility and long-term investment approach have created a vast array of opportunities for Emiratis that did not exist two decades ago

  • SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) announced it will be sending a trade mission to...

    The initiative aims to bolster economic and trade cooperation, foster mutual investment, and establish promising partnerships between Sharjah and India.

    The upcoming trade mission is expected to support the chamber's strategic goals of driving foreign expansion and exploring new markets.