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--Saudi Arabia and South Korea have signed two agreements on Tuesday for future mobility and roads in the...

    The agreements between the two countries will boost cooperation in mobility and innovation in the transport and logistics services sectors

    Both the countries will, in accordance with the spirit of the agreement, exchange experiences to solve challenges in adopting modern technologies

  • Doha, Qatar: Qatar and Spain have launched the Qatar Spain Innovation Program (QASIP), a joint venture between the Qatar Research,...

    The program aims to support collaborative research and development projects in energy, health, resource sustainability, and digital technology

    The program is the first fruit of cooperation between the QRDI Council and CDTI, following a MoU signed by Qatar and Spain in 2022

  • Muscat, Oman--The Central Bank of Oman (CBO) has raised $36.35 million by way of allotting treasury bills on Tuesday, the...

    According to the central bank, the value of the allotted treasury bills amounted to $26 million, for a maturity period of 28 days

    The bank added in a statement that the allotted treasury bills amounted to $10.38 million for a maturity period of 91 days

  • Abu Dhabi, UAE -  The UAE is growing the number of Electric Vehicle (EV) charging stations from 500 to 800...

    Recent years have seen the UAE make a push towards adoption of electric vehicles

    The country's EV market is expected to grow at a CAGR of 30 percent until 2028

  • Saudi Arabia remains the largest projects market in the GCC as the total value of contracts awarded increases by 54.7...

    Saudi Arabia remains the largest projects market in the GCC as the total value of contracts awarded increases by 54.7 percent YoY during Q1-2023 to US$29.9bn, says a latest report

    The GCC's construction sector is set to take the lion's share of project awards in 2023, even as water, petrochemical, and power sectors may also perform well, adds the report

  • Seeking to widen its foreign trade and grow national economy, the UAE has signed Comprehensive Economic Partnership Agreement (CEPA) negotiations...

    The UAE has signed four agreements with India, Israel, Indonesia and Turkey, with the first two having already come into force

    The country is holding negotiations with many other nations in the neighborhood and beyond to arrive at similar agreements

  • There are three reasons why the Fed should not increase interest rates further: First, the US financial system is still...

    US inflation progress expected to stall despite robust labor market. Fed should avoid further rate hikes and focus on supporting the economy

    The Bureau of Labor Statistics may report higher prices for core goods, driven by rising vehicle prices, counteracting cooling effect in other sectors

  • French retailer is first foreign supermarket chain in Israel.

    Simmering rage over costs and income inequality dominated the country's elections in November.

    Inflation hit 5.2 percent year-on-year, the central bank said in April, a record high for Israel in over a decade.

  • MADRID, SPAIN -  The World Tourism Barometer published its second report of the year, which showed that international tourism is...

    During Q1 2023, twice as many people traveled internationally than in the same period of 2022, with 235 million estimated tourists.

    The report revealed that international arrivals have reached 80 percent of pre-pandemic levels in the first quarter of 2023.

  • The company posted Q1 revenue of US$694 million.

    Fertiglobe reported free cash flow of $271 million in the first quarter.

    The firm continues to have a strong order book for the coming months.