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.
  • Ministerial-level talks are underway among the GCC nations to achieve a single visa agreement, says Bahrain's Tourism Minister Fatima Al...

    Ministerial-level talks are underway among the GCC nations to achieve a single visa agreement, says Bahrain's Tourism Minister Fatima Al Sairafi during an event in Dubai

    The unified GCC visa strategy aims to boost tourism sector's contribution to GDP, create employment, enhance competitiveness and ensure sustainability of the industry

  • Iran's president hailed his visit to Damascus as a "turning point", after Tehran's support helped Syria retake most of the...

    Raisi said Iran and Syria had signed 15 "cooperation documents" which would allow "both countries to open a new chapter in economic relations".

    Raisi and Assad signed a deal on "long-term strategic cooperation", covering fields including oil, aviation, railways and agriculture.

  • Frankfurt, Germany - The European Central Bank delivered a smaller interest rate hike Thursday as higher borrowing costs begin to take...

    It was the seventh-straight increase in the ECB's unprecedented campaign of monetary tightening that began last year after costs of everyday goods began to soar.

    Thursday's increase brings the ECB's deposit rate to 3.25 percent, its highest level since 2008.

  • DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) has added Samsung Pay to its many options for customers to...
  • The firm says sales declined in Europe and China.

    Overall vehicle sales declined by 1.5 percent year-on-year, with a 6.6 percent slide in China and a 1.9 percent decrease in Europe.

    In Europe, "the environment was characterized by persistent inflation and high interest rates," BMW said.

  • BERN, SWITZERLAND - The UAE discussed bolstering strategic relations and cooperation in various development, economic and financial fields of common...

    A UAE minister said financial dialogue offers opportunities for collaboration between both countries to achieve further growth and prosperity.

    He also mentioned that the global economy went through fast developments since both parties last met in Abu Dhabi in March 2022.

  • Dubai, UAE - ZāZEN Properties, a sustainable property developer in the United Arab Emirates (UAE), has noted a surge in...

    With overall property prices increasing, residents are searching for the best ways to invest their money, whether as a long-term profitable option or to live in the property

    Also, due to the overall increase in mortgage and rental rates investing in one or two-bedroom units versus larger apartments or townhouses has become preferable

  • Abu Dhabi, UAE— AD Ports Group will add drydock services to its portfolio at Khalifa Port in an expansion of...

    The port with the expansion in services, from container and cargo handling, vessel repairs and maintenance, is aiming to improve client service

    The CEO of AD Ports said the addition of new service will drive growth and enhance the company's competitive position in the market

  • Cairo, Egypt--Egypt’s current account deficit fell 77.2 percent to $1.8 billion in the first half of the North African country’s...

    The drop in the deficit was caused by current account turning a $1.41 billion surplus last year as imports dropped and exports soared

    According to S&P Global's report, the downturn in the business sector softened in April as cost inflation fell to a on-year low

  • Doha, Qatar - Inbound visitors to Qatar surged by 183.5 percent YoY in March, according to the 111th issue of...

    The total number of visitors reached 433,000 in the month, a rise of 11% over February

    Gulf Cooperation Council visitors accounted for the highest number at 38%