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.
  • TUNIS, TUNISIA -  A goalkeeper at a top-flight Tunisian football club has reached Italy as a clandestine migrant, his club said...

    Tunisia is struggling with a grinding economic crisis that has seen a growing wave of clandestine migration attempts in recent months.

    Rome says over 32,000 migrants, including 18,000 Tunisians, reached Italy from Tunisia last year.

  • Total operating income rose 11% in 2022 compared to 2021.

    UAB is focused on positioning itself as the partner of choice among major corporate clientele segments.

    The bank's CEO said that their focus will remain on the delivery of an enhanced customer experience.

  • Fashion house posted huge earnings despite inflation.

    Sales rose 29 percent to US$12.3 billion at current exchange rates.

    Hermes said its sales rose by 30.7 percent in the Asia-Pacific region, excluding Japan, in the last three months of 2022.

  • Riyadh, Saudi Arabia---Saudi Arabia's Transport General Authority has signed the largest project for transporting passengers by buses through a network...

    The network, which involved major global alliances, will cover more than 200 cities and governorates.

    The network is expected to serve more than 6 million passengers annually through 76 routes, with a new fleet of buses equipped with the latest technologies.

  • DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer spoke of the...

    DEWA CEO highlighted organization’s key initiatives and projects to promote sustainability, renewable and clean energy, and energy efficiency.

    These include DEWA’s space program (Space D) which supports the National Space Strategy 2030.

  • The external e-commerce players, projected to grow by 19.2 percent from 2022 to 2026, are expected to capture a share...

    The external players, projected to grow by 19.2 percent from 2022 to 2026, are expected to capture a share of 34 percent of the total online shopping in the UAE.

    The size of the UAE e-commerce sector will reach US$ 9.2bn by 2026, growing at a compound annual growth rate of 12.6 percent, says Dubai Chamber of Commerce

  • Firm's profit rose due to gas and crude oil prices spike.

    Britain's government of Prime Minister Rishi Sunak is temporarily subsidizing electricity and gas bills this winter.

    Centrica expanded its stock buyback scheme to hand another $360 million to shareholders.

  • Lebanon's cash-strapped banks have imposed strict restrictions on withdrawals, barring depositors from accessing their savings, especially those in US dollars.

    The pound is trading at about 80,000 to the greenback on the black market versus 60,000 at the start of the month.

    around 50 protesters smashed the facades of four banks and burned car tires in the central Beirut neighborhood of Badaro.

  • DUBAI, UAE -  Investopia, the global investment platform launched by the UAE Government, and Mubadala, the sovereign investor, announced a...

    Mubadala and its portfolio companies will expand their participation across the different activities taking place during Investopia.

    The pact will include the participation of Mubadala’s senior leadership in the program, the firm's engagement in the various activities targeting start-ups.

  • ABU DHABI, UAE -  The UAE and India share solid relations, said the Abu Dhabi Chamber of Commerce and Industry...

    The Indian delegation was headed by the Assistant Secretary-General of the Federation of Indian Chambers of Commerce & Industry.

    The delegation included representatives of over 30 private companies across a wide range of industries.