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.
  • General public budget revenue grew 9.1 percent from 2021, excluding the impact of value-added tax credit refunds, according to the...

    General public budget revenue grew 9.1 percent from 2021, excluding the impact of value-added tax credit refunds, according to the Ministry of Finance

    Monday's data also shows that the country's general public budget spending expanded 6.1 percent year-on-year to 26.06 trillion yuan in 2022

  • Production of the fuel reached 3.1 trillion cubic feet for the month of October, according to the most recently available...

    The industry has been in growth mode since the summer of 2021 when Russia began trimming shipments to Europe, according to Steven Miles

    In recent years, some 14 new liquefaction terminals have been approved in US, with the first set to begin operating in 2024

  • Linking of banking system with Russia is seen as an attempt by both the countries to get around the US...

    Linking of banking system with Russia is seen as an attempt by both the countries to get around the US economic sanctions

    Iran's top authority, Supreme Leader Ali Khamenei, said on Monday that the country faced "a tangible welfare and livelihood problem."

  • The world's second-largest economy is roaring back to life after Beijing's decision last month to abruptly drop its strict zero-Covid...

    The International Monetary Fund on Monday upgraded its forecast for China's 2023 gross domestic product (GDP) to 5.2 percent, citing Beijing's decision to fully reopen

    China's economy grew just three percent last year - its slowest pace in four decades excluding pandemic-hit 2020 - as Covid lockdowns and the property market crisis hampered growth

  • Saudi Arabia plans to invest more than US$266 billion to produce cleaner electricity and expand its power grid, the kingdom's...

    Despite its goal of achieving net zero carbon emissions by 2060, Saudi Arabia remains hugely dependent on crude oil exports.

    The Saudi minister said the Kingdom is determined to be the leading exporter of clean hydrogen.

  • ABU DHABI, UAE - Abu Dhabi Global Market (ADGM) Monday received a French  delegation to strengthen bilateral relations through dialogues...

    ADGM is home to an increasing number of French companies including renowned anchor tenants such as BNP Paribas Group.

    Dialogues were exchanged through an open platform discussion along with closed-door sessions and roundtables.

  • ADIB's revenue increased by 23% to US$1.8 billion in 2022.

    ADIB reported a 60 percent growth in the fourth quarter of 2022 with a net profit of US$326 million.

    The bank's revenue in 2022 was driven by a 43 percent increase in fees and commissions and a 24 percent growth in funded income.

  • ABU DHABI, UAE - UAE Ministry of Industry and Advanced Technology (MoIAT) Monday launched the Industrial Census project, in collaboration...

    The project aims to create a comprehensive database of all establishments that practice industrial activities.

    The project will help create new investment opportunities for manufacturers, investors and owners of industrial companies.

  • Brent crude futures were down 74 cents, or 0.8 percent, to $85.92 a barrel at 0710 GMT, while West Texas...

    Brent crude futures were down 74 cents, or 0.8 percent, to $85.92 a barrel at 0710 GMT, while West Texas Intermediate crude was down 61 cents

    The US central bank is expected to raise interest rates by at least 25 basis points in its policy meeting on January 31-February1

  • Dubai, UAE-- Over 2,000 cyclists from the UAE and overseas are expected to participate in the 13th edition of the...

    The cycling event will be organized on 19th February 2023 with the support of the Dubai Sports Council and the UAE Cycling Federation

    The Spinneys Dubai 92 Cycling Challenge comprises an outrider race for amateurs with a short distance of 40 km