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.
  • Most analysts expect a 50-basis point hike in March but, with inflation starting to ease, there are already signs of...

    ECB president Christine Lagarde has repeatedly stressed rates will continue to rise at a steady pace, and the bank is expected to agree on a 50-basis point hike Thursday

    ECB board member Fabio Panetta, known for his dovish stance, said the bank should not commit to any particular hike beyond the forthcoming meeting

  • Amman, Jordan-- The European Union (EU) has signed two agreements with Jordan to provide it with a $70 million in...

    Jordan's Minister of Planning Zeina Toukan said these grants come at an important time to support the development and reform efforts in Jordan

    The EU’s "Food and Resilience Facility" aims to support specific interventions designed according to the domestic context and needs

  • Dubai, UAE--The UAE has launched several innovative health projects in the 48th edition of Arab Health 2023, which began today...

    The three entities have jointly developed projects on display as part of a unique national initiative to provide curative and digital health services

    During the four-day event at the Dubai World Trade Centre, the Emirates Health Platform will witness the launch of an innovative health services package

  • "This very important commitment gives us the opportunity to support Lebanon’s economic development, at this critical juncture. And I want...

    Qatar had entered a consortium to explore for offshore gas in waters near Israel, following a historic border deal last year between the two rivals

    The agreement green-lights Lebanon's exploration of its southern Qana, or Sidon, reservoir following the signing of the landmark accord last October

  • The Kingdom is studying the feasibility of investing in the futuistic UK project, which if materialized may play an important...

    The Kingdom is studying the feasibility of investing in the futuistic UK project, which if materialized may play an important role in combating climate change

    The project's cost is likely to exceed tens of billions of dollars amid expectations that the space solar energy project will be completed by 2040, reports suggest

  • DUBAI, UAE - The Emirates Health Services (EHS) will showcase its 19 innovative healthcare projects during Arab Health Exhibition 2023,...

    Arab Health Exhibition is one of the largest forums that hosts major corporations, authorities and companies from all over the world.

    The forum provides an opportunity to achieve the goals of national strategies and projects that seek to turn the UAE into a global hub for health care.

  • Dubai, UAE - UAE's Federal Tax Authority (FTA) started the ‘Tax Support’ initiative to raise tax awareness among UAE’s business...

    The step is likely to help the businesses in enhancing compliance with tax laws and regulations.

    As a result, the first workshop for 2023 under the initiative was held on 24th and 25th January in Oud Metha, Dubai.

  • RIYADH, SAUDI ARABIA - The Gulf Cooperation Council (GCC) Standardization Organization (GSO) has announced its training plan for 2023 in...

    The 2023 training plan aims at contributing to developing cadres in the national standardization agencies in the member states.

    He said that the GSO will organize 15 training programs and workshops in a number of the cities in the GCC.

  • AMMAN, JORDAN  - Confirming its role as one of Jordan’s main supporters, the European Union (EU) on Sunday signed two...

    The first is financing a US$42 million program in support of Jordan's Ministry of Justice, Judicial Council, Judicial Institute and Public Security Directorate.

    The second US$27 million contributes to the "Green Growth" program from the Food and Resilience Facility.

  • DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) inaugurated 17 new substations in 2022. These include fifteen 132kV stations...

    The transmission substations include 15 132kV stations with a conversion capacity of 2,280 megavolt amperes (MVA) and two 400kV stations with a conversion capacity of 4,000 MVA.

    DEWA installed 5km of 400kV overhead transmission lines and 247km of 132 kV ground cables to connect the substations to the main transmission network.