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.

  • Containing the fallout of climate change, addressing related damage and losses, and meeting the relevant needs of developing countries are...

    Containing the fallout of climate change, addressing related damage and losses, and meeting the relevant needs of developing countries are key challenges, says Sheikha Shamma

    The UAE’s leadership is prioritising the issue of climate change and has taken proactive steps to accelerate the pace of its climate action efforts, she adds

  • Since October, many shops in Tunisia have restricted milk purchases to two cartons per person as consumers scramble for limited...

    The North African country's farming union says the price of cattle feed has risen by up to 40 percent in the past year

    The dairy sector's woes have been exacerbated by years of drought, drying up reservoirs and making it harder for farmers to grow their own fodder

  • The Gulf countries are witnessing an increase in investors' confidence due to the region's comparatively good economic conditions, a latest...

    The Gulf countries are witnessing an increase in investors' confidence due to the region's comparatively good economic conditions, a latest JLL report highlights

    Since mid-2020, the oil price has rebounded strongly, boosting consumer and investor confidence and resulted in significant financial infusions into the real estate market

  • Stock markets rose as US data showed the country grew at a slower pace in 2022 but finished the year...

    For 2022 as a whole, the US economy grew at a slower pace than the previous year, expanding 2.1 percent, the Commerce Department said.

    Investors are also focused on the next move of the US Federal Reserve, which has hiked rates since last year in a bid to tame galloping inflation.

  • Household spending and business investment remained positive in the final quarter last year though they slowed, while inventories and net...

    Economic activity has been moderating as the US central bank hiked the benchmark lending rate seven times last year.

    Against this backdrop, the world's largest economy expanded 2.1 percent for all of 2022, down from the figure in 2021.

  • DUBAI, UAE - Dubai Gold and Commodities Exchange (DGCX) Thursday announced its full-year market statistics for 2022, reporting 8.239 million...

    The DGCX is the largest and most diversified derivatives exchange in the Middle East.

    DGCX saw steady trading in Indian Rupee, as market participants looked to hedge their exposure to one of the world’s fastest-growing economies.

  • The company's Q4 net profit surged to US$3.4 billion.

    Nokia's annual net sales grew 12 percent to US$27.1 billion (24.9 billion euros)

    The company is engaged in a major competition to install 5G networks around the world

  • ABU DHABI, UAE - The UAE is determined to foster the attractiveness and competitiveness of the business environment in order...

    The UAE aims to offer a legislative framework to enable companies to promote the new economic model, particularly the commercial agencies sector.

    With innovative projects and crucial commercial activities, this sector significantly contributed to the country's development during the past several years.

  • The area of land used for opium poppy cultivation expanded by a third to just over 40,000 hectares in 2021-22...

    The UNODC estimates Myanmar's opium economy is worth around $2 billion -- the equivalent of up to three percent of the country's GDP in 2021

    A combination of the pandemic and the aftermath of the coup hammered Myanmar's economy with an 18 percent contraction in 2021, according to the World Bank

  • Vienna, Austria--The OPEC Fund for International Development (the OPEC Fund) has lent Panama a US$120 million in loan to support...

    The money is intended to mitigate, contain and reverse the effects of climate change, helping Panama to achieve its long-term climate change commitments

    Panama is considered a carbon negative country with almost no contributions to global emissions but the country is vulnerable to the impacts of climate change