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.
  • ABU DHABI, UAE - The Central Bank of the UAE (CBUAE) and the Egyptian Banking Institute (EBI) which is under...

    CBUAE and Egyptian Banking Institute reviewed the prospects to enhance cooperation and exchange information.

    They also discussed supporting professional capabilities-building and expertise development.

  • SHARJAH, UAE - The Sharjah Consultative Council (SCC) has approved its recommendations regarding the Districts and Villages Affairs Department (DVA)...

    The recommendations touched on the importance of providing social and psychological specialists in the suburb councils.

    They also called for expanding the establishment of a suburb festival to include various cities and regions of Sharjah.

  • AMMAN, JORDAN - Investments in industrial estates in 2022 hit US$4.2 billion (JD3 billion), an increase of 19 percent compared...

    Jordan Industrial Estates Company said that 27 of the new investments were in the service sector, with a growth rate of 26 percent.

    The remaining 147 new investments were in the industrial sector, with a growth rate of 7 percent over the previous year, JIEC said.

  • It will target Qatar-based small and medium enterprises.

    QDB Acting CEO said that supporting sustainability through this and other programs is part of the bank's strategy to support environmentally friendly projects

    QDB will finance 80 percent of a project's total cost for companies that will produce final green products with a positive and sustainable environmental impact

  • Baghdad, Iraq--Iraq saw the Gulf Cup as a chance to rehabilitate its image after a years-long football hosting ban, but a...

    The stampede outside a football stadium ahead of the cup final in the southern city of Basra killed one person and injured dozens

    The Gulf Cup was an opportunity to show that Iraq could safely host a tournament, as the country seeks to rebuild after decades of conflict

  • Advanced economies are expected to slow down further this year, while ASEAN-6 economies are more resilient to the current macro...

    Pre-pandemic, Southeast Asia was one of the most dynamic economic regions in the world, prompting opportunity and growth at a significant scale for decades, says a QNB report

    Advanced economies may slow down further this year, while ASEAN-6 economies are more resilient to the current macro scenario and should present robust, mid-single digit growth

  • The Gulf country expects the average amount of oil production to increase to 2,701,000 barrels this year, the latest Institute...

    The Gulf country expects the average amount of oil production to increase to 2,701,000 barrels this year, the latest Institute of International Finance report points out

    Real GDP growth is expected to slow to 2.5% in 2023 if average crude oil output stabilizes, while real growth outside hydrocarbon sector is projected to stabilize at 3.8%

  • BAGHDAD, IRAQ - The Civil Aviation Authority announced the work to conclude new air agreements with the Gulf states. A spokesman...

    A spokesman for the Civil Aviation Authority said We have agreements with all Gulf countries and all Gulf national carriers that land in Iraqi airports

    He added that in the future, there may be air agreements with Kuwait as well.

  • DOHA, QATAR -  Qatar Chamber First Vice-Chairman Mohamed bin Ahmed bin Twar Al Kuwari met with President of the Republic...

    The meeting touched on economic and commercial relations between Qatar and Cuba.

    The Qaraei delegation also discussed the business opportunities offered by the Cuban side in the sector of water resources.

  • DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has implemented the SAP Audit Management System (TAWKEED), becoming the first...

    DEWA's Internal Audit Department is an independent assurance function that adopts the best-in-class standards and practices.

    The Internal Audit department at DEWA operates under an approved charter.