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.
  • BAGHDAD, IRAQ  - Iraqi Parliamentary Speaker Mohammed al-Halbousi said that an oil pipeline from Basra port to the Jordanian port...

    Iraq and Jordan will form joint parliamentary committees to overcome legislative impediments to projects.

    The Jordanian delegation held a series of meetings with Iraqi officials.

  • UAE Minister of Energy Suhail bin Mohammed Al Mazrouei highlighted the UAE Energy Strategy 2050, the first unified energy strategy...

    UAE’s clean energy production in 2021 totaled 7,035.75 megawatts (MW), underscoring the country's efforts in the clean energy sector.

    The minister said that once commercially operational, the third reactor will add another 1,400 MW of carbon-free electricity to the UAE's electricity grid.

  • SHARJAH, UAE - Sharjah Chamber of Commerce and Industry (SCCI) in 2022 continued its role in creating investment environment and...

    Sharjah Chamber bolstered its competitiveness by protecting the interests of businessmen and supporting its members in the private sector.

    The Chamber contributed to the growth of the local economy across all sectors, promoting export and re-export activities of its members

  • While the official exchange rate has been fixed at 1,470 Iraqi dinars against the dollar, the currency was trading at...

    Hadi al-Ameri, a key figure in the pro-Iran former paramilitary Hashed al-Shaabi, has accused the United States of using the dollar "as a weapon to starve nations"

    The Iraqi central bank has described the currency fluctuation as a "temporary situation" and the authorities have taken measures seeking to stabilize the exchange rate

  • The airline spokesperson said that 68 passengers were on board along with four crew members and that rescue is underway....

    Footage shared on social media showed flames on the ground and black smoke billowing into the sky

    Air traffic control lost contact with the twin-propeller Twin Otter shortly after it took off from Pokhara and headed for Jomsom, a popular trekking destination

  • Around 1,700 people make a living from Petra as tour guides, trinket sellers or by taking visitors through the site...

    Jordan received 4.6 million visitors in 2022 -- almost four times the level from 2020 -- earning the country $5.3 billion

    The recovery in tourism industry was helped by official promotional campaigns in new overseas markets, low-cost airline flights and new hotel rooms

  • The move aims at supporting Kingdom's infrastructure development, boosting logistics and providing unique business environment in transport sector, air traffic...

    The move aims at supporting Kingdom's infrastructure development, strengthening logistics, and providing unique business environment in the transport sector, air traffic and ports

    Free markets will increase Saudi exports, reinforcing itss efforts to diversify economy beyond oil, including tourism and travel, that will ultimately benefit the country's economy

  • ABU DHABI, UAE -  UAE Minister of Energy and Infrastructure and Romanian Minister of Energy discussed ways to enhance cooperation...

    The UAE and Romanian ministers discussed importance of international cooperation to address climate change.

    The ministers discussed ways and means to develop cooperation between the two countries

  • Hundreds of Tunisians, including supporters of the Islamist-inspired Ennahdha party, marched Saturday after opponents of President Kais Saied called for...

    "The people want what you don't want. Down with Saied," chanted the activists, including supporters of the Islamist-inspired Ennahdha party

    Saturday's protests were staged in the capital Tunis by two different opposition groups and were held far apart with a heavy police presence

  • ABU DHABI,  UAE - Masdar signed an agreement with four Dutch companies to explore the development of a green hydrogen...

    Masdar, , one of the world’s leading clean energy companies, inked an agreement with Port of Amsterdam, SkyNRG, Evos Amsterdam and Zenith Energy.

    Green hydrogen is produced with green electricity from renewables like wind or solar, in a process that separates water into oxygen and hydrogen via electrolysis.