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.
  • The setback comes despite a record 4.7 percent drop in energy consumption last year, partly in response to soaring fuel...

    Europe's biggest economy emitted 761 million tons of greenhouse gases last year, just one ton fewer than in 2021 and overshooting the target of 756 million tons.

    The German government had aimed to reduce carbon dioxide emissions by 40 percent by 2020 compared with 1990 levels, but has yet to achieve the feat.

  • The UAE Government will invest AED600 billion ($163.36bn) in renewable energy by 2050 to meet the country's growing energy demand...

    Announced in 2017, the UAE Energy Strategy 2050 aims to reduce the carbon footprint on power generation by 70 percent.

    The UAE has since launched notable initiatives and taken significant steps towards realizing these goals by 2050.

  • The Gulf emirate's ruler, Sheikh Mohammed bin Rashid Al-Maktoum, unveiled in a series of tweets the Dubai Economic Agenda, dubbed...

    The new economic agenda would also add 400 cities to Dubai's list of trading partners, increasing foreign trade in the coming decade by 44 percent to 25.6 trillion dirhams.

    It would also see foreign direct investment in Dubai exceed 650 billion dirhams within 10 years, according to Sheikh Mohammed.

  • Doha, Qatar-- Qatar ranks first among the world’s top destinations for foreign direct investment (FDI), owing to its strong economic...

    "FDI Standouts Watchlist 2023" by fDi Intelligence analyzes the macroeconomic and foreign direct investment (FDI) trajectory of the world’s top 50 FDI destinations.

    In 2022, the top sectors for FDI projects were Oil and Gas, financial services, and software and IT services, according to the report.

  • The joint statement comes after the sudden collapse of cryptocurrency platform FTX - worth $32 billion before it filed for...

    Banking organizations should be aware of risks such as fraud and scams, along with inaccurate or misleading disclosures, the agencies said.

    The watchdogs said they continue to take a "careful and cautious approach" with crypto activities and exposure at banking organizations

  • The two leaders are expected to discuss regional security challenges, including North Korea and China, as well as Russia's invasion...

    Japan is assuming the presidency of the G7 grouping and Kishida said he also plans to visit members France, Italy, Canada and Britain this month

    Kishida will host the G7 leaders summit in Hiroshima in May and wants to put achieving a world free of nuclear weapons on the international agenda

  • Baghdad, Iraq---Iraqi telecommunications worker Youssef Ahmed is married with a five-year-old son, but lives with his parents because he is unable...

    Many investors preferred to purchase property in the autonomous Kurdish areas of the country's north, or even in neighbouring Turkey.

    The government recently announced ambitions to build low-cost housing for Iraq's poorest citizens, with around 1m Baghdad residents estimated to live in informal settlements.

  • According to data recently released by the CBJ, Jordanian expatriates' remittances in the first ten months of 2022 increased by...

    According to data recently released by the CBJ, Jordanian expatriates' remittances in the first ten months of 2022 increased by 0.6 percent

    The Qatari exchangers said that remittances by Jordanian expatriates in 2022 may be the highest in several years

  • Washington, United States--Two World Bank entities provided a record $75 billion in financing last year, said a letter by its president,...

    The aid comes as countries emerging from the Covid-19 pandemic were hit by fallout from war in Ukraine and surging inflation, while climate change brought further devastation

    The World Bank delivered $31.7 billion in climate finance last year and channeled another $18 billion towards Ukraine since the start of the war

  • Doha, Qatar-- Qatar has recycled some 80 percent of waste collected from stadiums during the FIFA World Cup games. According...

    Nearly 54 percent of the waste has been converted into compost, 22 percent into plastic, 14 percent into paper and cardboard, and 8 percent into glass

    She said the climate change issues and the optimal utilization of natural resources are among the top priorities of the Sustainability Department at the SC