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 program aims to strengthen the strategic partnership between the two countries and contribute to ensuring the quality and safety...

    The program aims to strengthen the strategic partnership between the two countries and contribute to ensuring the quality and safety of goods

    It also aims to establish frameworks for joint cooperation in several areas, most notably the exchange of information and research studies

  • A noted Lebanese actor Stephanie Saliba was briefly detained by authorities in Lebanon in connection with a money laundering case....

    Central bank chief Riad Salameh, 72, is among top officials widely blamed for Lebanon's unprecedented economic crisis

    The country opened a probe into Salameh's wealth last year, after the office of Switzerland's top prosecutor requested assistance in an investigation into more than $300 million

  • The EU is set to impose more sanctions on Iran for drone supplies to Russia and a crackdown on protests...

    The EU is looking under a separate sanctions package to stop the supply of drone engines from the bloc to Russia and Iran.

    Another 20 individuals and one organization will be added to the asset freeze and visa ban blacklist over the repression of demonstrations in Iran.

  • AQABA, JORDAN - The southern city of Aqaba is welcoming an increasing number of local visitors and foreign tourists of...

    The ports of Aqaba are expected to receive eight giant cruise ships carrying about 2,700 tourists each.

    King Hussein International Airport in Aqaba has received 18 flights from abroad in since the beginning of December.

  • Abu Dhabi, UAE---The UAE has issued a decree on the Taxation of Corporations and Businesses, the Corporate Tax Law, under...

    Profits up to and including the $102,099 threshold will not be taxed "to support small businesses and start-ups".

    Free zone entities will be eligible to benefit from the zero percent Corporate Tax rate on qualifying income.

  • GENEVA, SWITZERLAND - The International Finance Corporation (IFC) and UNHCR, the UN Refugee Agency, Friday announced a joint initiative to...

    The initiative aims to mobilize private sector projects over the next five years to demonstrate the viability of investments in forced displacement contexts.

    Forced displacement is a growing crisis that is too large and complex for governments and humanitarian agencies to solve alone.

  • Global stocks rose on China's slowing inflation and economic reopening, alongside hopes of less aggressive interest rate hikes next week....

    Traders were setting their sights also on the release of two key US inflation reports ahead of the Federal Reserve's final policy meeting of the year.

    Investors were meanwhile hopeful that central banks in the United States, eurozone and UK will next week ease the pace of interest rate hikes.

  • Venture would start with two aircraft and expand to 15.

    The latest move to reorganize the Malaysia-based firm's network comes after setbacks in recent years.

    The firm's future airlines would also be based in Southeast Asia as it was a familiar region.

  • Firm fined due to gaps in anti-money laundering controls.

    The Financial Conduct Authority said that it had concluded Santander UK failed to properly manage its anti-money laundering systems between December 2012 and October 2017.

    Santander UK had taken action to address the issues once they were identified.

  • The November 1 election put former premier Netanyahu in a position to form a stable, right-wing government, ending an unprecedented...

    President Isaac Herzog on November 13 tapped Netanyahu to form a government with the backing of factions representing 64 out of 120 lawmakers in parliament

    Likud announced early Thursday a deal with a fourth party, Shas, that gave the ultra-Orthodox Jewish party five ministerial positions