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.
  • Two affiliates of ABB pleaded guilty to bribery charges.

    Two affiliates of ABB each pleaded guilty to one count of conspiracy to violate the US Foreign Corrupt Practices Act

    In October eight people, including former Eskom CEO Matshela Koko, were arrested on corruption charges linked to the ABB work.

  • Ukraine welcomed a US$60 price cap on Russian oil agreed by the EU, G7 and Australia, saying it would "destroy"...

    Poland had refused to back the price cap plan over concerns the ceiling was too high.

    The embargo will prevent shipments of Russian crude by tanker vessel to the EU, which account for two thirds of imports.

  • PALMDALE, UNITED STATES - The United States on Friday unveiled the B-21 Raider, a high-tech stealth bomber that can carry...

    Many specifics of the aircraft are being kept under wraps.

    The plane will offer significant advances over existing bombers in the US fleet.

  • Amman, Jordan— The commercial sector across Jordan will go to the polls on Saturday to choose representatives in the boards...

    The number of voters entitled to participate in the voting process is 27,982 merchants

    Twenty-three others will run for the elections of the ten commercial sectors that will join the Jordan Chamber of Commerce board of directors

  • Riyadh, Saudi Arabia— Saudi Arabia has submitted its bid to host the AFC Women’s Asian Cup 2026, a key moment...

    Saudi Arabia’s move to bid for the upcoming AFC Women’s Asian Cup builds on its expression of interest earlier this year

    The kingdom has embraced transformation at pace, and growing women’s leadership in sport is a crucial element

  • PARIS, FRANCE - Russia's invasion of Ukraine has driven countries across the world to boost energy efficiency, creating "huge potential"...

    Governments have scaled up fossil fuel subsidies to cushion the impact of rising energy costs on households in the wake of the Ukraine conflict.

    According to the IEA research, governments, industry and households invested a record $560 billion this year in energy efficiency measures.

  • The UAE's Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan has said that the Gulf...

    The UAE will work towards a world where human progress is an inalienable right for all.

    The UAE views the G20 as a forum that plays a critical role in multilateral efforts.

  • Traders are growing confident that the Federal Reserve will slow its pace of rate hikes after Fed boss Jerome Powell...

    At the same time, Powell and other Fed officials have lined up to warn that rates would continue to rise and stay elevated, with the possibility of no cut until 2024.

    Focus was also on OPEC+, which may decide Sunday to slash oil production further to boost prices for its members, which include Saudi Arabia and Russia.

  • Abu Dhabi, UAE---The Central Bank of the UAE launched an AED-1000 denomination note as part of the country's 51st anniversary...

    Made of polymer and using innovative designs and advanced security features, the note is the fourth in the Third Issuance of the National Currency Project.

    The new banknote will be available in Central Bank branches and ATMs in the first half of 2023.

  • Move comes UK imposes windfall tax on energy firms.

    Total will cut its North Sea investment by US$123 million in 2023 over windfall tax.

    The move of windfall tax in last month's budget was aimed at helping fund support for British consumers hit by rocketing energy bills.