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 financial and insurance sector saw a 5.6% rise, reaching USD 4.1 billion (AED 15.1 billion), supported by significant growth...

    The transportation and storage sector grew by 5.6 percent, contributing USD 4.2 billion (AED 15.4 billion) to the GDP, driven by increased demand for national carriers' services

    The financial and insurance sector also saw a 5.6 percent rise, reaching USD 4.1 billion (AED 15.1 billion), supported by significant growth in credit and deposit balances

  • Asian markets fell Monday as Joe Biden's decision to drop out of the US presidential race fuelled fresh uncertainty, while...

    Traders appeared to be unmoved by China's decision to cut interest rates

    Developments out of Washington overshadowed optimism that the FED will cut interest rates as soon as September

  • Manama Bahrain

    The investment climate in the Kingdom of Bahrain is positive and relatively stable. Bahrain maintains a business-friendly environment and a...

    Oil and gas sector now makes up less than 20 percent of Bahrain’s GDP

    Bahrain’s total foreign direct investment (FDI) stock reached $33.8 billion in 2023

  • Gold prices continued to notch new records Wednesday, lifted by increasing conviction that the Federal Reserve will cut interest rates...

    Gold rose 0.5% to $2,482.29 per ounce, hitting an all-time high

    Markets are fully pricing in a rate cut of at least 25 basis points

  • Equipped with cutting-edge sporting technology, the stadium will offer an immersive and personalized experience for fans. Additionally, it will act...

    The design of the Stadium symbolizes the fusion of tradition and innovation that defines New Murabba

    The project is scheduled for completion by the end of 2032

  • Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut...

    A “hard landing” for the U.S. economy was not “a likely scenario.”

    The central bank’s next policy meeting is at the end of July

  •  The U.S. dollar hung near a multi-week low versus major peers on Tuesday, still smarting from Friday's unexpectedly soft jobs...

    The U.S. dollar index was flat at 104.99

    Traders currently set about 76% odds for a rate cut at the September FED meeting

  • The Labor Party has officially won enough seats in the UK’s 2024 general election to have a majority in parliament,...

    61-year-old Keir Starmer led Labor to victory over Rishi Sunak’s Conservative Party in Thursday’s election

    With more than half of all 650 seats counted, Labor looks set to secure one of its biggest-ever majorities in the House of Commons

  • Investments in H1 2024 led by the top Middle East sovereign wealth funds reached$38.2 billion in 58 different deals, according...

    The amount invested by the ‘Oil Five is more than double what the ‘Maple Eight’deployed

    Mubadala re-opened its Beijing office in 2023 to manage its $10 billion JV with SAFE and CDB

  • Beijing, China - Factory activity in China shrank for a second straight month in June, data showed Sunday, underscoring the country's...

    The manufacturing purchasing managers' index (PMI) registered at 49.5 in June, identical to May's figure, according to the National Bureau of Statistics

    Policymakers are due to convene in the capital Beijing in mid-July for a highly anticipated political gathering expected to focus on economic recovery