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.
  • Asian markets diverged Thursday after minutes from the Federal Reserve's most recent policy meeting indicated officials would keep interest rates...

    Federal Reserve's most recent policy meeting indicated officials would keep interest rates elevated

    Nvidia showed it turned a profit of $14.9 billion in the first quarter

  • France and the United Arab Emirates on Tuesday signed a "strategic partnership" on artificial intelligence (AI) aimed at boosting cooperation...

    In 2017, the UAE became the first country in the world to appoint a minister of state for artificial intelligence, digital economy and remote work

    In April, US tech giant Microsoft announced a $1.5-billion investment in UAE-based artificial intelligence firm G42

  • Qatari Prime Minister and Minister of Foreign Affairs H E Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani delivered on...

    Qatar is moving towards a comprehensive digital transformation by investing more in technology, innovation and AI

    The Qatar Central Bank (QCB) to issue guidelines on how to adapt artificial intelligence

  • Tehran, Iran - India and Iran on Monday signed a 10-year contract to develop and equip the strategic Chabahar port in...

    The agreement will give India 10-year access to use the port, located close to Iran's southeastern border with Pakistan, according to Iran's Ministry of Roads and Urban Development

    The contract will in turn see India Ports Global Limited (IPGL) invest $370 million into "providing strategic equipment" and "developing the transport infrastructure of the port".

  • Asia-Pacific markets were mixed Monday as investors assessed China’s stronger-than-expected April inflation data, CNBC reported China’s consumer price index climbed...

    China’s consumer price index climbed 0.3% year on year

    Japan’s first-quarter GDP expected to have contracted an annualized 1.5%

  • Kuwait's emir approved a new cabinet Sunday two days after he dissolved the parliament elected only weeks earlier, and he...

    The new government -- the small emirate's 46th -- is headed by Prime Minister Sheikh Ahmed al-Abdullah al-Sabah

    MPs have previously accused ministers of corruption

  • New York is the richest city in the world, with 359,500 millionaires and 60 billionaires, although the Bay Area of...

    New York is the richest city in the world, with 359,500 millionaires and 60 billionaires

    Dubai has 72,500 millionaires, 212 centi-millionaires (100 mn +) and 15 billionaires

  • The kingdom accelerates its biotech and genomics sector with substantial investments, in line with Vision 2030's push for economic diversification...

    A recent Arthur D. Little (ADL) projects a double-digit growth that could reinforce Saudi Arabia as a major player in the global biotech landscape

    The Kingdom's commitment is evident in its significant R&D investments, with a reported US$ 3.9 billion allocated in 2021 alone

  • gaza, israel, oil, crude

    Oil prices fell on Wednesday over growing hopes for a cease-fire agreement between Israel and Hamas and rising crude inventories...

    International benchmark Brent crude traded at $85.28 per barrel

    Increase of 4.9 million barrels in US crude oil inventories

  • Washington, United States - The US Federal Reserve on Wednesday held interest rates steady for a sixth straight meeting, keeping the...

    After a two-day gathering, the central bank decided unanimously to keep the benchmark lending rate unchanged at 5.25-5.50 percent

    For months, the US central bank has held its benchmark lending rate at a high level to cool demand and rein in price increases