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.
  • Brussels, Belgium - Changes Apple is making to its services in the European Union "make a mockery" of new antitrust rules...

    Companies have expressed doubts about how much Apple's changes would ultimately broaden consumer choice and digital competition.

    Apple in January announced it was modifying how its iOS operating system, Safari browser and App Store operate in the 27-nation EU.

  • RIYADH, SAUDI ARABIA - According to data released by the National Center for Palms and Dates (NCPD), the value of...

    By the end of 2023, the number of countries importing Saudi Arabian dates had reached 119.

    The total value of date and date-byproduct exports increased by 152.5 percent since 2016.

  • Abu Dhabi, UAE - The Emirates Nuclear Energy Corporation (ENEC) on Friday announced that its operating and maintenance subsidiary, Nawah...

    The reactor has begun initial production of heat through nuclear fission, used for generating electricity by turning a turbine with steam

    In the coming weeks, Unit 4 will link to the national electricity grid, entering a testing phase to gradually increase its power output to full capacity

  • Speaking at the closing press conference, the Emirati chair of the so-called MC13 gathering, Thani Al Zeyoudi, acknowledged the shortcomings. "Despite...

    The outcomes of the WTO's 13th ministerial conference in Abu Dhabi highlighted the sharp divisions between the body´s 164 members amid geopolitical tensions and economic headwinds

    For her part, WTO Director-General Ngozi Okonjo-Iweala said the talks came up "against an international backdrop marked by greater uncertainty than at any time I can remember."

  • Anticipated growth in non-oil sectors, including tourism, manufacturing, and financial services, is set to drive future economic expansion, says a...

    Anticipated growth in non-oil sectors, including tourism, manufacturing, and financial services, is set to drive future economic expansion, says a report.

    Govt initiatives, giga-projects, and tourism are pivotal for growth, while a balanced current account and strong reserves ensure Saudi stability until 2025.

  • Paris, France - Extraction of Earth's natural resources could surge 60 percent by 2060, imperiling climate goals and economic prosperity, the...

    The hunger for natural resources -- everything from food to fossil fuels -- keeps growing by an average of more than 2.3 per cent per year, it said.

    Extraction and processing of the huge amount of resources accounts for over 60 percent of planet-warming emissions, the report said.

  • ABU DHABI, UAE- Gold prices hovered near a month high on Friday after data suggested easing US price pressures, while...

    Gold rose after data suggested easing US price pressures.

    Traders awaited remarks from US Federal Reserve officials.

  • Abu Dhabi, UAE--Masdar, the UAE’s clean energy powerhouse, has completed its acquisition of a 49 percent shareholding in the 3...

    The $13.89 billion joint investment with RWE is expected to provide a huge boost to the UK economy

    The investment builds on the $12.63bn UAE-UK Sovereign Investment Partnership to invest in energy transition

  • Maher praises the Gulf country for its substantial efforts, investments, and innovative ideas that have transformed it into a prime...

    With its outstanding digital infrastructure and business-friendly policies, Qatar is on the fast track to becoming a leading hub for tech startups and major companies

    Hosting more than 15,000 participants from across the globe, Qatar demonstrates its capability to be at the forefront of the tech industry, fostering innovation.

  • ABU DHABI, UAE – World trade ministers were locked in disagreement Thursday on fisheries subsidies, agriculture and digital customs duties as...

    The meeting opened with disagreements between the body's 164 member states on key issues that dominated the agenda of the talks.

    They include fisheries subsidies, agriculture and a moratorium on customs duties for digital transactions.