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 growth aligns with the aims of national logistics strategy.

    Saudi Arabia's overall ports recorded a 9.01% increase in annual container handling for 2023, reaching 11,380,302 TEU compared to 10,439,620 TEU in 2022

    Transshipment containers also experienced an 8.96% increase in volume, with 3,237,490 TEU transshipped in 2023 compared to 2,971,233 TEU in 2022

  • Abu Dhabi, UAE--The Central Bank of the United Arab Emirates (CBUAE) saw its balance sheet soar to $182.43 billion at...

    The UAE central bank's balance sheet maintained a steady 21.2% growth rate throughout the first eleven months of 2023

    According to the CBUAE, investments and deposits also played a huge role, totaling $56.63 billion and $26.53 billion respectively

  • The country's national bureau of statistics said that GDP grew 5.2 percent to hit 126 trillion yuan ($17.6 trillion) as...

    But Wednesday's reading is an improvement on the three percent growth recorded in 2022

    China's exports -- historically a key growth lever -- dropped last year for the first time since 2016

  • Saudi Arabia, which secured over 50 percent of MENA's total venture investments in 2023, strategically focuses on financial technology to...

    Saudi Arabia, which secured over 50 percent of MENA's total venture investments in 2023, strategically focuses on financial technology to support Vision 2030,

    The Saudi Venture Capital Company plays an important role, with more than $2.1 billion invested in various sectors, marking a new era of innovation and growth.

  • Paris, France - Counterfeit products -- mainly clothes -- cost the European economy 16 billion euros a year and result in...

    The findings, based on data from 2018 to 2021, show that fakes take the biggest toll on the clothing sector, costing 12 billion euros ($13.1 billion) annually

    The bulk of the counterfeiting occurred in just five EU members, with Germany, France, Italy, Spain and Austria accounting for half the yearly losses

  • "By leveraging advanced data analysis techniques to process extensive datasets from diverse sources, including genomic data, scientific literature, and clinical...

    AI is transforming drug discovery, diagnostics, and personalized treatments, marking a new era in medical research.

    The UAE, especially Abu Dhabi, is setting global standards in longevity and healthcare integration for better future.

  • Tehran, Iran – Iran and India on Monday finalized an agreement for the development of the strategic Chabahar port in...

    Chabahar Port, Iran's sole oceanic port on the Gulf of Oman, holds strategic importance both strategically and economically

    In May 2016, India, Iran, and Afghanistan signed a trilateral agreement for the Chabahar port, facilitating New Delhi's access to Kabul and Central Asia

  • Riyadh, Saudi Arabia - Saudi Ministry of Human Resources and Social Development (MHRSD) announced on Monday that it has cut...

    The ministry had previously directed licensed recruitment companies and offices to set the upper limit for the costs of recruiting domestic worker services from some nationalities

    The decision comes within the framework of the ministry’s effort to develop all services, improve the labor market environment and enhance its attractiveness

  • Artificial intelligence poses risks to job security around the world but also offers a "tremendous opportunity" to boost flagging productivity...

    "We must focus on helping low-income countries in particular to move faster to be able to catch the opportunities that artificial intelligence will present," Georgieva told AFP.

    Georgieva said 2024 is likely to be "a very tough year" for fiscal policy worldwide, as countries look to tackle debt burdens accumulated during the Covid-19 pandemic.

  • Riyadh, Saudi Arabia -- Saudi Arabia’s inflation declined to 1.5 percent in December 2023, compared with 1.7 percent in November, according to recent...

    The cost-of-living index for December rose to 110.15 points, according to the base year 2018, from 108.53 points in the same month a year earlier.

    Inflation is measured by the percentage change in the cost of living between the current period and the corresponding period of the previous year.