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 international benchmark contract, Brent North Sea crude, jumped 4.8 percent while West Texas Intermediate was up 5.1 percent. Trump on Wednesday announced...

    The move was joined by another round of punishments by the European Union as part of attempts to pressure Moscow to end its three-and-a-half-year invasion of Ukraine.

    According to industry analysts the two companies account for just over half of Russia's oil output, and both also produce natural gas.

  • Paris, France -- The ATP announced on Thursday the creation of a new Masters 1000 event which will take place...

    The new event will be played on hard courts and take place "at the start of the season" in a city yet to be determined, and will last "one week".

    The long-expected move marks the first ever expansion of the top-tier category of men's tennis since its creation in 1990.

  • Israeli lawmakers voted Wednesday to advance two bills on annexing the occupied West Bank, barely a week after President Donald...

    Israeli lawmakers voted Wednesday to advance two bills on annexing the occupied West Bank, barely a week after President Trump pushed through a deal aimed at ending 2-year war

    "I think the president's made clear that's not something we can be supportive of right now," Rubio said of annexation as he boarded his plane for a visit to Israel

  • Oslo, Norway -- Norway's sovereign wealth fund said Wednesday that it would incorporate artificial intelligence tools into its investment analysis...

    The fund's head of active ownership, Wilhelm Mohn, said AI along with its own analysis tools would allow it to "streamline processes and enhance decision-making".

    The fund urges the more than 8,600 companies it invests in worldwide to commit to net-zero carbon emissions by 2050.

  • UN Secretary-General Antonio Guterres speaks during "Summit of the Future" on the sidelines of the UN General Assembly at the United Nations Headquarters in New York, September 22, 2024. (AFP)

    Geneva, Switzerland -- The rules-based international trade system is in danger, UN chief Antonio Guterres warned Wednesday, amid spiraling debt,...

    Guterres said too many countries were trapped in a debt crisis, spending more money on servicing creditors than funding health and education.

    The UN chief warned that developing countries "continue to be short-changed", with uncertainty rising, investment retreating and supply chains "in turmoil".

  • The ICJ ruling came as aid groups scrambled to scale up much-needed humanitarian assistance into Gaza, seizing upon a fragile...

    Turkey has taken an active role in talks to secure a ceasefire in Gaza and voiced strong support for US President Donald Trump's peace plan.

    Erdogan has said Turkey was ready to join an international task force in Gaza, with its military also expressing willingness to participate if needed.

  • Despite concerns in Israel that Hamas has seized on the pause to reassert itself in Gaza, Vance said Washington would...

    Despite concerns in Israel that Hamas has seized on the pause to reassert itself in Gaza, Vance said Washington would not set a deadline for the group to disarm

    That came after US President Donald Trump warned that allied nations in the region would invade Gaza to wipe out Hamas if it failed to comply with the truce

  • "The conflict has damaged nearly one-third of Syria’s pre-conflict gross capital stock, with direct physical damages to infrastructure, residential buildings, and...

    Among the categories assessed, infrastructure was the hardest hit, accounting for 48 percent of total damage, equivalent to $52 billion.

    The report estimates costs of physical assets to range between $140 billion and $345 billion, "with a conservative best estimate" of $216 billion.

  • Riyadh, Saudi Arabia -- Saudi Arabia's Crown Prince Mohammed bin Salman will meet US President Donald Trump during a three-day...

    The Crown Prince will arrive on November 17 and discuss political, economic and security files with Trump the following day, the source said on condition of anonymity.

    Some media reports suggest Saudi Arabia is hoping for a US security agreement after Trump's executive order this month pledging to defend its neighbor Qatar from attacks.

  • Russia's top diplomat Sergei Lavrov and US counterpart Marco Rubio discussed preparations for an upcoming summit between Vladimir Putin and...

    Diplomatic efforts to end Russia's three-and-a-half-year invasion have stalled since Trump and Putin met for peace talks in Alaska in August

    The two announced last week that they would meet in Budapest for a second round of talks, but it was not clear whether Zelensky would attend