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.
  • In a country already suffering from severe water scarcity, official figures show that more than a quarter of clean water...

    Nationwide, official figures show 26.5 percent of Egypt's clean water in the 2021-22 fiscal year was lost - a conservative estimate, according to experts

    The Suez Canal governorates of Port Said, Suez and Ismailia have the highest rates of water loss in the country, with over two thirds of clean water going down the drain

  • With support from a military force from neighboring Saudi Arabia, Bahrain crushed the 2011 protests which had demanded a constitutional...

    Prisoners at the Jau prison, which holds dissidents detained when authorities crushed Shiite-led protests in 2011, have been subjected to 23-hour cell confinement

    Bahrain, whose Sunni monarchy has tense relations with Shiite cleric-led Iran, is home to the US Navy's Fifth Fleet, which is at the forefront of the Gulf standoff with Tehran

  • Tunis, Tunisia - Tunisian authorities have arrested the head of the national bakery owners' union, accusing him of a "monopoly" as...

    Bakeries' union chief Mohamed Bouanane was arrested on Wednesday "on suspicion of monopoly and speculation with subsidized foodstuffs".

    Economists told AFP the current supply crisis stems from an inadequate reserve of subsidized flour held by the highly indebted Tunisian government.

  • Videos circulated on social media on Wednesday night showed Mahmoud Hamza dressed in military fatigues and surrounded by his fighters...

    Hamza "was released on Wednesday night and returned to his headquarters south of Tripoli", an official at army headquarters in western Libya told AFP

    "He was released under a government-sponsored ceasefire agreement" which also provides for the "withdrawal of fighters from the front lines", said the official

  • "WHO is working to build the evidence and data to inform policies, standards and regulations for the safe, cost-effective and...

    Traditional medicines are a "first port of call for millions of people worldwide", the World Health Organization said.

    The two-day WHO Traditional Medicine Global Summit takes place alongside a meeting of G20 health ministers in India.

  • The investment in green hydrogen has not curbed expansion in oil and gas, with both the UAE and Saudi Arabia...

    In July the UAE, which will host the COP28 climate conference this year, approved a hydrogen strategy that aims to make it one of the top 10 producers by 2031

    According to Deloitte, Gulf nations will lead global clean hydrogen trade in the short-term, exporting around half of their domestic production by 2030

  • The death sentence for Bishoy Sharif Naji Naseef was carried out in the Riyadh region, the official Saudi Press Agency...

    A court found that Naseef beat and strangled his Egyptian father to death and mutilated him after he died, and that he also used drugs

    The mode of execution was not specified, but Saudi Arabia has in the past often used beheading when implementing the death penalty

  • Hossein Amir-Abdollahian also took the opportunity to reiterate the Islamic republic's support for the Palestinian cause at a time when...

    Ties between Saudi Arabia and Iran "are progressing in the right direction," Amir-Abdollahian told reporters at a press conference with Prince Faisal bin Farhan.

    Thursday's meeting in the Saudi foreign ministry's Islamic Solidarity Hall "will be a prelude to the meeting of the heads of the two countries", he added.

  • Fighting raged from Monday night between the influential 444 Brigade and the Al-Radaa, two of the myriad of militias that...

    The clashes with rocket launchers and machine guns followed the detention of the 444 Brigade head, Colonel Mahmud Hamza, by the rival Al-Radaa Force on Monday

    During the fighting, 234 families were evacuated from frontline areas in Tripoli's southern suburbs, along with dozens of doctors and paramedics trapped while caring for wounded

  • The poorest country on the Arabian peninsula, Yemen's economy has collapsed in the eight years of war between Iran-backed Houthis...

    UN special envoy for Yemen warned of "public threats to return to war" in the Middle Eastern nation while the US and UK warned of escalating attacks and threats from Houthi rebels

    US Ambassador said Washington "strongly" condemns "senseless" maritime attacks by Houthis "on maritime shipping which are also exacerbating the humanitarian crisis"