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.
  • ABU DHABI, UAE - The UAE Ministry of Finance (MoF) on Saturday announced administrative penalties for violations related to the...

    The penalties will be imposed on Taxable Persons, whether an individual or a legal entity, who do not comply with their obligations.

    Penalties also apply in cases of failing to properly keep records or submitting the required records and other information specified in the Tax Law.

  • The African Union demanded Niger's military "return to their barracks and restore constitutional authority" within 15 days as the EU...

    The African Union and the European Union joined the chorus of international condemnation of the power grab, the latest to strike the Sahel region.

    The EU's diplomatic chief Josep Borrell said the bloc would not recognize the putschists and announced the suspension of security cooperation with Niger.

  • Tehran, Iran--Iranian authorities have banned the editor-in-chief of reformist daily Etemad "from any press activity for a year" over coverage of...

    Behrooz Behzadi, the editor, was accused of printing false content after a complaint by a Tehran branch of the powerful Revolutionary Guards Corps

    Early this year, an Etemad report estimated that some 80 journalists were among the thousands arrested during the months-long unrest in Iran

  • Kyiv, Ukraine - Qatar has pledged $100 million for humanitarian assistance in Ukraine. The funds were meant the rehabilitation of...

    Ukrainian prime minister Shmyhal said that the money will be used for reconstruction in the health and education sectors, and other important humanitarian projects

    Qatar prime minister Jassim Al-Thani reiterated the importance of respecting the sovereignty of Ukraine and its territorial integrity within its internationally recognized borders

  • Istanbul, Turkiye - Turkiye will accelerate ongoing defense projects and find solutions for the sector's requirements, Turkish President Recep Tayyip...

    Speaking at International Defense Industry Fair in Istanbul, Erdogan said the prototypes will be tested for domestic use and exports

    Turkish president said the country's advanced fighter jet Kaan,will make its maiden flight by the end of this year

  • ISLAMABAD, PAKISTAN - Five Pakistani state-owned companies are set to collaborate with Saudi Arabia’s Aramco to execute a $10 billion...

    The proposed joint venture will establish a mega refinery in Gwadar with a capacity of 400,000 barrels per day.

    The government of Pakistan has already approved a refinery policy for new projects in the country.

  • MOSCOW, RUSSIA -  Egypt's president on Friday called on Russia and Ukraine to find "urgent solutions" to allow the resumption of...

    Moscow withdrew from the agreement after protesting for months that parts of the deal that allowed for export of Russian fertilizer were not honored.

    Russia refused to extend a deal brokered by UN and Turkey, under which Ukrainian grain exports passed through the Black Sea to reach global markets.

  • Paris, France - Italy and Turkey have asked to jointly host the 2032 European Championship, UEFA announced on Friday. European football's...

    Turkey, who lost out to Germany for Euro 2024, entered the process for both editions, while Italy decided to bid only for 2032.

    In 2021, UEFA initiated a bidding process for the hosting of two editions of its European Championship, in 2028 and 2032.

  • New customers and projects were added in H1 2023.

    In the first half of the year, Tabreed's revenue increased by 9.4 percent YoY to US$290 million, from US$265 million in H1 2022.

    Earlier this month, Tabreed started operating the cooling infrastructure, officially commencing its first operations in India.

  • Most delegations were led by their environment and climate change ministers, while the US delegation was headed by Special Presidential Envoy...

    Any agreements reached at the one-day conference in Chennai will be signed by the leaders of G20 nations during a summit in New Delhi this September

    The meeting comes only days after the group's energy ministers were criticised for failing to agree on a roadmap to cut fossil fuels from the global energy mix