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.
  • Beijing has sought to boost its ties in the Middle East, challenging US influence -- efforts that have sparked unease...

    Beijing has positioned itself as a mediator in the Middle East, brokering the restoration in March of ties between Iran and Saudi Arabia

    Xi told Abbas at a welcome ceremony at the Great Hall of the People that China was "ready to strengthen coordination and cooperation with the Palestinian side."

  • China's approach, characterized by a combination of economic incentives and a focus on development, contrasts with the more assertive and...

    The diminishing US presence in the Middle East has compelled Gulf countries to seek new alliances, and China has positioned itself as a prominent alternative

    China's approach, characterized by a combination of economic incentives and a focus on development, contrasts with the more assertive and unilateral approach of the US

  • Jerusalem, Undefined - Israeli defense exports hit an all-time high of $12.5 billion last year, with Arab countries that recently established...

    One quarter of deals were for drone systems, with "missiles, rockets and air defense systems" making up another 19 percent.

    The US-brokered Abraham Accords from 2020 saw Israel normalize ties with the United Arab Emirates, Bahrain and Morocco.

  • GCC banks started adopting online and mobile banking, and ATMs, in the 1990s and 2000s. More recently, they've integrated advanced...

    As of 2019, there were over 5,000 bank branches in the GCC region, catering to a population exceeding 50 million.

    On average, customers spent about 30 minutes in these branches to avail themselves of banking services.

  • The vote for the presidency, reserved for a Maronite Christian under Lebanon's delicate sectarian power-sharing system, pitted the Hezbollah-backed Sleiman...

    Lebanon is facing a double power vacuum, with the country governed by a caretaker cabinet with limited powers for more than a year.

    France and the US have renewed calls for Lebanese lawmakers to cooperate and elect a new president.

  • Mohammed bin Salman has left for a state visit to France where he will meet President Emmanuel Macron, a statement...

    Saudi Crown Prince will take part in the Summit for a New Global Financial Pact in Paris next week, the Royal Court statement said

    In December 2021, Macron became one of the first Western leaders to meet Mohammed bin Salman in Saudi Arabia since 2018

  • The EU's plans date back to 2021, the draft rules took on greater urgency when ChatGPT exploded onto the scene...

    Once adopted by the EU parliament, officials say negotiations for a final law with the bloc's 27 member states will begin almost immediately, starting later Wednesday

    The EU law will regulate AI according to the level of risk: the higher the risk to individuals' rights or health, for example, the greater the systems' obligations

  • Saudi Arabia announced that it would jointly lead a conference on the humanitarian response to the war in Sudan next...

    Saudi Arabia and the United States have been mediating in the eight-week conflict.

    The kingdom played a leading role in evacuating thousands of foreigners from Sudan early in the war.

  • A landmark deal in 2015, formally known as the Joint Comprehensive Plan of Action (JCPOA), gave Iran sanctions relief in...

    Germany's foreign ministry said the meeting took place on Monday and that discussions broached topics concerning Iran's nuclear program.

    Iran's nuclear program has long been the subject of scrutiny from Western powers, resulting in sanctions that have hit the country's economy.

  • Israeli forces killed a Palestinian in a West Bank raid while four Israelis were injured in a separate shooting incident,...

    Israel's Magen David Adom emergency service said it had treated five Israelis wounded by gunfire close to the northern West Bank city of Jenin.

    Since the start of the year, at least 158 Palestinians, 21 Israelis, a Ukrainian and an Italian have been killed in Israel-Palestine violence.