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.
  • Sporadic artillery fire still echoed in Sudan's capital, but residents said fighting had calmed following a US and Saudi-brokered ceasefire,...

    The battles since April 15 have killed an estimated 1,000 people, sparked mass evacuations of foreigners and forced over a million people to flee their homes.

    US Secretary of State Antony Blinken said in a video message that the truce is "backed by a remote monitoring mechanism" supported by the US.

  • With Europe off limits, Gazprom has turned toward Asia.

    Gazprom said, "Profit margins were impacted by an increase in tax payments in the second half of the year."

    Western sanctions have heavily impacted the company headed by Alexei Miller, a close ally of President Vladimir Putin.

  • LONDON, UK -  British Business and Trade Secretary Kemi Badenoch will hold talks for a modern, comprehensive trade deal as...

    British Business and Trade Secretary said, "We already have a strong trade and investment relationship with the Gulf nations."

    She said, "The GCC represents an enormous opportunity for UK firms, whether it’s selling brilliant British food and drink products."

  • BERLIN, GERMANY — No employee should be “subject to the will of a machine”, European trade union chief Esther Lynch...

    In the same way that EU treaties protect health and safety in the workplace, rules are needed to guarantee “the human-in-control principle” when it comes to AI, Lynch said.

    Lynch, general secretary of the European Trade Union Confederation since last December, will head the four-day ETUC Congress that kicks off in the German capital.

  • SHARJAH, UAE -   The Sharjah Chamber of Commerce and Industry (SCCI) has discussed strengthening trade and economic ties with diplomatic...

    The discussions focused on amplifying bilateral relations in industry, agriculture, food security, livestock and broadening trade exchanges.

    SCCI invited Indonesian businessmen to visit Sharjah to see the progress on existing projects and experience the facilities the emirate offers.

  • Indonesia and Iran signed a trade agreement in Jakarta where President Joko Widodo hosted his Iranian counterpart Ebrahim Raisi. Tehran...

    Under the pact, Iran will provide easier access for Indonesian exports including vegetable oil, cocoa, coffee and tobacco.

    Jakarta would lower tariffs on Iranian exports to Indonesia, including oil and its derivative products, minerals, chemicals and iron.

  • Speaking on the sidelines of the Qatar Economic Forum, Saudi Arabia's Minister of Energy Prince Salman said OPEC+ pursued three...

    “I keep advising them that they will be ouching — they did ouch in April,” Prince Abdulaziz bin Salman said. “I would just tell them: Watch out!”

    Prince Salman said that a future source of energy cannot be tackled amid foggy vision. He had called OPEC+ to stick to its Oct 2022 agreement.

  • Colonna nevertheless said Paris would not be changing its policy towards the Syrian ruler. "We have to remember who Bashar...

    Asked during a television interview if she wanted Assad to be tried, the French foreign minister Catherine Colonna said "the answer is yes"

    Assad last week returned to the regional scene with an appearance at a summit of the Arab League, he had been banned from for a decade

  • Riyadh, Saudi Arabia - The Saudi Royal Guard and the Bahrain Royal Guard have started the joint security exercise “Haris”...

    The joint exercise is part of the continuous cooperation between the Saudi Royal Guard and the Bahrain Royal Guard.

    The exercise was inaugurated by Major General Mohammed bin Saeed Al-Omari, Chief of Operations Department

  • The two countries have in recent years ramped up economic cooperation and diplomatic contacts, with their strategic partnership having only...

    The Russian PM will take part in a Russian-Chinese Business Forum and visit a petrochemical research institute in Shanghai

    A number of sanctioned Russian tycoons, including from the key fertilizer, steel and mining sectors to take part in the forum