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.
  • SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) announced it will be sending a trade mission to...

    The initiative aims to bolster economic and trade cooperation, foster mutual investment, and establish promising partnerships between Sharjah and India.

    The upcoming trade mission is expected to support the chamber's strategic goals of driving foreign expansion and exploring new markets.

  • Iran said it is capable of ensuring the safety of the vital Gulf waters in cooperation with neighboring countries. Iran...

    The Gulf waters, which carry at least a third of the world's seaborne oil, have witnessed a spate of incidents since 2018.

    Recently the commander of the US Navy's Fifth Fleet transited through the Strait of Hormuz in a guided-missile destroyer.

  • President Joe Biden slammed Republican demands in negotiations to resolve the US debt ceiling standoff as "unacceptable" but said a...

    The Treasury Department says that the US government could run out of money and default on its $31 trillion debt as early as June 1.

    The default can happen if Congress, where Republicans control the House of Representatives, does not authorize more borrowing.

  • AARAMTA, LEBANON - Lebanon's Hezbollah movement simulated cross-border raids into Israel on Sunday in a show of its military might, using...

    Around 200 Hezbollah fighters took part in the raids, part of large-scale military exercise in Aaramta, around 12 miles north of the Israeli border.

    One simulated raid involved a drone attack against a target inside Israel, while in another, fighters attacked vehicles across a mock border.

  • Five Iranian border guards were killed during clashes with an armed group in the restive southeastern province of Sistan-Baluchistan, state...

    Iran foreign ministry spokesman Nasser Kanani condemned the attack saying Tehran expects Pakistan to "crack down on terrorist groups".

    The attack was carried out by "a group that was seeking to infiltrate the country" but whose members "fled after suffering injuries, state media said.

  • Known to his inner circle as "beyefendi" (sir) and to admirers as "reis" (the chief), Erdogan prides himself on being...

    The ultimate political survivor, Erdogan, has overcome jail and a bloody 2016 coup attempt to emerge as Turkey's most important leader since Mustafa Kemal Ataturk.

    Next Sunday's runoff is turning into a referendum on Erdogan's rule, with its result likely to leave the sharply polarized nation of 85 million deeply divided.

  • Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as...

    Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as "two shining pearls"

    He also plans to celebrate his 42nd birthday by connecting with an audience at UAE University in Al Ain as part of his 'A Call from Space' initiative

  • The Bahraini decision comes the day after the Arab League summit in Saudi Arabia against a backdrop of unexpected rapprochement...

    Bahrain followed Saudi Arabia in recalling their diplomats towards the end of 2021 after a Lebanese minister criticized Riyadh's military intervention in the war in Yemen.

    Lebanon's prime minister Najib Mikati said the country "appreciated this decision and welcomes it". Saudi Arabia returned its envoy to Lebanon in April last year.

  • Bakhmut, which once had a population of 70,000 people, has been the scene of the bloodiest battle in Moscow's more...

    Ukrainian president Volodymyr Zelensky has warned that the fall of the city would open the way for Russian troops to capture more parts of Donbas.

    Russia's announcement that the city had fallen came hours ahead of Zelensky's meeting Sunday with US President Joe Biden in Japan, during the G7 summit.

  • Riyadh, Saudi Arabia -– Two Saudi astronauts will conduct 14 scientific and research experiments during their ongoing space mission. The...

    Besides 11 experiments in the microgravity environment, Ali Al-Qarni and Rayyanah Barnawi will participate in three interactive educational experiences with students in the kingdom

    The focus will be on conducting human research, cell sciences, and cloud seeding experiments in the microgravity environment.