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.
  • Riyadh,  Saudi Arabia - Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah discussed in a phone call...

    During the call, the two ministers also exchanged views on a number of regional and international issues and developments of common concern

    In the recent past, as Saudi Arabia’s relationship with the US has become less certain, the kingdom has made an effort to build ties with China and Russia

  • The Kurdish regional government had for years earned billions of dollars in revenues exporting crude oil to Turkey without the...

    Iraq's Oil Minister Hayan Abdel Ghani had on Thursday said that crude exports from the Kurdish region through the Turkish port of Ceyhan would resume Saturday.

    But on Friday the Kurdish natural resources minister, Kamal Mohamed, told a Kurdish television channel that the resumption of exports was still awaiting approval from Ankara.

  • The United States said it was sending reinforcements to the Gulf after what it called increasing harassment by Iran of...

    US National Security Council spokesman John Kirby said Iran has "harassed, attacked or interfered" with 15 internationally flagged merchant vessels over the past 15 years.

    "The United States will not allow foreign or regional powers to jeopardize freedom of navigation through the Middle East waterways including the Strait of Hormuz, he said.

  • Iran released two French citizens jailed in separate cases, France said, urging Tehran to release several others still detained in...

    The pair were among some two dozen foreigners jailed in Iran who campaigners see as hostages held in a deliberate strategy by Tehran.

    Four more French citizens, described previously as "hostages" by the French foreign ministry, are still being held in prison by Iran.

  • Dubai, UAE -- UAE President Sheikh Mohamed bin Zayed Al Nahyan has discussed the longstanding strategic partnership between the UAE...

    They also explored opportunities to further expand bilateral cooperation across various sectors, WAM reported.

    Their talks also covered other fields central to both countries’ sustainable development ambitions, including investment, the economy, food security, and advanced technology.

  • The Black Sea Grain Initiative, in place since July after diplomacy by the United Nations and Turkey, allows Ukraine grain...

    NATO member Turkey, which has good ties with Russia and Ukraine, has pushed both countries to resume peace talks after negotiations broke down last year

    Ankara helped the United Nations broker the grain deal last July, helping ease a spike in global food prices caused by Russia's invasion

  • fighting and looting raged most of Thursday in the capital Khartoum and US diplomats were frank about the obstacles in...

    Sudan's warring military factions signed a commitment to respect humanitarian principles in their spiralling conflict late Thursday but they did not reach a ceasefire

    The agreement commits both sides in general terms to let in badly needed humanitarian assistance after looting and attacks targeting aid in the impoverished country

  • China aims to play a more central role in the Gulf region, focusing on investment opportunities beyond the oil and...

    China aims to play a more central role in the Gulf region, focusing on investment opportunities beyond the oil and energy relationship

    Brokering talks between Saudi Arabia and Iran highlights China's ambition to challenge the US dollar's hegemony in the Gulf region

  • The foreign ministers of Egypt, France, Germany and Jordan called for an end to the violence between Israel and Gaza...

    "The bloodletting must end now," said German Foreign Minister Annalena Baerbock.

    Jordan's Foreign Minister Ayman Safadi also said the "negative developments must end.

  • IS militants used sledgehammers and power tools to deface ancient statues and pre-Islamic treasures housed in the museum.

    A gaping hole remains in the floor of the museum's famed Assyrian gallery, caused by a bomb explosion.

    The artefacts are being revived with financing from the International Alliance for the Protection of Cultural Heritage in Conflict Areas (ALIPH).