INSEAD Day 4 - 728x90

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.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

  • The Saudi Ports Authority (MAWANI) has announced a new direct shipping service connecting Saudi Arabia to Djibouti, through the container...

    The service will connect Jeddah Islamic Port to Djibouti through the container transport company, Transmar.

    Jeddah Islamic Port is one of the three Saudi ports included in the 2021 edition of Lloyd's List of Top 100 Ports.

  • The vote was intended to mark a fresh start for war-torn Libya a year after more than a decade after...

    The vote was intended to mark a fresh start for war-torn Libya a year after more than a decade after its 2011 revolt that toppled and killed dictator Moamer Kadhafi

    But speculation had been mounting for weeks that the poll would not take place on time, given bitter disputes over its legal basis

  • Yemen has been devastated by a civil war between the Saudi-backed government and Iran-backed Huthi rebels since 2014.

    Yemen has been devastated by a civil war between the Saudi-backed government and Iran-backed Huthi rebels since 2014

    The fighting has killed tens of thousands, displaced millions and left some 80 percent of Yemenis dependent on aid

  • According to figures compiled by the Syrian Observatory for Human Rights, 1,505 of them were civilians and among those 360...

    According to figures compiled by the Syrian Observatory for Human Rights, 1,505 of them were civilians and among those 360 were children

    The figure is by far the lowest tally since the start of the war in Syria and confirms a downward trend that saw 6,800 people killed last year and just over 10,000 in 2019

  • The Sharjah Executive Council (SEC) has approved a draft Emiri decree on organizing the Sharjah Classic Cars Club, and a...

    The Council approved draft Emiri decrees on organizing the Sharjah Classic Cars Club and the Sharjah Self-Defense Sports Club.

    The council directs the authorities concerned to equip cadres with the necessary inspection and control skills.

  • Minister Al Kaabi indicated that the achievement will enhance the nation’s scientific capabilities and enable its scientific and industrial organizations...

    The move will enable scientists, researchers and industrial entities in the UAE to use the center’s specialized laboratories to conduct research and develop local industries.

    SESAME was conceived as an international facility for the benefit of the MENA region to help the region retain and attract scientific and engineering talent.

  • The General Authority for Statistics (GASTAT) released the Labor Market Publication, confirming that the unemployment rate of Saudis remained stable...

    Al-Bilad newspaper reported in its editorial that the Kingdom of Saudi Arabia exerts unprecedented efforts in supporting the legitimate government in Yemen.

    Al-Riyadh newspaper reported in its editorial that the addressing of unemployment rate is among the key goals of the Kingdom of Saudi Arabia's vision 2030.

  • European and UK gas prices rocketed Tuesday to all-time highs on strong winter demand and simmering geopolitical tensions between key...

    European and UK markets beat previous records from October. They are currently about eight times greater than at the start of 2021.

    Runaway spot gas prices, alongside other buoyant commodities including crude oil, have fueled mounting concern about spiking inflation worldwide.

  • Authorities in Qatar, host of next year's football World Cup, have confiscated a line of children's toys from stores deeming...

    The ministry of commerce and industry "carried out inspection campaigns on several retail outlets in different regions across Qatar.

    Qatar hosted the Arab Cup recently and has started preparations for hosting the World Cup next year.

  • The main reason for high inflation rates in the GCC countries is a rebound in prices in the sectors that...

    Food and beverages in Kuwait accounted for a whopping increase in prices, while education costs decreased 15.46 percent

    Saudi Arabia’s annual inflation increase is due to a 6.4 percent growth in transportation costs and a 1.4 percent rise in food and beverage prices