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.
  • A deadly shooting Monday at a Damascus club, days after another attack on the capital's nightlife, has sparked fears, adding...

    Since the fall of longtime ruler Bashar al-Assad in December, the international community has been pressing the new authorities to respect personal freedoms

    The Syrian Observatory for Human Rights monitor said gunmen attacked Karawan "with automatic weapons and opened fire, killing a woman and wounding others."

  • Iran on Sunday unveiled a new solid-fuel ballistic missile with a range of 1,200 kilometres (745 miles), state television reported,...

    Western nations have raised concerns about Tehran's missile capabilities, accusing it of destabilising the Middle East

    Iran supports the "axis of resistance" network of militant groups opposed to Israel, including Yemen's Huthi rebels

  • Israeli Prime Minister Netanyahu warned of future retaliation, saying Israel had acted against Iran-backed Huthis before and “will act in...

    The Huthi-run Saba news agency said the strikes included two targeting Arbaeen street in the capital as well as one on the airport road, blaming them on "American aggression."

    The Huthis, who control swathes of Yemen, have launched missiles and drones targeting Israel and Red Sea shipping throughout the Gaza war, acting in solidarity with Palestinians

  • Washington, United States -- The US Federal Reserve is widely expected to extend a recent pause in rate cuts this...

    Most economists expect the tariffs introduced since January to push up prices and cool economic growth, at least in the short run.

    Financial markets overwhelmingly expect the Fed to announce another rate cut pause on Wednesday, according to data from CME Group.

  • Bangkok, Thailand -- Massive planned US duties on solar panels made in Southeast Asia could be a chance for the...

    Earlier this month, Washington announced plans for hefty duties on solar panels made in Cambodia, Vietnam, Thailand and Malaysia.

    Southeast Asia accounted for nearly 80 percent of US solar panel imports in 2024.

  • The announcement comes after Lebanon's President Joseph Aoun met with his UAE counterpart Mohamed bin Zayed in Abu Dhabi on...

    UAE imposed the travel ban and withdrew diplomats from Beirut in solidarity with Saudi Arabia, after a Lebanese minister criticized the Riyadh-led military intervention in Yemen.

    Lebanese citizens were not banned from travelling to the UAE, although some experienced difficulties obtaining visas.

  • Rome, Italy --  The Food and Agriculture Organization of the United Nations (FAO) released a new Cereal Supply and Demand...

    FAO’s latest forecast for 2025 wheat production is pegged at 795 million tons, on par with the previous year.

    FAO’s new forecast for world cereal utilization in 2024/25 stands at 2 870 million tons, a 1.0 percent increase over the 2023/24 level.

  • The armed wing of Hamas, the Ezzedine al-Qassam Brigades, released a video Saturday showing an Israeli-Russian hostage who appeared to have...

    In the undated four-minute video, the hostage, wearing bandages on his head and left arm spoke in Hebrew, implying he had been wounded in a recent Israeli bombardment

    AFP and Israeli media identified the hostage as Russian-Israeli Maxim Herkin, who turns 37 a the end of May. His family urged media not to disseminate the video

  • Washington, United States - An Illinois man was sentenced to 53 years in prison on Friday for the murder of...

    Joseph Czuba, 73, was convicted in February of fatally stabbing Wadea Al-Fayoumi and attacking the boy's mother, Hanan Shaheen

    Czuba was the family's landlord and the attack took place a week after the start of the Israel-Hamas war in October 2023

  • Israel launched more than 20 air strikes inside Syria late Friday, a war monitor said, following up an attack near...

    The strikes came amid Israeli warnings to the Damascus government not to harm the Druze minority, following recent sectarian clashes

    An Israeli military statement said its forces had "struck a military site, anti-aircraft cannons and surface-to-air missile infrastructure in Syria."