INSEAD Day 4 - 728x90

C1

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.
  • National Bonds said it posted its strongest annual performance in two decades, with bondholders’ funds surpassing $4.9 billion in 2025. The company said funds rose 14% year-on-year, while returns of up to 4.45% were distributed to savers. Regular savers increased 37% compared to 2024, and corporate liquidity and treasury solutions...
  • Global economic outlook worsens, AI emerges as both catalyst and risk

    Geneva, Switzerland – The global economic outlook has worsened since the start of the year, as rising economic nationalism and tariff volatility fuel uncertainty and risk stalling long-term decision-making, according to a World Economic Forum report released today. The latest Chief Economists Outlook reveals that a strong majority (79 percent)...
  • Saudi Arabia unveils ‘Colour Your Summer’ program, targeting 41 million visitors

    Riyadh, Saudi Arabia -- Saudi Arabia's tourism sector is poised for an unprecedented summer season, with the official launch of the "Saudi Summer 2025" program, themed "Colour Your Summer." The initiative, unveiled today by Ahmed Al-Khateeb, Minister of Tourism and Chairman of the Board of the Saudi Tourism Authority (STA),...
  • Hajj pilgrimage to begin on June 4: Saudi state media

    Riyadh, Saudi Arabia - Saudi Arabia announced on Tuesday that the annual Muslim hajj pilgrimage to Mecca would begin on June 4 after astronomical observatories spotted the crescent moon, marking the start of the lunar month. The date was announced by the supreme court in a statement carried by the...
  • US no longer recommends Covid shots for children, pregnant women

    Washington, United States - The US will no longer recommend Covid-19 vaccines for children and healthy pregnant women, Health Secretary Robert F. Kennedy Jr. announced Tuesday, calling it a "common sense" decision grounded in sound science. The change follows last week's announcement by Food and Drug Administration officials that they...
  • Filmmaker Panahi cheered on return to Iran after Cannes triumph

    Paris, France - Iranian filmmaker Jafar Panahi was given a hero's welcome by supporters on his return to Tehran on Monday after winning the top prize at the Cannes film festival, footage posted on social media showed. After being banned from leaving Iran for years, forced to make films underground...
  • ADNOC’s listed companies post over $2.3 billion net profit in first quarter

    Abu Dhabi, UAE -- ADNOC Group's publicly traded portfolio companies combined to deliver over $2.3 billion (AED8.4 billion) in first quarter net profit. Each of the six companies delivered strong financial results in the first quarter, alongside clear progress on strategic priorities aimed at driving profitable growth. ADNOC Distribution delivered...
  • Israel’s US ambassador called home over interview remarks

    Jerusalem, Undefined - Israel's ambassador to Washington is being summoned home on the instructions of a government disciplinary body to discuss comments he made in a podcast interview, the foreign ministry said Sunday. Ambassador Yechiel Leiter had made an appearance on a podcast run by the right-wing US online media...
  • Iran-US nuclear talks: key points of contention hampering progress

    Tehran, Iran - Long-time adversaries Iran and the United States held a fifth round of Oman-mediated nuclear talks on Friday in Rome, but with no breakthrough reported. However, both sides still described the meeting as constructive and expressed a willingness to continue the discussions. Here are some of the main...
  • Real estate transactions in five UAE emirates reach $65 billion in Q1

    Abu Dhabi, UAE -- Real estate transactions across five emirates in the UAE surged to over AED 239 billion ($65 billion) in the first quarter of 2025, underpinned by investor confidence, flexible regulations, and expanding project pipelines, official data showed. More than 94,719 sales, purchase, and mortgage deals were recorded...
  • Trump expands Apple tariff threat to all smartphones

    Washington, United States -- US President Donald Trump on Friday threatened Apple and other smartphone manufacturers with a 25 percent tariff unless their devices are built in the United States. Trump initially said the tariff would apply only to Apple -- an unusual move to single out a specific company...
  • Doubt cast on claim of ‘hints’ of life on faraway planet

    Paris, France - When astronomers announced last month they might have discovered the most promising hints of alien life yet on a distant planet, the rare good news raised hopes humanity could soon learn we are not alone in the universe. But several recent studies looking into the same data...
  • Trump fires new 50% tariff threat at EU, drawing stiff response

    Washington, United States - President Donald Trump rekindled the US trade war on Friday, threatening to impose a 50 percent tariff on the European Union -- and drawing a strong response from European politicians. If they come into effect, the new duties on Brussels would dramatically raise Washington's current baseline...
  • Israeli embassy staffers shot in Washington: how it unfolded

    Elias Rodriguez faces murder and other charges after allegedly gunning down two Israeli embassy staffers outside the Capital Jewish Museum in Washington.
  • Israeli director Nadav Lapid decries ‘blindness’ over Gaza

    Cannes, France - Director Nadav Lapid said his new film "Yes" about a musician asked to re-write the Israeli national anthem is a response to his country's "blindness" to suffering in Gaza. Lapid has previously dissected his country's ills in "Synonyms", which won the Golden Bear in Berlin in 2019,...
  • Xiaomi launches new advanced in-house mobile chip

    Beijing, China -- Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop. Xiaomi, which sells goods from smartphones to vacuum cleaners and electric vehicles (EVs), is one...
  • May 2025 Islamic Treasury Sukuk auction attracts bids worth $1.88bn

    Abu Dhabi, UAE -- The Ministry of Finance (MoF), in its capacity as the issuer and in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and payment agent, announced the successful completion of the May 2025 auction of UAE Dirham-denominated Islamic Treasury Sukuk (T-Sukuk) amounting to...
  • Ads pressured to evolve as AI changes Google search

    San Francisco, United States -- As Google races to lead in artificial intelligence, it faces the challenge of making sure the technology doesn't slow its profit-pumping advertising engine. The internet giant is dabbling with ads in its new AI Mode for online search, a strategic move to fend off competition...
  • Rubio sees more Arab states normalizing with Israel this year

    US Secretary of State Marco Rubio suggested Wednesday that more Arab nations could forge ties with Israel this year, as Washington presses hard for relations to normalize with Saudi Arabia.
  • WHO adopts landmark pandemic agreement after over 3 years of negotiations

    Geneva, Switzerland - The World Health Organization's member states on Tuesday adopted a landmark Pandemic Agreement on tackling future health crises, after more than three years of negotiations sparked by the shock of Covid-19. The accord aims to prevent the disjointed responses and international disarray that surrounded the Covid-19 pandemic...
  • Microsoft strikes deal with Elon Musk to host Grok AI

    Seattle, United States - Microsoft on Monday said its business cloud servers will now host technology from xAI, days after the chatbot from the company owned by Elon Musk went off the rails by referencing "white genocide" in South Africa. Musk told an event hosted by Microsoft that his company's...
  • China factory output beats forecasts, weathering tariffs

    Beijing, China - Factory output in China grew at a faster rate than expected last month, official data showed Monday, weathering a brutal trade war with Washington. Industrial production in the export powerhouse grew 6.1 percent on-year in April, according to figures published by the National Bureau of Statistics (NBS)....
  • General Gulf inflation rate logs 1.7% by end of Dec 2024

    Muscat, Oman -- The general inflation rate in the GCC countries rose by 1.7 percent at the end of December 2024 compared to the figures recorded during same month of the previous year, according to the Consumer Price data released by the Statistical Centre for the Cooperation Council for the...
  • Saudi airline resumes first Iran hajj flights since 2015

    Riyadh, Saudi Arabia -- A Saudi airline has resumed flights for Iranian hajj pilgrims to the kingdom for the first time in a decade, the latest sign of the warming ties between the countries. "Flynas resumed Iranian pilgrims flights from Imam Khomeini (airport) in Tehran on Saturday," a Saudi civil...
  • Morocco to reopen embassy in Syria after Assad fall

    Morocco said Saturday it will reopen its embassy Damascus, closed since 2012, signalling renewed support for Syria after the overthrow of longtime ruler Bashar al-Assad.
  • Trump reshapes US Mideast policy. Can deals work instead?

    The Israeli military said Saturday it had launched "extensive strikes" as part of a fresh offensive in Gaza, after rescuers reported 100 people killed in the besieged Palestinian territory.
  • No Israel stop for Trump on Mideast tour shows shifting ties

    Jerusalem, Undefined -- US President Donald Trump's decision to skip over Israel in his Middle East tour was just the latest sign of a shifting dynamic between the historic allies. From nuclear talks with Iran, a ceasefire deal in Yemen and the announcement of lifting sanctions on Syria, Trump has...
  • World Bank announces plans to restart Syria operations

    Washington, United States -- The World Bank on Friday said it would restart operation in Syria following a 14-year pause, after Saudi Arabia and Qatar had paid off the country's outstanding debts. The Bank's operation in Syria were halted when the civil war broke out in 2011, preventing the country...
  • Trump says urged Apple to manufacture in US not India

    Doha, Qatar - US President Donald Trump said Thursday he urged Apple to manufacture its products in the United States instead of India, where the US tech giant has said it would be shifting production after US tariffs on China. "I had a little problem with Tim Cook," Trump said,...
  • Warm Trump-Erdogan ties puts Turkey at heart of peace diplomacy

    Turkey is deploying all-out diplomatic efforts to secure a Russia-Ukraine deal, to ease Syria's relations with the West and facilitate Iranian nuclear talks, its diplomatic standing burnished by Donald Trump's approval.
  • Turkey eyes legal steps after Kurdish militant group PKK disbands

    Ankara, Turkey - After the decision by the Kurdish militant group PKK to disband, Turkey was eyeing Wednesday a raft of legal and technical measures to ensure its full implementation and finally end a four-decade insurgency. Monday's announcement sought to draw a line under a bloody chapter that began in...
  • Al Jazeera says allowed to resume work in Palestinian territories

    Ramallah, Palestinian Territories - Al Jazeera's Ramallah bureau chief said on Monday the news channel could resume working in the Palestinian territories after president Mahmud Abbas lifted a ban in place since January. "Palestinian President Mahmoud Abbas has decided to lift the ban on the Al Jazeera network and allow...
  • Hollywood stars condemn Gaza ‘genocide’ on eve of Cannes Festival

    Cannes, France - More than 350 figures from the cinema world including Hollywood stars Richard Gere and Susan Sarandon condemned "genocide" in Gaza in an open letter published Monday on the eve of the Cannes Festival. "We cannot remain silent while genocide is taking place in Gaza," read the letter...
  • Israel’s West Bank land registration serves ‘annexation’: NGO

    Ramallah, Palestinian Territories - An Israeli rights group denounced Monday a government decision to launch extensive land registration for parts of the occupied West Bank, saying it could help advance annexation of the Palestinian territory. "It is a tool for annexation," said Yonatan Mizrachi of the Settlement Watch project at...
  • India, Pakistan ceasefire holds after early violations

    Poonch, India -  A ceasefire appeared to hold on Sunday between India and Pakistan, hours after the nuclear-armed rivals accused each other of violating a truce that brought them back from the brink of all-out war. The ceasefire was agreed on Saturday after four days of missile, drone and artillery...
  • Trump hails ‘total reset’ in US-China trade relations as talks continue

    Geneva, Switzerland - US President Donald Trump hailed a "total reset" in US-China trade relations, ahead of a second day of talks Sunday between top officials from Washington and Beijing aimed at de-escalating trade tensions sparked by his aggressive tariff rollout. In a Truth Social post early Sunday, Trump praised...
  • US and China meet in ‘important step’ towards de-escalating trade war

    Geneva, Switzerland - Senior US and Chinese officials were meeting in Geneva Saturday in what Chinese state media described as an "important step" towards resolving the trade war sparked by President Donald Trump's sweeping tariffs. US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer were holding talks with...
  • Syria’s Sharaa meets Bahrain king on Gulf trip

    Manama, Bahrain - Bahrain's King Hamad bin Issa Al Khalifa on Sunday welcomed Syrian President Ahmed al-Sharaa, Bahraini state media said, the interim leader's latest engagement with regional leaders since taking power in December. The official Bahrain News Agency said the king hosted Sharaa at his palace, where they "discussed...
  • Rubio urges India, Pakistan to communicate to ‘avoid miscalculation’

    Washington, United States - US Secretary of State Marco Rubio urged India and Pakistan to restore direct communication to "avoid miscalculation" in a series of calls as the conflict neared all-out war, the State Department said early Saturday. Rubio placed telephone calls to the rivals' top diplomats and, for the...
  • The 29th International Oil, Natural Gas, Refinery and Petrochemical Exhibition held within Iran Oil Show 2025 with the participation of more than 2 thousand local and foreign companies in Tehran, Iran on May 08, 2025. AFP

    Damascus, Ankara agree natural gas deal for Syria

    Damascus, Syria - Syrian Energy Minister Mohammad al-Bashir said Friday Damascus and Ankara had reached a deal for Turkey to supply natural gas to the war-torn country via a pipeline in the north. "I agreed with my Turkish counterpart Alparslan Bayraktar on supplying Syria with six million cubic metres of...
  • US truce fails to curb Huthi ambitions: analysts

    Paris, France - Yemen's Iran-backed Huthi rebels have emerged bruised but defiant from a blistering US bombing campaign, cementing their role as one of the Middle East's most powerful non-state actors after a truce with Washington. US President Donald Trump said the rebels had "capitulated" after the intense, seven-week campaign...
  • First responders in Gaza say running out of supplies

    Gaza City, Palestinian Territories - First responders in Gaza said Thursday that their operations were at a near standstill, more than two months into a full Israeli blockade that has left food and fuel in severe shortage. Israel denies a humanitarian crisis is unfolding in the Gaza Strip, where it...
  • Joseph Nye, influential political scientist, who coined ‘soft power,’ dies at 88

    Washington, United States - Joseph Nye, a versatile and influential political scientist and US policymaker who coined the term "soft power," a concept of nations gaining dominance through attractiveness now scoffed at by President Donald Trump, has died, Harvard University announced Wednesday. He was 88. Nye, who died Tuesday, first...
  • Syrian leader meets Emmanuel Macron in first European visit

    Syrian President Ahmed al-Sharaa on Wednesday met French leader Emmanuel Macron on his first visit to Europe since overthrowing longtime ruler Bashar al-Assad, despite alarm over deadly clashes that have overshadowed the new authorities' first months in power.
  • India and Pakistan: a history of armed conflict over Kashmir

    New Delhi, India - India and Pakistan exchanged heavy artillery along their contested frontier in Kashmir on Wednesday in a major escalation between the nuclear-armed neighbours. The latest crisis erupted after New Delhi launched missile strikes on its arch-rival, with deaths subsequently reported on both sides.New Delhi accuses Pakistan of...
  • Indian PM vows to stop waters key to rival Pakistan

    New Delhi, India - Prime Minister Narendra Modi said Tuesday that water from India that once flowed across borders will be stopped, days after suspending a key water treaty with arch-rival Pakistan. New Delhi has blamed Islamabad for backing a deadly attack on tourists on the Indian side of contested...
  • Syria state TV relaunches, months after Assad’s ouster

    Damascus, Syria - Syrian state television officially relaunched on Monday with a trial broadcast almost five months after the ouster of longtime ruler Bashar al-Assad and following delays blamed on sanctions and dilapidated equipment. After Syria's new authorities took power in December, state media and other television channels, radio stations...
  • OpenAI abandons plan to become for-profit company

    San Francisco, United States - OpenAI CEO Sam Altman on Monday said the company behind ChatGPT would continue to be run as a nonprofit, as it abandoned a highly contested plan to turn into a for-profit organization. The issue had become a serious point of contention for the artificial intelligence...
  • Iran says Israel’s Netanyahu dragging US into ‘disaster’ in region

    Tehran, Iran - Iran's Foreign Minister Abbas Araghchi on Monday accused Israeli Prime Minister Benjamin Netanyahu of attempting to drag the United States into "disaster" in the Middle East, warning against any attempt to attack Iran. "Netanyahu is directly MEDDLING within the US Government to DRAG it into another DISASTER...
  • Trump says ordering ‘100% tariff’ on all movies produced abroad

    Washington, United States - President Donald Trump said Sunday he was ordering new tariffs on all films made outside the United States, claiming Hollywood was being "devastated" by a trend of US filmmakers and studios working abroad. The announcement comes as the White House is coming under mounting criticism over...
  • US Fed expected to pause cuts again and wait for clarity on tariffs

    Washington, United States -- The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how President Donald Trump's stop-start tariff rollout affects the health of the world's largest economy. Trump has imposed steep levies on China, and lower...