INSEAD Day 4 - 728x90

Congress

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.
  • Turkey opposition calls extraordinary congress for Sept 21

    Turkey's main opposition party has announced it will hold an extraordinary congress on September 21 after a court ousted its Istanbul leadership on graft allegations, a party source confirmed to AFP on Saturday.
  • India publishes election donation data after court order

    The BJP had received slightly less than 48 percent of all election bonds cashed by parties up to March 2023, amounting to around $730 million. Congress, India's main opposition party, had by contrast received around $171 million in the same timeframe, or 11 percent of the total.
  • Chinese leaders seek ways to boost economy in key event

    Beijing, China - China's leaders on Monday wrapped up a week-long key conclave at which they admitted more was needed to revive a sluggish economy battered by an ailing housing market, poor domestic demand and record-high youth unemployment. Top officials have been upfront about the myriad challenges China is facing, admitting...
  • US endorses transfer of funds to Iran in prisoner deal

    President Joe Biden's administration has insisted that Iran will only be allowed to use the money to buy food, medicine and other humanitarian goods. Iran had generated the $6 billion in question by selling its oil to South Korea, a close US ally, which froze the funds after the US...
  • Members of US Congress make rare visit to Syria’s rebel area

    The Republican delegation comprising French Hill, Ben Cline and Scott Fitzgerald entered Syria from Turkey through the Bab al-Salama border crossing, where they were welcomed by a banner reading "Welcome to Free Syria" and revolutionary flags. The delegation visited a hospital in Aleppo province and met orphans of the Syrian...
  • Trump to seek new judge in election conspiracy trial

    The twice-impeached Republican, who is seeking a return to the White House in 2024, has unleashed a stream of invective against those prosecuting him or running the case in which he faces charges over attempts to overturn the 2020 election results and defraud the United States. His latest target: US...
  • Qatar Chamber signs MoU with Argentina Chamber to boost economic ties

    Doha, Qatar-- Qatar and Argentina are looking to bolster ties and in this regard Qatar Chamber of Commerce and Industry (QC) and Argentina Chamber of Commerce have signed a memorandum of understanding (MoU) to enhance and diversify trade exchanges and economic cooperation between the two countries. This came on the...
  • US debt deal faces tough sell in Congress to avoid default

    The agreement announced Saturday by President Joe Biden and Republican leader Kevin McCarthy after weeks of crisis talks offers a path back from the default precipice, but it is far from certain that the compromises it contains can garner the support it requires from both sides of the aisle.
  • G7 to focus on ‘responsible’ use of artificial intelligence

    The world must assess the impact of generative artificial intelligence, G7 leaders said, announcing they will launch discussions this year on "responsible" use of the technology. A working group will be set up to tackle issues from copyright to disinformation, the seven leading economies said in a communique during a...
  • Jordan’s king seeks deeper partnership with US in ‘various fields’

    Amman, Jordan--Expressing his deep appreciation of the United States for its support to Jordan, King Abdullah has called for strengthening of ties with its longtime strategic partnership in a meeting with a US Congress delegation. The king, according to a royal court statement, received the delegation headed by US House...
  • DMCC reports 17 percent diamond trade growth in 2022

    Dubai, UAE--- Dubai Multi Commodities Centre has reported a 17 percent year-on-year increase in the value of diamond trade in 2022 to $37.4 billion for rough and polished diamonds, including a 42 percent rise in the polished category and a 7 percent rise in rough. The UAE has witnessed soaring...
  • US Congress gives Boeing a reprieve on 737 Max cockpit changes

    The bill requires Boeing to make some enhancements to the jets, but allows the Federal Aviation Administration to approve both the 737 MAX 7 and 737 MAX 10 without mandating an overhaul of the crew alerting systems. The bill requires the enhancements to be installed on other MAX models within...
  • US lawmakers release $1.7 trillion spending bill to avert shutdown

    WASHINGTON, UNITED STATES - US lawmakers early Tuesday released the text of a US$1.7 trillion funding bill which Congress hopes to pass within days to avert a government shutdown. The bill includes $858 billion in defense funding and will also provide $44.9 billion in emergency assistance for Ukraine. It also includes...
  • FTX founder Sam Bankman-Fried arrested in the Bahamas

    Nearly a month after the downfall of FTX, its founder Sam Bankman-Fried was arrested in the Bahamas at the request of the US. He is scheduled to appear before a US Congress hearing in which he is to testify under oath about the crypto exchange's sudden fall.
  • Jordan to receive $1.65bn in US aid in 2022

    Jordan has seen several factors affect its economy, such as the conditions brought on by the Covid-19 and the Syrian refuge crises.
  • MENA Transport Congress Exhibition kicks off in Dubai

    The fourth edition of the MENA Transport Congress & Exhibition began on Monday in Dubai.
  • Facebook whistleblower sits atop publicity juggernaut

    Haugen's leak of company records has benefited from well-oiled communications machinery, powerful backers and a lucky cryptocurrency bet.
  • Whistleblower urges regulation to tackle FB ‘crisis’

    Ex-employee Frances Haugen has fueled one of Facebook's most serious crises yet and prompted a denial from CEO Mark Zuckerberg.