INSEAD Day 4 - 728x90

modernization

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.
  • Localization in focus as KSA raises military spending

    Saudi Arabia's 2024 budget hikes military spending to $71 billion for industry localization and modernization, targeting 50% equipment spending localization by 2030.
  • US, India agree on defense industry cooperation plan

    The United States and India agreed a roadmap for military industrial cooperation, as New Delhi seeks to reduce its reliance on key arms supplier Russia. "We established an ambitious new roadmap for defense industrial cooperation, which will fast track high priority co-development and co-production projects," US Secretary of Defense Lloyd...
  • UAE marks 47 years of unification of Armed Forces

    The ongoing overall technological developments drive the UAE Armed Forces to increase their efforts to modernize in order to address current regional and global challenges.
  • Jordan cabinet reshuffle aims at modernization plans

    Jordan's cabinet reshuffle is a mandate for the government to work within the Kingdom's three modernization tracks, launched at the beginning of the country's bicentennial, Minister of Government Communications Faisal Shboul said.
  • UAE and Uzbekistan extend strategic partnership for three years

    The UAE and Uzbekistan have pushed for a new phase of their strategic partnership for government modernization to promote the exchange of knowledge, expertise, and successful experiences.
  • Saudi Crown Prince opens up on every little thing

    Saudi Arabia’s Crown Prince Mohammed bin Salman has created quite a few ripples with his views on all things important during his first interview to a non-Saudi publication in two years.
  • UAE honored with UN Public Service Award for government modernization

    The UN has awarded the UAE with the United Nations Public Service Award in recognition of its role in government modernization. An official statement said the award came in recognition of the UAE’s achievements in the field of government modernization, building new models of future governments, and its global efforts...
  • Kuwaiti women play big role in development: Diplomat

    Fahad Hejji, the First Secretary of the Permanent Mission of the State of Kuwait to the United Nations, has said at the UN that women from his country play a significant role in the development and modernization of society, and they have offered invaluable contributions to the national efforts to...