INSEAD Day 4 - 728x90

stocks

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.
  • Tokyo equities climb up ahead of key US inflation report

    Tokyo stocks opened higher on Wednesday ahead of a key US inflation report and with worries growing over rising Covid-19 cases in Japan and abroad. The benchmark Nikkei 225 index was up 0.53 percent in early trade, while the broader Topix index edged up 0.43 percent.
  • Oil prices drop below $100 on recession worries

    Recession worries pushed the price of Brent oil briefly back under $100 on Wednesday, and the euro moved closer to parity with the dollar. European stocks rebounded thanks to lower bond yields and bargain hunting, while US stocks also advanced, climbing after Federal Reserve minutes maintained a tough line on...
  • Tokyo stocks rise on back of US Fed resolve to fight inflation

    Tokyo shares opened higher Thursday after minutes from a Federal Reserve meeting showed that US central bankers are determined to fight inflation despite recession worries. The dollar was at 135.86 yen, compared with 135.93 yen on Wednesday in New York.
  • Tokyo equities open lower as recession fears persist

    Tokyo stocks opened lower Wednesday after a mixed close on Wall Street as lingering recession fears caused a rout on European bourses. The benchmark Nikkei 225 index was down 0.79 percent, or 209.58 points, at 26,213.89 in early trade, while the broader Topix index was down 0.69 percent.
  • Tokyo equities climb up on back of Wall Street gains

    Tokyo stocks opened higher on Monday as investors took heart from gains on Wall Street while staying cautious over the economic impacts of inflation. The dollar fetched 135.02 yen in early Asian trade, against 135.28 yen in New York late Friday.
  • Equity markets mixed as eurozone inflation hits record

    Wall Street stocks shrugged off early weakness to begin the second half of 2022 on a solid note Friday, but record eurozone inflation underscored the potential for more turbulence ahead. New York equities spent much of the morning in the red, absorbing an industry survey showing slowing growth in the...
  • US stocks on defensive amid inflation and slowdown anxiety

    Wall Street stocks were mixed early Wednesday, treading water after the prior session's pullback that came amid worries over soaring inflation and an economic slowdown. After last week's rally, stocks were back on the defensive Tuesday, falling hard after downcast consumer confidence reading. But early in the session Wednesday "there...
  • Oil prices climb up as Wall Street stocks post losses

    Oil prices bounced and Wall Street stocks declined Monday, reversing the most recent trends as markets eye the end of a bruising second quarter. After positive sessions for several leading European and Asian bourses, Wall Street stocks were in the red most of the day, and finished modestly lower.
  • Oil prices and equities climb up as rate-hike worries taper off

    Global stock markets and oil prices jumped higher on Friday following recent heavy losses as the weakening economic outlook moderates expectations about central bank monetary tightening.
  • European equities retreat before US inflation data

    European stock markets retreated at the open Friday following losses in Tokyo, with all eyes on US inflation data and its impact on the outlook for interest rate rises. London's benchmark FTSE 100 index dropped 0.5 percent to 7,442.31 points.
  • Tokyo stocks open lower after US stocks slide

    Tokyo stocks opened lower on Wednesday after US stocks mostly retreated on concerns about growth following a profit warning from the owner of Snapchat that shocked the tech sector. The benchmark Nikkei 225 index was down 0.13 percent, or 36.02 points at 26,712.12 in early trade.
  • Lebanon running out of passport stocks

    Authorities concerned say that since 2020, requests for passport renewals have been ten times higher than in previous years.
  • Global markets slide on Fed chief’s warning

    Global stock markets slid Friday after the Federal Reserve warned of an aggressive tightening of monetary policy to tame runaway inflation. Wall Street was also glum shortly after the opening bell as the Dow sank 0.9 percent while the S&P index and the tech-rich Nasdaq were showing smaller losses.
  • Bolsonaro removes Petrobras president after surge in fuel price

    Brazilian President Jair Bolsonaro decided on Monday to replace the president of state-owned oil giant Petrobras, Joaquim Silva e Luna, amid strong pressure due to recurrent increases in fuel prices.
  • Saudi stocks shoot up on the back of high oil prices

    Nudged by high oil prices, Saudi stocks inched up as the main index, TASI, gained 0.24 percent to touch 12,882, while the parallel market fell 0.22 percent to 24,487.
  • Saudi stocks post gains in early trading as oil prices decline

    Saudi stocks posted gains in the early hours of trading on Sunday due to a dip in the prices of crude oil. Stocks world over posted losses last week as Russia invaded Ukraine, taking over many areas of the western neighbor.
  • Saudi Arabia has stable food stocks, says agriculture minister

    Saudi Arabia has taken steps to maintain the stability of domestic supply in accordance with the food security strategy.
  • Global stocks rebound, oil slips as traders weigh Russia sanctions

    In Europe, the three main indices all closed more than three percent higher, recovering most if not all of the previous day's losses, as Western nations held off from imposing sanctions that would cripple critical sales of Russian oil and gas.
  • Global diesel supplies fall as demand rises in post-pandemic recovery

    Global supplies of diesel are dwindling as refiners struggle to keep pace with rapid post-pandemic demand recovery, exacerbating an acute global energy shortage that has already sent the prices of gas, coal and crude oil soaring. At a time when global central banks are fretting over inflation rates not seen...
  • Global stocks rise amid optimism Omicron won’t derail recovery

    Experts caution against too much optimism around early indications that Omicron causes less severe disease than previous strains, pointing out that it is spreading so fast it could still overwhelm health systems.
  • Stocks dip in Asia ahead of US inflation figures

    Traders were awaiting the latest US consumer price data, set for release Friday, which is expected to show inflation climbing higher last month.
  • Omicron batters indices across MENA

    Stock markets across the MENA region suffered losses on Sunday as dip in oil prices and mounting concern over ‘Omicron’ weighed heavily on investors’ minds.
  • New Covid-19 variant spooks global markets

    Firms linked to travel were among the worst affected as investors fretted over the possibility of more government-mandated restrictions.
  • History created: ADX market capitalization crosses US$300 billion

    The UAE’s booming economy and the gradual opening up of the world markets helped Abu Dhabi Securities Exchange’s market capitalization to cross US$300 billion (AED1.1 trillion) on 12 July 2021.
  • Upbeat sentiments driving UAE stocks

    A total of Dh1.235 bn in deals were conducted in ADX while DFM saw Dh212 million in deals Emaar Properties led the best performing shares at the DFM  At Abu Dhabi and Dubai main share indexes remained in the positive territory Tuesday, and climbed 0.53 percent and 0.29 percent respectively,...
  • UAE stocks gain $2.2 bn in market cap in five sessions

    ADX-listed International Holding Company continued its upward streak to AED97.4 amid AED3.53 bn in transactions
  • Stocks gain in Qatar while government begins to ease Covid restrictions

    Other stock exchanges were stayed dull, posting modest gains and losses  The Gulf Arab state said that leisure and education centres and restaurants can reopen  Stock prices shot up on Qatar stock exchange on Thursday encouraged by a positive atmosphere that the country was going to ease coronavirus curbs. Across...