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EARNINGS

Qalaa continued to build on its strong start to the year, delivering in 2Q24 a revenue expansion of 64% y-o-y to EGP 38.2bln

Qalaa continued to build on its strong start to the year, delivering in 2Q24 a revenue expansion of 64% y-o-y to EGP 38.2bln
Qalaa continued to build on its strong start to the year, delivering in 2Q24 a revenue expansion of 64% y-o-y to EGP 38.2bln
SAUDI ARABIA

Mobily concludes participation in connected World KSA, announcing partnerships to enhance digital solutions and carrier services

Mobily concludes participation in connected World KSA, announcing partnerships to enhance digital solutions and carrier services
Mobily concludes participation in connected World KSA, announcing partnerships to enhance digital solutions and carrier services
BAHRAIN

Bahrain Airport Company welcomes British Airways' enduring commitment to the Kingdom of Bahrain

Bahrain Airport Company welcomes British Airways' enduring commitment to the Kingdom of Bahrain
Bahrain Airport Company welcomes British Airways' enduring commitment to the Kingdom of Bahrain
UAE

Dubai Future Forum raises ‘Powerful Questions’ as 2 million tune in worldwide

Dubai Future Forum raises ‘Powerful Questions’ as 2 million tune in worldwide
Dubai Future Forum raises ‘Powerful Questions’ as 2 million tune in worldwide
REAL ESTATE

Palm Hills and Marriott International sign agreement to launch The Ritz-Carlton Residences, Cairo, Palm Hills

Palm Hills and Marriott International sign agreement to launch The Ritz-Carlton Residences, Cairo, Palm Hills
Palm Hills and Marriott International sign agreement to launch The Ritz-Carlton Residences, Cairo, Palm Hills
INVESTMENT

Future Fund Oman launches first wave of investment projects worth over US$ 2bln

Future Fund Oman launches first wave of investment projects worth over US$ 2bln
Future Fund Oman launches first wave of investment projects worth over US$ 2bln
EARNINGS

Infracorp reports net profit of USD 37.2mln in first 9 months of 2024

Infracorp reports net profit of USD 37.2mln in first 9 months of 2024
Infracorp reports net profit of USD 37.2mln in first 9 months of 2024

GREEN PRESS RELEASES

M&A

Danfoss completes acquisition of ENFOR’s district energy efficiency software

Danfoss completes acquisition of ENFOR’s district energy efficiency software
Danfoss completes acquisition of ENFOR’s district energy efficiency software
SUSTAINABILITY

DEWA organises a youth circle entitled ‘involving the next generations in driving sustainable development and green economy’

DEWA organises a youth circle entitled ‘involving the next generations in driving sustainable development and green economy’
DEWA organises a youth circle entitled ‘involving the next generations in driving sustainable development and green economy’
PHILANTHROPY

Youngest Emirati Philanthropist commits $2mln to UNICEF for climate crisis response at COP28

Youngest Emirati Philanthropist commits $2mln to UNICEF for climate crisis response at COP28
Youngest Emirati Philanthropist commits $2mln to UNICEF for climate crisis response at COP28
COP 28 DUBAI

UAE residents expect complete electric & hybrid vehicle domination in a few years, reveals survey amidst COP28

SUSTAINABILITY

Greening Education Hub puts green education at the forefront of global climate discussions

SUSTAINABILITY

ENOC collaborates with SAP and Moro Hub to accelerate the sustainable digital transformation of its operations

COMPANIES NEWS

IPO

Khaleeji Bank appointed exclusive receiving bank for Al Abraaj Restaurants Group IPO

Khaleeji Bank appointed exclusive receiving bank for Al Abraaj Restaurants Group IPO
Khaleeji Bank appointed exclusive receiving bank for Al Abraaj Restaurants Group IPO
INFRASTRUCTURE

Four Seasons Private Residences Jeddah unveils largest suspended bridges in the Middle East

Four Seasons Private Residences Jeddah unveils largest suspended bridges in the Middle East
Four Seasons Private Residences Jeddah unveils largest suspended bridges in the Middle East
TECHNOLOGY

GCG Enterprise Solutions announces strategic partnership with Forenzy Networks

GCG Enterprise Solutions announces strategic partnership with Forenzy Networks
GCG Enterprise Solutions announces strategic partnership with Forenzy Networks
EARNINGS

Lulu Retail reports Q3 2024 results following ADX listing

Lulu Retail reports Q3 2024 results following ADX listing
Lulu Retail reports Q3 2024 results following ADX listing
AIRLINES

Flynas launches 3 direct flights between Madinah and Sphinx Airport in Cairo as of December 11, 2024

Flynas launches 3 direct flights between Madinah and Sphinx Airport in Cairo as of December 11, 2024
Flynas launches 3 direct flights between Madinah and Sphinx Airport in Cairo as of December 11, 2024
SAUDI ARABIA

Diriyah Company announces multi-billion Dollar Qurain Cultural District and Northern District During Bashayer ’24

Diriyah Company announces multi-billion Dollar Qurain Cultural District and Northern District During Bashayer ’24
Diriyah Company announces multi-billion Dollar Qurain Cultural District and Northern District During Bashayer ’24

GOVERNMENT NEWS

FOOD

ADQCC participates in ADIFE 2024

ADQCC participates in ADIFE 2024
ADQCC participates in ADIFE 2024
UAE

Federal Tax Authority showcases its development projects, digital transformation and ‘Zero Government Bureaucracy’ to live broadcasters

Federal Tax Authority showcases its development projects, digital transformation and ‘Zero Government Bureaucracy’ to live broadcasters
Federal Tax Authority showcases its development projects, digital transformation and ‘Zero Government Bureaucracy’ to live broadcasters
UAE

Over 51,000 new companies became members of Dubai Chamber of Commerce during Q1-Q3 2024

Over 51,000 new companies became members of Dubai Chamber of Commerce during Q1-Q3 2024
Over 51,000 new companies became members of Dubai Chamber of Commerce during Q1-Q3 2024
POLICY

The Judicial Department and Abu Dhabi Police discuss the mechanism for implementing new electronic monitoring measures

EDUCATION

Dialogue of the Future of Higher Education discusses initiatives and programmes driving the sector in line with national development goals

UAE

UAE hosts senior budget officials from organisation for economic cooperation and development for the Middle East and North Africa

PEOPLE IN THE NEWS

PEOPLE IN THE NEWS

UAE

FP7McCann Dubai bolsters leadership team with Sana Omran’s promotion

FP7McCann Dubai bolsters leadership team with Sana Omran’s promotion
FP7McCann Dubai bolsters leadership team with Sana Omran’s promotion
HOSPITALITY

Pullman Resort Al Marjan Island strengthens its positioning with the appointment of Evan Harrington as General Manager

Pullman Resort Al Marjan Island strengthens its positioning with the appointment of Evan Harrington as General Manager
Pullman Resort Al Marjan Island strengthens its positioning with the appointment of Evan Harrington as General Manager
FINANCIAL SERVICES

Mashreq appoints Philip Philippides as CEO of Mashreq Capital

Mashreq appoints Philip Philippides as CEO of Mashreq Capital
Mashreq appoints Philip Philippides as CEO of Mashreq Capital
HOSPITALITY

Sheraton Dubai Creek Hotel & Towers appoints new Director of Sales and Marketing

Sheraton Dubai Creek Hotel & Towers appoints new Director of Sales and Marketing
Sheraton Dubai Creek Hotel & Towers appoints new Director of Sales and Marketing
FINANCIAL SERVICES

Investcorp appoints Mashaal AlJomaih as Chief Executive Officer of Saudi Arabia

Investcorp appoints Mashaal AlJomaih as Chief Executive Officer of Saudi Arabia
Investcorp appoints Mashaal AlJomaih as Chief Executive Officer of Saudi Arabia

RESEARCH AND STUDIES

REAL ESTATE

Dubai real estate market on track for 30% sales growth by year end – Property Monitor

Dubai real estate market on track for 30% sales growth by year end – Property Monitor
Dubai real estate market on track for 30% sales growth by year end – Property Monitor
INDUSTRIAL

KPMG report: building governance for a sustainable industrial future in Saudi Arabia and beyond

KPMG report: building governance for a sustainable industrial future in Saudi Arabia and beyond
KPMG report: building governance for a sustainable industrial future in Saudi Arabia and beyond
SUSTAINABILITY

BankDhofar publishes inaugural sustainability report for 2023

BankDhofar publishes inaugural sustainability report for 2023
BankDhofar publishes inaugural sustainability report for 2023
M&A

MENA M&A activity saw 522 deals valued at US$71.0b in 9M 2024

UNITED ARAB EMIRATES

Emergencies, Crises and Disasters Management Centre - Abu Dhabi releases a research report

FINANCIAL SERVICES

Majority of banks and insurers struggle to maximize the value from their cloud investments

EVENTS AND CONFERENCES

BAHRAIN

Bahrain Bourse to Host TradingTech Summit MENA 2024

Bahrain Bourse to Host TradingTech Summit MENA 2024
Bahrain Bourse to Host TradingTech Summit MENA 2024
ARTIFICIAL INTELLIGENCE

Knowledge Summit 2024 discusses mechanisms for preparing upcoming generations

UAE

Department of Finance – Abu Dhabi announces participation in Tawdheef 2024

HEALTHCARE

Cleveland Clinic Abu Dhabi inaugurates its first Nursing Conference in Abu Dhabi today

Cleveland Clinic Abu Dhabi inaugurates its first Nursing Conference in Abu Dhabi today
Cleveland Clinic Abu Dhabi inaugurates its first Nursing Conference in Abu Dhabi today

AFRICA PRESS RELEASES

AFRICA

Eritrea: National Antimicrobial Awareness Week Campaign

AFRICA

The African Development Fund releases initial support of $99 million to finance the development of rice cultivation value chains in West Africa

AFRICA

Call for entries: The Earthshot Prize 2025 – Seeking groundbreaking solutions to restore our planet

AFRICA

The 29th Conference of the Parties (COP29): No more delay. Time to pay up is now! (By Landry Ninteretse)

AFRICA

Ecobank opens the market at the London Stock Exchange to celebrate successful issuance of US$400 Million Eurobond

AFRICA

Vodacom Group launches initiative to upskill 1million young people across Africa

AFRICA

Yellow Card Secures Crypto Asset Service Provider Licence in South Africa

AFRICA

Telecoming and MTN Partner to Launch cloud gaming in South Africa

AFRICA

VFS Global expands United Kingdom (UK) visa services in Sub-Saharan Africa in second phase of rollouts

ASIA PRESS RELEASES

Asia Press Release

Lexus Asia Celebrates Celebrity Chef Alvin Leung's Protégé in The Maverick Academy

Asia Press Release

OPPO Launches Find X8 Series Globally, Marking Steady Progress in Globalization

Asia Press Release

OPPO Find X8 and Find X8 Pro Launches Globally with Ultra-Grade Hasselblad Cameras, Next-Gen Performance and ColorOS 15

Asia Press Release

OPPO Elevates ColorOS 15 with Microsoft’s Advanced AI Productivity Features

Asia Press Release

Aon appoints Magnus Roe as Global Chief Data and Analytics Officer Based in Singapore

Asia Press Release

DHL sees the continued importance of road freight in Southeast Asia as companies build supply chain resiliency

Asia Press Release

"Blessed Xizang, Loving Shannan": The Cultural Tourism & Investment Promotion Event for Shannan City, Xizang Autonomous Region, China Successfully Held In Thailand

Asia Press Release

Tsim Sha Tsui Ranked the World’s Fourth Most Expensive Shopping Street

Asia Press Release

2024 Triggers First-Ever Insurance Payout for Disaster Fund

MORE ON PRESS RELEASE

FINANCIAL SERVICES

ADGM FSRA publishes IT Risk Management Guidance

ADGM FSRA publishes IT Risk Management Guidance
ADGM FSRA publishes IT Risk Management Guidance
MRO

Sanad and GAL strengthen strategic MRO partnership

Sanad and GAL strengthen strategic MRO partnership
Sanad and GAL strengthen strategic MRO partnership
MILITARY

SAMINavantia launches New HAZEM Lite CMS for vessels

SAMINavantia launches New HAZEM Lite CMS for vessels
SAMINavantia launches New HAZEM Lite CMS for vessels
TELECOM

Stc Group champions youth initiatives at the MiSK Global Forum

Stc Group champions youth initiatives at the MiSK Global Forum
Stc Group champions youth initiatives at the MiSK Global Forum
FINANCIAL SERVICES

CBB’s monthly issue of treasury bills oversubscribed

CBB’s monthly issue of treasury bills oversubscribed
CBB’s monthly issue of treasury bills oversubscribed
BAHRAIN

Beyon Solutions and Bapco Energies sign partnership

Beyon Solutions and Bapco Energies sign partnership
Beyon Solutions and Bapco Energies sign partnership
MIDDLE EAST

Secure Domains launches operations in the Middle East

Secure Domains launches operations in the Middle East
Secure Domains launches operations in the Middle East
REAL ESTATE

GJ Properties sets record sales of AED 550mln at Ajman Sales Event

GJ Properties sets record sales of AED 550mln at Ajman Sales Event
GJ Properties sets record sales of AED 550mln at Ajman Sales Event
MEDIA

Digital news platform Moniify to deliver business and finance content

Digital news platform Moniify to deliver business and finance content
Digital news platform Moniify to deliver business and finance content
Find companies
TOP PRESS RELEASES
1.

Taaleem acquires Lycée Libanais Francophone Privé Meydan a leading Dubai-based French curriculum school

2.

Talabat Holding plc announces offer price range and start of subscription period for initial public offering

3.

E& UAE and Open Innovation AI launch ‘AI Lab’ to develop tailored solutions for the UAE market

4.

Deyaar’s first residential project in Abu Dhabi sells out amid strong demand

5.

Albal Design launches UAE's first science based interior design concept

TOP PICKS

CLIMATE CHANGE

Temperatures off the charts, but more records imminent: WMO

Temperatures off the charts, but more records imminent: WMO
Temperatures off the charts, but more records imminent: WMO
TRANSPORT

New bridges, better connectivity: Dubai RTA opens completed project

TECHNOLOGY

Dubai Crown Prince Sheikh Hamdan unveils cloud project to boost digital infrastructure

UAE

Watch: Sheikh Mohammed takes a bicycle tour of the cycling path on the Dubai Water Canal

MORNING BRIEFING

MORNING BRIEFING

Wednesday Outlook: Asia stocks edge up on Nvidia hopes; dollar steady as Fed urges patience

Wednesday Outlook: Asia stocks edge up on Nvidia hopes; dollar steady as Fed urges patience
Wednesday Outlook: Asia stocks edge up on Nvidia hopes; dollar steady as Fed urges patience
INSIGHTS
1

There may be no durable Trump trade: Mike Dolan

2

AI will force tech investors to become macro aware: Wang

3

China crude oil imports set for November rebound, but it's price not demand: Russell

4

China's cashed-up crowd is back in the stock market

5

OPEC+ may stick with deep oil cuts for longer due to weak demand

THE BRI REPORT

BELT AND ROAD INITIATIVE

China’s flagship global infrastructure initiative is changing in the face of potent headwinds

China’s flagship global infrastructure initiative is changing in the face of potent headwinds
China’s flagship global infrastructure initiative is changing in the face of potent headwinds

ZAWYA COVERAGE

EQUITIES

UAE’s Lulu Retail Q3 net profit at $35.1mln on strong sales across markets

UAE’s Lulu Retail Q3 net profit at $35.1mln on strong sales across markets
UAE’s Lulu Retail Q3 net profit at $35.1mln on strong sales across markets
IPO

VIDEO: Delivery Hero looks to raise $1.5bln in Talabat’s Dubai IPO

SUKUK

Saudi Investment Bank USD AT1 sukuk yield set at 6.375%

BONDS

Adani Green's sustainable bonds price guidance at 7.75%

LATEST VIDEO

IPO

VIDEO: Delivery Hero looks to raise $1.5bln in Talabat’s Dubai IPO

VIDEO: Delivery Hero looks to raise $1.5bln in Talabat’s Dubai IPO
VIDEO: Delivery Hero looks to raise $1.5bln in Talabat’s Dubai IPO
LATEST NEWS
1

Huawei aims to mass-produce newest AI chip in early 2025, despite US curbs

2

Fed's Williams sees inflation cooling and interest rates falling further, Barron's reports

3

Google must divest Chrome to restore competition in online search, DOJ says

4

Nvidia's supply snags hurting deliveries but mask booming demand

5

India's Adani Group sees $30bln in value wiped off after US indictments

SPONSORED CONTENT

INVESTMENT

Private Markets: From headwinds to tailwinds

Private Markets: From headwinds to tailwinds
Private Markets: From headwinds to tailwinds
ARTIFICIAL INTELLIGENCE

Assessing the economic impact of generative AI: Translating promise to reality

Assessing the economic impact of generative AI: Translating promise to reality
Assessing the economic impact of generative AI: Translating promise to reality
GCC

GCC fixed income: An alternative diversifier to core allocations

GCC fixed income: An alternative diversifier to core allocations
GCC fixed income: An alternative diversifier to core allocations