INSEAD Day 4 - 728x90

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.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

AHOY raises $20m in financing

Since its launch in 2018, AHOY has raised a total funding of $27 million. AFP
  • AHOY uses tech-driven infrastructure to optimize mobility for enterprises, and will use its latest funding to expand its reach to African and Latin American markets
  • It has grown 25 times in terms of revenue, number of transactions, and tech deployment from 2020 to 2021

AHOY, a UAE and Saudi operating logistics startup, has raised $20 million in financing from undisclosed investors.

AHOY uses tech-driven infrastructure to optimize mobility for enterprises, and will use its latest funding to expand its reach to African and Latin American markets.

Since its launch in 2018, AHOY has raised a total funding of $27 million. It has grown 25 times in terms of revenue, number of transactions, and tech deployment from 2020 to 2021.