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ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

DMZ, Sheraa sign deal to support 15 startups from Sharjah

The DMZ is a startup incubator based at Toronto Metropolitan University (TMU). (WAM)
  • Sheraa’s startup community will now have access to the DMZ’s on-demand learning platform called ‘Launchpad’.
  • The platform is designed to support aspiring and early-stage entrepreneurs in developing foundational business skills.

Sharjah, UAE – The Sharjah Entrepreneurship Center (Sheraa) will partner with the DMZ to support entrepreneurs of Sharjah and empower 15 startups from the emirate to the DMZ-led soft-landing program.

The DMZ is a startup incubator based at Toronto Metropolitan University (TMU). The incubator helps to equip the next generation of tech entrepreneurs with the tools needed to build, launch, and scale highly impactful startups, media reports said.

Sheraa’s startup community will now have access to the DMZ’s on-demand learning platform called ‘Launchpad’.

The platform is designed to support aspiring and early-stage entrepreneurs in developing foundational business skills.

In addition, 15 Sheraa startups, selected at the annual Sharjah Entrepreneurship Festival, will join the DMZ’s intensive 2-week program at Toronto Pearson International Airport (YYZ) to learn about scaling operations utilized in North America.