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.
  • Turkey still intends to buy a second batch of S-400 missile defense systems from Russia, its president has said.

    The United States imposed sanctions on Turkey's Defense Industry Directorate and its chief following the acquisition of the first S-400s

    Washington has repeatedly said acquisition of this second batch would almost certainly trigger new sanctions

  • The discussions took place between the Sharjah Chamber of Commerce and Industry and the National Real Estate Committee of the...

    The meeting witnessed recommendations that centered on coordination to organize a joint real-estate event during ACRES 2022

    The two parties also discussed prospects for cooperation and bilateral partnerships in various fields in the real-estate sector

  • DUBAI: Iraq's Kurdistan is a gateway for Turkish firms to explore the wider Iraqi market, President Nechirvan Barzani said as...

    The semi-autonomous region is a gateway for Turkish firms to explore the wider Iraqi market, says president Nechirvan Barzani.

    Iraq is among Turkey's largest markets for exports, which reached $1.9 billion in 2020.

  • The event featuring concerts, theater performances, wrestling matches aims at making the Saudi capital a tourism entertainment destination.

    This year's slogan is #Imagine_More, as its events will be held in an area of 5.4 million square meters.

    The event is also an opportunity to showcase the outcome of several national goals, such as raising the level of the entertainment industry sector.

  • Auto exports to the region are likely to suffer for the next more than a year due to an estimated...

    Toyota Middle East has pledged it would do its best to avoid inconvenience to customers waiting for delivery of vehicles.

    On an average, a car needs around 1400 chips. Electric vehicles utilize even more.

  • Banking firms in the Arabian Gulf countries dominate the list of top companies in terms of market capitalization with Saudi...

    Al Rajhi Bank's market capitalization stands at $80.65 billion

    In energy sector, Saudi Aramco is much ahead of others with $1.86 trillion

  • Dubai Airshow 2021 is collaborating with global aerospace entities in order to provide 'disruptive' startups with an opportunity to showcase...

    The VISTA pitch competitions will run across three categories covering areas that are key for the continued growth of the industry

    Startups will be offered the opportunity to present their solutions to the aerospace ecosystem, tech leaders and investors

  • The results show Dubai has reinforced its status as one of the world’s fastest-growing business hubs, said Dubai crown prince...

    Imports rose by 29.3 percent YoY to AED414 billion from AED320 billion. Re-exports grew 28.3 percent YoY to AED198.6 from AED154.79.

    China maintained its position as Dubai’s biggest trading partner in H1 2021 with AED86.7 billion worth of trade compared to AED66.3 billion in H1 2020, up 30.7 percent YoY.

  • Invest in Sharjah has confirmed participation at the world’s biggest fair and announced it will host discussions and specialized activities...

    Sectors that will be promoted include culture and tourism, mobility and logistics, health and wellbeing and Greentech.

    Emirate's investor-friendly climate is reflected in six free zones and the integrated business and licensing services, said Invest in Sharjah.

  • Union Properties, the Dubai-based developer, has begun work on the construction of Motor City Hills, building three-story townhouse villas.

    The company has just signed an investment agreement with real estate firm Aqua Properties

    Motor City Hills is Union Properties’ latest project in the heart of Dubai’s Motor City