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.

  • The arrival of the 252-meter-long cruise ship, AIDAbella, at Dubai Harbour on Friday marked the start of the cruise season...

    The arrival of 252-meter-long cruise ship AIDAbella also marks the official debut of the region’s largest Dubai Harbour Cruise Terminal.

    Dubai’s 2021-2022 season, which commenced in October, is expected to welcome 126 ship calls and over 500,000 cruise visitors.

  • Firms linked to travel were among the worst affected as investors fretted over the possibility of more government-mandated restrictions.

    The B.1.1.529 strain has been blamed for a surge in fresh cases in South Africa and has already cropped up in Hong Kong

    The WHO is deciding decide if it should be designated a variant of ‘interest’ or of ‘concern’

  • The company has been added to key UAE and global small-cap indices.

    The decision by MSCI, one of the world’s leading index providers, raises Waha Capital’s profile amongst global institutional investors

    MSCI indexes are closely replicated by passive funds and other investment vehicles, such as mutual and exchange traded funds (ETFs)

  • The Dubai Land Department or DLD said the emirate saw a total of 1,850 real-estate transactions over the seven-day period.

    A total of 166 plots were sold for AED1.01 billion ($275 million) in the emirate over the week

    Also, 1,684 apartments and villas were sold in the same timeframe, for AED 3.83 billion ($1.04 billion)

  • Diriyah Square has been billed as an icon of DGDA projects, due to its unique attractions and luxurious modern lifestyles.

    Diriyah Square has been billed as an icon of DGDA projects, due to its unique attractions and luxurious modern lifestyles

    The project will apply timeless Najdi-inspired architecture and design principles that reflect the profoundness and antiquity of Saudi culture

  • The report also highlights that 2014 saw the launch of the first Dubai Innovation Index, which was the first-of-its-kind city...

    The report, entitled The Road to Recovery through Resilience and Innovation, examined 39 cities

    Singapore and Hong Kong maintained their first and second places on the Index respectively

  • It has set up operations in Zanzibar with $7m investment.

    dnata has signed an agreement for the operations of the newly international terminal of the Zanzibar Abeid Amani Karume International Airport

    It has said it will also create 400 new jobs at the airport

  • AD Ports Group and Turkey’s Turkiye Varlik Fonu signed a strategic partnership agreement to collaborate on major investment opportunities for...

    The partners will collaborate on major investment opportunities for port development and operations.

    The two organizations will also collaborate in establishing a joint steering committee to assess all investment opportunities.

  • The move is aimed at expanding its footprint in tourism.

    Tourism 365, the ADNEC tourism promotion business, will integrate with Etihad Holidays under the terms of the asset transfer.

    Etihad Holidays' offering will combine Etihad Airways’ product with packages in different source markets to key destinations.

  • Iraq's crude oil export revenues reached $7 billion in October, according to the Iraqi Oil Marketing Company (Somo). Local media...

    Iraqi oil ministry's said more than 96 million barrels of crude oil were exported in October.

    Most of the oil--93 million barrels--was exported from the oil fields in central and southern.