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.
  • Abu Dhabi Health Services Company (SEHA) and Abu Dhabi Energy Services (ADES) have begun the first phase of their Energy...

    As part of the agreement, which was originally signed in September, ADES will implement key energy-saving technologies in several of SEHA’s facilities to enhance sustainability

    The strategic collaboration will mark SEHA’s commitment towards the adoption of energy-efficient modifications for its facilities

  • The Ministry of Industry and Advanced Technology (MoIAT) and Abu Dhabi’s Department of Economic Development (ADDED) will work on proposing...

    MoU part of a program aimed at redirecting above 42 percent of public-sector and select private-sector expenses towards local suppliers.

    The pact is in line with the objectives of the National Strategy for Industry and Advanced Technology, Operation 300bn.

  • The Saudi Industrial Development Fund (SIDF) has teamed up with Al Rajhi Bank to provide a documentary credit service.

    The documentary credit service enables investors to obtain the necessary liquidity to implement projects and to speed up project implementation procedures

    The fund aims at stimulating the growth of national industries through the partnership with the private sector

  • Dubai index outperformed GCC peers, following the emirate's announcement of plans to open a $545 million market-making fund and IPOs...

    As of Thursday, Abu Dhabi's main index increased by 0.1 percent, aided by a 2.4 percent increase in Alpha Abu Dhabi Holding.

    Saudi index lost for the third consecutive week and Abu Dhabi was largely stable.

  • So far more than two million visitors have marked their presence in the five-month long arts and culture festival.

    From young and old, men and women, all have trooped into the area to partake of music, sports, cars, business, agriculture, and many more events

    Live concerts featured many regional and international singers like Kazem Al Saher, Angham, Elissa and many more that can interest children, families, and youth as well

  • Under the agreement, ENOC will fuel up to 30 helicopters of Air Chateau.

    Air Chateau offers charter and transportation services to tourists, high net worth individuals and air ambulances.

    ENOC Aviation's current supply network spans over 200 airports across 21 countries.

  • Nayifat Finance Company (NFC) will start trading on Tadawul on November 22, according to a Saudi Exchange filing.

    The stock will have +/- 30 percent daily price fluctuation limits and +/- 10 percent static price fluctuation limits

    These fluctuation limits will be applied during the first three days of listing, and from the fourth trading day onwards

  • The sector leaders addressed key trends within the global precious metals industry and how to harness current opportunities.

    The sector leaders addressed key trends within the global precious metals industry and how to harness current opportunities

    The session, held under the title ‘Gold versus Bitcoin: competition or coexistence?’, highlighted bitcoin’s growing status as ‘digital gold’

  • Twelve months before the 21 November, 2022 kick-off, the Qatari capital Doha is dotted with roadworks and building sites that...

    Twelve months before the 21 November, 2022 kick-off, the Qatari capital Doha is dotted with roadworks and building sites that are causing chaos for its inhabitants

    With some Qatari infrastructure projects delayed by the pandemic, the clock is ticking more loudly than organisers might have liked

  • Airbus says the Middle East will need more than 3,000 aircraft by 2040.

    It made the prediction in its 2021 Airbus Global Market Forecast or GMF

    According to the forecast, the Middle-East region will need 3,020 new passenger and freight aircraft deliveries by 2040