Search Site

Trends banner

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Shurooq picks acting COO

The Sharjah Investment and Development Authority, also known as Shurooq, has chosen a new acting Chief Operating Officer (COO). Official website
  • Al Qaseer is expected to continue the concerted efforts to achieve Shurooq’s vision of developing world-class projects
  • The new acting COO is also expected to bolster efforts to drive national and foreign investments into the emirate

The Sharjah Investment and Development Authority, also known as Shurooq, has announced through its official Twitter handle that it has chosen a new acting Chief Operating Officer (COO).

It said on the social-media platform that it has appointed Ahmed Obaid Al Qaseer to the post.

Shurooq has appointed has appointed Ahmed Obaid Al Qaseer as acting COO. Twitter

In his new role, Al Qaseer is expected to continue the ongoing concerted efforts to achieve Shurooq’s vision of developing world-class projects.

He is also expected to bolster efforts to drive national and foreign investments into the emirate.

Al Qaseer will also reportedly oversee the management and operational execution of all multi-sectoral projects under Shurooq’s portfolio.

This will include the authority’s tourist and heritage destinations across Sharjah.

Al Qaseer has reportedly made formidable contributions in fulfilling the goals of Shurooq’s plans and projects.

He is said to have facilitated the growth of businesses across sectors, in addition to strengthening Sharjah’s status as a key investment, tourist, and trade destination in the region.