INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

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.

DP World and Saudi Ports Authority to give Jeddah Islamic Port a makeover

The project will contribute to transforming Jeddah into a major international trade and logistics center.
  • The development work will be carried out in four phases, with the project scheduled to be completed by 2024
  • It includes improvements that will enable the terminal to serve five ships simultaneously and deal with the largest container ships

Dubai Ports World and Saudi Ports Authority (Mawani) have come together to expand the capacity of Jeddah Islamic Port.

The  work will be carried out in four phases, with the project scheduled to be completed by 2024.

It includes improvements that will enable the terminal to serve five ships simultaneously and deal with the largest container ships operating today and in the future, with a load of up to 26,000 TEUs.

This project is part of the new commercial attribution contract that Mawani signed with DP World in December 2019 for a period of thirty years.

The project will contribute to transforming Jeddah into a major international trade and logistics center.