INSEAD Day 4 - 728x90

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.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Sharjah Consultative Council okays emirate’s draft budget 2024

The meeting to discuss the draft was held Thursday at SCC headquarters in Sharjah as part of its first regular session. (WAM)
  • The draft was presented to the council by Sheikh Mohammed bin Saud Al Qasimi, Head of the Sharjah Finance Department for a final review and approval
  • After a final review, the council approved the draft law regarding the 2024 general budget for the Sharjah Government departments

Sharjah, UAE – The Sharjah Consultative Council approved the draft law regarding the budget of departments and entities of the Sharjah government for the fiscal year 2024 during its second meeting, local media reports said.

The meeting was held Thursday at its headquarters in Sharjah as part of its first regular session, and was chaired by Dr. Abdullah Belhaif Al Nuaimi, Chairman of the SCC.

The Council’s work began with the ratification of the first session minutes, after which it discussed the report prepared by its Financial, Economic and Industrial Affairs Committee.

The draft was presented to the council by Sheikh Mohammed bin Saud Al Qasimi, Head of the Sharjah Finance Department for a final review and approval.

It was then submitted to Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah.

Finally, the council approved the draft law regarding the 2024 general budget for the Sharjah Government departments.