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.

Sharjah unveils new tourism rest house project in Khor Fakkan

    • The project has been built on an area of 10,250 sq m

    • It includes a restaurant, green spaces, and playing areas for children

    Sharjah ruler Sheikh Sultan bin Muhammad Al Qasimi has announced the opening of the emirate’s latest tourism project, said local reports on Friday, July 16.

    The project is called the Al Suhub Rest Area, and is located 600 m above sea level in Khor Fakkan, said the reports.

    The Al Suhub Rest Area has reportedly been built on an area of 10,250 sq m. The new tourism development reportedly consists of two floors with a total area of 2,788 sq m.

    The ground floor includes a restaurant and a cafe that can accommodate 88 visitors in the inner hall and 48 in the outer balcony.

    The basement contains a multipurpose hall, separate prayer rooms for men and women, toilets, and service and administrative facilities, said the reports.

    It is said to have several green spaces, where 8,700 trees have been planted. There is also apparently a dedicated playing area, measuring 541 sq m, for children.

    The road leading to the project is 6.5 km long and reportedly includes two lanes, one for ascent and the other for descent.