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.

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.