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.

SRTI Park launches Advanced Industry Accelerator 2.0

SRTI Park launches Sharjah Advanced Industry Accelerator 2.0 (SAIA) to boost the diversification of the national industrial base.
  • The accelerator programme will provided local and regional start-ups with innovative solutions and strong support system within the thriving SRTI Park ecosystem
  • SAIA 2.0 is also in line with the UAE’s industrial strategy 'Operation 300bn', a 10-year comprehensive policy aimed at empowering and expanding the industrial sector

The Sharjah Research, Technology and Innovation Park (SRTI Park) recently launched Sharjah Advanced Industry Accelerator 2.0 (SAIA) to boost the diversification of the national industrial base.

The accelerator programme will provide local and regional start-ups with innovative solutions and strong support system within the thriving SRTI Park ecosystem.

SAIA 2.0 is also in line with the UAE’s industrial strategy ‘Operation 300bn’, a 10-year comprehensive policy aimed at empowering and expanding the industrial sector to become the driving force of a sustainable national economy, increasing its contribution to the GDP.

“SAIA will focus on supporting early and growth stage start-ups to scale up in the UAE and MENA region, thereby further supporting UAE’s goal to attract world-class talent and innovation,” Hussain Al Mahmoudi, CEO of SRTI Park, said. 

“SAIA is also in line with UAE’s Unified Industrial Brand Identity, ‘Make It in the Emirates’, an integrated industrial system that leverages advanced technologies and Fourth Industrial Revolution solutions to contribute to building a sustainable, knowledge-based economy,” he added.

SAIA 2.0 is geared to transform Sharjah into a test bed of advanced technologies in research, manufacturing sector, including petrochemicals, plastics, metals, food, agriculture, water, and healthcare, space, biotech, medi-tech, pharmaceuticals, clean and renewable energy.  The program also involves hydrogen production, machinery and equipment, rubber and plastic and electronics and electrical gadgets.