INSEAD Day 4 - 728x90

Cargo Ship

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.
  • A US official earlier said "we have indications that a missile was fired at the Maersk Gibraltar from a Houthi-controlled area of Yemen, and that it hit the water and missed the ship". The official was speaking on condition of anonymity as he was not authorised to make the statement...
  • Cargo ship grounded for a short while in Egypt’s Suez Canal

    ISMAILIA, EGYPT -  A cargo ship ran aground on Thursday in Egypt's Suez Canal before it was quickly refloated without interrupting traffic, the authority in charge of the vital waterway said. The Hong Kong-flagged Xin Hai Tong 23 bulk carrier was refloated after "a sudden malfunction of the machinery" while it...
  • An old Greek Cargo Ship attracts tourists in Saudi Arabia

    The ship was loaded with foodstuffs and sailed in 1978 from a Greek port towards the Aqaba port in Jordan, but it hit the coral reefs nearing the beach of “Bi’r al Mashi.