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.

UAE launches Arab world’s first ever lunar rover, will land in April 2023

It lifted off on board a Space X Falcon 9 rocket from Space Launch Complex 40. (WAM)
  • The UAE became the first Arab country and the fourth country globally to land on the lunar surface after the United States, Soviet Union, and China.
  • The Mohammed Bin Rashid Space Centre (MBRSC) said once launched, the integrated spacecraft will take a low-energy route to the moon.

Dubai, UAE – The Arab world’s first lunar rover successfully took off to space on Sunday. The UAE-built Rashid Rover is the first Emirati mission to the surface of the Moon.

It lifted off on board a Space X Falcon 9 rocket from Space Launch Complex 40 at Cape Canaveral Space Force Station, Florida, US.

The UAE became the first Arab country and the fourth country globally to land on the lunar surface after the United States, Soviet Union, and China.

The Mohammed Bin Rashid Space Centre (MBRSC) said once launched, the integrated spacecraft will take a low-energy route to the moon.

It is in contrast to a direct approach, which means the landing will take about five months after launch, in April 2023.