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 Vice President forms Board of Investment Corporation of Dubai

Sheikh Mohammed bin Rashid Al Maktoum issued the new law.
  • The board will be chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai
  • Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, will serve as a Vice Chairman of the Board

Dubai, UAE – Vice President and Prime Minister of the United Arab Emirates Sheikh Mohammed bin Rashid Al Maktoum has issued decree for the formation of the Board of Directors of the Investment Corporation of Dubai (ICD), chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai.

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, will serve as a Vice Chairman of the Board.

Other members of the Board include Sheikh Ahmed bin Saeed Al Maktoum; Mohamed Hadi Al Hussaini; Reem bint Ibrahim Al Hashemy; Sultan bin Saeed Al Mansouri; Mohammed Ibrahim Al Shaibani; Abdulrahman Saleh Al Saleh; and Helal Saeed Al Marri. Meanwhile, Mohammed Ibrahim Al Shaibani will also serve as the Managing Director of ICD.