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.

Work starts on Egypt’s $9bn high-speed train

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  • Egypt began implementing its first high-speed train project
  • The Egyptian contracting companies are completing the preparation of the road

Work began on Egypt’s $9 billion first high-speed train project, connecting the Red Sea coast with the Mediterranean coast, across a length of 660 km, and at a cost of nearly $9 billion.

According to local media reports, the Egyptian contracting companies are completing the preparation of the road path on which the high-speed train will run, while the construction of the stations on the track are also starting.

Siemens will implement the project’s signaling and communication systems and supply the trains that will operate on it after its implementation.