Business & Money | Thursday 18 September, 2025 1:57 pm

40 entities join second UAE-Japan Joint Business Council Meeting in Tokyo

More than 40 Emirati and Japanese companies took part in the second UAE-Japan Joint Business Council Meeting in Tokyo, seeking to expand cooperation across manufacturing, renewable energy, real estate, healthcare, trade, IT and agriculture. The meeting, organised by the Federation of UAE...

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Business & Money | Thursday 18 September, 2025 1:55 pm

Amazon opens 1st fulfilment centre in Abu Dhabi

Amazon has launched its first fulfilment centre in Abu Dhabi, in partnership with the Abu Dhabi Investment Office (ADIO). The new facility is designed to advance logistics and fulfilment capabilities, accelerate delivery speeds and broaden product selection for customers. It also supports Abu...

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Business & Money | Thursday 18 September, 2025 1:43 pm

ADX, Hong Kong Exchanges and Clearing Limited enhance collaboration

The Abu Dhabi Securities Exchange (ADX) today signed a Memorandum of Understanding with Hong Kong Exchanges and Clearing Limited (HKEX) to deepen the cooperation and shared ambition between the UAE and Hong Kong capital markets. The MoU builds on the relationship between the two exchanges...

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Business & Money | Thursday 18 September, 2025 1:40 pm

Abu Dhabi Chamber signs strategic cooperation agreement with Ghorfa Arab-German Chamber of Commerce and Industry

The Abu Dhabi Chamber of Commerce and Industry has signed a landmark cooperation agreement with the Ghorfa Arab-German Chamber of Commerce and Industry, during its official delegation’s visit to Berlin. The agreement sets the stage for stronger economic and investment collaboration between...

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Business & Money | Thursday 18 September, 2025 1:38 pm

Dubai joins forces with Plug and Play to launch accelerator connecting startups with corporate innovation

The Dubai Department of Economy and Tourism (DET) and the Dubai Chamber of Digital Economy have partnered with global innovation leader Plug and Play to launch a flagship three-month accelerator programme. Now open for applications, the programme is designed for ambitious post-revenue startups ...

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Business & Money | Thursday 18 September, 2025 11:48 am

Dubai’s National Industries Park secures over AED 1 billion in new projects in 2025

National Industries Park (NIP), DP World’s industrial hub in Dubai, has secured more than AED 1 billion in new projects so far this year, underlining strong investor confidence in the emirate’s growing industrial base. Between January and September, NIP leased over 7 million square feet of ...

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Business & Money | Thursday 18 September, 2025 11:41 am

Tadweeer partners with China’s Chery to set up aluminum smelter in Saudi: CEO

National Environmental Recycling Co. (Tadweeer) signed an agreement with Chinese automobile manufacturer Chery to establish an aluminum smelter in Saudi Arabia with an annual production capacity of 50,000 tons, said CEO Nasser Aldueb. In an interview with Al Arabiya TV, the CEO added that the...

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Business & Money | Thursday 18 September, 2025 11:38 am

Adeer auctions Wahat Jeddah land for SAR 707.3M

Adeer Real Estate Co. announced the successful marketing and sale of the Wahat Jeddah, land owned by Baitek Real Estate Co., through the public auction held in Jeddah on Sept. 17. The total sale value reached SAR 707.25 million (excluding VAT). According to Adeer’s statement on Tadawul, the...

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Business & Money | Thursday 18 September, 2025 11:29 am

PIF acquires 54% of MBC Group for SAR 7.5B

MBC Group Co. announced that the Public Investment Fund (PIF) completed the acquisition of a 54% stake in the MENA’s leading media company for SAR 7.47 billion.   All required paperwork was finalized by the Kingdom’s sovereign wealth fund, MBC Group said in a statement to...

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Business & Money | Thursday 18 September, 2025 11:26 am

Aramco completes $3B international sukuk issuance

Saudi Arabian Oil Co. (Saudi Aramco) completed the issuance of $ 3 billion international sukuk under SA Global Sukuk Limited’s Trust Certificate Issuance Program, the company said in a statement to Tadawul. Issuance DetailsTypeUS dollar-denominated, direct, unsubordinated, unsecured and...

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