Business & Money | Sunday 3 August, 2025 8:00 am

Dubai Duty Free July 2025 sales surpass AED638 million

Dubai Duty Free (DDF) delivered a standout performance for the month of July, posting sales of AED638.8 million (US$175 million) for the month and year-to-date sales of AED4.734 billion (US$1.30 billion), which is 5.86 percent up on the same period last year. This monthly milestone surpasses...

More Details

Business & Money | Sunday 3 August, 2025 8:00 am

Ras Al Khaimah Tourism sector hits record 654,000 visitors in H1 2025

Ras Al Khaimah Tourism Development Authority (RAKTDA) has reported record-breaking performance for the first half of 2025, with over 654,000 visitor arrivals, marking a 6 percent year-on-year increase, alongside a 9 percent rise in tourism revenues. Raki Phillips, CEO of RAKTDA, said the...

More Details

Business & Money | Sunday 3 August, 2025 8:00 am

Abu Dhabi’s hotel sector hit AED682 million in revenues during May

Hotel establishments in Abu Dhabi continued their positive performance in May 2025, driven by higher occupancy rates and an increasing number of international guests. The sector recorded total revenues of AED682 million, reflecting the sustained growth of the emirate’s tourism and...

More Details

Business & Money | Sunday 3 August, 2025 8:00 am

AD Ports Group, Egypt’s Ministry of Petroleum, TCM sign MoU to explore joint operation, development of strategic crude oil storage facilities

AD Ports Group, a leading global enabler of trade, logistics, and industry; Egypt’s Ministry of Petroleum & Mineral Resources; and TCM Project Management, a Dubai based LLC company; today signed a Memorandum of Understanding (MoU) to explore joint operation and development of Egypt’s...

More Details

Business & Money | Sunday 3 August, 2025 8:00 am

IHC,RIQ announce strategic 10-year alliance anchored by over USD 500 million in reinsurance premiums

RIQ, the AI-native reinsurance platform purpose-built for the future of global risk transfer, has entered into a preferred reinsurance partnership with IHC, anchored by a targeted allocation of over USD 500 million in risk coverage within the coming decade. Based in Abu Dhabi Global Market and ...

More Details

Business & Money | Sunday 3 August, 2025 8:00 am

AMEA Power joins second phase of Agadir desalination project in Morocco

AMEA Power, one of the fastest-growing renewable energy companies in the region, announced its entry into the second phase of the Agadir desalination project in Morocco. The facility will be powered by AMEA Power’s 150 MW wind project in Laayoune, which is being co-developed with...

More Details

Business & Money | Sunday 3 August, 2025 8:00 am

UAE cementing its leadership in maritime sector through high-impact local projects

The UAE continues to solidify its position as a leading maritime power and a global model in the maritime sector through pioneering initiatives and projects that place sustainability at the core of its development policies. It was among the first countries to adopt integrated policies for marine...

More Details

Business & Money | Sunday 3 August, 2025 8:00 am

Mohammed bin Rashid boards Etihad Rail passenger train for journey between Dubai, Fujairah ahead of commercial launch in 2026

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, reviewed the progress of Etihad Rail and embarked on a passenger train journey between Dubai and Fujairah. The visit reflects his commitment to personally overseeing strategic infrastructure...

More Details

Business & Money | Thursday 31 July, 2025 3:01 pm

SAP’s AI-powered copilot, Joule, deployed at Red Sea Global

Global technology company SAP and Saudi real estate developer Red Sea Global (RSG) have marked a new phase in their strategic partnership with the successful deployment of SAP’s AI-powered copilot, Joule, across human capital management functions. The rollout represents a significant step in...

More Details

Business & Money | Thursday 31 July, 2025 1:00 pm

ADFD participates in inauguration of Jordan Digital Health Centre

In the presence of His Royal Highness Prince Al Hussein bin Abdullah II, Crown Prince of the Hashemite Kingdom of Jordan, Abu Dhabi Fund for Development (ADFD), represented by Mohammed Saif Al Suwaidi, Director General, participated in the official inauguration of the Jordan Digital Health Centre,...

More Details