Business & Money | Thursday 24 July, 2025 11:34 am

Arada awards AED678 million contract to build Armani Beach Residences

Arada has awarded the main construction contract for the ultra-luxury Armani Beach Residences at Palm Jumeirah to a subsidiary of global construction giant China Railway Group Ltd (CREC). Valued at AED678 million, the contract will result in the development of the landmark project by the end...

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Business & Money | Thursday 24 July, 2025 11:26 am

SIB signs agreement with Alawneh Exchange to strengthen financial connectivity between UAE, Jordan

Sharjah Islamic Bank (SIB) has announced the signing of a strategic cooperation agreement with Alawneh Exchange, one of the largest exchange companies in the Hashemite Kingdom of Jordan. This milestone agreement marks a significant step in enhancing regional partnerships and advancing...

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Business & Money | Thursday 24 July, 2025 11:24 am

Sharjah real estate transactions surge 48.1% to AED27 billion in H1 2025

Sharjah’s real estate sector recorded AED27 billion in transactions during the first half of 2025, a 48.1 percent increase from AED18.2 billion in the same period last year. Additionally, the number of transactions carried out by the Sharjah Real Estate Registration Department reached...

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Business & Money | Wednesday 23 July, 2025 3:50 pm

DP World mobilises $1 billion to boost trade flow

DP World Trade Finance has mobilised over US$1 billion in working capital for businesses across emerging markets, helping close the global trade finance gap and keep goods moving through some of the world’s most challenging economic environments. This milestone was achieved through a...

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Business & Money | Wednesday 23 July, 2025 3:41 pm

Ecuadorian President receives UAE Accountability Authority President

President Daniel Noboa of the Republic of Ecuador received Humaid Obaid Abushibs, President of the UAE Accountability Authority, as part of an official visit by a UAE delegation aimed at strengthening cooperation and exchanging expertise in the fields of oversight, integrity, and...

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Business & Money | Wednesday 23 July, 2025 3:34 pm

Transport Minister launches trial phase of autonomous vehicles

Minister of Transport and Logistics Services and Chairman of the Transport General Authority (TGA) Saleh Al-Jasser launched today the initial pilot phase of autonomous vehicles in Riyadh.The autonomous vehicles will operate in this phase within a real-world environment, covering King Khalid...

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Business & Money | Wednesday 23 July, 2025 3:31 pm

SGH achieves remarkable milestone: Five hospitals granted 5-star rating by Newsweek’s Global Hospital Rating

Saudi German Health (SGH), a leading healthcare group in the Middle East and North Africa (MENA) region, has reinforced its industry leadership with five of its hospitals in Saudi Arabia earning five-star ratings in Newsweek’s Global Hospital Rating. The hospitals in Riyadh, Makkah, Madinah,...

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Business & Money | Wednesday 23 July, 2025 2:35 pm

NWC completes 2 water line and network projects in Al Bayan District, Riyadh at SR 101+ million

The National Water Company (NWC) announced the completion of two water pipeline and network projects in the Al Bayan district in eastern Riyadh at a cost of over 101 million Saudi riyals. The two projects will supply drinking water to more than 64,000 inhabitants of the district and include the...

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Business & Money | Wednesday 23 July, 2025 2:31 pm

Global Trade & Supply Chain Summit to Discuss Innovating in an Era of Shocks and Shifts

The global trading system has shattered, as long-held certainties over rules, alliances and norms are jettisoned. New trade relations and commercial routes are being established. What might the future look like, who wins and loses—and what can companies do to prepare?   Join...

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Business & Money | Wednesday 23 July, 2025 2:25 pm

ABU DHABI SECURITIES EXCHANGE (ADX) SIGNS MOU WITH BUDAPEST STOCK EXCHANGE (BSE) FOR STRATEGIC PARTNERSHIP AND COLLABORATION

The Abu Dhabi Securities Exchange (ADX), one of the fastest-growing and leading exchanges in the Middle East, and the Budapest Stock Exchange (BSE), the second-largest exchange in Central and Eastern Europe, signed a Memorandum of Understanding (MOU) to collaborate on a number of key...

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