24 Safar 1447 - 18 August 2025
    
Sign-up for newsletter
Eye of Dubai

Saudi Wood Expo returns to Riyadh from 1-3 September unlocking opportunities across the Kingdom’s $1 billion wood and woodworking sector
Business & Money | Monday 18 August, 2025 12:49 pm
Saudi Arabia’s booming construction sector, backed by over $1.25 trillion in planned or active projects, is fuelling a sharp rise in demand for wood and woodworking solutions across commercial and residential developments (Source: Knight Frank). With mega and giga projects such as Diriyah,...
IFZA launches new Free Zone in Panama
Business & Money | Monday 18 August, 2025 12:00 pm
IFZA, one of the world’s most dynamic and fastest-growing Free Zone communities, has announced the launch of IFZA Panama, a landmark step in its global expansion strategy. The new Free Zone in Panama City marks IFZA’s first physical presence in Latin America and reinforces its commitment...
Awqaf Dubai’s endowment shares portfolio surpasses AED9 million in H1
Business & Money | Monday 18 August, 2025 12:00 pm
The Endowments and Minors’ Trust Foundation in Dubai (Awqaf Dubai) announced that the value of its endowment shares portfolio surpassed AED9 million by the end of the first half of 2025, marking a 4.7 percent increase from the same period last year. According to a report by Awqaf Dubai’s...
UAE firm begins construction of 50 MW solar project in Central African Republic
Business & Money | Monday 18 August, 2025 12:00 pm
UAE-based Global South Utilities (GSU), a Resources Investment Company, has officially broken ground on a 50-megawatt solar photovoltaic (PV) power plant in Sakaï, Central African Republic (CAR), marking a major step forward in the country’s energy access and clean energy transition. The...
Education Interface announces success of inaugural edition of National Youth Finance Pioneers programme
Business & Money | Monday 18 August, 2025 12:00 pm
Education Interface has announced the landmark success of the inaugural edition of the National Youth Finance Pioneers (NYFP) programme, developed under its initiatives in partnership with First Abu Dhabi Bank (FAB) and with the support of the Ministry of Education (MoE), and held under the...
Masdar allocates over US$1.685 billion of green bond proceeds
Business & Money | Monday 18 August, 2025 12:00 pm
Abu Dhabi Future Energy Company PJSC (Masdar), a global clean energy leader, today published its 2024 Green Finance Report, outlining the renewable energy projects financed by Masdar’s green bond issuances and impacts achieved. More than US$1.685 billion in green bond proceeds from 2023 and...
Nakheel awards AED2.6 billion contract for Bay Villas project in Dubai
Business & Money | Monday 18 August, 2025 12:00 pm
Nakheel, a member of Dubai Holding Real Estate, has awarded a contract worth AED2.6 billion to Fibrex Contracting for the construction of the Bay Villas project at the Dubai Islands. Featuring 636 luxury units across five distinct property types, Bay Villas represents Nakheel's newest...
Gross banks’ assets reach AED4,878.3 billion at end of May 2025: CBUAE
Business & Money | Monday 18 August, 2025 12:00 pm
The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 0.4%, from AED1,011.9 billion at the end of April 2025 to AED1,015.6 billion at the end of May 2025. The increase was due to AED3.4 billion growth in monetary deposits, and AED0.3 billion increase in currency ...
HONOR Announces Pre-Orders for HONOR Magic V5 in the Saudi Market The all-new foldable sets new benchmarks in design, battery, durability, and AI innovation
Technology & IT | Sunday 17 August, 2025 3:45 pm
HONOR a global leading AI device ecosystem company has officially opened pre-orders for the much-anticipated HONOR Magic V5 across the Middle East and Africa. This announcement follows a successful regional launch event held in Dubai under the theme “Unfold New Possibilities”, which garnered...
Business & Money | Sunday 17 August, 2025 12:00 pm
Arabian Drilling Co. (ADC) extended the contracts for 11 onshore gas drilling rigs with SLB for one year. In a statement to Tadawul, the company said the extension represents 15%-20% of its 2024 revenues. All 11 rigs are currently in operation, and ADC will continue providing drilling...
ADD TO EYE OF Dubai
MOST POPULAR