Business & Money | Tuesday 19 August, 2025 11:39 am

UAE an inspiring model in improving government performance: Arab Investors Union

Gamal Bayoumi, Secretary-General of the Arab Investors Union, affirmed that the remarkable progress achieved by the United Arab Emirates in the Government Support Index 2025 reflects the forward-looking vision of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and continues the legacy of...

More Details

Business & Money | Tuesday 19 August, 2025 11:37 am

Dubai Chamber of Digital Economy supports establishment, expansion of 308 digital startups in H1

Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has announced that it successfully supported 308 high-potential digital startups to establish and grow their businesses in the emirate during H1 2025, achieving year-over-year (YoY) growth of ...

More Details

Business & Money | Tuesday 19 August, 2025 11:34 am

UAE ranks 16th globally in ‘Government Support Index’ in IMD World Competitiveness Yearbook 2025

The United Arab Emirates has achieved another landmark milestone in its record of global leadership, advancing to 16th place worldwide in the 2025 Government Support Index, one of the key indicators featured in the International Institute for Management Development’s (IMD) World Competitiveness...

More Details

Business & Money | Tuesday 19 August, 2025 11:33 am

Nakheel awards new AED 2.6 billion contract to develop Bay Villas community at Dubai Islands

Nakheel, a member of Dubai Holding Real Estate, has awarded a contract worth AED 2.6 billion to Fibrex Contracting L.L.C. for the construction of the Bay Villas project at Dubai Islands. Featuring 636 luxury units across five distinct property types, Bay Villas represents Nakheel's newest...

More Details

Business & Money | Tuesday 19 August, 2025 10:29 am

du Pay launches 'Salary in the Digital Wallet' feature, empowering financial inclusion for the UAE workforce

 du Pay, the advanced digital financial services subsidiary of du launches the 'Salary in the Digital Wallet' (SITW) feature, a cutting-edge service that allows UAE workforce to receive their salaries directly into their digital du Pay wallets. This feature will enhance the lives of the...

More Details

Business & Money | Tuesday 19 August, 2025 10:27 am

Empower signs a contract to design its new District Cooling Plant in Dubai Science Park

 Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, has signed a contract to design a new district cooling plant at Dubai Science Park. The new plant will have a total production capacity of 47,000 Refrigeration Tons (RT) and...

More Details

Business & Money | Tuesday 19 August, 2025 10:24 am

D360 Digital Bank – The Exclusive Banking Partner of Thmanyah, the Official Broadcaster of Saudi Football

D360 Digital Bank, the first Shariah-compliant Saudi digital bank, announced its exclusive banking partnership with Thmanyah for the landmark broadcast rights of the Kingdom’s most prestigious football tournaments. This partnership positions D360 Bank as the exclusive financial partner,...

More Details

Business & Money | Monday 18 August, 2025 12:49 pm

Saudi Wood Expo returns to Riyadh from 1-3 September unlocking opportunities across the Kingdom’s $1 billion wood and woodworking sector

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,...

More Details

Business & Money | Monday 18 August, 2025 12:00 pm

Sumou wins SAR 135M project in Jeddah

Sumou Real Estate Co. was awarded a project in Obhur Al-Janoubiyah district of Jeddah by Diyar Real Estate Development Fund Co., which represents a real estate fund managed by SEDCO Capital. The project is valued at approximately SAR 135 million (excluding VAT), according to a statement...

More Details

Business & Money | Monday 18 August, 2025 12:00 pm

Tadawul to study feasibility of Damascus Stock Exchange project: Al-Falih

Saudi Investment Minister Khalid Al-Falih said the Saudi Stock Exchange (Tadawul) has launched preparations for a comprehensive feasibility study on establishing and operating a Damascus Stock Exchange. Speaking at the opening of the Saudi-Syrian roundtable, Al-Falih added that Saudi Arabia...

More Details