Business & Money | Tuesday 29 July, 2025 12:00 pm

NMDC Energy commences fabrication at Ras Al-Khair yard, Saudi Arabia

NMDC Energy, a leading provider of engineering, procurement, and construction (EPC) services for offshore and onshore energy clients, has started fabrication at its advanced yard in Ras Al-Khair, Saudi Arabia. Strategically located within the Ras Al-Khair Special Economic Zone, the 400,000...

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Business & Money | Tuesday 29 July, 2025 12:00 pm

Abu Dhabi Fund for Development participates in groundbreaking ceremony of integrated Tourism Complex project in Salalah

Abu Dhabi Fund for Development (ADFD) has participated in the groundbreaking ceremony for the Integrated Tourism Complex project in Salalah, Oman, with a total investment of AED764.5 million, underscoring its ongoing commitment to enabling key development projects in the tourism sector. The...

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Business & Money | Tuesday 29 July, 2025 12:00 pm

More than 33.9 thousand beneficiaries from Corporate Tax Late Registration Penalty Waiver Initiative

The Federal Tax Authority (FTA) has renewed its call for Corporate Tax registrants who have not yet registered to promptly submit their registration applications, highlighting that by filing their first Tax Returns for the tax period through the “EmaraTax” digital tax services platform, thus...

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Business & Money | Tuesday 29 July, 2025 12:00 pm

Dubai Municipality, BiOD Technology sign MoU to convert waste oils into renewable biodiesel

Dubai Municipality has signed a Memorandum of Understanding (MoU) with BiOD Technology FZCO, a subsidiary of DUBAL Holding, marking a major stride toward advancing environmental sustainability and fostering a circular economy in the emirate. The agreement outlines strategic cooperation focused ...

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Business & Money | Monday 28 July, 2025 3:51 pm

Masar inks deal to sell 5 land plots for SAR 628.5M

Umm Al Qura for Development and Construction Co. (Masar) signed, on July 27, agreements to sell five land plots at the Masar Destination project in Makkah for SAR 628.46 million (excluding taxes and fees, which will be borne by the buyer). The two plots span 15,570 square meters, the company...

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Business & Money | Monday 28 July, 2025 2:36 pm

Emirati Human Resources Development Council, Azizi Developments ink MoU to boost Emiratization and train national talent in real estate sector

The Emirati Human Resources Development Council (EHRDC) in Dubai has signed a strategic Memorandum of Understanding (MoU) with Azizi Developments, marking a significant step forward in promoting Emiratization and enhancing the participation of UAE nationals in the private real estate sector. The...

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Technology & IT | Monday 28 July, 2025 2:06 pm

Last Chance to Join V5 First Pioneers Program and Experience the HONOR Magic V5

HONOR, a global leading AI device ecosystem company announces that registration for the exclusive V5 First Pioneers program is closing soon. This is the final opportunity for select users to experience the world’s thinnest and lightest inward-folding smartphone to date, the HONOR Magic V5, ahead...

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Business & Money | Monday 28 July, 2025 12:11 pm

Innovation Crew Transforms Emirates Palace in 48 Hours for BRABUS Island Launch

BRABUS Island, the first ever branded residential project by German performance brand BRABUS, made its regional debut in April with a high-speed launch at Emirates Palace. Developed by Cosmo Developments - powered by Reportage Group - the concept was unveiled at an event produced by Innovation...

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Business & Money | Monday 28 July, 2025 12:06 pm

DAE announces purchase, leaseback agreement with United for 10 Boeing 737-9 aircraft

Dubai Aerospace Enterprise (DAE) today announced that it has signed a purchase agreement with United Airlines for 10 new Boeing 737-9 aircraft and entered into long-term leases for these aircraft delivering between August 2025 and February 2026. Firoz Tarapore, Chief Executive Officer of DAE,...

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Business & Money | Monday 28 July, 2025 12:04 pm

UAE’s Calidus concludes successful participation at IDEF 2025 in Istanbul

UAE-based Calidus Holding Group has concluded its successful participation in the 17th edition of the International Defence Industry Fair (IDEF 2025), held at the Istanbul Expo Centre from 22 to 27 July, as part of the UAE National Pavilion, overseen by Tawazun Council for Defence Enablement...

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