11 Safar 1447 - 5 August 2025
    
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Eye of Dubai

ADES subsidiary to acquire Shelf Drilling for SAR 1.4B
Business & Money | Tuesday 5 August, 2025 10:55 am
ADES International Holding Ltd., a subsidiary of ADES Holding Co., signed an agreement to acquire all issued and outstanding shares of Shelf Drilling Ltd. through a cash merger governed by the laws of the Cayman Islands, under which Shelf Drilling will remain a surviving entity. In a statement ...
MAJRA: 300 companies complete Impact Declaration through Sustainable Impact Digital Portal
Business & Money | Tuesday 5 August, 2025 10:53 am
MAJRA – National CSR Fund announced that nearly 300 companies have successfully completed the mandatory Impact Declaration through the Sustainable Impact Digital Portal. This milestone marks a significant step in embedding sustainability and governance principles across the private sector...
Sharjah Chamber reports 12% membership growth in H1 2025
Business & Money | Tuesday 5 August, 2025 10:48 am
The Sharjah Chamber of Commerce and Industry (SCCI) recorded a strong performance and significant growth across key metrics during the first half of 2025, reporting more than 37,000 new memberships and membership renewals, marking a growth of over 12 percent compared to the same period in 2024,...
GCG Enterprise Solutions Partners with Egnyte to Deliver Secure File Collaboration and Governance Across the Region
Business & Money | Tuesday 5 August, 2025 10:45 am
GCG Enterprise Solutions, a leader in digital transformation and secure content services is excited to announce its strategic partnership with Egnyte - the U.S.-based leader in secure content collaboration, intelligence, and governance. This collaboration brings to the region a unified platform...
Deloitte Middle East Launches ME Tax Pulse: A Mobile App for Smarter, Real-Time Tax Intelligence, with an AI powered assistant
Business & Money | Tuesday 5 August, 2025 10:42 am
 Deloitte Middle East today announced the launch of ME Tax Pulse, a next-generation mobile application designed to deliver timely, relevant, and region-specific tax insights to professionals across the Middle East. ME Tax Pulse brings together real-time regulatory updates, expert...
PwC Middle East’s ‘Future Ready MENA’ report, calls for investment in entrepreneurial skills to unlock youth potential
Business & Money | Tuesday 5 August, 2025 10:18 am
PwC Middle East has released a new report titled "Why entrepreneurial capabilities are key to empowering MENA’s youth”, spotlighting the urgent need to equip MENA’s youth with the skills, behaviours and traits that drive entrepreneurial success. The report’s framework is rooted in...
Regular Flights Between Moscow and Riyadh Officially Launched at Vnukovo International Airport
Tourism & Hospitality | Tuesday 5 August, 2025 9:59 am
Moscow, Russia — Vnukovo International Airport proudly hosted the official inauguration of the first regular direct flight connecting Moscow and Riyadh, operated by Flynas, one of the leading airlines of the Kingdom of Saudi Arabia. This milestone marks a new chapter in connectivity between...
Avalon Pharma signs EUR 3M contract to market GLP1 products
Business & Money | Tuesday 5 August, 2025 8:00 am
Middle East Pharmaceutical Industries Co. (Avalon Pharma) signed a contract worth EUR 3 million with Adalvo Limited, a global pharmaceutical company headquartered in Malta, to secure the rights for the registration and marketing their GLP 1 products for weight loss and obesity. In a...
View signs SAR 122M residential tower development contract in Riyadh
Business & Money | Tuesday 5 August, 2025 8:00 am
View United Real Estate Development Co. signed today, Aug. 5, a SAR 122 million contract to develop a residential tower in Riyadh with Yousef Al-Hazeem. In a statement to Tadawul, the company said the contract spans 30 months, starting from the issuance date of the off-plan sales...
SCA developing four legislations on carbon credits, retail Sukuk
Business & Money | Tuesday 5 August, 2025 8:00 am
Waleed Al Awadhi, CEO of the Securities and Commodities Authority (SCA), has announced that the authority is studying and preparing four regulatory projects “legislations” aimed at enhancing the competitiveness of financial markets, increasing transparency, and protecting...
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