Business & Money | Wednesday 6 August, 2025 9:41 am

Tam Development bags SAR 38M contract from government entity

Tam Development Co., listed on the Nomu- Parallel Market, announced that it was awarded, on August 5, a contract by a government entity for a total value of SAR 38 million, according to a statement to Tadawul. Under the contract, the company will provide digital and operational solutions...

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Business & Money | Wednesday 6 August, 2025 8:47 am

Dubai Centre for Family Businesses introduces three advisory services

The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, has launched three new specialised advisory services to support the sustainable growth of family businesses. The initiative aims to strengthen the governance of family-owned enterprises operating in...

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Business & Money | Wednesday 6 August, 2025 8:45 am

Dubai Airshow 2025 launches future-facing conference programme to drive global aerospace innovation

Dubai Airshow 2025 has announced the agenda for its accompanying conference programme, designed to stimulate ideas, address industry transformations, and accelerate progress across the aviation, space, and defence sectors. The conference will take place from 17th to 21st November at the Dubai...

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Business & Money | Wednesday 6 August, 2025 8:25 am

DIB reports AED3.7 bn in net profit for H1/25

Dubai Islamic Bank (DIB) showcased another robust performance in the first half of 2025, with operating revenue of AED 6.4 billion, driving a 16% YoY increase in pre-tax profit to AED 4.3 billion. Double-digit growth in financing and deposits, coupled with improved asset quality, underpinned...

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Business & Money | Wednesday 6 August, 2025 8:23 am

AD Ports Group opens Islamabad office, expanding its strategic presence in Pakistan

AD Ports Group officially launched its first representative office in Islamabad, the capital of Pakistan, marking a significant milestone in the Group’s international growth journey and its long-term commitment to enabling trade and logistics across South and Central Asia. Complimenting the...

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Business & Money | Wednesday 6 August, 2025 8:14 am

UAE participates in 3rd UN Conference on Landlocked Developing Countries in Turkmenistan

Suhail bin Mohammed Faraj Al Mazrouei, Minister of Energy and Infrastructure and Special Envoy of the Minister of Foreign Affairs to Turkmenistan, led the UAE delegation participating in the Third United Nations Conference on Landlocked Developing Countries, which opened on 5th August in Awaza,...

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Tourism & Hospitality | Wednesday 6 August, 2025 8:07 am

As 60% of UAE travellers rely on AI to plan trips, human connection remains vital

Travel technology is transforming the industry globally, changing the way travellers plan, book, and experience their journeys. According to a recent report by Tourism Economics on behalf of Arabian Travel Market (ATM), 60% of travellers in the UAE trust Artificial Intelligence (AI) to plan every...

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Business & Money | Wednesday 6 August, 2025 8:04 am

Tarabut Secures In-Principle Approval from the Central Bank of the UAE, Marking a Milestone for Embedded Finance and Financial Inclusion

(BUSINESS WIRE/AETOSWire)-- Tarabut, MENA’s leading open banking and embedded finance platform, has received in-principle approval from the Central Bank of the United Arab Emirates (CBUAE) following the introduction of the UAE’s Open Finance regulation. This milestone positions Tarabut at...

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Business & Money | Tuesday 5 August, 2025 5:40 pm

Step-by-Step Guide on How to Invest in Mutual Funds for Beginners

Mutual funds are becoming a popular way to invest in the UAE. They offer long-term growth without the need to manage stocks on your own. Recent data shows that the Abu Dhabi Global Market (ADGM) saw a 226% rise in assets under management in just six months. This reflects growing interest in...

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Business & Money | Tuesday 5 August, 2025 11:03 am

ACWA Power wins 2 solar projects in Morocco

ACWA Power Co. won contracts to develop the Noor Midelt II and Noor Midelt III solar photovoltaic (PV) projects in Morocco, following a request for proposals (RFP) issued by the Moroccan Agency for Sustainable Energy (Masen), in collaboration with public and private sector partners. Each...

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