Business & Money | Tuesday 18 November, 2025 1:41 pm

Tawazun Council for Defence Enablement, Rosoboronexport sign strategic cooperation agreement in defense, security

Tawazun Council for Defence Enablement (Tawazun) and Rosoboronexport, (part of the Rostec State Corporation), have signed an MoU on the sidelines of Day One at Dubai Airshow 2025 to expand strategic cooperation in defence and security industries. The MoU was signed by Dr. Nasser Humaid Al...

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Business & Money | Tuesday 18 November, 2025 1:30 pm

Calidus, Indra sign agreement to establish first Integrated Regional Pilot Training Centre in UAE

Calidus Holding Group, one of the leading defence and manufacturing companies, and Indra Group, a world leader in information technology, aerospace, defence and mobility systems, signed a strategic teaming agreement to launch a joint partnership that will lead to the creation of a joint venture in...

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Business & Money | Tuesday 18 November, 2025 1:26 pm

Fastmarkets Middle East Iron & Steel 2025 opens in Dubai

The opening day of the 28th edition of Middle East Iron & Steel 2025 brought global attention to the major forces reshaping the iron and steel industry, as senior executives from across MENA, Europe, and Asia examined shifting trade flows, rising protectionism, and the accelerating push toward...

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Business & Money | Tuesday 18 November, 2025 1:23 pm

Abu Dhabi Infrastructure Summit showcases $55 billion in projects, partnership opportunities

The UAE–Türkiye session of the international roadshow for the Abu Dhabi Infrastructure Summit (ADIS) here showcased over $55 billion worth of major Abu Dhabi projects, highlighting the emirate’s commitment to developing an integrated, sustainable and future-ready urban infrastructure. The ...

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Business & Money | Tuesday 18 November, 2025 1:20 pm

Mohammed bin Rashid tours Dubai Airshow 2025

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, accompanied by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, today visited the exhibition area...

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Business & Money | Tuesday 18 November, 2025 1:17 pm

Honeywell, GAL sign three-year agreement to streamline defence repairs in UAE

Honeywell Aerospace Technologies today announced a three-year agreement with Global Aerospace Logistics (GAL) to accelerate and simplify repair and overhaul services for the United Arab Emirates’ Joint Aviation Command (JAC) and Air Force and Air Defence (AFAD). The agreement focuses on...

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Business & Money | Tuesday 18 November, 2025 1:01 pm

Abu Dhabi Fund for Development inaugurates 'West Coast Road' Project in Seychelles

Abu Dhabi Fund for Development (ADFD) has announced the inauguration of the “West Coast Road” project in Mahé Island, Republic of Seychelles. With a total financing of AED 86.6 million (USD 23.6 million) from the Fund, the initiative forms part of ADFD’s ongoing efforts to advance...

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Business & Money | Tuesday 18 November, 2025 12:58 pm

Tawazun announces Ministry of Defence deals worth AED3.77 billion on opening day of Dubai Airshow 2025

On the opening day of the 19th edition of the Dubai Airshow, Tawazun Council for Defence Enablement (Tawazun) - the national authority mandated to enable, regulate, and sustain the UAE’s defence and security industrial ecosystem - announced the signing of eight contracts on behalf of the Ministry ...

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Business & Money | Tuesday 18 November, 2025 12:55 pm

Masar wraps up sale of 2 land plots, books SAR 148.1M gains

Umm Al Qura for Development and Construction Co. (Masar) completed the sale of two land plots to Shulat Al-Wadi Real Estate Co., a special purpose vehicle (SPV) of a real estate fund managed by SEDCO Capital, within the Masar Destination project, for a total agreed sale value of SAR 328.8...

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Business & Money | Tuesday 18 November, 2025 12:49 pm

Retal clinches NHC contract to develop 4,839 units at SAR 5.2B

Retal Urban Development Co. was awarded on Nov. 17 a SAR 5.2 billion project by the National Housing Co. (NHC) to develop 4,839 residential units (villas/apartments) in Al Fursan Suburb, Third Area, Riyadh. The project spans a land area of approximately one million square meters, according to...

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