Business & Money | Sunday 10 August, 2025 8:11 am

DEWA’s profit after tax hits AED2.9 billion

Dubai Electricity and Water Authority (DEWA), today reported its first half 2025 consolidated financial results, recording first half revenue of AED14.6 billion, EBITDA of AED7.0 billion, operating profit of AED3.7 billion, net profit of AED2.9 billion and cash from operations of AED9.2...

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Business & Money | Sunday 10 August, 2025 8:10 am

Etihad Rail to ‘open up new corridors for living, trade, and investment across the Emirates’

 A UAE property expert says the benefits delivered by Etihad Rail will extend far beyond real estate, creating new corridors for living, trade, and investment across the Emirates. Firas Al Msaddi, CEO of fäm Properties, believes the Etihad Rail network will transform the UAE’s economic ...

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Business & Money | Saturday 9 August, 2025 4:34 pm

Riyadh Parking: Non-paid spaces in Al-Wurud to be activated tomorrow

The Riyadh Parking project said that the managed, non-paid parking spaces within residential neighborhoods in Al-Wurud district will be activated as of tomorrow, Aug.10.   Residents of managed areas will be required to obtain permits for themselves and their visitors via the Riyadh...

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Business & Money | Saturday 9 August, 2025 3:10 pm

The Saudi Real Estate Refinance Company Signs a Portfolio Acquisition Agreement With Arab National Bank

The Saudi Real Estate Refinance Company (SRC), a PIF company, has signed a new agreement with Arab National Bank to acquire a real estate finance portfolio in the presence of His Excellency Majid bin Abdullah Al-Hogail, Minister of Municipalities and Housing and Chairman of the Board of the Saudi...

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Business & Money | Saturday 9 August, 2025 3:02 pm

PCFC Launches Awareness Campaign on Safe Bunkering Operations in Dubai Ports

As part of its ongoing efforts to protect the marine environment and ensure the safety of operational processes at the ports, the Ports, Customs and Free Zone Corporation (PCFC), represented by the Dubai Ports Authority, has announced the launch of a comprehensive awareness campaign. The initiative ...

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Business & Money | Saturday 9 August, 2025 2:42 pm

WHX Dubai and WHX Labs Dubai to combine in 2026 to form the world’s largest healthcare event

Informa has announced the launch of the world's largest healthcare event, following the decision to hold two flagship events simultaneously in 2026. From 9-13 February 2026, WHX Dubai (formerly Arab Health) and WHX Labs Dubai (previously Medlab Middle East) will bring together more than 270,000...

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Business & Money | Saturday 9 August, 2025 1:19 pm

Dubai Electricity and Water Authority PJSC reports a record AED 14.6 billion in revenue for the first half of 2025 and approves dividend payment of AED 3.1 billion

Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), today reported its first half 2025 consolidated financial results, recording first half revenue of AED...

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Business & Money | Saturday 9 August, 2025 11:00 am

Azizi Developments Enters Final Handover Phase for Remaining Buildings in Azizi Riviera, MBR City

 Azizi Developments, a leading private developer in the UAE, is proud to announce that its flagship master-planned community, Azizi Riviera in MBR City, has entered its final stage of delivery. A total of 53 out of the 75 buildings have been handed over, comprising all of phases 1, 2, and 3,...

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Business & Money | Thursday 7 August, 2025 2:09 pm

Digital coaching unveiled as game-changer in UAE’s workforce transformation at SPARK Dubai 2025

As governments and employers across the Gulf prioritise workforce development, digital coaching is becoming part of the region’s strategic infrastructure. That shift was in sharp focus at SPARK Dubai 2025 on Tuesday, where WeAce launched its new whitepaper, Powering Talent and Growth in the...

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Business & Money | Thursday 7 August, 2025 9:55 am

Jabal Omar raises land sale price in Makkah by SAR 21M

Jabal Omar Development Co. signed an addendum to the land sale agreement within its Makkah-based project with Azhar Co., which includes amending the sale price from SAR 1.14 billion to SAR 1.16 billion, an increase of SAR 21 million. According to a statement to Tadawul, the company said that...

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