Business & Money | Thursday 13 November, 2025 3:21 pm

TAQA reports AED6.1 billion net income for first nine months of 2025

Abu Dhabi National Energy Company (TAQA) today announced its financial results for the nine-month period ending 30th September, 2025, reporting Group revenues of AED42.7 billion, a 2.9 percent increase compared to the same period last year, primarily driven by higher pass-through revenue in the...

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Business & Money | Thursday 13 November, 2025 3:18 pm

Emirates Businesswomen Council participates in 7th GCC Businesswomen Forum in Doha

The Emirates Businesswomen Council (EBWC) participated with a delegation of 30 businesswomen in the 7th GCC Businesswomen Forum, hosted by the State of Qatar on 12th and 13th November under the theme "Entrepreneurship and Sustainable Investment". The event was organised by the Federation of...

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Business & Money | Thursday 13 November, 2025 3:16 pm

Dubai Business Forum – USA participants praise its New York edition

Company officials participating in the Dubai Business Forum – USA in New York said the event provides an important platform to enhance trade and investment relations between companies operating from the UAE and their counterparts in the United States. They noted that the forum, held as part...

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Business & Money | Thursday 13 November, 2025 3:14 pm

Abu Dhabi Airports Awarded Mandate to Deliver Emirate-Wide Vertiport Network

Abu Dhabi Airports has been awarded a landmark mandate to lead the development of the infrastructure, operations and commercial readiness for a strategic network of vertiports, reinforcing the emirate’s position as a global leader for advanced air mobility. This mandate marks the beginning...

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Business & Money | Thursday 13 November, 2025 2:52 pm

Al Tamimi & Company Advises Global Infrastructure Partners on Landmark US$11 Billion Investment in Saudi Arabia’s Jafurah Gas Processing Facilities

 Al Tamimi & Company has advised Global Infrastructure Partners (GIP), a BlackRock investment fund, on its acquisition of a 49% interest in the Jafurah gas processing facilities in Saudi Arabia from Aramco, through an investment in Jafurah Midstream Gas Company. The transaction, valued at...

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Business & Money | Thursday 13 November, 2025 2:25 pm

GACA signs MoU with Joby Aviation to speed up air taxi certification

Joby Aviation, a New York Stock Exchange (NYSE)-listed company developing electric air taxis, signed a memorandum of understanding (MoU) with Saudi Arabia’s General Authority of Civil Aviation (GACA) to accelerate the certification and rollout of air taxis in the Kingdom. In a statement, the ...

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Business & Money | Thursday 13 November, 2025 2:23 pm

EIF launches Riyadh Shooting Range development with investment exceeding SAR 491M

The Events Investment Fund (EIF) launched the Riyadh Shooting Range and Entertainment Complex, its first major development project, with an investment exceeding SAR 491 million (over $131 million). Located 40 minutes from Riyadh in Qiddiya, the Kingdom’s new global entertainment hub, the...

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Business & Money | Wednesday 12 November, 2025 4:13 pm

DATE 2025 to spotlight the region’s most powerful tech voices and ventures

MadinatJumeirah will host DATE — a Digitization, AI & Emerging Technology Summit, where technology meets investment and deals take shape. An initiative by Trescon, D DATE will bring together government leaders, global innovators, investors, and technology visionaries to explore how emerging...

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Business & Money | Wednesday 12 November, 2025 2:31 pm

Steel powers MENA’s $3 trillion industrial transformation as global leaders gather at Fastmarkets Middle East Iron & Steel in Dubai

Amid an unprecedented industrial transformation, steel remains the foundation of MENA’s next growth chapter. With over $3 trillion in active and planned projects and annual regional steel consumption forecast to surpass 65 million tonnes by 2027, the region is cementing its position as a driving...

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Business & Money | Wednesday 12 November, 2025 2:24 pm

Azizi Developments’ Azizi Grand reaches 67% construction milestone

Azizi Developments, a leading private developer in the UAE, has announced that construction at Azizi Grand in Dubai Sports City has now reached 67%. The 431-unit project remains on track for its Q1 2026 completion. The structure is now complete, with blockwork at 97% and internal plastering at ...

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