Business & Money | Thursday 6 November, 2025 3:38 pm

Gulf International Bank – Saudi Arabia Completes USD 500 Million International Additional Tier 1 Bond Issuance

 (“GIB Saudi Arabia”) has successfully priced a USD 500 million Additional Tier 1 (AT1) bond under its USD 1.5 billion AT1 Capital Note Programme. The proceeds will be used to strengthen the Bank’s capital base, diversify its funding sources, and advance its strategic objectives in...

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Business & Money | Thursday 6 November, 2025 12:03 pm

7X, Zelostech launch AutoLogiX for autonomous transport in Middle East

7X, the trade, transport, and logistics group, launched ‘Autologix Smarttech LLC (AutoLogiX), a joint venture established with Zelostech, a leading global company specialising in autonomous vehicle technologies. This venture lays the foundation for an integrated logistics ecosystem, which...

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Business & Money | Thursday 6 November, 2025 12:01 pm

Sharjah, Arab-Portuguese chambers of commerce & industry discuss expanding trade, investment cooperation

The Sharjah Chamber of Commerce and Industry (SCCI) held a high-level meeting with a delegation from the Arab-Portuguese Chamber of Commerce and Industry (CCIAP) to discuss strengthening trade and investment links between the business communities of Sharjah and Portugal. The discussions focused on...

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Business & Money | Thursday 6 November, 2025 12:00 pm

Noatum Maritime, Bapco Upstream sign five-year agreement for marine services at Bahrain LNG Terminal

Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, today announced it has been awarded a five-year contract by Bapco Upstream, to provide marine services at the Bahrain LNG Import Terminal (BLNG). Bapco Upstream is a subsidiary of the Bapco Energies Group, the integrated...

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Business & Money | Thursday 6 November, 2025 11:12 am

DCT Abu Dhabi, Amadeus unveil next-gen collaboration to drive tourism growth

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) announced the continuation and expansion of its successful partnership with Amadeus, a leading travel technology provider. Unveiled at World Travel Market (WTM) London, this renewed collaboration through Amadeus Digital Media...

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Business & Money | Thursday 6 November, 2025 11:05 am

ADNOC L&S to join MSCI Emerging Markets Index

ADNOC Logistics & Services plc (ADNOC L&S) today announced its inclusion in the MSCI Emerging Markets Index, a leading benchmark for institutional investors tracking large and mid-cap companies across 24 emerging market countries. The inclusion is effective from 25th November...

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Business & Money | Thursday 6 November, 2025 11:03 am

Abu Dhabi Chamber signs agreement with 1X Technologies to advance AI, robotics innovation in industrial, energy sectors

The Abu Dhabi Chamber has signed a landmark agreement with 1X Technologies, Inc., marking a significant step in its ongoing mission to stimulate private sector growth and attract global partnerships that drive industrial transformation. The agreement was signed by His Excellency Shamis Ali Khalfan...

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Business & Money | Thursday 6 November, 2025 10:56 am

SAL to kick off construction work in Riyadh project within 60 days: CEO

Omar Hariri, CEO of SAL Saudi Logistics Services Co., said that the company has begun receiving the land for the Falcon City project in northern Riyadh, with infrastructure works set to begin within 60 days. The first phase in the project will be completed by 2027, with the entire project...

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Business & Money | Thursday 6 November, 2025 10:53 am

MOMAH outlines financial rewards system for whistleblowers of municipal violations

The Ministry of Municipalities and Housing (MOMAH) clarified the mechanism for granting financial rewards to whistleblowers of violations of the municipal penalties' regulation. This is part of MOMAH’s integrated regulatory framework that is aimed at empowering the local municipal sector,...

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Business & Money | Thursday 6 November, 2025 10:43 am

Dubai Holding and Palantir launch Aither: A joint venture to lead AI transformation

Dubai Holding, a diversified global investment company with investments in more than 30 countries, and Palantir Technologies, a global leader in operational artificial intelligence platforms, have announced a strategic agreement to establish a joint venture (JV) - Palantir’s first in the UAE ...

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