Business & Money | Thursday 31 July, 2025 12:00 pm

World Green Economy Summit opens registration for high-level activities

The World Green Economy Summit (WGES) has opened registration for its 11th edition, inviting climate experts, specialists and stakeholders to participate in high-level activities and panel discussions aimed at advancing impactful and innovative solutions to combat climate change. The summit is ...

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Business & Money | Thursday 31 July, 2025 12:00 pm

UAE's non-oil foreign trade surges in H1 2025, growing 14 times faster than global average: Al Zeyoudi

Dr Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, said that the UAE achieved historic figures in non-oil foreign trade during the first half of 2025, with a growth rate exceeding 24.5%. The total value reached over AED1.7 trillion, a rate 14 times higher than the global average of...

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Business & Money | Wednesday 30 July, 2025 12:00 pm

SRC, Bank Albilad sign mortgage portfolio deal

Saudi Real Estate Refinance Company (SRC) signed a mortgage portfolio purchase agreement with Bank Albilad to strengthen sustainability in the Kingdom’s housing finance sector and offer accessible home financing solutions to residents. The agreement deepens the existing partnership between...

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Business & Money | Wednesday 30 July, 2025 12:00 pm

Sure inks SAR 13.3M contract with NDF

Sure Global Tech Co. signed a contract with the National Development Fund (NDF) to develop and enhance digital portals and platforms, at SAR 13.3 million (including VAT), according to a statement to Tadawul. The project entails providing technical services to develop and enhance the internal...

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Business & Money | Wednesday 30 July, 2025 12:00 pm

NMDC Energy commences ops at Saudi-based manufacturing center

ADX-listed NMDC Energy, which specializes in engineering, procurement, and construction (EPC) solutions in the energy sector, kicked off operations at its manufacturing center in the Ras Al-Khair Special Economic Zone (SEZ) in Saudi Arabia. The 400,000-square-meter (sqm) center is designed to...

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Business & Money | Wednesday 30 July, 2025 12:00 pm

Noatum Maritime expands global footprint with inauguration of Shanghai office

Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, announced the official opening of its first office in Shanghai dedicated to its agency and maritime services arm – Noatum Maritime Services. The new office contributes to the Group’s international expansion...

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Business & Money | Wednesday 30 July, 2025 12:00 pm

GCAA grants approval for first national trial of autonomous baggage handling vehicles at DWC

The UAE General Civil Aviation Authority (GCAA), in close coordination with Dubai Airports and dnata, has issued the country’s first regulatory approval for the trial of autonomous baggage handling vehicles at Dubai World Central - Al Maktoum International (DWC). The approval marks a...

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Business & Money | Wednesday 30 July, 2025 12:00 pm

ADNOC Drilling posts $2.37 billion in revenues for H1

ADNOC Drilling Company announced today its financial results for the second quarter and first half of 2025, delivering record-breaking performance across revenue, EBITDA and net profit while maintaining strong momentum in shareholder returns and delivering regional expansion. The company...

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Business & Money | Wednesday 30 July, 2025 12:00 pm

ENEC, Samsung C&T Corporation sign agreement to advance global nuclear energy collaboration

The Emirates Nuclear Energy Company (ENEC) and Samsung C&T Corporation have signed a Memorandum of Understanding (MoU) to jointly evaluate and pursue opportunities in civil nuclear energy development and investment internationally. The agreement brings together ENEC’s global nuclear...

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Business & Money | Wednesday 30 July, 2025 12:00 pm

Space42, Microsoft, Esri sign MoU to enhance mapping capabilities across Africa

Space42, a UAE-based global AI-powered SpaceTech company, part of technology group G42, announced the signing of a Memorandum of Understanding (MoU) with Microsoft and Esri to deliver high-resolution, scalable base maps across all 54 African countries, serving over 1.4 billion people. Known as ...

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