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

World Free Zones Organisation to host its 12th World Congress in Panama City next year

The World Free Zones Organisation (World FZO) announced the signing of a Memorandum of Understanding (MoU) with the government of Panama to host the 12th annual World FZO’s World Congress in the country’s capital, Panama City, in July 2026. The MoU was signed by Dr. Mohammed Al Zarooni,...

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

Ministry of Finance organises first ‘Customer Council’ under ‘Zero Government Bureaucracy’ programme

The Ministry of Finance has launched the first Customer Council under the second phase of the Zero Government Bureaucracy programme, reinforcing its commitment to transparency, innovation and efficiency in public service delivery. The programme supports national efforts to eliminate redundant...

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Business & Money | Tuesday 29 July, 2025 12:00 pm

Dubai Municipality, BiOD Technology sign MoU to convert waste oils into renewable biodiesel

Dubai Municipality has signed a Memorandum of Understanding (MoU) with BiOD Technology FZCO, a subsidiary of DUBAL Holding, marking a major stride toward advancing environmental sustainability and fostering a circular economy in the emirate. The agreement outlines strategic cooperation focused ...

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Business & Money | Tuesday 29 July, 2025 12:00 pm

More than 33.9 thousand beneficiaries from Corporate Tax Late Registration Penalty Waiver Initiative

The Federal Tax Authority (FTA) has renewed its call for Corporate Tax registrants who have not yet registered to promptly submit their registration applications, highlighting that by filing their first Tax Returns for the tax period through the “EmaraTax” digital tax services platform, thus...

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Business & Money | Tuesday 29 July, 2025 12:00 pm

Abu Dhabi Fund for Development participates in groundbreaking ceremony of integrated Tourism Complex project in Salalah

Abu Dhabi Fund for Development (ADFD) has participated in the groundbreaking ceremony for the Integrated Tourism Complex project in Salalah, Oman, with a total investment of AED764.5 million, underscoring its ongoing commitment to enabling key development projects in the tourism sector. The...

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Business & Money | Tuesday 29 July, 2025 12:00 pm

NMDC Energy commences fabrication at Ras Al-Khair yard, Saudi Arabia

NMDC Energy, a leading provider of engineering, procurement, and construction (EPC) services for offshore and onshore energy clients, has started fabrication at its advanced yard in Ras Al-Khair, Saudi Arabia. Strategically located within the Ras Al-Khair Special Economic Zone, the 400,000...

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Business & Money | Tuesday 29 July, 2025 12:00 pm

Zayed Sustainability Prize Sees Surge in Global Participation with 7,761 Entries

The UAE’s Zayed Sustainability Prize, a pioneering global award that has transformed the lives of over 400 million people, has officially closed submissions for its 2026 awards cycle. A total of 7,761 entries from 173 countries were received across the six categories of Health, Food, Energy,...

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Business & Money | Tuesday 29 July, 2025 12:00 pm

RAKEZ client session champions brand storytelling as a growth strategy

In line with its ongoing mission to support business growth through knowledge-sharing and practical support tools, Ras Al Khaimah Economic Zone (RAKEZ) recently hosted an engaging and insightful session titled ‘Don’t Just Tell It – Sell It: Brand Storytelling and Content That Converts’ at...

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Business & Money | Tuesday 29 July, 2025 12:00 pm

Arabian Drilling signs SAR 75M contract for offshore drilling operations

Arabian Drilling Co. (ADC) signed today, July 29, an international contract for offshore drilling operations with a GCC-based company at a total value of SAR 75 million. The contract will last for a period of five to seven months, ADC said in a statement to Tadawul. Operations are...

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Business & Money | Tuesday 29 July, 2025 12:00 pm

Industry Ministry issues 83 new licenses in June

The Ministry of Industry and Mineral Resources issued 83 new industrial licenses in June, while 58 new factories began production during the same month, according to the National Industrial and Mining Information Center (NIIC). The ministry said in a statement today, July 28 that investments...

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