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

Eastern Province unveils Global Village Project with up to SAR 650M investments

The Eastern Province Municipality announced the “Global Village Project", a major investment initiative in collaboration with a Thai investor, Saudi Press Agency (SPA) reported. Spokesman Faisal Al-Zahrani said the project combines entertainment, tourism, culture, and commerce in a modern...

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

Emerge, Misk City sign landmark solar agreement to power vision for green urban future

Emerge, the energy solutions joint venture between Masdar and EDF power solutions, has signed a long-term solar energy agreement with Misk City to deliver sustainable electricity over the next 20 years, marking a milestone in the City’s journey to becoming a model of environmental innovation and...

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Business & Money | Monday 28 July, 2025 3:51 pm

Masar inks deal to sell 5 land plots for SAR 628.5M

Umm Al Qura for Development and Construction Co. (Masar) signed, on July 27, agreements to sell five land plots at the Masar Destination project in Makkah for SAR 628.46 million (excluding taxes and fees, which will be borne by the buyer). The two plots span 15,570 square meters, the company...

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Business & Money | Monday 28 July, 2025 2:36 pm

Emirati Human Resources Development Council, Azizi Developments ink MoU to boost Emiratization and train national talent in real estate sector

The Emirati Human Resources Development Council (EHRDC) in Dubai has signed a strategic Memorandum of Understanding (MoU) with Azizi Developments, marking a significant step forward in promoting Emiratization and enhancing the participation of UAE nationals in the private real estate sector. The...

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Business & Money | Monday 28 July, 2025 12:11 pm

Innovation Crew Transforms Emirates Palace in 48 Hours for BRABUS Island Launch

BRABUS Island, the first ever branded residential project by German performance brand BRABUS, made its regional debut in April with a high-speed launch at Emirates Palace. Developed by Cosmo Developments - powered by Reportage Group - the concept was unveiled at an event produced by Innovation...

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Business & Money | Monday 28 July, 2025 12:06 pm

DAE announces purchase, leaseback agreement with United for 10 Boeing 737-9 aircraft

Dubai Aerospace Enterprise (DAE) today announced that it has signed a purchase agreement with United Airlines for 10 new Boeing 737-9 aircraft and entered into long-term leases for these aircraft delivering between August 2025 and February 2026. Firoz Tarapore, Chief Executive Officer of DAE,...

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Business & Money | Monday 28 July, 2025 12:04 pm

UAE’s Calidus concludes successful participation at IDEF 2025 in Istanbul

UAE-based Calidus Holding Group has concluded its successful participation in the 17th edition of the International Defence Industry Fair (IDEF 2025), held at the Istanbul Expo Centre from 22 to 27 July, as part of the UAE National Pavilion, overseen by Tawazun Council for Defence Enablement...

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