Business & Money | Tuesday 26 August, 2025 11:09 am

DEWA inaugurates Project Management Training Centre

Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has inaugurated the ‘Project Management Training Centre’ at the DEWA Campus for Occupational and Academic Development in Al Hudaiba. The training centre is accredited by the Project Management Institute...

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Business & Money | Tuesday 26 August, 2025 11:06 am

UAE’s first quantum-secure communications testbed launched in Abu Dhabi

ADGM, ADGM Academy (ADGMA), Technology Innovation Institute (TII), Hub71, and ASPIRE — have jointly launched the nation’s first Testbed for quantum-secure communications, marking a significant step toward future-proofing digital infrastructure. The initiative will explore ways to transfer...

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Business & Money | Tuesday 26 August, 2025 11:04 am

Al Zeyoudi: UAE-Angola CEPA will contribute to increasing bilateral trade to $10 billion annually by 2033

Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, affirmed that the Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and the Republic of Angola expands the UAE’s ties with Sub-Saharan and West African markets — a high-growth region seeking to...

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Business & Money | Tuesday 26 August, 2025 11:01 am

AD Ports Group expands Angola operations

AD Ports Group today announced the signing of an agreement to develop a digital Single Logistics Trade Window solution for Angola’s trade regulator - Agência Reguladora de Certificação de Carga e Logística de Angola (ARCCLA), and the purchase of 30 new trucks and 45 new trailers with an...

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Business & Money | Tuesday 26 August, 2025 10:31 am

Saudi Industrial Series to accelerate sector growth supporting Saudi Arabia’s Vision 2030 goals to double industrial GDP

As Saudi Arabia accelerates its transformation into a global industrial hub, dmg events, a leading international events organizer, announced the launch of Saudi Industrial Series, co-located with the second edition of Saudi Wood Expo, as part of their continued expansion, supporting the region’s...

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Business & Money | Tuesday 26 August, 2025 9:50 am

Knowledge Economic City secures SAR 305M loan from Riyad Bank

Knowledge Economic City (KEC) secured Shariah-compliant financing of SAR 305 million from Riyad Bank, the company said in a filing to Tadawul today, Aug. 26. The facility will be utilized for the execution of the remaining residential component of Al-Alya project, with a loan tenure of four...

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Business & Money | Tuesday 26 August, 2025 9:00 am

Riyadh Metro welcomes 100M passengers in less than 9 months

The Riyadh Metro, overseen by the Royal Commission for Riyadh City, has welcomed 100 million passengers in less than nine months since the project’s launch in early December 2024. According to the commission, ridership on the Blue Line (Olaya Corridor) reached about 46.5 million since...

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Business & Money | Monday 25 August, 2025 12:41 pm

'EMSTEEL' delivers first hydrogen-based rebar to 'Aldar'

EMSTEEL has delivered hydrogen-based rebar for the construction of Abu Dhabi’s first net-zero carbon mosque in Sustainable City, Yas Island. This marks a regional first, as Aldar becomes the inaugural developer in the MENA region to use low-emissions hydrogen-based steel. The rebar,...

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Business & Money | Monday 25 August, 2025 12:39 pm

E-commerce accounts for 29% of retail payments: Al-Kassabi

E-commerce made up 29% of total consumer retail payments in 2024, with more than 87 million shipments recorded, according to Minister of Commerce Majid Al-Kassabi. Speaking at a meeting with business leaders, entrepreneurs, and investors in the Aseer region, Al-Kassabi highlighted that the...

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Business & Money | Monday 25 August, 2025 11:12 am

Saudi Arabia hosts 1,900 food factories with SAR 88B investments: Industry Ministry

The Ministry of Industry and Mineral Resources said that Saudi Arabia hosts a robust food manufacturing base, comprising over 1,900 food factories with total investments exceeding SAR 88 billion. The Kingdom eyes attracting additional investments of SAR 78 billion by 2035, focusing on...

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