Business & Money | Wednesday 8 October, 2025 8:41 am

Sharjah Islamic Bank recorded net profit of AED 1.1 billion with 24% increase during first nine months

Sharjah Islamic Bank (SIB) achieved exceptional financial and operational performance across all its activities during the first nine months of 2025, with a net profit after tax of AED 1.1 billion, representing a 24% increase compared to AED 891.3 million for the same period in 2024. Remarkably,...

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Business & Money | Wednesday 8 October, 2025 8:35 am

Abu Dhabi economic delegation signs agreements to enhance trade, investment ties with United States

A high-level economic delegation from Abu Dhabi, led by the Abu Dhabi Department of Economic Development (ADDED), has signed agreements with business, financial, and advanced technology powerhouses to further enhance the strong trade and investment ties with the United States. During a 3...

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Business & Money | Wednesday 8 October, 2025 8:32 am

ROSHN signs deal with Aramco to support employees’ homeownership program

ROSHN Group, and a subsidiary of the Public Investment Fund (PIF), signed an agreement with Saudi Aramco to enable its qualified employees to purchase residential units through Aramco's homeownership program. The move aims to provide tailored offers and programs for eligible Aramco employees...

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Business & Money | Wednesday 8 October, 2025 8:30 am

REGA plans expanding rent freeze across Saudi Arabia: Official

The Real Estate General Authority (REGA) plans to carry out studies on expanding the implementation of the regulations with regard to freezing rent increase to encompass all regions across the Kingdom for five years, said Taiseer Al Mofarej, REGA's Director General of Strategic Communication and...

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Business & Money | Tuesday 7 October, 2025 4:06 pm

Entrepreneurship Programme launched to train 10,000 Emiratis in entrepreneurship skills

The Ministry of Economy and Tourism, the New Economy Academy and Ignyte, the region’s leading global digital startup and SME ecosystem platform developed by Dubai International Financial Centre (DIFC), announced the launch of the Entrepreneurship Programme, targeting Emirati...

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Business & Money | Tuesday 7 October, 2025 4:04 pm

Dubai Investments to double float glass manufacturing capacity

Dubai Investments, a leading diversified investment company listed on the Dubai Financial Market (DFM), announced that it will double the float glass manufacturing capacity at its wholly owned subsidiary Emirates Float Glass (EFG) with the introduction of a second line. The new line will...

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Business & Money | Tuesday 7 October, 2025 4:02 pm

The Edge, Subsidiary of Zinc Media Group, Opens Official Office in Riyadh

From Riyadh to the World: Amplifying the Kingdom’s Stories, UK Powerhouse Zinc Media Group Deepens Investment in Saudi Arabia’s Vision 2030 Riyadh - The Edge, the Middle East-based content creation and production company, a subsidiary of the UK’s prestigious Zinc Media Group, today...

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Business & Money | Tuesday 7 October, 2025 4:01 pm

RAKEZ recognised as a CSR leader with gold win at SHRM MENA Awards 2025

 Ras Al Khaimah Economic Zone (RAZ) has been awarded the Gold Award in Corporate Social Responsibility (CSR) at the SHRM MENA Awards 2025, a recognition of its sustained commitment to building a responsible, inclusive, and environmentally conscious business ecosystem. This award...

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Business & Money | Tuesday 7 October, 2025 3:59 pm

DEWA collaborates with several organisations to expand EV fast charging network

Dubai Electricity and Water Authority (DEWA) has signed agreement and contracts to expand the electric vehicle (EV) charging network across Dubai, as part of its EV Green Charger initiative, launched in 2014. DEWA signed the contracts and agreements with Emirates National Oil Company (ENOC), Dubai...

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Business & Money | Tuesday 7 October, 2025 3:57 pm

CSG to set up intelligent energy-saving glass plant in Abu Dhabi

Khalifa Economic Zones Abu Dhabi – KEZAD Group today announced that China Southern Glass (CSG), a global leader in energy-saving glass and advanced materials, will establish its first overseas intelligent manufacturing facility in the UAE. The project represents an investment of AED300...

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