Business & Money | Thursday 3 July, 2025 1:59 pm

AWJ Real Estate and Seef Properties Join Forces to Launch a SAR 1.5 Billion Mixed-Use Destination in Riyadh

AWJ Real Estate has announced the signing of a strategic Memorandum of Understanding with Seef Properties, one of the leading real estate development companies in the Kingdom of Bahrain, to jointly develop a mixed-use destination in Riyadh. The project will be part of a broader series of...

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Business & Money | Thursday 3 July, 2025 11:24 am

WSM inks SAR 17.5M contract for consultation, digital services

WSM for Information Technology Co. signed, on July 2, a contract with the Business Strategies Office for Management Consulting at a total value of SAR 17.5 million to provide consultation and digital services, according to a statement on Tadawul. The contract duration is 12 months and is...

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Business & Money | Thursday 3 July, 2025 11:23 am

UAE’s Top Employers Honoured at Employee Happiness Awards 2025 — Culture Over Perks, Say Winners

The third edition of the Employee Happiness Awards was held last week at the Westin Dubai Mina Seyahi, honouring companies across the UAE that have built thoughtful, reliable frameworks to support employee well-being, culture, leadership, and inclusion. Hosted by Eventyst Global, this year’s ...

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Business & Money | Thursday 3 July, 2025 9:50 am

Archer conducts test flights for Midnight electric vertical take-off, landing air taxi services in Abu Dhabi

In line with the Smart and Autonomous Systems Council (SASC) strategy to advance smart aerial mobility solutions, and in collaboration with Abu Dhabi Investment Office (ADIO), Archer Aviation has conducted test flights of its Midnight electric vertical take-off and landing (eVTOL) air taxi services ...

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Business & Money | Thursday 3 July, 2025 9:48 am

ADX partners with HSBC, FAB to launch MENA’s first digital bond

Abu Dhabi Securities Exchange (ADX) has announced the commencement of the pricing stage as the initial step toward listing the first-ever, distributed ledger technology (DLT)-based bond in the region. Issued by First Abu Dhabi Bank (FAB) using HSBC Orion, a market-leading digital assets...

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Business & Money | Thursday 3 July, 2025 9:46 am

First cycle of Next-Gen Family Businesses Training Programme launched

The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, has launched the first 2025 cycle of its world-class Next-Gen Family Businesses Training Programme. The transformative leadership experience is designed to empower the next generation of family...

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Business & Money | Thursday 3 July, 2025 9:45 am

G42 accelerates procurement efficiency by 40% with new AI-powered tool from Inception

G42, the Abu Dhabi-based global technology group, has announced the release and implementation of a new cutting-edge procurement optimisation tool developed by its portfolio company, Inception. The new AI-powered platform, (In)Business Procurement, will deliver results, reduce sourcing and...

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Business & Money | Thursday 3 July, 2025 9:43 am

Federal Tax Authority holds workshop on Corporate Tax for Family Foundations

The Federal Tax Authority (FTA) hosted a workshop in Abu Dhabi to shed light on Corporate Tax rules for Family Foundations and the conditions needed to categorise an entity as a Family Foundation under Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses “Corporate Tax ...

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Business & Money | Thursday 3 July, 2025 9:40 am

MoEI organises first customer council on mortgage release procedure after loan repayment

The Ministry of Energy and Infrastructure (MoEI) organised its first customer council meeting dedicated to discussing the mortgage release procedure after loan repayment. The meeting aimed to enhance transparency, improve service efficiency, and gather feedback from beneficiaries. This...

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Business & Money | Thursday 3 July, 2025 9:32 am

AD Ports Group, Ningbo Zhoushan Port Group to establish automotive logistics ecosystem

AD Ports Group and Zhejiang Provincial Seaport Investment & Operation Group Co., Ltd. (Ningbo Zhoushan Port Group), one of China’s largest and most dynamic port operators, have entered into a preliminary strategic agreement to establish a comprehensive automotive logistics ecosystem...

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