Business & Money | Sunday 22 June, 2025 7:41 am

MBRSG hosts fifth round of Public Administration Forum

The Mohammed Bin Rashid School of Government (MBRSG) today hosted the fifth Public Administration Forum under the theme “Strategic Horizons: The UAE Economic Diplomacy Report 2024–2025 – Advancing Policy, Trade, and Global Partnerships Through Evidence-Based Insights”. Held at the...

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Business & Money | Sunday 22 June, 2025 7:39 am

National Maritime Navigation Centre to strengthen UAE’s leadership in maritime sector

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, highlighted that the Cabinet’s decision to establish the National Maritime Navigation Centre reflects the UAE’s strategic vision for developing an integrated sustainable and innovative maritime ecosystem and reinforcing the ...

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Business & Money | Sunday 22 June, 2025 7:37 am

Gross banks’ assets up by 1.9% to AED4,719.4 billion at end of March: CBUAE

The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 0.4%, from AED982.4 billion at the end of February 2025 to AED986.2 billion at the end of March 2025. The increase was due to AED5.1 billion growth in currency in circulation outside banks, overriding...

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Business & Money | Sunday 22 June, 2025 7:35 am

China’s Foton mulls commercial vehicle plant in Saudi Arabia

The Ministry of Investment signed a four-party memorandum of understanding (MoU) with the Industrial Center, China’s Foton Motor, and Petromin to explore the establishment of an integrated commercial vehicle manufacturing plant in Saudi Arabia.In a post on its official account on X, the ...

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Business & Money | Sunday 22 June, 2025 7:13 am

Aldar generates more than AED3.5 billion in sales at Fahid Island during launch week

Aldar today announced it has generated over AED3.5 billion in sales at Fahid Beach Residences and The Beach House, the island’s first residential developments released during launch week. The Fahid Island homes attracted a diverse pool of buyers, drawn by the island’s position as Abu...

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Business & Money | Sunday 22 June, 2025 7:11 am

Nama, SIECO ink SAR 200M deal to acquire stake in JANA

Nama Chemicals Co. and Saudi Industrial Export Co. (SIECO) announced today, the signing of a binding agreement between Nama Chemicals, Jubail Chemical Industries Co. (JANA), Nama subsdiary, FAAD Partners Financial Co. (FAAD Partners), licensed by the Capital Market Authority (CMA) under number ...

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Business & Money | Sunday 22 June, 2025 7:09 am

Arabian Travel Market underscores the vital role of Asia Pacific in the future of tourism as international travel is set to reach US$2.5 trillion by 2029

The Asia-Pacific (APAC) region is poised for significant tourism growth, with spending on international travel forecast to hit US$2.5 trillion and domestic travel to reach US$4.3 trillion by 2029, according to the latest data from Euromonitor International.  Outbound travel from APAC is...

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Business & Money | Thursday 19 June, 2025 8:36 am

ADF OKs SAR 2.7B in loans

Saudi Arabia’s Agricultural Development Fund (ADF) approved over SAR 2.7 billion ($720 million) in financing and credit facilities across the Kingdom, the board announced following its second meeting for 2025, the Saudi Press Agency (SPA) reported. Approvals included a mix of development...

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Business & Money | Thursday 19 June, 2025 8:35 am

DFSA launches public consultation on draft 'Principles for Climate Transition Planning'

The Dubai Financial Services Authority (DFSA), together with other members of the UAE Sustainable Finance Working Group (SFWG), has today launched a public consultation on draft “Principles for Climate Transition Planning” (the Principles). This marks a further step in the SFWG’s ongoing ...

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Business & Money | Thursday 19 June, 2025 8:33 am

Preparations underway for ACRES 2026 in Sharjah

Preparations are in full swing for the Sharjah Real Estate Exhibition, ACRES 2026, which will take place from 21st to 24th January, 2026. The event is drawing strong interest from government and private sector stakeholders across Sharjah’s real estate landscape. In advance of the exhibition, ...

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