Business & Money | Tuesday 2 September, 2025 9:51 am

Azizi Developments extends partnership with Finpower Aircon L.L.C for advanced HVAC solutions

Azizi Developments, a leading private developer in the UAE, has announced its partnership extension with Finpower Aircon L.L.C, a prominent UAE-based HVAC solutions provider. Under the renewed agreement, Finpower will supply Fresh Air Handling Units (FAHUs) and Fan Coil Units (FCUs) across all of...

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Business & Money | Tuesday 2 September, 2025 9:44 am

DIFC Courts launches new Mediation Service Centre and Notary Service to expand support for UAE businesses and residents

The Dubai International Financial Centre (DIFC) Courts has today announced the launch of a new suite of ancillary services, including a Mediation Service Centre and a Notary Service. This development follows the issuance of Dubai Law No. (2) in March 2025 by His Highness Sheikh Mohammed...

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Business & Money | Tuesday 2 September, 2025 9:42 am

DUBAI REAL ESTATE RECORDS AED 51.1 BILLION AUGUST SALES

The Dubai real estate market recorded property sales worth AED51.1 billion in August, a 7.9% increase on the same month last year, with the total number of transactions rising 15.4% YoY to 18,678. A market update issued today by fäm Properties reveals that apartment sales worth AED30.2...

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Business & Money | Tuesday 2 September, 2025 8:56 am

Mouwasat OKs SAR 1.4B projects to build AlAhsa hospital, expand Qatif, Riyadh hospitals

Mouwasat Medical Services Co.'s board of directors approved the project of establishing the company's new hospital in AlAhsa, as well as the expansion of its hospital in Qatif and hospital in Riyadh, at a total value of SAR 1.38 billion. AlAhsa hospital will be built with a capacity of 200...

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Business & Money | Tuesday 2 September, 2025 8:45 am

LEEJAM CHAIRMAN WITNESSES THE PROGRESS OF 250 SAUDI TRAINEES AT SAUDI ACADEMY OF SPORTS SCIENCES

Leejam Sports Company, the owner and operator of “Fitness Time” the largest gym chain in the MENA region and a publicly  listed company on the Saudi Exchange (Tadawul), continues to play a pioneering role in developing Saudi Arabia’s sports and fitness sector by investing in the training ...

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Business & Money | Tuesday 2 September, 2025 8:41 am

Masar signs reservation agreements to sell 2 land plots at SAR 328.8M

Umm Al Qura for Development and Construction Co. (MASAR) signed on Sept. 1 two reservation agreements to sell two land plots within the Masar Destination project to Shoala Al-Wadi Real Estate Co., a special-purpose entity owned by a real estate fund managed by SEDCO Capital at a total value of ...

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Business & Money | Monday 1 September, 2025 1:22 pm

MIS signs 2 contracts worth SAR 190.9M with Health Ministry, Elm

Al Moammar Information Systems Co. (MIS) signed on Aug. 31 two contracts worth SAR 190.9 million (inclusive of VAT) with the Ministry of Health and Elm Co., according to a Tadawul filing. The 60-month project worth SAR 126.1 million signed with the Ministry of Health aims to provide...

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Business & Money | Monday 1 September, 2025 11:55 am

UAE participates in Tatarstan Petrochemical Forum

The UAE, represented by the Ministry of Energy and Infrastructure, took part in the Tatarstan Petrochemical Forum – 2025, hosted by the Republic of Tatarstan, Russia. The UAE delegation was headed by Saif Ghobash, Assistant Under-Secretary for the Petroleum, Gas and Mineral Resources Sector...

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Business & Money | Monday 1 September, 2025 11:53 am

TAQA Distribution, Aldar partner to develop sustainable, integrated communities

TAQA Distribution, a subsidiary of Abu Dhabi National Energy Company (TAQA) and Aldar have entered a strategic partnership to support the development of sustainable, integrated communities in Abu Dhabi. The agreement was signed by Omar Al Hashmi, CEO of TAQA Distribution, and Adel Abdulla...

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Business & Money | Monday 1 September, 2025 11:50 am

Borouge shareholders approve $660 million H1 2025 dividend

Borouge Plc today confirmed shareholder approval at its 29th August General Assembly Meeting for an interim dividend of $660 million, equivalent to 8.1 fils per share, reflecting strong H1 performance supported by healthy pricing premia, disciplined cost management and strategic inventory...

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