Business & Money | Sunday 10 August, 2025 8:11 am

DEWA’s profit after tax hits AED2.9 billion

Dubai Electricity and Water Authority (DEWA), today reported its first half 2025 consolidated financial results, recording first half revenue of AED14.6 billion, EBITDA of AED7.0 billion, operating profit of AED3.7 billion, net profit of AED2.9 billion and cash from operations of AED9.2...

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Business & Money | Sunday 10 August, 2025 8:10 am

Etihad Rail to ‘open up new corridors for living, trade, and investment across the Emirates’

 A UAE property expert says the benefits delivered by Etihad Rail will extend far beyond real estate, creating new corridors for living, trade, and investment across the Emirates. Firas Al Msaddi, CEO of fäm Properties, believes the Etihad Rail network will transform the UAE’s economic ...

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Business & Money | Saturday 9 August, 2025 4:34 pm

Riyadh Parking: Non-paid spaces in Al-Wurud to be activated tomorrow

The Riyadh Parking project said that the managed, non-paid parking spaces within residential neighborhoods in Al-Wurud district will be activated as of tomorrow, Aug.10.   Residents of managed areas will be required to obtain permits for themselves and their visitors via the Riyadh...

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Government | Saturday 9 August, 2025 4:33 pm

REGA adopts Classification of Violations, Penalties under Real Estate Contributions Law

The Real Estate General Authority (REGA) approved a classification table for violations and penalties under the Real Estate Contributions Law and its executive regulations.   According to Umm Al-Qura gazette, the table refers four violations to the Public...

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Government | Saturday 9 August, 2025 3:16 pm

UAE, Russia sign Trade in Services & Investment Agreement during ceremony in Moscow

The United Arab Emirates and Russian Federation today signed a Trade in Services and Investment Agreement (TISIA), on the sidelines  of the visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President  of the UAE, to Moscow, where he met Russian President Vladimir Putin and...

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Business & Money | Saturday 9 August, 2025 3:10 pm

The Saudi Real Estate Refinance Company Signs a Portfolio Acquisition Agreement With Arab National Bank

The Saudi Real Estate Refinance Company (SRC), a PIF company, has signed a new agreement with Arab National Bank to acquire a real estate finance portfolio in the presence of His Excellency Majid bin Abdullah Al-Hogail, Minister of Municipalities and Housing and Chairman of the Board of the Saudi...

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Culture & Education | Saturday 9 August, 2025 3:05 pm

Soudah Development Opens Registration for the Third Cohort of Its English Language Program for the Local Community

Soudah Development, a Public Investment Fund company, chaired by HRH Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, has opened registration for the third round of its English Language Program, designed to benefit the local community in the...

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Business & Money | Saturday 9 August, 2025 3:02 pm

PCFC Launches Awareness Campaign on Safe Bunkering Operations in Dubai Ports

As part of its ongoing efforts to protect the marine environment and ensure the safety of operational processes at the ports, the Ports, Customs and Free Zone Corporation (PCFC), represented by the Dubai Ports Authority, has announced the launch of a comprehensive awareness campaign. The initiative ...

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Culture & Education | Saturday 9 August, 2025 2:56 pm

FIA President Ben Sulayem welcomes globally recognised academic in move boosting Federation’s expertise in field of environmental sustainability

 Mohammed Ben Sulayem, President of the Fédération Internationale de l'Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, has welcomed the appointment of Dr. Madeleine Orr as Visiting Professor at the FIA...

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Tourism & Hospitality | Saturday 9 August, 2025 2:51 pm

Zayed International Airport Awarded Level 3 Customer Experience Accreditation by ACI World

Zayed International Airport (AUH) has achieved Level 3 accreditation in the Airports Council International (ACI) Customer Experience Accreditation programme, a significant milestone that marks the airport’s commitment to delivering world-class guest experiences. Awarded in July 2025, the...

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