Business & Money | Wednesday 30 July, 2025 12:00 pm

NMDC Energy commences ops at Saudi-based manufacturing center

ADX-listed NMDC Energy, which specializes in engineering, procurement, and construction (EPC) solutions in the energy sector, kicked off operations at its manufacturing center in the Ras Al-Khair Special Economic Zone (SEZ) in Saudi Arabia. The 400,000-square-meter (sqm) center is designed to...

More Details

Business & Money | Wednesday 30 July, 2025 12:00 pm

Noatum Maritime expands global footprint with inauguration of Shanghai office

Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, announced the official opening of its first office in Shanghai dedicated to its agency and maritime services arm – Noatum Maritime Services. The new office contributes to the Group’s international expansion...

More Details

Business & Money | Wednesday 30 July, 2025 12:00 pm

GCAA grants approval for first national trial of autonomous baggage handling vehicles at DWC

The UAE General Civil Aviation Authority (GCAA), in close coordination with Dubai Airports and dnata, has issued the country’s first regulatory approval for the trial of autonomous baggage handling vehicles at Dubai World Central - Al Maktoum International (DWC). The approval marks a...

More Details

Business & Money | Wednesday 30 July, 2025 12:00 pm

ADNOC Drilling posts $2.37 billion in revenues for H1

ADNOC Drilling Company announced today its financial results for the second quarter and first half of 2025, delivering record-breaking performance across revenue, EBITDA and net profit while maintaining strong momentum in shareholder returns and delivering regional expansion. The company...

More Details

Business & Money | Wednesday 30 July, 2025 12:00 pm

ENEC, Samsung C&T Corporation sign agreement to advance global nuclear energy collaboration

The Emirates Nuclear Energy Company (ENEC) and Samsung C&T Corporation have signed a Memorandum of Understanding (MoU) to jointly evaluate and pursue opportunities in civil nuclear energy development and investment internationally. The agreement brings together ENEC’s global nuclear...

More Details

Business & Money | Wednesday 30 July, 2025 12:00 pm

Space42, Microsoft, Esri sign MoU to enhance mapping capabilities across Africa

Space42, a UAE-based global AI-powered SpaceTech company, part of technology group G42, announced the signing of a Memorandum of Understanding (MoU) with Microsoft and Esri to deliver high-resolution, scalable base maps across all 54 African countries, serving over 1.4 billion people. Known as ...

More Details

Business & Money | Wednesday 30 July, 2025 12:00 pm

World Free Zones Organisation to host its 12th World Congress in Panama City next year

The World Free Zones Organisation (World FZO) announced the signing of a Memorandum of Understanding (MoU) with the government of Panama to host the 12th annual World FZO’s World Congress in the country’s capital, Panama City, in July 2026. The MoU was signed by Dr. Mohammed Al Zarooni,...

More Details

Business & Money | Wednesday 30 July, 2025 12:00 pm

Ministry of Finance organises first ‘Customer Council’ under ‘Zero Government Bureaucracy’ programme

The Ministry of Finance has launched the first Customer Council under the second phase of the Zero Government Bureaucracy programme, reinforcing its commitment to transparency, innovation and efficiency in public service delivery. The programme supports national efforts to eliminate redundant...

More Details

Business & Money | Tuesday 29 July, 2025 12:00 pm

Dubai Municipality, BiOD Technology sign MoU to convert waste oils into renewable biodiesel

Dubai Municipality has signed a Memorandum of Understanding (MoU) with BiOD Technology FZCO, a subsidiary of DUBAL Holding, marking a major stride toward advancing environmental sustainability and fostering a circular economy in the emirate. The agreement outlines strategic cooperation focused ...

More Details

Business & Money | Tuesday 29 July, 2025 12:00 pm

More than 33.9 thousand beneficiaries from Corporate Tax Late Registration Penalty Waiver Initiative

The Federal Tax Authority (FTA) has renewed its call for Corporate Tax registrants who have not yet registered to promptly submit their registration applications, highlighting that by filing their first Tax Returns for the tax period through the “EmaraTax” digital tax services platform, thus...

More Details