Business & Money | Sunday 16 February, 2025 8:53 am

Masarat Mobility Park Unveils Premier Automotive and Mobility Hub in KAEC, Supporting Saudi Arabia’s Vision 2030

Masarat Mobility Park, a strategic partnership between TASARU Mobility Investments, Zamil Group Real Estate, Abdullah Ibrahim Alkhorayef Sons, and Dar Al Himmah Projects, has announced its automotive and mobility hub in King Abdullah Economic City (KAEC). This project, covering an area up to 2...

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Business & Money | Sunday 16 February, 2025 8:51 am

Foodics Acquires Solo Venture and Leads Investment Rounds in 3 Pioneering Startups to Drive Next-Gen Restaurant Success

Foodics, the leading restaurant and payments technology company in MENA, announced today that it has acquired 100% of Solo Venture, a UK-based provider of self-ordering kiosks, white-label website, and application ordering technology. This strategic acquisition underscores Foodics' commitment to...

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Business & Money | Sunday 16 February, 2025 8:49 am

NEOM Investment Fund partners with Paradromics to drive innovation in neurotechnology healthcare

NEOM, the sustainable region taking shape in northwest Saudi Arabia, has announced a strategic investment in Paradromics, Inc., a global leader in high-data rate brain-computer interface (BCI) technology. Led by NEOM’s strategic investment arm, NEOM Investment Fund (NIF), the partnership...

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Business & Money | Sunday 16 February, 2025 6:00 am

Big 5 Construct Saudi fuels Saudi Arabia’s trillion-dollar construction pipeline of projects for two weeks in Riyadh

Big 5 Construct Saudi 2025, organized by dmg events and supported by the Saudi Contractors Authority (SCA), will return for its 13th edition in a groundbreaking two-week format, making it the first-ever construction event in the Middle East to do so. Running from 15–18 and 24–27 February at the ...

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Business & Money | Saturday 15 February, 2025 2:20 pm

Etihad Airways to launch flights to Sochi

Etihad Airways announced the launch of flights to Sochi, the gateway to the north-east coast of the Black Sea.Etihad will fly three-times a week* between Zayed International Airport, Abu Dhabi (AUH) and Sochi International Airport (AER), timed to optimise a leisure break in summer or winter.The...

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Business & Money | Saturday 15 February, 2025 2:19 pm

Etihad Rail announces winners of Global Rail Innovation Award

The inaugural Global Rail Transport Infrastructure Exhibition and Conference (Global Rail), hosted by Etihad Rail, celebrated forward-thinking ideas and solutions shaping the future of mobility. Etihad Rail, the developer and operator of the UAE National Rail Network, recognised three...

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Business & Money | Saturday 15 February, 2025 2:17 pm

Tasleeh Holding to showcase cutting-edge defence innovations at IDEX 2025

Tasleeh Holding announces its participation in the International Defense Exhibition (IDEX) 2025, taking place from February 17-21 at the Abu Dhabi National Exhibition Centre. “At Tasleeh Holding, we are dedicated to shaping the future of defence and security through groundbreaking...

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Business & Money | Saturday 15 February, 2025 2:15 pm

Julphar reports net profit of AED40.5 million in 2024

Gulf Pharmaceutical Industries PJSC (Julphar), announced a net profit of AED 40.5 million for 2024, supported by sustainable growth and operational efficiency, reflecting the company’s strong performance throughout the year. Julphar recorded revenues of AED1.31 billion, achieving a 2.7%...

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Business & Money | Saturday 15 February, 2025 2:13 pm

ADNEC Group launches first global hub for developing defence strategies against CBRNE threats at IDEX, NAVDEX 2025

ADNEC Group, in collaboration with the Ministry of Defence and Tawazun Council and organised by the Chemical Defence Command of the Ministry of Defence, has launched CBRNE Hub, a new initiative at the International Defence Exhibition (IDEX) and Naval Defence and Maritime Security Exhibition...

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Business & Money | Saturday 15 February, 2025 2:11 pm

Sharjah Chamber, Côte d'Ivoire discuss strengthening trade cooperation

The Sharjah Chamber of Commerce and Industry (SCCI) received a high-level diplomatic delegation from Côte d'Ivoire to discuss ways to strengthen bilateral economic and trade relations. The discussions focused on exploring areas of joint action, facilitating reciprocal visits by businessmen...

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