Business & Money | Thursday 6 March, 2025 2:31 pm

Aramco mulls bid for BP’s Castrol lubricant assets: Report

Saudi Arabian Oil Co. (Saudi Aramco) is considering a potential bid to acquire BP’s lubricants assets, including those operating under the Castrol brand, Bloomberg reported, citing sources. Discussions are still in the early stages, with Aramco evaluating whether to make an offer for part or ...

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Business & Money | Thursday 6 March, 2025 2:24 pm

stc Group Increases Connectivity Speed in the Two Holy Mosques By Over 120%

stc Group, Saudi Arabia’s leading digital enabler, is enabling world-class connectivity for millions of pilgrims and visitors during Ramadan with its expanded 5G network, increasing network infrastructure to accommodate over 120% faster download speeds. stc Group’s network analytics...

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Business & Money | Thursday 6 March, 2025 2:20 pm

NADEC, Hilton Foods to set up JV for red meat processing

National Agricultural Development Co. (NADEC) signed an agreement with UK-based Hilton Foods Ltd., to establish a joint venture (JV) - a limited liability company - in which NADEC will hold a 51% stake. In a statement to Tadawul, NADEC said that the shareholders' agreement includes several...

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Business & Money | Thursday 6 March, 2025 2:18 pm

DWTC partners with Informa Group to create first-of-its-kind global MICE powerhouse

Dubai World Trade Centre and Informa Group, today announced a strategic venture to create a truly global powerhouse in Exhibitions and Event Management, operating out of the Middle East - South Asia - Africa regions. This partnership between two commercial equals with highly complementary...

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Government | Thursday 6 March, 2025 2:15 pm

Dubai Customs Thwarts Smuggling of 10.8 Million Counterfeit Items in 54 Seizures during 2024

Dubai Customs has effectively countered intellectual property rights violations, working to protect both the community and the economy from the harm caused by counterfeit goods. This effort also strengthens Dubai’s investment environment by enabling producers to avoid losses resulting from brand...

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Business & Money | Thursday 6 March, 2025 2:11 pm

RAKEZ honours top achievers in Health, Safety, and Environment at prestigious awards ceremony

Ras Al Khaimah Economic Zone (RAKEZ) celebrated the exceptional dedication and achievements of companies within the economic zone at the annual HS&E Excellence Awards and Nujoom Al Salama Programme. This prestigious event honoured companies that have maintained high standards of health, safety, ...

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Business & Money | Thursday 6 March, 2025 2:10 pm

KeyMavens Launches Montage, Dubai’s First Urban Residential Resort in Al Jaddaf

KeyMavens Real Estate Development and Engel & Völkers Middle East announce the launch of Montage, Dubai’s first urban residential resort. This visionary development in Al Jaddaf is designed to provide an unparalleled lifestyle, seamlessly integrating cutting-edge design with transformative...

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Business & Money | Thursday 6 March, 2025 2:09 pm

Tabreed Successfully Issues USD 700 Million, Inaugural Green Sukuk

Tabreed, the world’s leading district cooling company, has announced today the successful raising of USD 700 million via an inaugural, five-year green sukuk – the first issuance under its new USD 1.5 billion trust certificate issuance programme. The new sukuk will be listed and traded on London ...

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Business & Money | Thursday 6 March, 2025 2:06 pm

PayTabs Group Strengthens its Commitment to Egypt’s Digital Payments Ecosystem with Full Ownership of PayTabs Egypt

PayTabs Group, MENA's award-winning payment orchestration powerhouse today announced the successful acquisition of majority stake in PayTabs Egypt, solidifying its commitment to driving digital transformation and financial inclusion across Egypt. This strategic move marks a pivotal milestone...

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Culture & Education | Thursday 6 March, 2025 2:05 pm

Dubai Culture Receives ISO 42001:2023 in AI Management Systems

Dubai Culture and Arts Authority (Dubai Culture) has received the ISO 42001:2023 certification in Artificial Intelligence Management Systems, becoming the first government entity in Dubai and the only cultural and arts institution globally to achieve this recognition through LRQA. This milestone...

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