Business & Money | Thursday 15 May, 2025 8:00 am

DEWA announces record quarterly revenue of AED 5.96 billion and quarterly Cash from Operations of AED 3.85 billion

Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, listed on the Dubai Financial Market (DFM), reported its first quarter 2025 consolidated financial results, recording quarterly revenue of AED...

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Business & Money | Thursday 15 May, 2025 8:00 am

RAKEZ–Ana Concierge partnership brings premium relocation and lifestyle solutions in Ras Al Khaimah

Ras Al Khaimah Economic Zone (RAKEZ) recently entered into a partnership with Ana Concierge Services to provide its business community with seamless access to premium, personalised concierge solutions. The partnership was finalised through a signing ceremony at Compass Coworking Centre by RAKEZ VAS ...

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Business & Money | Thursday 15 May, 2025 8:00 am

Saudia’s AlFursan Loyalty Program Earns Triple Honors at the 2025 Freddie Awards

Saudia, the national flag carrier of Saudi Arabia, has achieved significant recognition at the 2025 Freddie Awards, with its AlFursan Loyalty Program earning three major accolades. The program was honored with “Best Elite Program – Airline Category”, “Best Promotion” and “Best Loyalty...

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Business & Money | Thursday 15 May, 2025 8:00 am

SADAFCO Participation in Saudi Food Show 2025 in Riyadh

Saudia Dairy & Foodstuff Company (SADAFCO), a leading manufacturer and distributor of high-quality dairy and food products, is participating in the Saudi Food Show 2025, held from May 12–14 at the Riyadh Front Exhibition & Conference Centre. SADAFCO will welcome visitors at Booth...

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Business & Money | Thursday 15 May, 2025 8:00 am

Dubai Customs empowers Emirati talent through Masar 33 at National Service Career Fair

Dubai Customs is participating in the National Service Career Fair 2025, taking place from May 12 to 14 at the Dubai Exhibition Center in Expo City Dubai. The aim is to attract national service recruits and graduates and provide them with access to high-impact training programs and specialized...

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Business & Money | Thursday 15 May, 2025 8:00 am

du launches GPU-as-a-Service to accelerate computing for UAE Government and enterprises

du, the leading telecom and digital services provider, today announced the launch of GPU-as-a-Service (GPUaaS) for government entities and large enterprises in UAE enabling AI computing power to drive greater efficiencies to accelerate growth and innovation. It will provide public and private...

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Business & Money | Wednesday 14 May, 2025 2:09 pm

Ministry of Finance organises AI Retreat to launch new plan, enhance future readiness

The Ministry of Finance (MoF) has organised a retreat on Artificial Intelligence (AI), bringing together senior ministry leaders, subject matter experts, and representatives from strategic partners to review the results of the AI maturity assessment and launch the ministry's new AI plan. The...

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Business & Money | Wednesday 14 May, 2025 2:07 pm

Maktoum bin Mohammed meets with Minister of Finance of Luxembourg

H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, today met with Gilles Roth, Minister of Finance of Luxembourg. The meeting took place at the offices of the Investment Corporation of Dubai (ICD) in One...

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Business & Money | Wednesday 14 May, 2025 2:05 pm

SRERD, 'Emirates Islamic’ activate electronic mortgage services

The Sharjah Real Estate Registration Department (SRERD) signed a memorandum of cooperation with Emirates Islamic bank to activate a direct electronic link between the two parties. This step is part of the department's strategy to digitize its services and enhance the efficiency of real estate...

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Business & Money | Wednesday 14 May, 2025 2:03 pm

ADNOC Gas joins MSCI Emerging Markets Index

ADNOC Gas plc and its subsidiaries today announced that its shares have been selected for inclusion in the MSCI Emerging Markets Index after successfully meeting the MSCI’s established eligibility criteria. The inclusion will take effect on 2nd June 2025. The MSCI Emerging Markets Index...

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