Business & Money | Thursday 26 June, 2025 2:24 pm

Witthal Gulf Industries to set up AED 40 mn plant in KEZAD

Khalifa Economic Zones Abu Dhabi (KEZAD Group) and Witthal Gulf Industries have announced the signing of a 50-year land lease agreement for the establishment of a state-of-the-art plant in Taweelah, KEZAD. Witthal Gulf Industries will invest AED 40 million for the project that will establish...

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Business & Money | Thursday 26 June, 2025 2:22 pm

Instant access to Etihad Credit Bureau credit report, score via DubaiNow

Etihad Credit Bureau, the federal entity that provides comprehensive credit information and analytics to support informed financial decisions, announced its collaboration with DubaiNow, the pioneering Dubai Government application offering access to more than 300 integrated government and private...

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Business & Money | Thursday 26 June, 2025 2:17 pm

KEZAD, StockSpace, Axione Development to establish AED50m warehouse

Khalifa Economic Zones Abu Dhabi – KEZAD Group has announced the signing of a 50-year land lease agreement with Grade A warehouse operator StockSpace and project master developer Axione Development to establish a state-of-the-art Grade A warehouse facility in KEZAD Area A (KEZAD Al...

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Business & Money | Thursday 26 June, 2025 2:08 pm

Etihad Credit Insurance announces AED 174 million funding for SME growth in partnership with four leading banks

Etihad Credit Insurance (ECI), the UAE’s federal export credit company, announced the impact of its ‘Xport Xponential’ programme, which has helped raise AED 174 million in funding to support the growth of SMEs, during the closing ceremony of the programme. The working capital was raised with...

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Business & Money | Thursday 26 June, 2025 2:01 pm

UAE among elite global economies with strong & stable sovereign ratings from top three international credit rating agencies

The United Arab Emirates (UAE) Ministry of Finance announced that the world’s top three credit rating agencies – Fitch Ratings (Fitch), S&P Global (S&P), and Moody’s Investors Service (Moody’s) – have assigned sovereign credit rating for the United Arab Emirates. This step...

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Business & Money | Thursday 26 June, 2025 1:59 pm

UAE, China explore opportunities to strengthen cooperation in energy, renewables, industry, infrastructure

Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, Managing Director and Group CEO of ADNOC, and Chairman of Masdar, conducted a working visit to the People’s Republic of China, where he met with senior Chinese government officials as well as top executives from leading...

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Business & Money | Thursday 26 June, 2025 1:53 pm

ADFD, GCCIA sign AED752 million agreement to expand GCC power grid connectivity with UAE

Abu Dhabi Fund for Development (ADFD) has signed a financing agreement with the Gulf Cooperation Council Interconnection Authority (GCCIA) to support the expansion of the GCC power grid interconnection with the UAE’s national grid. Valued at AED752 million (US$205 million), the agreement...

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Business & Money | Thursday 26 June, 2025 1:51 pm

Masar OKs Dinar Financial’s acquisition of SAR 235M land plots

Shareholders of Umm Al Qura for Development and Construction Co. (Masar) approved the transactions and contracts concluded in 2024 with Dinar Financial Co., its subsidiaries, or affiliated investment funds, during the extraordinary general meeting (EGM) held on June 25. In a statement to...

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Business & Money | Thursday 26 June, 2025 1:48 pm

Dar Al Arkan completes SAR 2.8B USD-denominated sukuk issuance

Dar Al Arkan Real Estate Development Co. successfully completed its 14th sukuk issuance, marking the company's 10th tranche under its USD-denominated sukuk issuance program worth SAR 2.8 billion ($750 million).The order book for the sukuk was opened and closed on June 25, the company said in a...

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Tourism & Hospitality | Wednesday 25 June, 2025 11:53 am

From Skyline Views to Butler Service, Here’s Why Al Habtoor City’s Suites Are Worth the Hype

Al Habtoor City invites guests to indulge in an unforgettable escape in the heart of Dubai, where three iconic hotels—Al Habtoor Palace Dubai, Hilton Dubai Al Habtoor City, and V Hotel Dubai, Curio Collection by Hilton—offer an array of stunning suites tailored for every type of traveller....

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