Business & Money | Monday 18 May, 2026 9:45 am

TROJAN CONSTRUCTION HOLDING AND ORASCOM CONSTRUCTION FORM JOINT COMPANY “EVERWATER” TO DELIVER LARGE-SCALE WATER INFRASTRUCTURE PROJECTS ACROSS THE REGION

Trojan Construction Holding and Orascom Construction PLC (ADX and EGX: ORAS) have signed an agreement for the establishment of Everwater for Treatment Systems, a 50:50 joint company headquartered in Abu Dhabi, dedicated to delivering EPC and O&M services for large-scale water infrastructure...

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Business & Money | Monday 18 May, 2026 9:23 am

ADPIC Launches Unified Governance Framework to Accelerate Infrastructure Delivery Across Abu Dhabi

The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced a new infrastructure governance framework designed to accelerate approvals, strengthen coordination and enhance delivery across Abu Dhabi’s capital project ecosystem.  Announced during the opening day of the Abu...

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Business & Money | Monday 18 May, 2026 9:03 am

Saudi Ports Authority Exports 20,000 Tons of Urea to Bangladesh

The Saudi Ports Authority (Mawani) announced today the departure of a new export shipment totaling 20,000 tons of urea products from Yanbu Commercial Port to Bangladesh aboard the vessel COURTESY K as part of the authority’s efforts to support national exports and enhance the efficiency of the...

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Business & Money | Sunday 17 May, 2026 8:00 am

The Minister of Commerce issues a decision imposing a direct penalty on anyone who fails to perform their duty in submitting financial statements.

Saudi Arabia’s Minister of Commerce issued a decision imposing direct penalties on companies that fail to file financial statements on time, according to the official gazette. The decision classifies penalties into two categories. The first covers all company types except unlisted...

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Business & Money | Sunday 17 May, 2026 8:00 am

Dubai Chambers, CCPIT Jiangsu discuss deepening trade, investment cooperation

Dubai Chambers recently held a meeting with the China Council for the Promotion of International Trade Jiangsu Sub-Council (CCPIT Jiangsu) to discuss ways to strengthen trade and investment cooperation between Dubai and China. The meeting was attended by Mohammad Ali Rashed Lootah, President...

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Business & Money | Sunday 17 May, 2026 8:00 am

UAE President and Indian Prime Minister witness exchange and announcement of agreements and MOUs between the two countries

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Narendra Modi, Prime Minister of the Republic of India, today witnessed the exchange of several agreements and memoranda of understanding aimed at advancing cooperation between the two countries within the framework of ...

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Business & Money | Sunday 17 May, 2026 8:00 am

Hi-tech concrete products, Abu Dhabi International Pre-Cast Plant sign agreement to operate, develop precast facilities in Al Ain

Hi-Tech Concrete Products, a subsidiary of Trojan Construction Holding, has signed an agreement with Abu Dhabi International Pre-Cast Plant (ADIP) to manage and operate a group of precast production facilities in Al Ain, strengthening capabilities to support infrastructure and construction projects ...

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Business & Money | Sunday 17 May, 2026 8:00 am

Abu Dhabi Chamber launches ‘Member Privileges’ with five inaugural partnerships

The Abu Dhabi Chamber of Commerce and Industry today announced the launch of its ‘Member Privileges’ initiative through five new strategic partnership agreements with Microsoft, DHL, e& UAE, Project Management Institute, and Dubai Insurance. The agreements align with the Chamber’s...

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Business & Money | Sunday 17 May, 2026 8:00 am

Department of Energy strengthens infrastructure readiness in Abu Dhabi

The Abu Dhabi Department of Energy (DoE) signed a number of strategic agreements during the Abu Dhabi Infrastructure Summit (ADIS 2026), aimed at strengthening the integration of the Emirate’s infrastructure and enhancing the efficiency of regulatory and digital frameworks linked to essential...

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Business & Money | Sunday 17 May, 2026 8:00 am

Dubai Chambers discusses infrastructure investment with Montenegro

Dubai Chambers has welcomed a high-level delegation headed by Majda Adžović, Minister of Public Works of the Republic of Montenegro, to its headquarters for a meeting focused on enhancing investment relations between Dubai and Montenegro. The discussions highlighted a shared commitment to...

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