Business & Money | Wednesday 12 March, 2025 1:14 pm

World renowned visionary futurist K D Adamson takes top keynote at Seatrade Maritime Logistics ME

World renowned global futurist, K D Adamson, will take top keynote billing at Seatrade Maritime Logistics Middle East 2025 this coming May, which takes place during UAE Maritime Week, under the patronage of the UAE Ministry of Energy and Infrastructure, over 6-8th May 2025. Opening the...

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Business & Money | Wednesday 12 March, 2025 12:08 pm

Amlak renews SAR 1.06B credit facility agreement with SAIB

Amlak International Finance Co. renewed today, March 11, its Shariah-compliant credit facility agreement with The Saudi Investment Bank (SAIB), at SAR 1.06 billion. In a statement to Tadawul, the company said the one-year financing aims to support its operations and step up its lending...

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Business & Money | Wednesday 12 March, 2025 11:59 am

Tawuniya obtains Insurance Authority approval on product

The Company for Cooperative Insurance (Tawuniya) received, on March 11, the final approval from the Insurance Authority (IA) to market and sell its new insurance product “warranty & indemnity insurance” to group clients in Saudi Arabia. In a statement to Tadawul, the insurer said...

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Business & Money | Wednesday 12 March, 2025 11:54 am

Tadweeer purchases production lines for SAR 29.4M

National Environmental Recycling Co. (Tadweeer) completed on March 11 the purchase of production lines worth SAR 29.38 million for its factories in Riyadh from European companies specialized in the manufacturing of recycling lines. In a Tadawul statement, the company said the deal includes...

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Business & Money | Wednesday 12 March, 2025 11:52 am

Positive energy, pragmatic actions needed to drive global growth, rise of AI: Dr. Sultan Al Jaber

Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, Chairman of Masdar and Executive Chairman of XRG, today said that positive energy and pragmatic actions were needed to drive global growth and power the rise of artificial...

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Business & Money | Wednesday 12 March, 2025 11:36 am

Dubai’s luxury transport sector records 44 percent growth in 2024

Dubai’s luxury transport sector recorded a 44 percent increase in trips in 2024, reaching 43,443,678 compared to 30,219,821 in 2023. This sector has marked a record growth, the highest in recent years for the luxury transport sector via e-hail. This growth in the luxury transport sector and...

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Business & Money | Wednesday 12 March, 2025 11:33 am

TAQA Water Solutions to develop major water project in Uzbekistan

TAQA Water Solutions has signed a Memorandum of Agreement (MoA) with the New Tashkent City Directorate to explore the development of a 65km raw water transmission pipeline and a cutting-edge water treatment plant in New Tashkent City, Uzbekistan. This agreement marks TAQA Water Solutions'...

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Business & Money | Wednesday 12 March, 2025 11:31 am

AIM Congress to host roundtables addressing global investment trends, challenges

The 14th edition of AIM Congress, set to take place from 7th to 9th April 2025 at the Abu Dhabi National Exhibition Centre, will feature high-level roundtable discussions tackling the most pressing global investment challenges. AIM Congress 2025 held under the theme "Mapping the Future of...

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Business & Money | Wednesday 12 March, 2025 11:26 am

Dubai Chambers Board of Directors discusses strategic direction, future initiatives

The Dubai Chambers Board of Directors, chaired by Sultan bin Saeed Al Mansoori, held a brainstorming session yesterday with the participation of Board Members from the three chambers operating under the umbrella of Dubai Chambers – Dubai Chamber of Commerce, Dubai Chamber of Digital Economy, and...

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Business & Money | Wednesday 12 March, 2025 11:21 am

Al Jouf Cement signs deal with SEC’s unit as part of LFDP

Al Jouf Cement Co. signed today, March 11, an engineering, procurement, and construction (EPC) contract with the National Electricity Transmission Co. (National Grid SA), a subsidiary of the Saudi Electricity Co. (SEC), to build a power transmission station. The new station will provide...

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