Technology & IT | Sunday 6 April, 2025 2:06 pm

Master Outdoor Photography with the HONOR Magic7 Pro

The Middle East is a region full of diversity, where the landscapes are as diverse as the cultures that shape them. From the vibrant streets of Riyadh, lively souks of Marrakech to the tranquil desert dunes of Dubai, and the historic charm of cities like Jeddah, the HONOR Magic7 Pro is the perfect...

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Business & Money | Sunday 6 April, 2025 1:22 pm

Saudi banks’ T-bond investments rise to SAR 606.5B in February

Saudi banks’ investments in treasury bonds increased by about SAR 7.5 billion month-on-month (MoM) to SAR 606.5 billion in February 2025, data from the Saudi Central Bank (SAMA) showed. Government bonds made up 74% of banks' total claims on the public and quasi-public sectors in Saudi...

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Business & Money | Sunday 6 April, 2025 12:52 pm

Shalfa awarded framework agreement by Tatweer

Shalfa Facilities Management Co. received on March 28 an award notification from Tatweer Buildings Co., approving the execution of a framework agreement for integrated facilities management services for school buildings and private institutes in the Central Region (Al-Qassim), the company said in a ...

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Business & Money | Sunday 6 April, 2025 12:49 pm

TAQAT extends MoU to fully acquire Bayan Transport

TAQAT Mineral Trading Co. extended a non-binding memorandum of understanding (MoU) to fully acquire Bayan Transport Trading Co. The MoU, which was set to expire on March 31, was extended until June 30, 2025, the company said in a statement to Tadawul. According to available data on...

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Business & Money | Sunday 6 April, 2025 10:19 am

Abu Dhabi Petroleum Products Trading Regulatory Committee convenes first 2025 meeting

The Abu Dhabi Petroleum Products Trading Regulatory Committee (TRC) convened its first meeting of 2025, headed by Dr. Saif Saeed Al Qubaisi, Acting Director-General of Regulatory Affairs at the Department of Energy, and attended by representatives from 21 federal and local government...

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Business & Money | Sunday 6 April, 2025 10:14 am

CBUAE revokes licence of Dynamics Insurance Brokers

The Central Bank of the UAE (CBUAE) has revoked the licence of Dynamics Insurance Brokers, pursuant to the Article 22 (2) of the Insurance Authority Board of Directors Resolution No. 15 of 2013 Concerning Insurance Brokerage Regulations. The revocation results from the findings of an...

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Business & Money | Sunday 6 April, 2025 10:10 am

2PointZero’s Maseera acquires Egypt’s ADVA

Maseera Holding for Financial Investments (Maseera), a portfolio company of 2PointZero, a transformational global investment platform and a subsidiary of International Holding Company (IHC), today announced the successful acquisition of ADVA, an innovative Egyptian consumer finance platform. This...

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Business & Money | Sunday 6 April, 2025 10:08 am

Dana Gas, Crescent Petroleum reach 500 MMboe cumulative production from Khor Mor field

Dana Gas and its partner Crescent Petroleum together with their partners in the Pearl Petroleum Consortium have announced that cumulative production from Khor Mor, Iraq’s largest non-associated gas field, has reached 500 million barrels of oil equivalent (MMboe), highlighting the level of...

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Business & Money | Sunday 6 April, 2025 10:06 am

Ministry of Finance announces issuance of Cabinet Decision on Qualifying Investment funds, Qualifying Limited Partnerships for purposes of Corporate Tax Law

As part of its continuous efforts to enhance the investment environment in the United Arab Emirates, the Ministry of Finance has announced the issuance of Cabinet Decision No. 34 of 2025 on Qualifying Investment Funds and Qualifying Limited Partnerships for the Purposes of Federal Decree-Law No. 47 ...

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Business & Money | Sunday 6 April, 2025 9:58 am

UAE participates in Global AI Summit on Africa in Rwanda

In line with the UAE’s vision to establish itself as a global hub for artificial intelligence and to strengthen international partnerships, the country participated in Global AI Summit on Africa, held in Kigali, Rwanda, from April 3 to 4. This reflects the UAE’s ongoing commitment to supporting ...

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