Technology & IT | Sunday 9 March, 2025 12:10 pm

HONOR Impressed MWC 2025 with the HONOR ALPHA PLAN

Global technology brand HONOR made a significant impression at Mobile World Congress (MWC) 2025 with the unveiling of its ambitious HONOR ALPHA PLAN, a new corporate strategy to transform HONOR from a smartphone maker to a global leading AI device ecosystem company. This announcement garnered...

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Business & Money | Sunday 9 March, 2025 8:00 am

Alef completes phase 1 structural works at Al Mamsha Seerah

Alef, the real estate developer in the emirate of Sharjah, announced that the first phase of "Al Mamsha Seerah" is advancing at an accelerated pace, with 100 percent completion of structural work, in line with the scheduled delivery of the project in "Al Mamsha Sharjah" by Q4...

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Business & Money | Sunday 9 March, 2025 8:00 am

DEWA invites international developers to submit expressions of interest for 7th phase of Mohammed bin Rashid Al Maktoum Solar Park

Dubai Electricity and Water Authority (DEWA) has invited international developers to submit expressions of interest for a tender to develop the 1,600-megawatt (MW) seventh phase of the Mohammed bin Rashid Al Maktoum Solar Park. This phase, which is expandable to 2,000MW, will use photovoltaic...

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Business & Money | Sunday 9 March, 2025 8:00 am

UAE, Central African Republic CEPA to boost trade beyond AED3.67 billion

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, stated that the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and the Central African Republic reflects the leadership’s commitment to enhancing trade and investment cooperation with countries worldwide...

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Business & Money | Sunday 9 March, 2025 8:00 am

Emirates forges 11 strategic agreements at ITB Berlin 2025

Emirates airline concluded its participation in the ITB Berlin 2025, travel and tourism exhibition, by signing 11 strategic agreements over the three days of the event. According to a statement issued on Friday, the airline's officials held 270 high-level meetings, while its pavilion welcomed...

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Business & Money | Sunday 9 March, 2025 8:00 am

Ras Al Khaimah Government completes US$1 billion sukuk issuance

The Government of Ras Al Khaimah, acting through the Investment and Development Office of Ras Al Khaimah, successfully closed its offering of a 10-year US$1 billion senior unsecured sukuk at a profit rate of [5.038%] on 5th March 2025. The Government of Ras Al Khaimah tapped the international...

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Business & Money | Sunday 9 March, 2025 8:00 am

Buimerc rings Nasdaq Dubai’s bell to mark its AED20 million contribution in support of Fathers’ Endowment campaign

Buimerc Corporation Ltd. rang the market opening bell to mark its support of the Fathers’ Endowment campaign, in the presence of Hamed Ali, CEO of Dubai Financial Market and Nasdaq Dubai, as well as representatives from the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), organisers of...

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Business & Money | Sunday 9 March, 2025 8:00 am

S&P projects 20% growth in UAE's insurance sector in 2025

S&P Global Ratings has projected that the UAE's insurance sector will maintain positive growth prospects in 2025, with growth expected to range between 10% and 20% in 2025, following an estimated 20% expansion in 2024. The agency also highlighted that other Gulf countries will experience...

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Business & Money | Sunday 9 March, 2025 8:00 am

Commercial registration services paused ahead of 2 new systems launch

The Ministry of Commerce announced a seven-day suspension of commercial registration and trade name system services, effective today, March 27. The services will resume in a fully updated format on April 3, coinciding with the implementation of the two new systems. In a statement on X,...

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Business & Money | Sunday 9 March, 2025 8:00 am

Red Sea says phase 2 of staff camp project not to be activated

Red Sea International Co. received a letter from Webuild SpA, the contractor for the project to build a staff camp serving the Trojena Dam project at NEOM, related to the latter’s decision to not activate the project’s second phase as the initial phase should suffice. As a result, the...

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