Business & Money | Thursday 28 November, 2024 4:44 pm

RIBA strengthens Gulf presence and partnerships

As part of its work to promote architectural excellence and grow its global membership, the Royal Institute of British Architects (RIBA) has been taking steps to strengthen its presence and strategic partnerships in the Gulf. This work coincides with the 15th anniversary of the RIBA Gulf...

More Details

Business & Money | Friday 3 January, 2025 6:11 pm

NDMC arranges $2.5B revolving credit facility

The National Debt Management Center (NDMC) finalized the arrangement for securing a Shariah-compliant revolving credit facility worth $2.5 billion (equivalent to SAR 9.4 billion). The credit facility, which spans a tenure of three years, is aimed at financing the general budgetary needs, and...

More Details

Business & Money | Friday 3 January, 2025 6:07 pm

Emirates SkyCargo adds Copenhagen to freighter network

In response to growing demand out of Denmark, Emirates SkyCargo has deployed a dedicated weekly freighter to Copenhagen Airport, increasing the network of destinations served by Emirates freighters to 38. The Boeing 777 freighter will increase capacity offered to Emirates’ customers, with...

More Details

Business & Money | Friday 3 January, 2025 6:06 pm

AIM Global Manufacturing Awards opens nominations

The organising committee of the AIM Congress has announced that the AIM Global Manufacturing Awards 2025 is now open for nominations. Recognised as one of the most prestigious accolades in the global manufacturing landscape, these awards aim to celebrate outstanding achievements in...

More Details

Business & Money | Friday 3 January, 2025 6:04 pm

Sharjah Entrepreneurship Festival launches 'Startup Pitch Competition'

The Sharjah Entrepreneurship Festival (SEF) 2025 has launched the SEF x 1Tank Startup Pitch Competition, dedicated to entrepreneurship, providing an exceptional opportunity to compete for grants totalling AED200,000, alongside potential investor funding opportunities reaching up to AED500,000, and...

More Details

Business & Money | Friday 3 January, 2025 6:02 pm

ADGM reduces commercial licence fees from January 2025

Abu Dhabi Global Market (ADGM), the international financial centre of the UAE’s capital, has announced an updated fee schedule for obtaining and renewing an ADGM commercial licence. Effective from 1st January 2025, fee reductions of 50 percent or more apply to non-financial and retail...

More Details

Business & Money | Friday 3 January, 2025 5:59 pm

World Future Energy Summit 2025 shines light on Middle East’s sustainable cities leadership

The UAE is spearheading this drive with forward-thinking projects such as Masdar City, a hub for clean technologies and sustainable design, and Zayed International Airport, which integrates smart infrastructure to enhance efficiency. Meanwhile, Saudi Arabia’s giga projects are redefining the...

More Details

Business & Money | Friday 3 January, 2025 5:55 pm

AD Ports Group closes 2024 with strong growth

Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, said that the group has solidified its position as a leading facilitator of global trade and logistics through unprecedented global expansion and strategic investments in 2024. The group ended its eventful year ...

More Details

Business & Money | Friday 3 January, 2025 5:50 pm

DXB set for record-breaking start to 2025 with 4.3m guests in 15 days

Dubai International (DXB) is on track to welcome 4.3 million guests in the first 15 days of the year, setting the stage for its busiest January yet. Daily traffic is projected to peak on 3rd January, with over 311,000 guests expected. With an average of 287,000 guests passing through daily...

More Details

Business & Money | Thursday 2 January, 2025 12:30 pm

MONIIFY named strategic partner of 1 Billion Followers Summit

The 1 Billion Followers Summit has named MONIIFY as a strategic partner for its third edition organised by the UAE Government Media Office from 11th to 13th January 2025 at Dubai's Emirates Towers, DIFC and the Museum of the Future. Built for emerging markets, MONIIFY is designed to deliver...

More Details

Business & Money | Thursday 2 January, 2025 12:26 pm

DAE acquires 83 aircraft, signs 233 lease transactions in 2024

Dubai Aerospace Enterprise (DAE) today reported its business transactions update for 2024. The company acquired 83 aircraft, of which 30 were owned and 53 were managed and sold 68 aircraft, including 19 owned and 49 managed. During the past year, DAE signed 233 lease agreements, extensions,...

More Details