Business & Money | Thursday 27 March, 2025 1:13 pm

SHL renews SAR 200M credit facilities with Bank AlJazira

SHL Finance Co. renewed on March 26 a Shariah-compliant credit facility agreement worth SAR 200 million with Bank AlJazira.   SHL will use the five-year financing to expand and boost sales volumes, in line with its plans and future strategy, according to a statement to...

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Business & Money | Thursday 27 March, 2025 1:08 pm

MEPCO to acquire Al-Medan Project in SAR 91M deal, issue new shares

Middle East Paper Manufacturing and Production Co. (MEPCO) signed today, March 27, a share purchase agreement to acquire full ownership of Al-Medan Project Company for Corrugated Carton (MPCCC). The deal includes purchasing 1,000 ordinary shares, representing the entire capital of the MPCCC,...

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Business & Money | Thursday 27 March, 2025 11:59 am

The Nautical Institute to hold AGM & conference during Seatrade Maritime Logistics ME

Leading maritime authority, The Nautical Institute, today announced that its Annual General Meeting (AGM) and Technical Conference will both take place during UAE Maritime Week for the first time.  Planned to take place at the flagship event, Seatrade Maritime Logistics Middle East 2025...

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Business & Money | Thursday 27 March, 2025 11:48 am

"Drake and Scull" Achieves Major Turnaround: AED 3.76 billion Profit

Drake and Scull International PJSC (DSI), specializing in contracting services for mechanical, electrical, and plumbing (MEP), as well as oil and gas, water and wastewater treatment projects, announced its financial results for the year ended December 31, 2024, reflecting a significant turnaround...

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Business & Money | Thursday 27 March, 2025 11:37 am

Sharjah Digital Department Sets Regional Benchmark With Circularo Award for Digital Transformation

In a milestone that underscores Sharjah’s leadership in innovation and digital sustainability, the Government of Sharjah, represented by the Sharjah Digital Department, received the Circularo Award for Digital Transformation in Information Technology for its excellence in implementing e-signature ...

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Business & Money | Thursday 27 March, 2025 11:05 am

MobilDeniz becomes the first banking application integrated with Apple Vision Pro in Türkiye

DenizBank has become the first bank to carry its mobile application to Apple Vision Pro in Türkiye in cooperation with its technology subsidiary Intertech and digital solution partner Commencis. İstanbul - Empowered with visionOS which is the first spatial operation system in the world,...

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Business & Money | Wednesday 26 March, 2025 12:04 pm

CEOs confident in 2025 growth as AI, investments and diversification drive transformation – PwC CEO Survey: Saudi Arabia findings

Confidence in economic growth – CEOs in Saudi remain highly optimistic about their companies’ revenue growth in 2025, surpassing regional and global averages.  According to PwC’s 28th Annual CEO Survey: Saudi Findings, the Kingdom has demonstrated sustained growth, driven by...

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Business & Money | Wednesday 26 March, 2025 11:50 am

Dubai’s Palm Jebel Ali now one of the world’s most exciting real estate opportunities

As the Dubai property market boom continues, Palm Jebel Ali is emerging as one of the most exciting real estate opportunities in the world, offering global investors a chance to secure prime waterfront assets at early-stage prices.  A market report from fäm Properties today says the...

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Business & Money | Wednesday 26 March, 2025 11:48 am

Dubai Courts Continues "Leaders at Your Service" Initiative for Enhanced Public Engagement

Dubai Courts continues its "Leaders at Your Service" initiative, designed to facilitate direct communication between customers and court leadership, thereby enhancing the customer experience by expediting procedures and simplifying access to judicial and administrative services. The service...

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Business & Money | Wednesday 26 March, 2025 11:47 am

Farnek composts over 290 tonnes of staff food waste in four years

Leading UAE-based smart and green facilities management (FM) company Farnek, has composted over 290 tonnes of staff food waste over the past four years, at an average of 200kg per day, at its state-of-the-art staff accommodation centre, Farnek Village, in Dubai. “Food waste is always a topic ...

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