Business & Money | Saturday 2 December, 2023 7:19 am

ACWA Power kicks off green hydrogen project in Uzbekistan

ACWA Power stated that it launched the first phase of green hydrogen project in Uzbekistan, with a production capacity of 3,000 tons per year.   In a statement, the company added that the project will be developed in two phases. The first phase, a 3,000 ton- green ammonia pilot...

More Details

Business & Money | Saturday 2 December, 2023 6:59 am

DIFC celebrates the ‘Spirit of the Union’ with a host of cultural activities

Dubai International Financial Centre (DIFC) is celebrating the UAE’s 52nd Union Day with the community. In celebration of the nation’s rich traditional heritage, several cultural activities were held, including a lively Ayyala, Lewa and Harbia performances and Henna arts, that...

More Details

Business & Money | Saturday 2 December, 2023 6:56 am

GCC Commercial Arbitration Centre and DIFC Courts Spark Innovation through Joint Collabortaion!

Dr. Kamal Abdullah Al-Hamad, the esteemed Secretary General of the GCC Commercial Arbitration Centre, engaged in high-level discussions with a distinguished delegation from the Dubai International Financial Centre Courts (DIFC) to foster a robust collaborative partnership. The overarching goal ...

More Details

Business & Money | Saturday 2 December, 2023 6:55 am

Statement of Hussain Sajwani, Founder and Chairman of DAMAC Properties on the occasion of the 52nd UAE National Day

“On this momentous 52nd UAE National Day, I extend my sincere congratulations to the visionary leadership of our great nation. Every National Day is an occasion to reflect on the remarkable progress we have achieved and prepare ourselves for the promising opportunities ahead. Today, the UAE...

More Details

Business & Money | Saturday 2 December, 2023 1:55 am

Apparel Group signs pioneering ESG-linked term finance deal with Emirates Islamic and Emirates NBD

Apparel Group, a leading fashion and retail conglomerate with a robust global presence, headquartered in the UAE, announced the signing of ESG-linked term facilities with Emirates Islamic, a leading Islamic financial institution in the UAE and Emirates NBD, a leading banking group in the MENAT...

More Details

Business & Money | Friday 1 December, 2023 4:03 am

East Pipes seals SAR 153M supply contract with Aramco

East Pipes Integrated Company for Industry signed today, Nov. 30, a supply contract valued at more than SAR 153 million (VAT inclusive) with Saudi Arabian Oil Co. (Saudi Aramco), according to a statement to Tadawul.   East Pipes will manufacture and supply steel pipes to Aramco over...

More Details

Business & Money | Friday 1 December, 2023 4:01 am

Ladun's subsidiary secures SAR 230M project with RCJY

Ladun Investment Co.’s subsidiary, Built Industrial Co., was awarded works for establishing a SAR 230.13 million singles housing project (including VAT) in Jazan City for Basic and Downstream Industries from the Royal Commission for Jubail and Yanbu (RCJY). The contract, expected to be...

More Details

Business & Money | Friday 1 December, 2023 3:50 am

Genesis named as the official carrier of “Al-Hilal”

The Al-Hilal Al-Saudi Club Company has announced a three-year partnership with Wallan Trading Company, the official distributor of Genesis in the Kingdom. As part of the agreement, Al-Hilal will receive 30 Genesis vehicles from Wallan Trading Company, the official carrier of the football club. The...

More Details

Business & Money | Friday 1 December, 2023 3:45 am

EDGE Group Continues Stellar International Growth, Consolidating its Position as an Industry Leader

EDGE Group is marking four years of stellar growth as one of the world’s fastest growing advanced technology and defence conglomerates, boasting an impressive portfolio of 160 innovative systems and solutions - a major accomplishment in a relatively short timeframe, and a global footprint that...

More Details

Business & Money | Friday 1 December, 2023 3:37 am

“Entrepreneur’s Journey” launched to guide start-ups in Abu Dhabi

The Abu Dhabi Department of Economic Development (ADDED) has launched the “Entrepreneur’s Journey” guide to support entrepreneurs exploring the unique opportunities offered by the Emirate and lead them through the business journey from ideation to long-term success. The new guide,...

More Details