Business & Money | Thursday 6 March, 2025 2:20 pm

NADEC, Hilton Foods to set up JV for red meat processing

National Agricultural Development Co. (NADEC) signed an agreement with UK-based Hilton Foods Ltd., to establish a joint venture (JV) - a limited liability company - in which NADEC will hold a 51% stake. In a statement to Tadawul, NADEC said that the shareholders' agreement includes several...

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Business & Money | Thursday 6 March, 2025 2:18 pm

DWTC partners with Informa Group to create first-of-its-kind global MICE powerhouse

Dubai World Trade Centre and Informa Group, today announced a strategic venture to create a truly global powerhouse in Exhibitions and Event Management, operating out of the Middle East - South Asia - Africa regions. This partnership between two commercial equals with highly complementary...

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Business & Money | Thursday 6 March, 2025 2:11 pm

RAKEZ honours top achievers in Health, Safety, and Environment at prestigious awards ceremony

Ras Al Khaimah Economic Zone (RAKEZ) celebrated the exceptional dedication and achievements of companies within the economic zone at the annual HS&E Excellence Awards and Nujoom Al Salama Programme. This prestigious event honoured companies that have maintained high standards of health, safety, ...

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Business & Money | Thursday 6 March, 2025 2:10 pm

KeyMavens Launches Montage, Dubai’s First Urban Residential Resort in Al Jaddaf

KeyMavens Real Estate Development and Engel & Völkers Middle East announce the launch of Montage, Dubai’s first urban residential resort. This visionary development in Al Jaddaf is designed to provide an unparalleled lifestyle, seamlessly integrating cutting-edge design with transformative...

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Business & Money | Thursday 6 March, 2025 2:09 pm

Tabreed Successfully Issues USD 700 Million, Inaugural Green Sukuk

Tabreed, the world’s leading district cooling company, has announced today the successful raising of USD 700 million via an inaugural, five-year green sukuk – the first issuance under its new USD 1.5 billion trust certificate issuance programme. The new sukuk will be listed and traded on London ...

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Business & Money | Thursday 6 March, 2025 2:06 pm

PayTabs Group Strengthens its Commitment to Egypt’s Digital Payments Ecosystem with Full Ownership of PayTabs Egypt

PayTabs Group, MENA's award-winning payment orchestration powerhouse today announced the successful acquisition of majority stake in PayTabs Egypt, solidifying its commitment to driving digital transformation and financial inclusion across Egypt. This strategic move marks a pivotal milestone...

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Business & Money | Thursday 6 March, 2025 2:05 pm

Automechanika Dubai celebrates record exhibitor numbers during the 2024 edition

Automechanika Dubai, the largest trade show for the automotive aftermarket industry in the wider Middle East, has officially announced the results from the 2024 edition of the show during the exhibition's first Advisory Board Assembly of the year, where the trends expected to be discussed during...

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Business & Money | Thursday 6 March, 2025 2:03 pm

The Department of Finance in Ajman Elevates Institutional Excellence with Two International Certifications

The Department of Finance in Ajman continues to strengthen its institutional efficiency, having obtained two prestigious international certifications. These include the Quality Assurance and Improvement Program (QAIP) certification from the UAE Internal Auditors Association (UAE IAA) in compliance...

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Business & Money | Thursday 6 March, 2025 2:00 pm

Deem Finance and J.P. Morgan partner with a milestone $400 million securitization facility to support consumer and SME lending in the UAE

Deem Finance LLC (“Deem”), a Gargash Group company and a leading consumer finance provider regulated by the UAE Central Bank, has partnered with J.P. Morgan in a pioneering asset-backed securitization (ABS) to support its lending activities for consumers and SMEs. J.P. Morgan will be providing...

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Business & Money | Wednesday 5 March, 2025 12:15 pm

Business Setup Cost in Dubai: What You Need to Know

Currently, Dubai enjoys a favorable business climate and very appealing business set-up policies, providing a concentration point for an enterprising businessman or investor. The option of starting a business in Dubai is appealing due to its strategic location, income tax benefits, and...

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