Business & Money | Tuesday 6 May, 2025 1:18 pm

Alkhorayef Water wins SAR 85.95M contract with NWC

Alkhorayef Water and Power Technologies Co. (AWPT) was awarded, on May 5, a contract to supply, install, test, and commission pumps and variable frequency drives (VFDs) in Jazan Region, with National Water Co. (NWC), for SAR 85.95 million, not including VAT. The contract is valued at SAR 85.95 ...

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Business & Money | Tuesday 6 May, 2025 1:09 pm

Saudi Arabia continues to lure domestic, foreign investments: Minister

Saudi Arabia continues to attract both domestic and foreign investments, despite global geopolitical and economic challenges, said Saudi Minister of Investment Khalid Al-Falih. The Kingdom developed high capabilities to adapt to shocks, through accumulated experience in confronting various...

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Business & Money | Tuesday 6 May, 2025 11:47 am

Bin Touq meets with tourism ministers of Spain, Croatia to enhance prospects for cooperation in sector

During a European tour that included Spain and Croatia, Abdulla Bin Touq Al Marri, UAE Minister of Economy, met with Tonči Glavina, Minister of Tourism and Sports of Croatia; and Rosario Sánchez Grau, Spanish Secretary of State for Tourism, with the aim of enhancing cooperation in the sector. As...

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Business & Money | Tuesday 6 May, 2025 11:41 am

Technology plays key role in reshaping entrepreneurship landscape in UAE

Technology is playing a pivotal role in reshaping the entrepreneurship scene in the United Arab Emirates. Innovation-based startups are becoming a major driver of the national economy and a primary source of employment and sustainable solutions. This contributes to enhancing the country's global...

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Business & Money | Tuesday 6 May, 2025 11:39 am

EWEC opens Q2 2025 clean Energy Certifications Auction

- Emirates Water and Electricity Company (EWEC), a leading company in the integrated coordination of planning, purchasing, supply, and system despatch services for water and electricity across the UAE, today announced that registration is now open for its Q2 2025 Clean Energy Certificates (CECs)...

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Business & Money | Tuesday 6 May, 2025 11:38 am

UAE, Croatia explore ways to strengthen bilateral economic relations

Abdulla bin Touq Al Marri, Minister of Economy, held a bilateral meeting with Ante Šušnjar, Croatia’s Minister of Economy and Sustainable Development, to explore the strengthening of cooperation across various economic sectors. The meeting took place during Bin Touq’s official visit to...

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Business & Money | Tuesday 6 May, 2025 11:36 am

ADNOC Drilling awarded $806 million long-term contract for three newbuild island rigs

ADNOC Drilling Company announced today it has been awarded a contract for three island rigs by ADNOC Offshore for an estimated total contract value of US$806 million to support expanding operations at the offshore Zakum development project. These three rigs are in addition to three ordered in...

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Business & Money | Tuesday 6 May, 2025 11:34 am

UAE hosts inaugural Governance of Emerging Technologies Summit

The inaugural Governance of Emerging Technologies Summit (GETS 2025) was launched yesterday in Abu Dhabi under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court. The summit is organised by the Advanced ...

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Tourism & Hospitality | Tuesday 6 May, 2025 11:14 am

Moscow Kicks Off the Summer Tourism Season for Visitors from Qatar

The Moscow City Tourism Committee successfully hosted an exclusive business session in Doha, Qatar, on May 4, 2025, as part of Moscow's ongoing efforts to strengthen ties with the Middle East and expand cooperation with Qatari partners in the tourism sector.Doha, Qatar — The Moscow City Tourism...

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Business & Money | Tuesday 6 May, 2025 8:25 am

Arada launches Nest Hotel, a bold new hospitality brand with a debut location at Sharjah mega community Aljada

Arada has officially launched Nest Hotel, the master developer’s first homegrown hospitality brand, which promises a vibrant and affordable experience with a blend of comfort, community and convenience. A midscale brand, Nest Hotel was launched during Arabian Travel Market (ATM) 2025, the leading ...

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