Business & Money | Wednesday 14 May, 2025 2:05 pm

SRERD, 'Emirates Islamic’ activate electronic mortgage services

The Sharjah Real Estate Registration Department (SRERD) signed a memorandum of cooperation with Emirates Islamic bank to activate a direct electronic link between the two parties. This step is part of the department's strategy to digitize its services and enhance the efficiency of real estate...

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Business & Money | Wednesday 14 May, 2025 2:03 pm

ADNOC Gas joins MSCI Emerging Markets Index

ADNOC Gas plc and its subsidiaries today announced that its shares have been selected for inclusion in the MSCI Emerging Markets Index after successfully meeting the MSCI’s established eligibility criteria. The inclusion will take effect on 2nd June 2025. The MSCI Emerging Markets Index...

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Business & Money | Wednesday 14 May, 2025 2:01 pm

EMSTEEL delivers AED2.2 billion in revenue for Q1 2025

EMSTEEL Group announced its financial results for the first quarter of 2025 on Wednesday, reporting revenues of AED2.2 billion, which marks a one percent increase compared to the same period last year. EBITDA reached AED266 million, with an EBITDA margin of 12.3 percent compared to 13.7...

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Business & Money | Wednesday 14 May, 2025 1:56 pm

Abu Dhabi, Singapore explore collaboration in regulation of petroleum products trading

As part of its ongoing efforts to enhance the regulatory framework governing the petroleum products sector, a delegation from the Abu Dhabi Department of Energy (DoE), headed by Dr. Saif Saeed Al Qubaisi, Acting Director-General of Regulatory Affairs, undertook an official visit to the Republic of...

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Business & Money | Wednesday 14 May, 2025 1:53 pm

Adeera and Expedia Group Enter Preferred Partnership for B2B Distribution Rates

The Hotel Management Company “Adeera”, a PIF company, signed an agreement with Expedia Group, one of the world’s leading travel technologies companies, at Arabian Travel Market (ATM) joining their B2B distribution rates program on a preferred basis.  This strategic partnership will...

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Business & Money | Wednesday 14 May, 2025 1:49 pm

" The UAE’s Inspiring Economic Model Marks a Bold Leap Toward the Future” Says Egyptian Entrepreneur Ahmed Abou Hashima

During his keynote speech at the "Startup Power Competition", Egyptian entrepreneur Ahmed Abou Hashima praised the UAE's visionary economic approach and considered it as one of the most successful models of economic transformation, having rapidly evolved into a global hub for investment and...

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Business & Money | Wednesday 14 May, 2025 1:45 pm

UFI MEA Conference sees record numbers in Cairo, Egypt

UFI, The Global Association of the Exhibition Industry, successfully concluded the 2025 edition of the UFI MEA Conference, hosted from 28–30 April in Cairo, Egypt, by the EECA (Egyptian Expo & Convention Authority) at the Cairo International Convention and Exhibition Center. The largest...

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Government | Wednesday 14 May, 2025 11:40 am

Crown Prince: Gulf-US summit reflects collective action to strengthen relations, expand partnership

Saudi Arabia’s Crown Prince Mohammed bin Salman said in his opening remarks at the Gulf-US Summit that this meeting with President Donald Trump is an extension of the historic and strategic partnership between our countries and the United States, which has grown and developed over the past...

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Government | Wednesday 14 May, 2025 10:29 am

GCC-US summit convenes in Riyadh today

The GCC-US summit between the GCC countries and the US will be held today, May 14, in Riyadh. US President Donald Trump arrived yesterday in Riyadh, on his first foreign visit since taking office for a second time. The summit aims to strengthen political, economic, and security...

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Government | Wednesday 14 May, 2025 8:36 am

Crown Prince: Saudi Arabia works with US on $600B partnership opportunities

Crown Prince Mohammed bin Salman stated that joint investments between Saudi Arabia and the US are one of the key pillars of both countries’ economic relationship.   In a speech at the Saudi-US Investment Forum in Riyadh, attended by President Donald Trump, he added that the...

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