16 Dhu al-Qi'dah 1446 - 14 May 2025
    
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Eye of Riyadh

Ministry of Finance organises AI Retreat to launch new plan, enhance future readiness
Business & Money | Wednesday 14 May, 2025 2:09 pm
The Ministry of Finance (MoF) has organised a retreat on Artificial Intelligence (AI), bringing together senior ministry leaders, subject matter experts, and representatives from strategic partners to review the results of the AI maturity assessment and launch the ministry's new AI plan. The...
Maktoum bin Mohammed meets with Minister of Finance of Luxembourg
Business & Money | Wednesday 14 May, 2025 2:07 pm
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, today met with Gilles Roth, Minister of Finance of Luxembourg. The meeting took place at the offices of the Investment Corporation of Dubai (ICD) in One...
SRERD, 'Emirates Islamic’ activate electronic mortgage services
Business & Money | Wednesday 14 May, 2025 2:05 pm
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...
ADNOC Gas joins MSCI Emerging Markets Index
Business & Money | Wednesday 14 May, 2025 2:03 pm
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...
EMSTEEL delivers AED2.2 billion in revenue for Q1 2025
Business & Money | Wednesday 14 May, 2025 2:01 pm
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...
Abu Dhabi, Singapore explore collaboration in regulation of petroleum products trading
Business & Money | Wednesday 14 May, 2025 1:56 pm
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...
Adeera and Expedia Group Enter Preferred Partnership for B2B Distribution Rates
Business & Money | Wednesday 14 May, 2025 1:53 pm
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...
Business & Money | Wednesday 14 May, 2025 1:49 pm
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...
UFI MEA Conference sees record numbers in Cairo, Egypt
Business & Money | Wednesday 14 May, 2025 1:45 pm
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...
Crown Prince: Gulf-US summit reflects collective action to strengthen relations, expand partnership
Government | Wednesday 14 May, 2025 11:40 am
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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