Business & Money | Monday 12 May, 2025 11:32 am

UAE Chambers discuss strengthening economic, investment cooperation with Mongolia

The Federation of UAE Chambers of Commerce and Industry (UAE Chambers) has called for enhancing economic and investment cooperation with Mongolia, in a way that serves the mutual interests of business communities in both friendly countries. This came during a meeting between Humaid Mohammed...

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Business & Money | Monday 12 May, 2025 11:29 am

AqlanX secures $10 million investment from DoxAI to launch Arabic-first enterprise AI in Middle East

AqlanX, a UAE-based artificial intelligence company, today announced a US$10 million investment from Lakeba Group through their venture DoxAI, marking a significant milestone in the region’s digital transformation journey. The investment, facilitated through connections fostered by the...

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Business & Money | Monday 12 May, 2025 11:28 am

MoIAT launches 'Make it in the Emirates' national campaign with competitive enablers for industrialists

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, witnessed the nationwide launch of a national campaign under the ‘Make it in the Emirates’ platform to promote UAE-made products. The initiative, led by the Ministry of Industry and Advanced Technology (MoIAT),...

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Business & Money | Monday 12 May, 2025 11:24 am

Ministry of Finance clinches three Excellence in Procurement & Supply Awards 2025

The Ministry of Finance has clinched three Excellence in Procurement & Supply Awards 2025 from the Chartered Institute of Purchasing and Supply (CIPS). The awards were in recognition of the Ministry’s leading practices in procurement and supply chain management within the government’s...

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Business & Money | Monday 12 May, 2025 11:16 am

Women in Aviation – Middle East Charts a Path Toward Full Empowerment from the Ground Up

With a confident tone and exceptional participation, the “Women in Aviation – Middle East” conference concluded on the third day of Airport Show 2025, reaffirming that the future of aviation is set to be more inclusive and diverse—led by women steadily ascending to cockpits and boardrooms....

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Business & Money | Monday 12 May, 2025 11:10 am

Union Properties Delivers Strong Q1 2025 Results, Revenue Grows 18.2% and Pays Down AED179 million of Legacy Debt

Union Properties PJSC (“Union Properties” or “the Company”) (DFM symbol: UPP) announced its financial results for the first quarter of 2025, reporting a strong start to the year with 18.2% increase in revenue, reaching AED163 million compared with AED138 million in Q1 2024. This...

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Business & Money | Monday 12 May, 2025 10:11 am

Senkron Digital Showcases CyberPact Service at GISEC Global 2025

Dubai – Senkron Digital took part in GISEC Global 2025, held between May 6–8 in Dubai. This premier event, focused exclusively on digital security and cyber technologies, provided a platform for the company to present its CyberPact Security® service, specifically developed for operational...

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Business & Money | Sunday 11 May, 2025 5:36 pm

“Areeb Capital” signs a SAR 5.8 billion financing agreement with “Saudi National Bank”

“Areeb Capital”, a prominent real estate fund management company, announced signing a new financing agreement with the “Saudi National Bank”(SNB) worth SAR 5.8 billion. This agreement will enhance the company's financing capabilities for its ambitious investment projects in the Saudi real...

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Business & Money | Sunday 11 May, 2025 2:51 pm

Tibbiyah’s unit signs SAR 67.2M contract with Health Ministry

Arabian International Healthcare Holding Co.’s (Tibbiyah) wholly owned subsidiary Al Faisaliah Medical Systems Co. (FMS) signed on May 5 a SAR 67.2 million contract with the Ministry of Health’s General Office, according to a statement on Tadawul. The contract, which was awarded on Aug. 8, ...

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Business & Money | Sunday 11 May, 2025 2:43 pm

SAB Invest Launches Saudi Arabia’s First Quantitative ETF

SAB Invest today announced the launch of the SAB Invest Saudi Quant ETF, Saudi Arabia’s first exchange-traded fund built on a quantitative investment strategy. This milestone introduces a new generation of ETFs designed specifically for the Saudi market, adapted from an HSBC model that has...

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