Business & Money | Sunday 4 February, 2024 9:22 am

Municipal Affairs Ministry seeks public feedback on Etmam draft regulations

The Ministry of Municipal, Rural Affairs, and Housing seeks public opinion on the draft regulations of the Developers Services Center (Etmam) through Istitlaa platform no later than Feb. 29, 2024.   Under the regulations, Etmam aims to facilitate real estate development as well as...

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Business & Money | Sunday 4 February, 2024 9:02 am

Individuals start subscription to new ‘Sah’ product today

Subscription to the Ministry of Finance and the National Debt Management Center’s (NDMC) first Shariah-compliant, government-backed savings product for individuals (Sah), starts today Feb. 4. The payout rate for each issue is determined based on market conditions from month to month. The...

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Business & Money | Saturday 3 February, 2024 5:42 am

Abu Dhabi Chamber launches Advocacy Hub to support business ecosystem in Abu Dhabi

The Abu Dhabi Chamber of Commerce and Industry (ADCCI) announced the launch of the Advocacy Hub initiative, which involves all segments of the private sector, enhancing its engagement and bringing positive change in the business system. The Advocacy Hub aims to support and empower the private...

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Business & Money | Saturday 3 February, 2024 5:39 am

World Governments Summit: UAE takes lead in future readiness indices

The United Arab Emirates has made remarkable strides in future readiness indices, a testament to its visionary leadership's emphasis on forward-thinking and proactive planning.Underpinning this progress is a commitment to innovation as the cornerstone of comprehensive development, aligning closely...

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Business & Money | Saturday 3 February, 2024 5:36 am

EMAAR's partnership with Sharjah Entrepreneurship Festival 2024 unleashes a diverse ecosystem

In a commitment to fuel technological innovation and entrepreneurial advancement, the multinational real estate development company, EMAAR, has announced its partnership with the Sharjah Entrepreneurship Festival (SEF), organised by the Sharjah Entrepreneurship Centre (Sheraa), and taking place...

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Business & Money | Saturday 3 February, 2024 5:26 am

Dubai records over AED11.5 billion in weeklong real estate transactions

A total of 3,677 real estate transactions worth over AED11.5 billion were conducted during the week ending 2nd February, 2024, according to data released by the Dubai Land Department (DLD). The DLD report showed that 192 plots were sold for AED2.61 billion, while 2,699 apartments and villas...

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Business & Money | Saturday 3 February, 2024 4:52 am

SAUDIA intends to provide over 10,000 jobs, localize pilot jobs: Official

SAUDIA has a strategy to provide more than 10,000 specialized quality jobs in the aviation sector over the coming years, said Abdullah AlShahrani, General Manager of Communication and Media Affairs and Spokesperson for the airline.   The jobs include pilots, cabin navigators, and...

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Business & Money | Friday 2 February, 2024 1:26 am

Network International obtains payment licence from Saudi Central Bank (SAMA) to expand merchant acquiring business in KSA

Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced that it has obtained a Major Payment Institution (Major PI) licence from the Saudi Central Bank (SAMA) that will strengthen the acquirer’s foothold in the...

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Business & Money | Friday 2 February, 2024 1:25 am

Azizi Developments’ Beach Oasis reaches 11% construction completion

Azizi Developments, a leading private developer in the UAE, has announced the 11% construction completion of Beach Oasis, its vibrant mixed-use community located in one of the emirate’s most dynamic and youthful areas, Dubai Studio City. Beach Oasis is scheduled for handover in Q1...

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Business & Money | Friday 2 February, 2024 1:00 am

Sheikh Saud bin Saqr Al Qasimi witnesses RAKEZ-BCCD MoU

His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, welcomed a high-level British delegation to discuss areas of trade and economic cooperation between the emirate and the UK. The delegation comprised officials from the British Embassy, including...

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