Business & Money | Tuesday 30 January, 2024 9:00 am

"BHM Capital" records a remarkable growth rate of 101% in the year 2023

BHM Capital, a leading financial institution in the capital markets of the United Arab Emirates, listed on the Dubai Financial Market, has announced an increase in its net profits for the period ending on December 31, 2023, by 101%, reaching AED 31.54 million compared to AED 15.68 million recorded...

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Business & Money | Monday 29 January, 2024 10:43 am

RAK Ruler attends Hira Industries’ latest R&D Center launch in RAKEZ

His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, attended the launch of Hira Industries’ Global Research and Development Center in the Al Ghail Industrial Zone.   A global manufacturer and supplier in the construction sector since ...

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Business & Money | Monday 29 January, 2024 9:54 am

Retal signs SAR 48M contract with subsidiary for 4 residential buildings

Retal Urban Development Co. signed today, Jan. 28, a contract worth SAR 48 million, excluding any applicable taxes and fees, with Building Construction Co., one of its subsidiaries.   In a statement to Tadawul, Retal said the contract duration is 20 months from the agreement...

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Business & Money | Monday 29 January, 2024 9:51 am

Sumou inks MoU with FGREC, Melia Hotels to operate hotel in Ajwan project

Sumou Real Estate Co. signed a non-binding memorandum of understanding (MoU) with First Gulf Real Estate Co. (FGREC) and Meliá Hotels International Co. to operate the planned hotel in the Ajwan project, which is currently under development and owned by...

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Business & Money | Monday 29 January, 2024 9:46 am

ENOC Group expands its retail footprint in Al Ain with the opening of two new compact stations

ENOC Group, a leading integrated global energy player announced the launch of two of its newest compact stations in Sweihan Road at Al Hiyar Area and Al Khaznah at Al Sabla area in Al Ain. The new additions bring the total number of service stations operating in the Emirate of Abu Dhabi to four...

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Business & Money | Monday 29 January, 2024 9:40 am

Dubai Customs Celebrates International Customs Day with a Digital Empowerment Focus During Ninth Dubai Customs Week

Dubai Customs organized the International Customs Day Forum as one of the highlights of its ninth Dubai Customs Week. The Forum, organized online, attracted widespread participation from customs officials and staff. H.E. Ahmed Mahboob Musabih, Director General of Dubai Customs, CEO of Ports,...

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Business & Money | Monday 29 January, 2024 9:21 am

Moro Hub and ServiceNow Collaborate to Streamline Digital Transformation for Public and Private Enterprises in the UAE

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), announced today the signing of a Memorandum of Understanding (MoU) with ServiceNow (NYSE: NOW). Under the terms of the MoU, ServiceNow will be Moro Hub’s preferred partner for...

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Business & Money | Monday 29 January, 2024 9:17 am

Unlicensed real estate consultants face fines of up to SAR 200,000: Official

Unlicensed consultancy and analytical services on the real estate industry is a violation, Tayseer Al-Mufarrej, Spokesperson of Real Estate General Authority (REGA), said in a statement to a TV channel.   Unlicensed individuals or institutions may receive a warning or a fine of up to ...

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Business & Money | Monday 29 January, 2024 9:15 am

American Express Saudi Arabia signs an agreement with Almosafer Business to process business travel payments for corporate clients

American Express Saudi Arabia has announced an agreement with Almosafer, Saudi Arabia’s leading travel company, to enable corporate clients of Almosafer Business to centralize payments through its Corporate Travel Account (“CTA”), consolidating and providing visibility of corporate...

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Business & Money | Sunday 28 January, 2024 9:43 am

Dubai Customs Makes History as Sole Customs Department in International Test Commission, Elevating Talent Leadership

The Assessment and Development Center in the Human Resources Division at Dubai Customs has become a member of the International Test Commission, making Dubai Customs the sole global customs department in the commission. This accomplishment further enhances the government department's reputation for ...

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