Business & Money | Monday 10 March, 2025 11:36 am

UAE key player in shaping future of digital trade

The UAE’s Comprehensive Economic Partnership Agreements (CEPAs) with countries worldwide are paving the way for Emirati companies to play a pivotal role in digital trade and shape the future of this sector. As part of its commitment to a future-ready economy, the UAE has successfully...

More Details

Business & Money | Monday 10 March, 2025 11:34 am

Dubai ranked world’s top destination for attracting Greenfield FDI for fourth successive year

Dubai has been ranked the world’s No.1 destination for Greenfield Foreign Direct investment (FDI) projects for the fourth successive year, according to the Financial Times Ltd.’s ‘fDi Markets’ data. In 2024, Dubai attracted AED52.3 billion ($14.24 billion) in estimated FDI capital, a...

More Details

Business & Money | Monday 10 March, 2025 11:32 am

Metal Park launches AED110m Storage Hub in KEZAD

Khalifa Economic Zones Abu Dhabi – KEZAD Group and its strategic client Metal Park announced the launch of the first phase of Metal Park's state-of-the-art Storage Hub in KEZAD. The Storage Hub will offer world-class storage solutions and support services for businesses in the...

More Details

Business & Money | Monday 10 March, 2025 11:30 am

Al Etihad Payments, Visa announce 'Jaywan- Visa' co-badging partnership

Al Etihad Payments, a wholly owned subsidiary of the Central Bank of the UAE (CBUAE), which operates the UAE's of the national card switch (UAESWITCH) and the UAE's domestic card scheme "Jaywan", and Visa, today announced their agreement to jointly introduce "Jaywan- Visa" debit and prepaid cards...

More Details

Business & Money | Monday 10 March, 2025 11:24 am

Emaar EC amends plan to raise capital by converting PIF debt to new shares

Emaar The Economic City’s (Emaar EC) board of directors amended on March 8 an earlier recommendation to increase capital by converting the debt owed to the Public Investment Fund (PIF) into new ordinary shares. The board proposed increasing the amount of debt to be converted from SAR 3.97...

More Details

Business & Money | Monday 10 March, 2025 11:22 am

Naseej Tech inks SAR 19.9M contract with King Khalid University

Naseej for Technology Co. (Naseej Tech) signed today, March 9, a contract for the operation and maintenance of managed computer services at King Khalid University, at SAR 19.89 million (VAT inclusive). In a statement to Tadawul, the company indicated that the project aims to provide managed...

More Details

Business & Money | Monday 10 March, 2025 11:19 am

ACWA Power opens innovation hub in China

ACWA Power Co. launched its first overseas innovation center in Shanghai’s Pudong New Area, China, at an initial investment of CNY 20 million ($2.8 million), according to a statement on Tadawul today, March 9.The hub will focus on five key sectors: photovoltaics, wind power, energy storage, green ...

More Details

Business & Money | Monday 10 March, 2025 11:16 am

CMCER signs SAR 22.8M contract with Ministry of National Guard

Canadian Medical Center Co. (CMCER) received on March 9 a contract with the Ministry of National Guard Health Affairs, valued at SAR 22.82 million (VAT inclusive). In a statement to Tadawul, the company pointed out that the one-year agreement aims to supply medical...

More Details

Business & Money | Monday 10 March, 2025 11:10 am

WiSER Calls for Accelerated Action to Invest in Female Entrepreneurs Driving the Global Sustainable Economy

Women in Sustainability, Environment, and Renewable Energy (WiSER) - a global platform founded by Masdar and the Zayed Sustainability Prize to champion women as leaders of sustainable change - today launched its latest White Paper, Igniting a Global Sustainable Economy. Its release coincides...

More Details

Business & Money | Monday 10 March, 2025 11:09 am

NWC announces the completion of sewage lines in Al-Arid district of Riyadh at SR +33m

The National Water Company (NWC), represented by its Central Cluster, announced the completion of the implementation of sewage lines in Al-Arid district, north of Riyadh, at a total cost of more than 33 million Saudi Riyals. This is part of NWC’s ongoing efforts to implement its strategic plans...

More Details