Business & Money | Tuesday 5 August, 2025 8:00 am

Avalon Pharma signs EUR 3M contract to market GLP1 products

Middle East Pharmaceutical Industries Co. (Avalon Pharma) signed a contract worth EUR 3 million with Adalvo Limited, a global pharmaceutical company headquartered in Malta, to secure the rights for the registration and marketing their GLP 1 products for weight loss and obesity. In a...

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Business & Money | Monday 4 August, 2025 12:22 pm

Classera Signs Major Strategic Agreements in Damascus in Presence of Syrian President and Saudi Minister of Investment

In a significant step to strengthen Saudi-Syrian economic cooperation and accelerate reconstruction and digital transformation, Classera, the global leader in smart learning solutions, has signed a series of strategic agreements with the Government of the Syrian Arab Republic, represented by the...

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Business & Money | Monday 4 August, 2025 9:58 am

Rasmala Delivers Robotics-Enabled Logistics Facility in the Netherlands

Distribution centre pre-leased for 15 years to a global outdoor fashion brand Dubai, UAE – Rasmala Investment Bank Limited (“Rasmala”), one of the leading Dubai-based alternative investment managers, announces the successful completion of its ground-up investment in a cutting-edge...

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Business & Money | Monday 4 August, 2025 8:00 am

Emaar The Economic City & Al Tahaluf Sign Deal to Deliver New Residential Projects in KAEC’s Al Murooj

 Emaar, The Economic City (EEC), the master developer of King Abdullah Economic City (KAEC), has signed an agreement with Al Tahaluf, a Saudi-American joint venture comprised of a K. Hovnanian subsidiary and the Hamad bin Saedan Real Estate Company, to develop two premium residential...

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Business & Money | Monday 4 August, 2025 8:00 am

RAKEZ and Peko join forces to simplify SME operations with digital solutions

 Ras Al Khaimah Economic Zone (RAKEZ) has partnered with UAE-based fintech company Peko to offer its clients a range of automated services that streamline day-to-day operations. From invoicing and payroll to utility payments and business travel bookings, the new services are accessible via...

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Business & Money | Monday 4 August, 2025 8:00 am

Azizi Developments' Beach Oasis Nears Completion at 94%, Final Works Underway

Azizi Developments, a leading private developer in the UAE, has announced that construction at Beach Oasis - its vibrant mixed-use community in the dynamic, rapidly growing Dubai Studio City - has reached 94% completion. The project is progressing as scheduled, with its handover set for Q3...

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Business & Money | Monday 4 August, 2025 8:00 am

SRC Signs a Real Estate Finance Portfolio Purchase Agreement with Bank Albilad

The Saudi Real Estate Refinance Company (SRC), a PIF company, has signed a real estate finance portfolio purchase agreement with Bank Albilad. The signing took place in the presence of His Excellency Majid bin Abdullah Al-Hogail, the Minister of Municipalities and Housing and Chairman of SRC,...

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Business & Money | Monday 4 August, 2025 8:00 am

BEYOND Launches PASSO, a Sculptural Icon on Palm Jumeirah

BEYOND Developments, the forward-thinking real estate brand shaping lifestyle destinations by the sea, has unveiled PASSO, a sculptural waterfront development located on the prestigious West Crescent of Palm Jumeirah. As BEYOND’s first flagship beyond its masterplan in Dubai Maritime City,...

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Business & Money | Monday 4 August, 2025 8:00 am

Social Development Bank Launches "Asir: Craftsmanship Celebration" to empower productive families

The Social Development Bank launched the "Asir: Craftsmanship Celebration" event as part of the "Asir is More Beautiful" Diwaniya, in strategic partnership with the Italian Institute of Contemporary Art, an expert in artistic jewelry design and production that focuses on empowering craftsmen and...

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Business & Money | Monday 4 August, 2025 8:00 am

Abu Dhabi’s non-oil foreign trade grew 34.7% in H1 2025

The Abu Dhabi’s non-oil foreign trade continued its growth trajectory, recording a strong performance during the first half of current year (From January to June 2025), soaring 34.7% to AED195.4 billion compared to AED145 billion during the corresponding period in 2024, according to statistics...

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