Business & Money | Wednesday 19 November, 2025 2:15 pm

Ghanem Raises USD 7.1 Million from Al-Romaih Group to Develop Fractional Ownership Solutions in the Saudi Real Estate Market

Ghanem, the digital real estate platform specializing in fractional ownership solutions, announced the closure of a funding round worth USD 7.1 million from Al-Romaih Group, one of the Kingdom’s leading investment groups with extensive experience in the real estate and financial...

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Business & Money | Wednesday 19 November, 2025 2:11 pm

GE Aerospace Expands Operations in Dubai South with New $50M Facility

 Today on the first day of the Dubai Airshow, GE Aerospace (NYSE:GE) announced plans for the build of a new, state-of-the-art On Wing Support (OWS) facility at the Mohammed Bin Rashid Aerospace Hub in Dubai South. This strategic investment underscores GE Aerospace’s commitment to supporting...

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Business & Money | Wednesday 19 November, 2025 10:00 am

The Helicopter Company and Riyadh Air Sign Strategic MoU to Advance Seamless Premium Air Mobility Across Saudi Arabia

The Helicopter Company (THC), a PIF company and the Kingdom's premier commercial helicopter operator, has signed a strategic Memorandum of Understanding (MoU) with Riyadh Air, the new national carrier of the Kingdom of Saudi Arabia and also a PIF entity, at Dubai Airshow.  This landmark...

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Business & Money | Wednesday 19 November, 2025 9:00 am

National Water Company Completes Phase II of Water Networks in Al-Rin Governorate at a Cost Exceeding SAR16 Million

As part of its ongoing efforts to enhance the water services system, the National Water Company (NWC) announced the completion of Phase II of the water networks project in Al-Rin governorate in the Riyadh region. The project aims to support the infrastructure of both water and environmental...

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Business & Money | Wednesday 19 November, 2025 9:00 am

Riyadh Air selects CFM LEAP engines for launch of new A321neo fleet

Riyadh Air today announced a firm order for 120 CFM International LEAP-1A engines to power 60 Airbus A321neo family aircraft ordered last year. A signing ceremony took place at the Dubai Airshow today between Adam Boukadida, CFO of Riyadh Air and Stéphane Cueille, CEO of Safran Aircraft Engines,...

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Business & Money | Tuesday 18 November, 2025 1:41 pm

Tawazun Council for Defence Enablement, Rosoboronexport sign strategic cooperation agreement in defense, security

Tawazun Council for Defence Enablement (Tawazun) and Rosoboronexport, (part of the Rostec State Corporation), have signed an MoU on the sidelines of Day One at Dubai Airshow 2025 to expand strategic cooperation in defence and security industries. The MoU was signed by Dr. Nasser Humaid Al...

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Business & Money | Tuesday 18 November, 2025 1:30 pm

Calidus, Indra sign agreement to establish first Integrated Regional Pilot Training Centre in UAE

Calidus Holding Group, one of the leading defence and manufacturing companies, and Indra Group, a world leader in information technology, aerospace, defence and mobility systems, signed a strategic teaming agreement to launch a joint partnership that will lead to the creation of a joint venture in...

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Business & Money | Tuesday 18 November, 2025 1:26 pm

Fastmarkets Middle East Iron & Steel 2025 opens in Dubai

The opening day of the 28th edition of Middle East Iron & Steel 2025 brought global attention to the major forces reshaping the iron and steel industry, as senior executives from across MENA, Europe, and Asia examined shifting trade flows, rising protectionism, and the accelerating push toward...

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Business & Money | Tuesday 18 November, 2025 1:23 pm

Abu Dhabi Infrastructure Summit showcases $55 billion in projects, partnership opportunities

The UAE–Türkiye session of the international roadshow for the Abu Dhabi Infrastructure Summit (ADIS) here showcased over $55 billion worth of major Abu Dhabi projects, highlighting the emirate’s commitment to developing an integrated, sustainable and future-ready urban infrastructure. The ...

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Business & Money | Tuesday 18 November, 2025 1:20 pm

Mohammed bin Rashid tours Dubai Airshow 2025

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, accompanied by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, today visited the exhibition area...

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