Business & Money | Wednesday 12 November, 2025 12:53 pm

Air Arabia reports record Q3 net profit of AED 656 million

Air Arabia (PJSC), the Middle East and North Africa's first and largest budget carrier operator, announced record financial and operational results for the third quarter and first nine months of 2025. Air Arabia’s net profit for the third quarter ending September 30, 2025, reached AED 656...

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Business & Money | Wednesday 12 November, 2025 12:35 pm

Empower commences operation of Deira Waterfront District Cooling Plant

Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, has commenced operations of its Deira Waterfront district cooling plant. The company stated that the plant has a total cooling capacity of 39,000 refrigeration tons (RT) and...

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Business & Money | Wednesday 12 November, 2025 9:22 am

Emirates REIT Announces Interim Dividend of USD 7.5 Million

Equitativa (Dubai) Limited has announced Emirates REIT’s intention to distribute an interim dividend of USD 7.5 million or USD 0.023499 per ordinary share for the six-month period ended 30 June 2025. The interim dividend represents the first dividend payment relating to the financial...

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Business & Money | Wednesday 12 November, 2025 9:22 am

Quara Finance officially launches digital financing solutions for ‘noon’ users

Quara Finance Co. announced the official launch of its partnership with noon E-commerce Marketing Solutions Co. (noon) on Nov. 11, whereby Quara offers financing services to users of noon platforms in the Kingdom. This follows the completion of a successful pilot phase, which began on Oct....

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Business & Money | Tuesday 11 November, 2025 4:01 pm

Reimagining Home Finance: Mortgage Financing Innovation Forum – Saudi Arabia 2025

The Mortgage Financing Innovation Forum – Saudi Arabia 2025, hosted by Newgen Software and organized by the International Center for Strategic Alliances (ICSA), took place on 10th November 2025 at the Narcissus Hotel, Riyadh.The forum brought together senior mortgage leaders, banking executives,...

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Business & Money | Tuesday 11 November, 2025 11:10 am

Call for Entries Issued for the 2026 Middle East & North Africa Stevie® Awards

Seventh Annual Program to Recognize Innovation in the Workplace in 18 MENA NationsFairfax, Virginia, USA – The Stevie® Awards, organizer of the world’s premier business awards programs, has issued a call for entries for the 2026 (seventh annual) Middle East & North Africa Stevie Awards,...

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Business & Money | Tuesday 11 November, 2025 8:41 am

Ministry of Finance launches 'Leaders of Finance' initiative

The Ministry of Finance (MoF) launched the “Leaders of Finance” initiative under the “Youth Financial Advisors” Programme, as part of its commitment to supporting national initiatives tailored to build a financially literate generation capable of leading the future and achieving the...

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Business & Money | Tuesday 11 November, 2025 8:30 am

Abu Dhabi Investment Office announces 29 strategic partnerships to accelerate commercialisation of autonomous mobility

Abu Dhabi Investment Office (ADIO) has announced 29 commercial deployment agreements for autonomous mobility technologies on the sidelines of Abu Dhabi Autonomous Summit, held as part of the inaugural Abu Dhabi Autonomous Week (ADAW). Marking a decisive moment in global smart mobility, the...

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Business & Money | Tuesday 11 November, 2025 8:26 am

Middle East Iron & Steel Conference to kick off in Dubai on 17 November

Dubai is preparing to host the Middle East Iron & Steel Conference 2025 from 17th to 19th November at Madinat Jumeirah, with the participation of more than 1,500 officials and experts from 60 countries to discuss the future of the steel industry. The conference comes at a time when the...

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Business & Money | Tuesday 11 November, 2025 8:25 am

DIP Angola signs 10 million sq.ft. land deal with UAE’s Reportage Group

Dubai Investments Park (DIP Angola), Angola’s first fully integrated economic zone developed by Dubai Investments, a leading investment company listed on the Dubai Financial Market, has announced that Emirates Reportage Development & Investment LLC, a leading UAE-based real estate developer,...

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