Business & Money | Sunday 13 April, 2025 8:00 am

Abu Dhabi Customs wins first place in Global Customs Innovation Award

Abu Dhabi Customs has secured first place in the 2024 Global Customs Innovation Award in the category of “Innovations in Customs Use Today,” presented by the Pan-European Network of Customs Practitioners (PEN-CP). The award recognises the Data Hub and Future Reporting Advancement (DHAFRA)...

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Business & Money | Sunday 13 April, 2025 8:00 am

AED70 billion foreign trades on ADX in Q1; net investments surge 151 %

Abu Dhabi Securities Exchange (ADX) posted strong performance in the first quarter of 2025 compared to the same period in 2024, driven by significant increases in liquidity and investment activity, particularly from foreign and institutional investors. According to ADX data, the value of...

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Business & Money | Sunday 13 April, 2025 8:00 am

Dubai WoodShow to open Monday with 781 exhibitors from over 50 countries

The 21st edition of Dubai WoodShow opens on Monday, at Dubai World Trade Centre. Running through 16th April, the three-day exhibition will feature 781 exhibitors from over 50 countries, reflecting the sector’s growing global significance. This year’s edition includes 12 dedicated...

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Business & Money | Sunday 13 April, 2025 8:00 am

Ministry of Economy signs MoU with SGS Gulf Limited to enhance quality control over food, consumer products

The Ministry of Economy announced the signing of a Memorandum of Understanding (MoU) with SGS Gulf Limited to enhance cooperation in monitoring the quality of food and consumer products in the country's markets and ensuring their compliance with the highest safety standards. The MoU also aims...

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Business & Money | Thursday 10 April, 2025 2:19 pm

Dubai Airports trains 45,000 employees in autism-inclusive practices

Dubai Airports has expanded its autism-inclusive training programme, equipping 45,000 employees - across the wider airport community, including partners and stakeholders - to better assist autistic and sensory-sensitive travellers navigating Dubai International (DXB) and Dubai World Central – Al...

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Business & Money | Thursday 10 April, 2025 2:17 pm

Investopia, Deutsche Bank highlight UAE’s evolving business environment

Investopia and Deutsche Bank organised an exclusive conference to highlight recent developments in the UAE's business environment and explore investment opportunities across key sectors—particularly in retail, manufacturing, tourism, technology and other sectors of the new economy. The...

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Business & Money | Thursday 10 April, 2025 2:15 pm

Strategic Development Fund, QuantCube Technology to support AI economic intelligence in UAE

Strategic Development Fund (SDF), an Abu Dhabi based investment company wholly owned by EDGE Group, and QuantCube Technology, a Paris-based expert in real-time macroeconomic intelligence, announced today that they have entered into an agreement to establish a joint venture in Abu Dhabi. The...

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Business & Money | Thursday 10 April, 2025 2:05 pm

Diriyah awards SAR 4B Opera House contract to contractor Consortium

Saudi gigaproject developer Diriyah Co. awarded a SAR 4 billion contract for the construction of the Royal Diriyah Opera House to a consortium of contractors, according to MEED magazine.  The contract was granted to a consortium comprising El-Seif Engineering & Contracting and...

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Business & Money | Thursday 10 April, 2025 1:59 pm

ZATCA approves new real estate tax rules

Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) approved today, April 9, the executive regulations for the Real Estate Transaction Tax (RETT). The new rules, made up of 15 articles, will take effect on April 10, 2025. The regulation aims to establish a clear legal framework for RETT, ...

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Business & Money | Thursday 10 April, 2025 1:56 pm

Energy Minister unveils 8 Arabian oil, 6 natural gas discoveries in Saudi Arabia

Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz announced that Saudi Aramco has made 14 new discoveries of Arabian oil and natural gas fields and reservoirs in the Eastern Province and the Empty Quarter. These new discoveries consisted of six fields and two reservoirs for Arabian...

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