Business & Money | Tuesday 2 December, 2025 8:14 am

SABIC to commence production at Fujian project in H2 2026: CEO

Abdulrahman Al-Fageeh, CEO of Saudi Basic Industries Corp. (SABIC), said that production at the Fujian project in China will begin in the second half of 2026. In statements to Al Arabiya Business, the top executive added that the project’s completion rate reached 87% by the end of Q3...

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Business & Money | Tuesday 2 December, 2025 8:00 am

Ajman secures Guinness World Record with 603-vehicle formation of 'EID AL ETIHAD UAE 54'

The Emirate of Ajman has marked a significant achievement by officially entering the Guinness World Records. This follows the successful formation of the world’s largest celebratory phrase using vehicles, where 603 automobiles were precisely arranged to spell out the message, “EID AL ETIHAD UAE ...

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Business & Money | Tuesday 2 December, 2025 7:51 am

OPEC deal rewards investors, believers in demand growth: Minister

Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, said that the OPEC agreement concluded on Nov. 30 rewards those who invest and believe in the existence of demand growth, placing producers in an advanced position among global peers. According to Al Ekhbariya TV, the...

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Business & Money | Monday 1 December, 2025 11:56 am

UAE participates at Egypt Defence Expo 2025, showcases leading national defence companies to international audiences

The United Arab Emirates will participate in the fourth edition of the Egypt Defence Expo (EDEX) 2025, held from December 1–4, 2025, at the Egypt International Exhibition Centre in Cairo, featuring leading national defence companies that will showcase their latest land, sea, and air defence and...

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Business & Money | Monday 1 December, 2025 11:52 am

UAE-Japan Women’s Friendship Committee convenes 21st Forum in Al Ain

Under the directives of H.H. Sheikha Fatima bint Mubarak, the Mother of the Nation, Chairwoman of the General Women's Union (GWU), President of the Supreme Council for Motherhood and Childhood (SCMC), and Supreme Chairwoman of the Family Development Foundation (FDF), the 21st UAE-Japan Women’s...

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Business & Money | Monday 1 December, 2025 11:50 am

NWC completes Jeddah South water projects and starts accepting customer requests

Represented by the Western Cluster, the National Water Company (NWC) announced the completion of the South Jeddah water projects through the implementation of three capital projects for the water sector. These projects include a network exceeding 250,000 meters and main lines exceeding 16,500...

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Business & Money | Monday 1 December, 2025 11:14 am

CEPA set to lift UAE–Cambodia non-oil trade beyond $1 billion by 2030

Neak Oknha Kith Meng, President of the Cambodia Chamber of Commerce, said that the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Cambodia, which entered into force earlier this year, provides "the foundational policy instrument designed to raise non-oil trade beyond US$1...

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Business & Money | Monday 1 December, 2025 11:10 am

UAE secures membership in IMO Council, Category B, for fifth consecutive time

The UAE has won membership in the International Maritime Organisation (IMO) Council under Category B for the fifth consecutive time. This accomplishment reaffirms the UAE’s well-deserved position among the elected states and its influential role in shaping the future of maritime transport...

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Business & Money | Monday 1 December, 2025 11:08 am

Sharjah launches 'BASE39', newest creative district integrating arts, technology

Sharjah today launched “BASE39”, the latest creative project emerging from the Sharjah Research, Technology and Innovation Park (SPARK). The inauguration was attended by Sheikha Bodour bint Sultan Al Qasmi, Chairperson of SPARK. BASE39 further cements Sharjah’s position as a capital of...

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Business & Money | Monday 1 December, 2025 10:50 am

UAE-Kazakhstan Joint Committee discusses cooperation in AI, space, energy

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure and Special Envoy of the UAE Minister of Foreign Affairs to Kazakhstan, and Zhaslan Madiyev, Deputy Prime Minister and Minister of Artificial Intelligence and Digital Development of the Republic of Kazakhstan, co-chaired the...

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