Business & Money | Thursday 20 March, 2025 11:25 am

DP World expands electric freight operations at Jebel Ali Port

DP World has launched a cutting-edge electric freight solution at Jebel Ali Port in partnership with Einride, marking a major step towards decarbonising terminal operations. Now running around-the-clock, the first wave of the electric fleet is set to move over 204,000 twenty-foot containers...

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Business & Money | Thursday 20 March, 2025 11:23 am

EDGE expands naval capabilities through multi-billion Euro joint venture with CMN NAVAL

EDGE, one of the world’s leading advanced technology and defence groups, and CMN NAVAL, a world-renowned naval shipbuilding group specialising in the design, engineering, and construction of superior naval and commercial vessels, and mega yachts, have formally agreed to create a new Abu...

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Business & Money | Thursday 20 March, 2025 11:21 am

SAEED Centre expands with new SRTIP branch to drive investment, accelerate business growth

To reinforce the gains from the emirate’s 44 percent surge in foreign direct investment (FDI) in 2024, the Sharjah Investors Services Center (SAEED) has opened a new branch at the Sharjah Research, Technology and Innovation Park (SRTIP). The expansion aims to streamline business setup,...

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Business & Money | Thursday 20 March, 2025 11:14 am

UAE-U.S. strategic partnership ushers in new era: Cybersecurity Chief

Dr. Mohamed Al Kuwaiti, Head of the UAE Cybersecurity Council (CSC), affirmed that UAE-U.S. relations are witnessing the beginning of a new chapter of effective strategic partnership across various fields and sectors, particularly in artificial intelligence, advanced technology, and...

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Business & Money | Thursday 20 March, 2025 11:11 am

UAE, Tunisia launch CEPA negotiations

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Samir Obeid, Minister of Trade and Export Development of Tunisia, have announced the start of negotiations towards a Comprehensive Economic Partnership Agreement (CEPA) aimed at strengthening trade and investment ties between...

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Business & Money | Thursday 20 March, 2025 10:57 am

ADQ, Energy Capital Partners to establish $25 billion US-based investment partnership

ADQ, an active sovereign investor with a focus on critical infrastructure and global supply chains, and Energy Capital Partners (ECP), the largest private owner of power generation and renewables in the USA, have entered into an agreement to establish a 50-50 partnership in new build power...

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Business & Money | Thursday 20 March, 2025 10:55 am

GCC imposes anti-dumping tariff on Chinese aluminum imports

A ministerial committee, comprising industry ministers from the Gulf Cooperation Council (GCC), approved a recommendation of the Permanent Committee for Combating Harmful Practices in International Trade of GCC countries to impose definitive anti-dumping duties on imports of coated or colored...

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Business & Money | Thursday 20 March, 2025 10:52 am

AlJazira Takaful secures IA approval to renew insurance license

AlJazira Takaful Taawuni Co. received approval today, March 19, from the Insurance Authority (IA) to renew its license to operate in Saudi Arabia, covering general, health, and protection & savings insurance. In a statement to Tadawul, the insurer said the renewal is valid for...

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Business & Money | Thursday 20 March, 2025 10:51 am

Bold and bigger deals fuel transformative growth in the region: PwC’s 2025 TransAct Middle East report

PwC Middle East has released its latest TransAct Middle East report titled, Bold moves: Big bets, bigger growth, highlighting key mergers and acquisitions (M&A) in the Middle East in 2024. According to the report, the region’s dealmaking landscape was driven by a growing emphasis on...

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Business & Money | Thursday 20 March, 2025 10:46 am

Saudi Arabia offers construction tenders for 5 agricultural cities to private sector

Ministry of Environment, Water, and Agriculture launched construction tenders for five agricultural city projects in Al-Baha, through Furas platform. These tenders include the establishment of an agricultural city for prickly pears and another four for coffee, according to a ministerial...

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