Business & Money | Thursday 23 October, 2025 3:49 pm

Dubai to host Gulfood Manufacturing 2025 with 2,500 exhibitors from 79 countries

Gulfood Manufacturing 2025 will return to the Dubai World Trade Centre from 4th to 6th November, recording a 32 percent growth from last year and marking its largest and most internationally diverse edition to date. The event will feature 2,500 exhibitors from 79 countries across 21 halls,...

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Tourism & Hospitality | Thursday 23 October, 2025 3:00 pm

Ryanair Launches Record Winter Schedule to Amman and Unveils Major Investment Plan for Jordan

Europe’s No.1 airline to deliver 300,000 seats, expand routes to Marka and Aqaba, and boost annual traffic to 3 million passengers. Amman, Jordan – Ryanair, Europe’s No.1 airline, today announced a record Winter schedule for Amman, offering over 300,000 seats across 18 destinations and...

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Business & Money | Thursday 23 October, 2025 12:53 pm

Adeer auctions Razon Al Musk hotel in Makkah for SAR 593.3M

Adeer Real Estate Co. announced the sale of Razon Al Musk hotel towers in Makkah, owned by Al Ahli Diyafa Real Estate Co., through a public auction held in Jeddah on Oct. 22. The property sold for SAR 593.3 million, Adeer said in a statement to Tadawul. The transaction is expected to have ...

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Business & Money | Thursday 23 October, 2025 12:40 pm

SISCO Holding’s GDI signs SPA to acquire Transcorp International for SAR 229.75M

Sustained Infrastructure Holding Co. (SISCO Holding) said its portfolio company, Green Dome Investments (GDI), signed a share purchase agreement (SPA) to acquire 100% of Transcorp International for AED 225 million (SAR 229.75 million). SISCO holds a 31.67% stake in GDI, the company said in a...

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Business & Money | Thursday 23 October, 2025 12:39 pm

Maaden signs SAR 391.1M EPCM deal with SABCO, Bechtel Australia

Saudi Arabian Mining Co. (Maaden) signed an engineering, procurement, and construction management (EPCM) services contract worth SAR 391.1 million ($104.3 million) with Saudi Arabian Bechtel Co. (SABCO) and Bechtel Australia Pty Ltd. In a statement to Tadawul, Maaden said the 39-month contract ...

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Business & Money | Wednesday 22 October, 2025 3:52 pm

78% of Middle East Women Business Leaders Confident in Growth, Yet Nearly Half Want Clearer AI and ESG Strategies: KPMG study

Female business leaders across the Middle East are turning global uncertainty into opportunity, with 78% expressing confidence in their companies’ growth prospects over the next three years. According to KPMG’s latest Middle East Female Leaders Outlook 2025 report, “A Call for Clarity,”...

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Tourism & Hospitality | Wednesday 22 October, 2025 1:52 pm

Over 5 million passengers travel through Sharjah Airport in Q3 2025

Sharjah Airport has reported robust operational growth in the third quarter of 2025, with the number of passengers rising to 5,127,120, marking a 16.7 percent increase compared to the same period in 2024, which saw 4.39 million passengers. These figures reaffirm the airport’s position as a...

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Business & Money | Wednesday 22 October, 2025 1:51 pm

‘Dubai Chamber’ trade missions reach 20 countries worldwide

Dubai Chamber of Commerce has expanded its trade missions to 20 countries worldwide, mainly across Asia and Africa, under its “New Horizons” initiative launched in early 2023 to support Dubai companies in exploring new global markets. Salem Alshamsi, Executive Vice President of...

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Business & Money | Wednesday 22 October, 2025 1:48 pm

Marjan, RAK Hospitality holding announce merger to shape future of Ras Al Khaimah

Marjan, the master developer of freehold properties in Ras Al Khaimah, and RAK Hospitality Holding (RAKHH), the government-owned investment and development arm in the emirate, have announced a landmark strategic merger to create a unified entity operating under Marjan. This strategic merger...

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Business & Money | Wednesday 22 October, 2025 1:45 pm

ADGM’s Numou launches ‘Procurement Financing’ initiative to enhance SME funding access

Numou, a subsidiary of ADGM, the international financial centre of Abu Dhabi, has launched Procurement Financing, a flagship initiative that enables SMEs with government or corporate contracts to seamlessly access funding. The new solution links guaranteed contract demand with accessible...

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