Business & Money | Monday 31 March, 2025 5:14 am

REGA CEO says real estate balance measures regulate market, achieve stability

Abdullah Alhammad, CEO of the Real Estate General Authority (REGA), praised Crown Prince Mohammed bin Salman's announcement regarding the approval of several measures to balance the real estate sector in Riyadh, the Saudi Press Agency reported.   The measures include lifting the...

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Business & Money | Monday 31 March, 2025 5:06 am

Emirates Publishers Association Sponsors Young Emirati Publishers at London and Bologna Book Fairs

The Emirates Publishers Association (EPA) continues to support and nurture the new generation of Emirati publishers, enabling them to represent the UAE at key international cultural forums and gain exposure to global best practices in the publishing industry. As part of this commitment, EPA has...

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Business & Money | Monday 31 March, 2025 5:05 am

CMA publishes study on evaluating compensation opportunities for affected parties

The Capital Market Authority (CMA) published a study on the "Assessment of Compensation Opportunities for Affected Parties in the Capital Market," which examines the increasing frequency of compensations arising from announcements of punitive decisions against violators of the Capital Market...

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Business & Money | Monday 31 March, 2025 4:58 am

Azizi Developments reaches 86% construction completion of Azizi Vista in Dubai Studio City

Azizi Developments, a leading private developer in the UAE, has announced that the construction of Azizi Vista in Dubai Studio City is now 86% complete. Located in one of Dubai’s most sought-after residential areas, the development is scheduled to be delivered in Q3 2025 and will feature studio,...

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Business & Money | Friday 28 March, 2025 7:04 am

UQDC partially repays credit facilities with Alinma Bank from IPO proceeds

Umm Al Qura for Development and Construction Co. (UQDC) used as much as SAR 1.5 billion from its recent initial public offering’s (IPO) net proceeds for the partial settlement of its existing credit facilities with Alinma Bank.   Accordingly, the repaid credit limits are to be...

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Business & Money | Friday 28 March, 2025 7:00 am

Modon and Elsewedy Industrial Development collaborate to launch industrial zone for Ras El Hekma, Egypt

Modon Holding P.S.C (“Modon”), an Abu Dhabi-based holding company, and Egypt’s Elsewedy Industrial Development have signed a letter of intent (LOI) to build and operate a new industrial zone servicing the Ras El Hekma city megaproject in Egypt. The 10 million sqm new industrial zone,...

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Business & Money | Friday 28 March, 2025 6:54 am

Over 50 speakers confirmed for Automechanika Riyadh Academy

Automechanika Riyadh, Saudi Arabia’s leading regional trade show for the automotive aftermarket industry, has confirmed over 50 high-profile expert speakers will take to the Automechanika Academy stage, highlighting the event’s role in shaping the future of Saudi Arabia’s automotive...

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Business & Money | Friday 28 March, 2025 6:53 am

The Department of Community Development in Abu Dhabi Launches the "Volunteer in 60 Seconds" Initiative in Collaboration with Volunteers.ae

The Department of Community Development (DCD) in Abu Dhabi, the regulatory authority of the social sector in the emirate, has launched the "Volunteer in 60 Seconds" initiative in collaboration with the Volunteers.ae platform. This initiative is designed to enhance the efficiency of the volunteer...

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Business & Money | Friday 28 March, 2025 6:52 am

Aqualia Transforms House Connection Management in Saudi Arabia, Achieving 89% Customer Satisfaction

Aqualia, a leading global water management company, has revolutionized house connection services in Saudi Arabia’s Northern Cluster through its collaboration with the National Water Company (NWC). By adopting an innovative strategy focused on efficiency, data-driven decision-making, and enhanced...

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Business & Money | Friday 28 March, 2025 12:12 am

BHM Capital Achieves Outstanding Financial Performance in 2024 Driven by Strong Revenue and Net Profit Growth

BHM Capital, the leading financial institution in the capital markets of the United Arabic Emirates, has announced remarkable financial performance for the year 2024, further solidifying its position as a key player in the industry. The company demonstrated significant growth across various...

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