Business & Money | Tuesday 18 March, 2025 10:40 am

Ruwad approves funding for 4 new projects worth AED720,000

The Project Funding Committee of the Sharjah Foundation to Support Pioneering Entrepreneurs (Ruwad) has approved funding for four new small businesses with a total value of AED720,000. These approvals were based on the 32nd and 33rd meetings of the committee, held in January and March 2025,...

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Business & Money | Tuesday 18 March, 2025 10:38 am

Sharjah’s AED25 billion coastal development to enhance emirate's real estate landscape

The real estate sector in Sharjah is undergoing a major transformation with the launch of the Ajmal Makan City – Sharjah Waterfront project in Al Hamriyah, a coastal development valued at AED25 billion (US$6.8 billion). The project spans over 60 million square feet and features a mix of...

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Business & Money | Tuesday 18 March, 2025 10:27 am

UL Solutions and Aramco Plan to Collaborate on Joint Projects to Help Enhance Safety in Saudi Arabia

UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced its collaboration with Aramco, one of the world’s leading integrated energy and chemicals companies, to explore opportunities to enhance safety through Aramco’s In-Kingdom Total Value Add (IKTVA) goals, which...

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Business & Money | Tuesday 18 March, 2025 10:23 am

Investors gain AED715 million from three Downtown Dubai land sales

Three plots of land in Downtown Dubai have been sold for a combined profit of AED715 million, highlighting the incredible growth and investment potential of the city’s real estate market. The three transactions, all completed within the space of five days last month, brought individual...

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Business & Money | Tuesday 18 March, 2025 10:19 am

Checkout.com and Tabby Partner to Expand BNPL Solutions for Retailers in the UAE and Saudi Arabia

 Checkout.com, a leading global digital payments solutions provider, has partnered with Tabby, the financial services and shopping app, to offer flexible and high-performing payment solutions to merchants in the UAE and Saudi Arabia. This partnership integrates Tabby’s popular BNPL solutions ...

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Business & Money | Monday 17 March, 2025 12:40 pm

RELEX Forum Riyadh highlights AI’s role in Saudi Vision 2030 and retail growth

RELEX Solutions, hosting its first Middle East event, brought together industry leaders to discuss AI-driven advancements in retail and supply chain planning. RELEX Forum Riyadh underscored the company’s commitment to helping businesses in the region enhance efficiency, reduce waste, and align...

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Business & Money | Monday 17 March, 2025 10:20 am

Tabreed, Dubai Holding enter agreement to provide district cooling to Palm Jebel Ali

National Central Cooling Company (Tabreed) and Dubai Holding Investments, part of Dubai Holding, have entered a concession agreement to provide district cooling services for Palm Jebel Ali in Dubai. The agreement establishes a joint venture, with Tabreed holding a 51 percent stake and Dubai...

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Business & Money | Monday 17 March, 2025 10:16 am

UOS, DAVAS Prime form research partnership

Under the patronage of Prof. Hamid M.K. Al Naimiy, Chancellor of the University of Sharjah (UOS), a collaborative research agreement has been formalised between the University of Sharjah and DAVAS Prime Middle East Manufacturing. The agreement aims to foster research collaboration focused on...

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Business & Money | Monday 17 March, 2025 10:13 am

Shalfa signs SAR 75M credit facilities with SAIB

Shalfa Facilities Management Co. signed on March 16 a Shariah-compliant credit facilities agreement worth SAR 75 million with The Saudi Investment Bank (SAIB). The financing period will end on Feb. 28, 2026, and will be covered by a promissory note, the company said in a statement on...

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Business & Money | Monday 17 March, 2025 10:09 am

National Building says major shareholder to transfer 2M shares to subsidiary

National Building and Marketing Co. (NBM) said that Fahad Al Thunayan, who owns 64.61% of the company’s shares, will transfer two million shares to the investment portfolio of Ethraa Holding Co., a closed joint stock company. The restructure will involve...

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