Business & Money | Sunday 16 March, 2025 12:12 pm

DPW and DAW Reinforce Shared Vision for Sustainable Infrastructure with Strategic PRC Facility Visit

The Department of Public Works (DPW) and Dar Alwd Construction (DAW) reaffirmed their shared commitment to sustainable, high-performance infrastructure solutions during a strategic visit to the PRC manufacturing facility in Qatar.  The visit provided key insights into material innovation, ...

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Business & Money | Sunday 16 March, 2025 12:09 pm

DAE signs definitive agreements to acquire 17 aircraft for $1.0 bln

Dubai Aerospace Enterprise (DAE) Ltd today announced that it had recently signed agreements with multiple counterparties to acquire 17 aircraft for an aggregate consideration of approximately US$1.0 billion. This portfolio comprises 100 percent next-generation aircraft, of which 89 percent are ...

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Business & Money | Sunday 16 March, 2025 12:07 pm

Sharjah real estate transactions hit AED3.5 billion in February

The monthly statistical data issued by the Sharjah Real Estate Registration Department revealed that the volume of real estate transactions across various regions and cities in Sharjah amounted to AED3.5 billion during February 2025, with a total of 7,768 transactions. The total area traded in ...

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Business & Money | Sunday 16 March, 2025 11:50 am

ADDED conducts 965 inspections since beginning of Ramadan

The Abu Dhabi Registration and Licensing Authority (ADRA), the business sector regulatory arm of the Abu Dhabi Department of Economic Development (ADDED), has carried out 965 field visits to inspect commercial establishments across Abu Dhabi since the beginning of Ramadan. The inspections aim...

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Business & Money | Sunday 16 March, 2025 11:30 am

ADNEC Group contributed record AED 8.5 bn to UAE economy in 2024

ADNEC Group has delivered the highest economic impact in its history, contributing AED8.5 billion to the UAE economy and surpassing the AED7.4 billion achieved in 2023. This milestone highlights the group’s growing role in driving economic growth and supporting the UAE’s strategic objective of...

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Business & Money | Sunday 16 March, 2025 11:24 am

UAE Steel Producers Committee inaugurates its new headquarters in Abu Dhabi

The UAE Steel Producers Committee (SPC) celebrated the opening of its new headquarters in the capital, Abu Dhabi, at “Aldar Building,” with the attendance of Juma Al Kait, Assistant Undersecretary of Foreign affairs, Ministry of Economy. In attendance also were Eng.Saeed Al Ghafri,...

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Business & Money | Friday 14 March, 2025 7:35 am

Riyadh Metro Line 7 bid deadline extended to June 15: MEED

The Royal Commission for Riyadh City (RCRC) extended the deadline for companies to submit their bids for the design and construction contract of the Riyadh Metro Line 7 until June 15, MEED magazine reported. RCRC initially issued the request for proposals (RFP) to selected companies in...

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Business & Money | Friday 14 March, 2025 7:33 am

Tadawul OKs termination of Jahez market-making deal with SNB Capital

The Saudi Exchange (Tadawul) approved SNB Capital’s request to terminate its market-making agreement with Jahez International Co. for Information System Technology. In a statement to Tadawul, the company said the termination took effect on March 12. According to data available on...

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Business & Money | Friday 14 March, 2025 7:26 am

Kaspersky uncovers cybercriminals blackmailing YouTube creators to spread cryptocurrency mining malware

Cybercriminals are targeting popular YouTube creators with fake copyright claims, forcing them to distribute cryptocurrency mining malware disguised as internet restriction bypass tools to thousands of viewers. Kaspersky Global Research and Analysis Team (GReAT) researchers have uncovered a...

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Business & Money | Friday 14 March, 2025 7:24 am

NWC completes water and environmental projects in Al Kharj and Al Sulayel at SR +210m

The National Water Company (NWC), represented by its Central Cluster, announced the completion of three water and sanitation projects in the governorates of Al-Kharj and Al-Sulayel in the Riyadh region. The total cost is more than 210 million Saudi Riyals, including the construction of lines and...

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