Business & Money | Saturday 22 March, 2025 5:56 pm

IA studies cancelling medical approvals: CEO

The Insurance Authority (IA) and other relevant entities and experts, are studying to cancel approvals for health insurance services. This move aims to make it easier for beneficiaries and avoid late approvals, Alriyadh newspaper reported, citing CEO Naji Al-Tamimi.   There are some...

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Business & Money | Saturday 22 March, 2025 5:50 pm

Abeer Alaql named CEO of Royal Commission for AlUla

The Royal Commission for AlUla (RCU) appointed Abeer Alaql as  CEO, the state-run Saudi Press Agency.   Alaql was appointed as Acting CEO of RCU in late January 2024. She  joined RCU in 2017 and held several leadership positions, most recently as Head of the...

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Business & Money | Thursday 20 March, 2025 1:48 pm

Deloitte Middle East report: Gulf Sovereign Wealth Funds lead global growth as assets forecast to reach USD 18 tn by 2030

 A new Deloitte Middle East report reveals Gulf Sovereign Wealth Funds (SWFs) continue to dominate the global investment landscape, spearheading an industry-wide expansion that has pushed total assets under management globally to $12 trillion by the end of 2024 and forecast to reach $18...

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Business & Money | Thursday 20 March, 2025 11:27 am

Etihad Airways, Ethiopian Airlines launch strategic JV, new flights between Addis Ababa and Abu Dhabi

The national airlines of the United Arab Emirates and Ethiopia have joined forces in a landmark Joint Venture (JV) that will transform connectivity between Africa, the Middle East, and Asia. Signed today at Ethiopian Airlines' headquarters in Addis Ababa, this strategic partnership also includes a...

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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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