Business & Money | Thursday 27 March, 2025 1:13 pm

SHL renews SAR 200M credit facilities with Bank AlJazira

SHL Finance Co. renewed on March 26 a Shariah-compliant credit facility agreement worth SAR 200 million with Bank AlJazira.   SHL will use the five-year financing to expand and boost sales volumes, in line with its plans and future strategy, according to a statement to...

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Business & Money | Thursday 27 March, 2025 1:08 pm

MEPCO to acquire Al-Medan Project in SAR 91M deal, issue new shares

Middle East Paper Manufacturing and Production Co. (MEPCO) signed today, March 27, a share purchase agreement to acquire full ownership of Al-Medan Project Company for Corrugated Carton (MPCCC). The deal includes purchasing 1,000 ordinary shares, representing the entire capital of the MPCCC,...

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Business & Money | Thursday 27 March, 2025 11:59 am

The Nautical Institute to hold AGM & conference during Seatrade Maritime Logistics ME

Leading maritime authority, The Nautical Institute, today announced that its Annual General Meeting (AGM) and Technical Conference will both take place during UAE Maritime Week for the first time.  Planned to take place at the flagship event, Seatrade Maritime Logistics Middle East 2025...

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Environment & Energy | Thursday 27 March, 2025 11:53 am

Masdar Completes the Acquisition of Valle Solar, One of the Largest Solar Projects in Spain’s Valencia Region

Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today the investment through its subsidiary Saeta of one of the largest solar PV projects in Spain’s Valencia region, Valle Solar. This landmark project, initially promoted by the joint...

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Business & Money | Thursday 27 March, 2025 11:48 am

"Drake and Scull" Achieves Major Turnaround: AED 3.76 billion Profit

Drake and Scull International PJSC (DSI), specializing in contracting services for mechanical, electrical, and plumbing (MEP), as well as oil and gas, water and wastewater treatment projects, announced its financial results for the year ended December 31, 2024, reflecting a significant turnaround...

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Technology & IT | Thursday 27 March, 2025 11:38 am

Celebrate Eid with HONOR and Enjoy Huge Discounts Up to SAR 900 on Smartphones & Tablets!

 In celebration of Eid, HONOR is offering exceptional discounts on a range of its top smartphones and tablets, with savings up to 28%, making cutting-edge technology more accessible than ever. Whether you’re looking for a high-performance flagship smartphone, a powerful mid-range device, or...

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Business & Money | Thursday 27 March, 2025 11:37 am

Sharjah Digital Department Sets Regional Benchmark With Circularo Award for Digital Transformation

In a milestone that underscores Sharjah’s leadership in innovation and digital sustainability, the Government of Sharjah, represented by the Sharjah Digital Department, received the Circularo Award for Digital Transformation in Information Technology for its excellence in implementing e-signature ...

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Business & Money | Thursday 27 March, 2025 11:05 am

MobilDeniz becomes the first banking application integrated with Apple Vision Pro in Türkiye

DenizBank has become the first bank to carry its mobile application to Apple Vision Pro in Türkiye in cooperation with its technology subsidiary Intertech and digital solution partner Commencis. İstanbul - Empowered with visionOS which is the first spatial operation system in the world,...

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Technology & IT | Thursday 27 March, 2025 10:14 am

NTT DATA Business Solutions Expands Presence in UAE with Stronger Regional Leadership

Leading global technology service provider NTT DATA Business Solutions expands operations in the META Region with experienced leadership team.DUBAI — NTT DATA Business Solutions, one of the world’s top 6 IT solution providers, is proud to announce a significant expansion in its operations and...

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Cars & Autos | Thursday 27 March, 2025 9:55 am

The Roadmap to 100 Percent Electric Taxis in the UAE by 2040

The UAE has a plan to switch every taxi in the country to run on electricity or clean energy. In Dubai, the Roads and Transport Authority wants 30% of taxis to be electric or hydrogen-powered by 2030. That number might jump to 50% by 2035. And by 2040? Full transition.  Here’s a closer...

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