Government | Monday 29 December, 2025 10:11 am

SAMA directs to stop requesting promissory notes from individuals for credit card financing

The Saudi Central Bank (SAMA) directed finance companies to stop requesting promissory notes or any commercial paper from individual customers when offering credit card financing products. SAMA explained that this step comes after the recent spread of the practice of obtaining promissory notes ...

More Details

Business & Money | Monday 29 December, 2025 10:06 am

Dubai real estate enters 2026 with shift to logic-based buying

After another record-breaking year for Dubai real estate, the market is heading into 2026 with momentum-driven decisions giving way to logic-based buying, while luxury remains the most resilient sector.In an in-depth market report, fäm Properties says 2026 will be a year that rewards projects and...

More Details

Business & Money | Monday 29 December, 2025 10:04 am

Empower was recognised with the MAJRA Gold Impact Seal for its leading initiatives in Corporate Social Responsibility.

Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, has won the Gold Impact seal from the National CSR Fund (MAJRA), which is the highest federal recognition for sustainable practices in private companies, at the inaugural Impact...

More Details

Government | Monday 29 December, 2025 10:03 am

Dubai Courts is preparing to implement the decision regulating the fees of the Private Notary Public in the Emirate of Dubai during the coming month.

Dubai Courts announced its readiness to implement the decision on setting the fees of the Private Notary Public in the Emirate of Dubai, effective as of 2 January 2026. The decision aims to regulate the fees associated with the services provided. It also seeks to unify procedures and ensure the...

More Details

Business & Money | Monday 29 December, 2025 8:48 am

Ajman Department of Finance Organises the 2025 “Suppliers Forum” with Government Suppliers

As part of its commitment to strengthening strategic partnerships and fostering direct communication with its stakeholders, the Ajman Department of Finance organised the Suppliers Forum, bringing together representatives of suppliers to the Government of Ajman. The forum aimed to enhance engagement ...

More Details

Business & Money | Monday 29 December, 2025 8:42 am

The Luxe Developers appoints Aquapile Contracting for shoring and piling works at La Mazzoni

The Luxe Developers, a leading UAE-based real estate development firm, has appointed Aquapile Contracting to undertake the shoring and piling works for La Mazzoni, the company’s AED2.3 billion wellness-integrated luxury development on Al Marjan Island, Ras Al Khaimah. The appointment comes...

More Details

Business & Money | Monday 29 December, 2025 8:30 am

Raoom signs deal to acquire factory in Hail for SAR 15M

Raoom Trading Co. said it signed a deal on Dec. 28 to acquire an existing industrial operating asset in Hail Industrial City for SAR 15 million. The asset includes a glass factory along with its operational facilities and fixed assets, the company said in a statement to...

More Details

Business & Money | Sunday 28 December, 2025 10:05 am

The Ports, Customs and Free Zone Corporation Wins Two Gold Stevie® Awards for Sustainability and Leadership

The Ports, Customs and Free Zone Corporation (PCFC) has achieved a new global milestone by winning two Gold Stevie® Awards in the fields of sustainability and leadership, reaffirming its institutional excellence and global standing. This recognition comes in acknowledgment of the success of...

More Details

Business & Money | Sunday 28 December, 2025 9:59 am

Dubai Customs maintains "Best Workplace" accreditation for sixth consecutive year

Dubai Customs has cemented its global position in the field of workplace development, receiving the "Best Workplace" certification from the Great Place to Work institution for the sixth consecutive year, an achievement that confirms the sustainability of its institutional approach to empowering...

More Details

Government | Sunday 28 December, 2025 9:47 am

MOMAH seeks public input on regs for idle land law violations

The Ministry of Municipalities and Housing put forth the draft regulation for violations of the White Land Fees and Vacant Properties Law for public consultation on the “Istitlaa” platform until January 11, 2026. The draft regulation aims to enhance compliance with the White Land Fees and...

More Details