Business & Money | Monday 20 October, 2025 10:37 am

Rail transport ‘key’ for national development, economic support: Minister

Minister of Transport and Logistics Services Saleh Al-Jasser stated that rail transport through modern trains is a fundamental pillar of development and a key driver of the national economy. This is because it facilitates trade and mining activities; expands sustainable transport options to...

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Business & Money | Monday 20 October, 2025 10:33 am

Abu Dhabi Department of Energy signs agreement with Google Cloud at GITEX Global 2025, advancing digital transformation in energy sector

The Abu Dhabi Department of Energy (DoE) and Google Cloud have signed an agreement to explore a strategic collaboration aimed at leveraging Google Cloud’s capabilities to support advancing digital transformation and innovation across the emirate’s energy sector. The signing of the...

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Business & Money | Monday 20 October, 2025 10:32 am

Compliance key to banking industry, sustainable development: UAE Banks Federation

UAE Banks Federation (UBF) has reaffirmed the importance of compliance with all laws and regulations governing the banking and financial sector, emphasising that it is a key to the banking industry and sustainable development. The Federation stressed the critical role of adhering to legal and...

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Business & Money | Monday 20 October, 2025 9:25 am

Majra discusses progress of social responsibility initiatives, sustainable impact plans across UAE

The Board of Trustees of the National CSR Fund – Majra held its second meeting of 2025, chaired by Abdulla bin Touq Al Marri, Minister of Economy and Tourism and Chairman of the Board. The meeting addressed key agenda items, including updates on Majra’s strategic performance indicators,...

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Business & Money | Monday 20 October, 2025 9:23 am

Abu Dhabi Chamber champions emirate’s agriculture, food companies at ADIFE

The Abu Dhabi Chamber of Commerce and Industry (ADCCI) will participate in Abu Dhabi International Food Exhibition (ADIFE) 2025, held from 21st to 23rd October at the ADNEC Centre Abu Dhabi as part of Global Food Week. The Chamber’s programme is designed to empower national small and medium...

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Business & Money | Monday 20 October, 2025 9:19 am

UAE advances global climate leadership at G20 ECSWG Ministerial Meeting, launches agri-business collaboration with South Africa

Dr Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, led a high-level UAE delegation on a strategic visit to Cape Town, South Africa. She took part in the G20 Environment and Climate Sustainability Working Group (ECSWG) Ministerial Meeting and launched the UAE-South...

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Business & Money | Monday 20 October, 2025 9:16 am

Ruwad approves funding for three new Sharjah projects worth AED 1.8 million

The Sharjah Entrepreneurship Foundation (Ruwad),affiliated with the Sharjah Economic Development Department (SEDD), has approved funding for three projects in the Emirate, totalling AED 1.8 million. This was announced during the 38th meeting of the Foundation’s Project Financing Committee,...

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Business & Money | Monday 20 October, 2025 9:15 am

Sumou signs SAR 135M infrastructure development deal in Jeddah

Sumou Real Estate Co. signed on Oct. 19 a management, development, and implementation agreement for infrastructure works at a project in Jeddah’s Obhur Al Shamaliyah district, covering a total area of 960,000 square meters. The agreement was signed with Diyar Real Estate Development Fund...

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Business & Money | Sunday 19 October, 2025 2:52 pm

REGA detects 18 violations in rental relationship regs in Riyadh

The Real Estate General Authority (REGA) announced that it has detected a number of violations of rental relationship regulations in Riyadh, as part of its oversight efforts to ensure compliance with regulations and maintain balance in the market. The authority received 268 reports, with...

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Business & Money | Sunday 19 October, 2025 2:43 pm

Almajed Oud executes SAR 200M Islamic facility agreement with Al Rajhi Bank

Almajed Oud Co. activated on Oct. 16 a Shariah-compliant credit facility agreement inked with Al Rajhi Banking & Investment Corporation for SAR 200 million, according to a statement to Tadawul. The 12-month, renewable deal is guaranteed by a forward-sale agreement and a promissory...

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