Business & Money | Wednesday 19 November, 2025 1:28 pm

Partnership between former Prime Minister of the United Kingdom and the Real Estate Future Forum

As part of preparations for the fifth edition of the Real Estate Future Forum, taking place in May 2025, Forum officials met in London with Baroness Theresa May, former Prime Minister of the United Kingdom and member of the House of Lords. The meeting was held during an international tour aimed at...

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Business & Money | Wednesday 31 December, 2025 10:56 am

TAQA, EWEC announce financial closing for 1GW Al Dhafra Power Plant

Abu Dhabi National Energy Company PJSC (TAQA), together with Emirates Water and Electricity Company (EWEC), on Tuesday announced the financial closing of AED3.6 billion 1GW Al Dhafra Power Plant, which will provide power to data centre projects and advance the UAE National Strategy for Artificial...

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Government | Wednesday 31 December, 2025 10:55 am

Sharjah Ruler approves 2026’s general budget of AED44.5 billion

His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has formally approved the general budget for the emirate, which encompasses total expenditures of approximately AED44.5 billion. This budget is designed to foster financial sustainability,...

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Government | Wednesday 31 December, 2025 10:52 am

FTA announces implementation of amendments to certain provisions of service fees from 1st January

The Federal Tax Authority (FTA) has announced the commencement of Cabinet Decision No. 174 of 2025 amending certain provisions of Cabinet Decision No. 65 of 2020 on the fees for services provided by the Federal Tax Authority, effective from 1st January 2026. The Authority explained that under...

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Business & Money | Wednesday 31 December, 2025 10:41 am

ADSW Summit 2026 to set stage for global systems transformation

Abu Dhabi Sustainability Week (ADSW) has announced the programme for the ADSW Summit 2026, focused on aligning government and industry leaders, investors and innovators to deliver system-wide action and accelerate sustainable progress. Under the ADSW 2026 theme “The Nexus of Next: All...

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Business & Money | Wednesday 31 December, 2025 10:39 am

Majra concludes 2025 with major sustainability, health, entrepreneurship initiatives

Majra –National CSR Fund concluded the fourth quarter of 2025 with a distinguished portfolio of achievements that underscored its continued evolutionary federal role in leading and structuring the corporate social responsibility ecosystem and the sustainable impact economy in the United Arab...

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Business & Money | Wednesday 31 December, 2025 10:39 am

International Defence Conference 2026 to spotlight intelligent autonomy, global security transformation in Abu Dhabi

The International Defence Conference (IDC) 2026 is set to take place on the eve of the seventh edition of the Unmanned Systems Exhibition and Conference (UMEX) and Simulation and Training Exhibition (SimTEX) 2026. Held under the patronage of H.H. Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan,...

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Business & Money | Wednesday 31 December, 2025 10:32 am

Alkhorayef Water wins SAR 155.1M project with Jeddah Municipality

Alkhorayef Water and Power Technologies Co. (AWPT) announced the award of a project with the Jeddah Municipality, with a total value of SAR 155.09 million, excluding value-added tax (VAT). In a statement to Tadawul, the company said it will carry out operation (cleaning) works for rainwater...

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Business & Money | Wednesday 31 December, 2025 10:24 am

Makkah Construction purchases land plot worth SAR 980M

Makkah Construction and Development Co. purchased a land plot in an auction, held in Makkah by Adeer Real Estate Co. on Sept. 30, for SAR 980 million, including commission fees and real estate tax. In a statement to Tadawul, the company said the land plot is located on Ajyad street, Makkah,...

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Business & Money | Wednesday 31 December, 2025 10:22 am

Masar inks MoU to set up private real estate fund with SAR 221M capital

Umm Al Qura for Development & Construction Co. (Masar) signed on Dec. 30 a non-binding memorandum of understanding to establish a real estate private fund. Al-Inma First Development Co. (SPV for Masar-owned Al-Inma Makkah Development Fund I) inked the deal with BIM Capital and Ajbal...

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Government | Wednesday 31 December, 2025 1:03 am

Council of Economic and Development Affairs reviews key topics, reports

The Council of Economic and Development Affairs held a meeting via video conference today, during which it reviewed a number of key topics and reports.  During the meeting, the council followed up on several procedural matters, including draft laws on general education, consumer...

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