Business & Money | Tuesday 28 July, 2026 3:56 pm

DIFC records industry-leading achievements in H1 2026

Dubai International Financial Centre (DIFC) on Tuesday announced its industry-leading performance, driven by continued global confidence in Dubai as a destination for finance, business and innovation. The number of DIFC active registered companies rose to 10,018 at the end of the first half of ...

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Business & Money | Tuesday 28 July, 2026 2:58 pm

Masdar, EPCG advance 2GW partnership in Montenegro with first solar and energy-storage projects

Abu Dhabi Future Energy Company PJSC – Masdar and Elektroprivreda Crne Gore (EPCG), Montenegro’s national power utility, have advanced their strategic partnership into project execution with agreements covering 150 megawatts (MW) of solar capacity and the potential development of over 400MW of...

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Business & Money | Monday 27 July, 2026 5:08 pm

PIF ‘major investor’ in Brookfield’s new PE fund, $2B raised

Brookfield announced today the first close of PIF-anchored Brookfield Middle East Partners (BMEP), a new private equity fund dedicated to investing in businesses based in Saudi Arabia and the wider Middle East region. The private equity fund raised approximately $2 billion from a group of...

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Business & Money | Monday 27 July, 2026 3:18 pm

RCRC completes preliminary northeast Riyadh master plan

The Royal Commission for Riyadh City (RCRC) completed the preliminary master plan for a 456-square-kilometer (sq km) area northeast of Riyadh, near King Khalid International Airport, Wadi Al Sulay and the Dammam and Al Janadriyah roads. The plan outlines proposed land uses under a long-term...

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Business & Money | Monday 27 July, 2026 3:06 pm

Over 34,000 building permits issued during H1 2026: MOMAH

The Ministry of Municipalities and Housing (MOMAH) issued more than 34,000 building permits across Saudi Arabia’s various regions during the period from January through the end of June 2026, according to the Saudi Press Agency (SPA). Residential permits accounted for the largest share of the ...

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Business & Money | Monday 27 July, 2026 1:47 pm

Khalifa Fund, Hub71 award Emirati startup founders up to AED100,000

Khalifa Fund for Enterprise Development (KFED) and Hub71, Abu Dhabi's global tech ecosystem, hosted the first MZN Hub71 Demo Day, bringing together the inaugural cohort of 17 Emirati founders, who presented startups developed through the three-month programme. The MZN Hub71 programme Demo Day...

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Business & Money | Monday 27 July, 2026 1:44 pm

DP World completes dredging ahead of schedule at Senegal’s Port of Ndayane

DP World has reached a major construction milestone at the Port of Ndayane with the completion of major dredging works 13 months ahead of schedule, marking one of the most significant engineering milestones in the development of Senegal’s future deep-water port. More than 1,000 people are...

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Business & Money | Monday 27 July, 2026 1:42 pm

DET, Julius Baer launch alliance to advance Dubai's position as global hub for private wealth

The Dubai Department of Economy and Tourism (DET) has signed a strategic agreement with Swiss wealth manager Julius Baer (Middle East) Ltd. to mobilise its global network and support the growing interest among international investors, business owners, and family offices in establishing and...

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Business & Money | Monday 27 July, 2026 1:41 pm

Ajman Chamber, South African Consulate discuss strengthening economic cooperation

Salem Al Suwaidi, Director-General of Ajman Chamber of Commerce & Industry, met with Ndhuma Richard, Acting Head of the South African Consulate, to discuss ways of strengthening economic cooperation, expanding bilateral trade and investment, and exploring opportunities for cooperation in the...

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Business & Money | Monday 27 July, 2026 1:38 pm

du powers UAE’s first sovereign cloud platform through National Hypercloud for Dubai Taxi Company

du has announced the successful deployment of its du Tech's National Hypercloud platform for Dubai Taxi Company PJSC (DTC), a leading provider of comprehensive mobility solutions and Dubai's largest taxi operator. The milestone marks the completion of the UAE transport sector's first...

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