Business & Money | Thursday 23 October, 2025 3:54 pm

'Energy and Infrastructure' participates in regional workshop in Jordan

The Ministry of Energy and Infrastructure (MoEI) participated in the regional workshop on enhancing national and local capacities to address climate risks in water and transport infrastructure, held in the Jordanian capital, Amman. The workshop was organised by the Islamic Development Bank in...

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Business & Money | Thursday 23 October, 2025 3:52 pm

Active commercial licences in Ras Al Khaimah up 5.7% in Q3 2025

The number of active business licences in Ras Al Khaimah rose 5.7 percent in the third quarter of 2025 to 21,575, up from 20,408 a year earlier, according to Ras Al Khaimah Department of Economic Development. The department said the increase reflects the resilience of the RAK's business...

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Business & Money | Thursday 23 October, 2025 3:50 pm

Dubai Chambers opens registration for Mohammed Bin Rashid Al Maktoum Business Award

Dubai Chambers has opened the registration for the second cycle of the reimagined version of the Mohammed Bin Rashid Al Maktoum Business Award, the emirate’s leading recognition of corporate excellence supporting Dubai’s sustainable development. The award celebrates companies that...

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Business & Money | Thursday 23 October, 2025 3:49 pm

Dubai to host Gulfood Manufacturing 2025 with 2,500 exhibitors from 79 countries

Gulfood Manufacturing 2025 will return to the Dubai World Trade Centre from 4th to 6th November, recording a 32 percent growth from last year and marking its largest and most internationally diverse edition to date. The event will feature 2,500 exhibitors from 79 countries across 21 halls,...

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Business & Money | Thursday 23 October, 2025 12:53 pm

Adeer auctions Razon Al Musk hotel in Makkah for SAR 593.3M

Adeer Real Estate Co. announced the sale of Razon Al Musk hotel towers in Makkah, owned by Al Ahli Diyafa Real Estate Co., through a public auction held in Jeddah on Oct. 22. The property sold for SAR 593.3 million, Adeer said in a statement to Tadawul. The transaction is expected to have ...

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Business & Money | Thursday 23 October, 2025 12:40 pm

SISCO Holding’s GDI signs SPA to acquire Transcorp International for SAR 229.75M

Sustained Infrastructure Holding Co. (SISCO Holding) said its portfolio company, Green Dome Investments (GDI), signed a share purchase agreement (SPA) to acquire 100% of Transcorp International for AED 225 million (SAR 229.75 million). SISCO holds a 31.67% stake in GDI, the company said in a...

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Business & Money | Thursday 23 October, 2025 12:39 pm

Maaden signs SAR 391.1M EPCM deal with SABCO, Bechtel Australia

Saudi Arabian Mining Co. (Maaden) signed an engineering, procurement, and construction management (EPCM) services contract worth SAR 391.1 million ($104.3 million) with Saudi Arabian Bechtel Co. (SABCO) and Bechtel Australia Pty Ltd. In a statement to Tadawul, Maaden said the 39-month contract ...

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Business & Money | Wednesday 22 October, 2025 3:52 pm

78% of Middle East Women Business Leaders Confident in Growth, Yet Nearly Half Want Clearer AI and ESG Strategies: KPMG study

Female business leaders across the Middle East are turning global uncertainty into opportunity, with 78% expressing confidence in their companies’ growth prospects over the next three years. According to KPMG’s latest Middle East Female Leaders Outlook 2025 report, “A Call for Clarity,”...

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Business & Money | Wednesday 22 October, 2025 1:51 pm

‘Dubai Chamber’ trade missions reach 20 countries worldwide

Dubai Chamber of Commerce has expanded its trade missions to 20 countries worldwide, mainly across Asia and Africa, under its “New Horizons” initiative launched in early 2023 to support Dubai companies in exploring new global markets. Salem Alshamsi, Executive Vice President of...

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Business & Money | Wednesday 22 October, 2025 1:48 pm

Marjan, RAK Hospitality holding announce merger to shape future of Ras Al Khaimah

Marjan, the master developer of freehold properties in Ras Al Khaimah, and RAK Hospitality Holding (RAKHH), the government-owned investment and development arm in the emirate, have announced a landmark strategic merger to create a unified entity operating under Marjan. This strategic merger...

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