Business & Money | Monday 27 April, 2026 12:11 pm

MOCCAE, ADQCC sign agreement to enhance biosecurity cooperation

The Ministry of Climate Change and Environment (MOCCAE) and Abu Dhabi Quality and Conformity Council (ADQCC) signed a Memorandum of Understanding (MoU) to enhance biosecurity cooperation during the Emirates Agriculture Conference and Exhibition 2026. The agreement was signed by Mohammed Saeed...

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Business & Money | Monday 27 April, 2026 12:09 pm

UAE ranks first globally in GEM report for fifth year

The UAE has maintained its global leadership in entrepreneurship, ranking first worldwide for the fifth consecutive year in the Global Entrepreneurship Monitor (GEM) 2025/2026 report. The UAE outperformed many advanced economies, reaffirming its position as the best environment globally for...

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Business & Money | Monday 27 April, 2026 12:07 pm

Nakheel awards AED3.5 billion contracts to build 544 Palm Jebel Ali villas

Nakheel, a member of Dubai Holding Real Estate, has awarded contracts worth over AED3.5 billion to Ginco General Contracting L.L.C and United Engineering Construction (UNEC) to build 544 villas on Palm Jebel Ali, marking a key milestone in the delivery of one of Dubai’s most significant...

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Business & Money | Sunday 26 April, 2026 3:29 pm

Promedex renews, raises credit facility with BSF to SAR 108M

Professional Medical Expertise Co. (Promedex) announced the renewal and increase of its Islamic financing facility with Banque Saudi Fransi to SAR 108 million. In a statement on Tadawul, the company said the facility is structured to include SAR 70 million multi-purpose limit covering bank...

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Business & Money | Sunday 26 April, 2026 3:27 pm

Vision 2030: Strong Saudi growth outlook through 2027

Over the past decade, Saudi Arabia experienced a transformation that reshaped its economic structure through comprehensive reforms aimed at diversifying income sources and achieving sustainable growth.This enabled the economy to absorb shocks and reduced the impact of economic cycles on...

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Business & Money | Saturday 25 April, 2026 10:31 am

Saudi Arabia Continues to Attract International Business Expansion

Saudi Arabia is seeing a steady rise in interest from international businesses as economic reforms continue to reshape its investment landscape. What was once viewed as a complex and relatively closed market is now increasingly accessible, with companies from across the globe exploring...

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Business & Money | Thursday 23 April, 2026 4:33 pm

Mining, fertilizers to boost non-oil exports growth: AlKhorayef

The mining and fertilizers sectors contributed to the growth of Saudi Arabia’s non-oil exports, Bandar AlKhorayef, Minister of Industry and Mineral Resources, told Al Arabiya TV. AlKhorayef highlighted that fertilizer exports increased from seven million tons to more than 11 million tons,...

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Business & Money | Thursday 23 April, 2026 4:13 pm

Sumou to manage infrastructure development for Riyadh land portfolio

Sumou Real Estate Co. said it signed an agreement to manage infrastructure development for land plots in Riyadh’s Al Qadisiyah, Al Rimal, and Al Janadriyah districts, covering a total area of 1.83 million square meters, according to a statement to Tadawul. The agreement was signed with...

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Business & Money | Thursday 23 April, 2026 4:11 pm

Dubai Chamber of Commerce, DIB organise open dialogue focused on banks’ role in enabling business resilience

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, recently organised an interactive dialogue in collaboration with DIB focused on banking solutions for the private sector. Bringing together 93 representatives from the business community, the...

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Business & Money | Thursday 23 April, 2026 4:10 pm

ADCB posts net profit of AED3.36 billion in Q1 2026

Abu Dhabi Commercial Bank (ADCB) reported a net profit after tax of AED3.361 billion for the first quarter of 2026, delivering a return on average equity of 16.3 percent. The bank recorded a pre-tax profit of AED3.781 billion, marking a 30 percent increase compared to the same period last year ...

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