Business & Money | Tuesday 21 July, 2026 11:48 am

Aldar launches 'The Canopies' at Yas Point

Aldar on Tuesday launched The Canopies, the first residential community to launch at Yas Point, the recently announced AED6 billion waterfront destination on Yas Island's northern shore. Sales of the project's residential units are set to commence on 29th July. The development comprises...

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Business & Money | Monday 20 July, 2026 3:50 pm

XRG builds Americas platform extending UAE’s global economic reach

Abu Dhabi’s XRG is rapidly expanding its presence across the Americas, assembling an integrated energy and industrial platform that extends the UAE’s economic reach and reinforces its role as a long-term global investor. In recent months, XRG has advanced strategic investments across LNG,...

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Business & Money | Monday 20 July, 2026 3:46 pm

RAKEZ advances India business collaboration through multi-city outreach

Ras Al Khaimah Economic Zone (RAKEZ) concluded a series of high-level business engagements in Mumbai, India, led by Group CEO Ramy Jallad. The visit formed part of a broader two-week RAKEZ roadshow across India, also covering Bengaluru, Coimbatore, Hyderabad and Pune, aimed at strengthening...

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Business & Money | Monday 20 July, 2026 3:44 pm

Dubai Chamber of Commerce launches Kenyan Business Council

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the Kenyan Business Council to strengthen economic cooperation, promote partnerships and expand investment collaboration across diverse sectors. The...

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Business & Money | Monday 20 July, 2026 3:43 pm

UAE participates in Third BRICS Transport Ministers' Meeting in India

The United Arab Emirates, represented by the Ministry of Energy and Infrastructure (MoEI), participated in the Third BRICS Transport Ministers' Meeting, hosted in Nagpur, India. The meeting brought together transport ministers and senior officials from BRICS member states as part of India's...

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Business & Money | Sunday 19 July, 2026 7:05 am

PIF near to get EU nod for Electronic Arts acquisition: Report

A group of investors, including Saudi Arabia's Public Investment Fund (PIF), is set to get European Union (EU) approval under the bloc's foreign subsidy rules for its $55 billion acquisition of video game developer Electronic Arts, Reuters reported, citing people familiar with the matter. The...

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Business & Money | Sunday 19 July, 2026 7:04 am

Mawani signs SAR 1B logistics deals in Jeddah

The Saudi Ports Authority (Mawani) signed seven agreements worth SAR 1 billion to establish logistics centers in Jeddah during the inauguration of the Truck Marshaling Project, aiming to support logistics services, enhance economic value, and create jobs. The agreements include two deals with...

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Business & Money | Sunday 19 July, 2026 6:58 am

NBQ reports AED271 million profit in first half of 2026

National Bank of Umm Al Qaiwain (NBQ) reported a profit after tax of AED271 million for the six-month period ended 30th June, 2026, reflecting resilient performance supported by strong fundamentals, disciplined risk management and a balanced long-term growth strategy. The bank said its...

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Business & Money | Sunday 19 July, 2026 6:40 am

Modon Holding and Nammos Hotels & Resorts bring Nammos Ras El Hekma to Egypt’s North Coast

Abu Dhabi-based Modon Holding and Nammos Hotels & Resorts have announced Nammos Ras El Hekma – the renowned lifestyle and hospitality brand’s first fully integrated destination in Egypt. Located within the Wadi Yemm precinct, the development will bring Ras El Hekma’s promise of timeless...

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Business & Money | Sunday 19 July, 2026 6:34 am

Modon records AED1.25 billion in sales from final phase of Bashayer

Modon has announced the complete sell-out of the final phase of Bashayer, its premium waterfront community on Hudayriyat Island, within one day of launch, generating approximately AED1.25 billion in sales. The development attracted strong interest from buyers, with 71 percent being new customers to ...

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