Business & Money | Sunday 19 April, 2026 11:24 am

Acwa, SPPC sign SAR 11.5B PPA for Rabigh 2 power plant expansion

ACWA Power (Acwa) signed a power purchase agreement (PPA) with Saudi Power Procurement Co. (SPPC), valued at SAR 11.5 billion. The deal covers the Rabigh 2 independent power plant expansion, a combined-cycle gas-fired project located in Makkah, with a generation capacity of 2,313.5 megawatts...

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Business & Money | Sunday 19 April, 2026 9:01 am

UAE economy continues global ascent with robust growth in early 2026

The UAE economy maintained its upward trajectory during the first months of 2026, supported by the strength of the financial and banking sector and rising foreign trade and investment indicators, according to official data and local and international reports. The UAE has further reinforced its ...

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Business & Money | Sunday 19 April, 2026 8:59 am

Modon releases final phase of Tara Park project

Following the successful launch of the first phase of Tara Park, Modon has released the final phase of the project on Reem Island. The final phase of Tara Park is strategically positioned close to two of the main bridges onto Reem Island, offering convenient access to Abu Dhabi Global Market...

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Business & Money | Sunday 19 April, 2026 8:56 am

'Department of Municipalities and Transport', Aldar to deliver 9,000 housing rental units in Abu Dhabi

Abu Dhabi’s Department of Municipalities and Transport (DMT) and Aldar Group has announced a strategic partnership to develop two integrated communities in Mohamed bin Zayed City (MBZ City) and Baniyas that will deliver 9,000 value housing rental units in the emirate. The projects form part...

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Business & Money | Sunday 19 April, 2026 8:54 am

Dubai Chambers meets with key entities in Manila to strengthen trade between Dubai, Philippines

Dubai Chambers has concluded high-level meetings with key public and private sector entities in the Philippines as part of a recent visit to Manila. The discussions were aimed at strengthening trade and investment ties and exploring new avenues for cooperation between the two markets. During...

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Business & Money | Sunday 19 April, 2026 8:52 am

Sharjah Real Estate Registration and Sharjah Digital enhance developers’ digital efficiency

The Sharjah Real Estate Registration Department, in collaboration with Sharjah Digital Department, organised a specialised workshop to train real estate developers on the services of the “Aqari” platform, as part of its ongoing efforts to develop the real estate sector and strengthen digital...

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Business & Money | Thursday 16 April, 2026 11:09 am

Dubai to host 3rd Mawarid FinTech Summit with 1,000 global decision-makers, experts

Around 1,000 of the region’s and the world’s most prominent decision-makers, along with representatives from more than 500 specialised institutions and leading entities in the fields of financial services, regulation, and digital innovation, will participate in the third edition of the Mawarid...

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Business & Money | Thursday 16 April, 2026 11:07 am

DEWA explores ways to strengthen cooperation with Kazakhstan in energy, efficiency, innovation

Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), welcomed Almaz Tasbolat, Consul General of Kazakhstan in Dubai and the Northern Emirates. The visit explored ways to strengthen co-operation, particularly in renewable energy and water, and reviewed initiatives...

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Business & Money | Thursday 16 April, 2026 11:05 am

UAE hotel revenues reach AED49.21 billion in 2025, up 9.7%

Abdulla bin Touq Al Marri, Minister of Economy and Tourism, said that the UAE, guided by its wise leadership, has consolidated its position as a leading and resilient global model in managing and developing the tourism sector by offering an exceptional experience built on proactiveness, high...

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Business & Money | Thursday 16 April, 2026 11:02 am

Mobily, Motorola launch Razr Fold – FIFA 26™ World Cup exclusively in the Kingdom

Etihad Etisalat Company (Mobily) in collaboration with Motorola Mobility, a subsidiary of Lenovo Group, announced the exclusive launch of the Motorola Razr Fold – FIFA 26™ World Cup edition smartphones on Mobily’s online platform and stores across the Kingdom in a move reflecting the...

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