Business & Money | Monday 29 September, 2025 2:20 pm

National Railway Programme economic, development benefits exceed AED200 billion: Al Mazrouei

Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, has affirmed that the UAE Government has placed strong emphasis on the land transport sector, particularly railways, as a central component of the Projects of the 50. In 2021, it launched the National Railway Programme with...

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Business & Money | Monday 29 September, 2025 2:16 pm

UAE concludes successful participation in China’s Global Digital Trade Expo

The fourth Global Digital Trade Expo concluded on Monday in Hangzhou, Zhejiang Province in China. The UAE’s participation as an official Guest of Honour, alongside Indonesia, reflected its distinguished international standing in digital transformation, its commitment to advancing the...

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Business & Money | Monday 29 September, 2025 2:14 pm

Ruwad funds new Sharjah entrepreneurial projects at AED670,000

Sharjah Foundation for Supporting Entrepreneurial Projects (Ruwad) approved financing applications for four new entrepreneurial projects in the Emirate of Sharjah, with a total value of AED 670,000. The approval was given during the 37th meeting of the Ruwad's Project Financing Committee of...

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Business & Money | Monday 29 September, 2025 1:25 pm

DWTC Hospitality, Emirates Flight Catering join forces to set new event catering standards

DWTC Hospitality, the award-winning catering division of Dubai World Trade Centre (DWTC), and Emirates Flight Catering (EKFC), have announced the signing of a strategic Memorandum of Understanding that brings together two of the region’s leading forces in event catering and hospitality services....

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Business & Money | Monday 29 September, 2025 1:19 pm

Saudi Energy Ministry launches tenders for gas distribution network licenses in 5 industrial cities

Saudi Arabia’s Ministry of Energy announced the start of the qualification phase for applicants in the licensing tenders for the establishment, ownership, and operation of natural gas distribution networks across five industrial cities Kingdom-wide. The sites are in these locations: Sudair...

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Business & Money | Monday 29 September, 2025 1:16 pm

RCRC bars former property owners from applying via Tawazoun platform

The Royal Commission for Riyadh City (RCRC) said applicants who previously owned property and sold it are not eligible to apply through Tawazoun, the Real Estate Balance Platform. In a FAQs post on X platform, the authority noted that residency in Riyadh’s suburbs is not regarded as...

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Business & Money | Monday 29 September, 2025 1:14 pm

alrajhi bank Among the World’s Top Five Banks in Sustainability with MSCI “AA” ESG Rating

alrajhi bank has reinforced its international reputation by earning an “AA” rating from MSCI’s global ESG benchmark, becoming the only financial institution in Saudi Arabia to achieve this distinction. This recognition places the Bank among the top five banks worldwide with an “AA” or...

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Business & Money | Monday 29 September, 2025 1:12 pm

Masar extends SAR 4.5B Islamic facilities with Alinma Bank

Umm Al Qura for Development and Construction Co. (Masar) extended on Sept. 28 Sharia-compliant bank facilities agreements with Alinma Bank. These facilities included a long-term leasing agreement at SAR 4.1 billion and a Murabaha facility at SAR 400 million, according to a statement to...

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Business & Money | Sunday 28 September, 2025 12:11 pm

Sharjah Finance Department organises 5th Financial Forum

The Sharjah Finance Department organised the Fifth Financial Forum, as part of its ongoing efforts to enhance the efficiency of government financial systems and develop national cadres in accordance with international best practices and standards. This will consolidate Sharjah's position as an...

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Business & Money | Sunday 28 September, 2025 12:09 pm

UAE firm provides clean electricity to over quarter million homes in Chad

Abu Dhabi-based Global South Utilities (GSU), a resources investment company, announced today the inauguration of the Noor Chad 50 MW Solar PV Plant in N’Djamena, which will provide clean electricity to about 274,000 homes across the country. The inauguration was attended by Mahamat Ahmad...

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