Business & Money | Sunday 9 August, 2026 8:38 am

UAE participates in 2026 BRICS Trade Ministers Meeting in Jaipur, India

Dr Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, participated in the 2026 BRICS Trade Ministers Meeting (TMM), held at Maharani Mahal, Hotel Sawai Man Mahal, in Jaipur, India. Hosted by India under its BRICS Chairmanship, the meeting brought together trade ministers and senior...

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Business & Money | Saturday 8 August, 2026 1:39 pm

UAE's Islamic Bank ruya Goes Live with Agentic AI in Production, Partners with Magure to Build an AI-Native Bank

 ruya, the UAE's digital-first Islamic community bank, and Magure, a UAE-headquartered enterprise AI company, today announced a long-term strategic partnership to make ruya an AI-native bank one where intelligence is woven into how the bank serves customers, runs operations and manages risk,...

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Business & Money | Thursday 6 August, 2026 12:41 pm

Jeddah to Host 5th SEREDO in September

Jeddah is set to become the meeting point for Saudi Arabia's real estate industry when the 5th edition of the Real Estate Development and Ownership Exhibition (SEREDO) opens at Jeddah Dome from September 6-8, 2026, under the sponsorship of the Ministry of Municipalities and Housing. The...

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Business & Money | Thursday 6 August, 2026 8:00 am

New gov’t tenders law to balance opportunities, contractual dealings: Al-Jadaan

Minister of Finance Mohammed Al-Jadaan said the new Government Tenders & Procurement Law represents a key step in developing government tendering and procurement practices by enhancing governance and transparency, improving the efficiency of planning and execution, and promoting clarity,...

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Business & Money | Thursday 6 August, 2026 8:00 am

Emirates, South African Airways expand codeshare partnership

Emirates and South African Airways (SAA) on Wednesday announced an expansion of their codeshare partnership, enabling access to nine cities and establishing the start of a reciprocal codeshare agreement between both carriers. The expanded partnership opens more destinations across central and...

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Business & Money | Thursday 6 August, 2026 8:00 am

IHC reports strong H1 2026 performance, with revenue rising 34.5% to AED64.9 billion, profit after tax

IHC today announced its financial results for the six-month period ended 30th June 2026. IHC reported revenue of AED64.9 billion, representing an increase of 34.5% year-on-year, while profit after tax reached AED26.2 billion, compared with AED8.9 billion in the corresponding period of 2025. Gross...

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Business & Money | Thursday 6 August, 2026 8:00 am

Salik’s H1 2026 revenue reaches AED1.41 billion

Salik Company PJSC (“Salik” or the “Company”), the exclusive operator of toll gates in Dubai, today announced its financial results for the three-month and six-month periods ended 30 June 2026 (“Q2 2026” and “H1 2026”). Total revenue for H1 2026 reached AED1,412.0 million, while...

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Business & Money | Thursday 6 August, 2026 8:00 am

UAE Chambers, Zimbabwe explore stronger trade, investment cooperation

Humaid Ben Salem, Secretary General of UAE Chambers, has discussed ways to strengthen economic cooperation and enhance engagement between the private sectors of the UAE and Zimbabwe during a meeting at the Federation's HQ in Dubai with Isaac Ananias Moyo, the Ambassador of the Republic of Zimbabwe...

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Business & Money | Thursday 6 August, 2026 7:30 am

Al-Hogail: Subsidized housing land changes expand supply, private sector partnership

Saudi Cabinet's approval of amendments to Resolution No. 200 on the development of planned land allocated to subsidized housing programs will strengthen public-private partnerships, increase housing supply, and support the provision of housing units for beneficiaries of developmental housing...

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Business & Money | Wednesday 5 August, 2026 1:33 pm

When Asset Forfeiture Reaches a Child's Savings Account: The Yim Leak Case and the Proportionality Question

More than USD600 million frozen from a single USD150,000 currency exchange transfer. A six-year-old's savings account summoned by enforcement officials. A press conference held a year before any criminal charges. The proceedings raise questions that reach beyond one businessman or one country.These ...

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