Business & Money | Tuesday 4 November, 2025 10:40 am

KEC subsidiary signs 2 SAR 149M contracts for IWD Project phase 1

Knowledge Economic City (KEC) and its subsidiary, Algharraa International Real Estate Development Co., signed two contracts, today Nov. 4, for the first phase of the Islamic World Avenue project (IWD) valued at SAR 149 million. In separate statements to Tadawul, the company said ...

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Business & Money | Tuesday 4 November, 2025 10:33 am

Aramco lifts output at minimal cost, aims for 80% surge in sales gas capacity: Nasser

Saudi Aramco’s performance in Q3 2025 once again showcased its ability to adapt to new market realities, President and CEO Amin Nasser said. Nasser explained that Aramco worked to boost production at a minimal additional cost while maintaining reliable supplies of oil, gas, and related...

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Business & Money | Tuesday 4 November, 2025 10:26 am

Abu Dhabi Department of Energy unveils Unified Gas Code at ADIPEC

The Abu Dhabi Department of Energy (DoE) announced the launch of the Unified Gas Code for the Emirate of Abu Dhabi during its participation in ADIPEC 2025, held at ADNEC from 3 to 6 November. As the first comprehensive regulatory framework of its kind, the Unified Gas Code marks a significant...

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Business & Money | Tuesday 4 November, 2025 10:21 am

UAE leads digital transformation in energy sector: Honeywell

George Bou Mitri, President of Honeywell for the Middle East, Türkiye and Central Asia, affirmed that the UAE has become a global centre for innovation and the deployment of smart solutions in the energy sector, noting that the country’s pioneering digital transformation initiatives in energy...

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Business & Money | Tuesday 4 November, 2025 10:16 am

ADNOC Distribution to launch 'The Hub' redefining on-the-road retail

Bader Saeed Al Lamki, Chief Executive Officer of ADNOC Distribution, said that the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2025) is witnessing strong regional and international participation that enhances partnerships and allows for the exchange of global expertise in...

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Business & Money | Tuesday 4 November, 2025 10:14 am

Dragon Oil enhances its international partnerships by signing MoU with State Oil Company of Azerbaijan

Dragon Oil, the wholly owned subsidiary of Emirates National Oil Company (ENOC), announced the signing of a Memorandum of Understanding (MoU) with the State Oil Company of the Republic of Azerbaijan (SOCAR) and its trading arm (SOCAR Trading). This step reaffirms Dragon Oil's commitment to...

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Business & Money | Tuesday 4 November, 2025 10:10 am

Alpha Dhabi delivers stellar Q3 2025 financial performance, with net profit of AED 10.4 bn

Alpha Dhabi Holding PJSC (Alpha Dhabi or the Group) has delivered an excellent set of financial results for the nine-month period ending 30 September 2025, with Group revenue rising to AED 54.9 billion. This result was bolstered by adjusted EBITDA surging to AED 12.8 bn with an increase of 25% year ...

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Business & Money | Tuesday 4 November, 2025 10:05 am

UAE, Austria discuss strategies for increasing trade, investment

Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, met a delegation of Austrian business executives, led by Dr Wolfgang Hattmannsdorfer, Austrian Federal Minister of Labour and Economy. At the UAE-Austria Roundtable, the two sides discussed strategies for increasing trade, investment,...

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Business & Money | Tuesday 4 November, 2025 10:03 am

Abu Dhabi Businesswomen Council, Publicis Groupe Middle East launch Falcon Tank competition

The Abu Dhabi Businesswomen Council (ADBWC) and Publicis Groupe Middle East have launched Falcon Tank — a new initiative under their Ra’idah programme. This results-driven platform is designed to help women-led SMEs secure media investment and scale their businesses. Zenith, a leading...

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Business & Money | Tuesday 4 November, 2025 9:54 am

Sharjah Chamber discusses facilitating market access for Vietnamese SMEs

The Sharjah Chamber of Commerce and Industry (SCCI) welcomed a high-level economic delegation from the Socialist Republic of Vietnam to its headquarters, discussing ways to enhance economic cooperation and opening new and sustainable investment channels for the business communities of both...

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