Sharjah Publishing City Free Zone (SPC Free Zone) has signed a Memorandum of Understanding (MoU) with Beehive, a digital financing provider specialising in small and medium-sized enterprises (SMEs), to expand businesses' access to financing within the free zone. Beehive, a subsidiary of...
Saudi Arabia’s Transport General Authority (TGA) President Fawaz Al-Sahli outlined plans to develop the Kingdom’s maritime transport industry, including establishing Saudi companies specializing in ship component manufacturing and forming partnerships to test autonomous vessels by the end of...
Saudi Aramco CEO Amin Nasser expects oil demand to rise by about 3 million barrels per day (mbpd) once conditions in the region return to normal, comprising 2 mbpd in consumption growth and 1 mbpd to replenish inventories depleted during the crisis. In an interview with Al Arabiya, Nasser said ...
By Alberto Torner, Head of Ariston Group in the Middle East, Turkey and Caucasus As the UAE continues its journey towards a more sustainable future, one question deserves greater attention: how can energy efficiency become part of everyday life, rather than remain an ambition on...
The Central Bank of the UAE (CBUAE) has launched the Financial Health Innovation Challenge to identify ready-to-implement solutions that improve the financial health of individuals and micro, small and medium-sized enterprises (MSMEs) in the UAE, with applications open until 30th November...
Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) and Chairman of DEWA International, witnessed the signing of four memorandums of understanding (MoUs) between DEWA International and leading global entities during the 28th Water, Energy, Technology and...
Advent, a leading global private equity investor, today announced it has opened a new office in ADGM, the international financial centre of Abu Dhabi, extending the reach of the firm’s international platform into the Middle East. According to a press release issued today, the new presence...
Abdulla Bin Touq Al Marri, Minister of Economy and Tourism, attended the Chief Audit Executives (CAE) Conference 2026 at Hilton Abu Dhabi Yas Island, joining 820 Chief Audit Executives and internal audit leaders from 25 countries. Held under the Minister’s patronage and organised by the UAE...
Emirates Islamic reported a profit of AED2.7 billion for the first nine months of 2026, while operating profit rose 7 percent year-on-year to AED3.3 billion. The bank's total income increased 6 percent to AED4.7 billion compared with the same period last year, driven by higher non-funded...