Business & Money | Monday 1 December, 2025 11:10 am

UAE secures membership in IMO Council, Category B, for fifth consecutive time

The UAE has won membership in the International Maritime Organisation (IMO) Council under Category B for the fifth consecutive time. This accomplishment reaffirms the UAE’s well-deserved position among the elected states and its influential role in shaping the future of maritime transport...

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Business & Money | Monday 1 December, 2025 11:08 am

Sharjah launches 'BASE39', newest creative district integrating arts, technology

Sharjah today launched “BASE39”, the latest creative project emerging from the Sharjah Research, Technology and Innovation Park (SPARK). The inauguration was attended by Sheikha Bodour bint Sultan Al Qasmi, Chairperson of SPARK. BASE39 further cements Sharjah’s position as a capital of...

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Business & Money | Monday 1 December, 2025 10:50 am

UAE-Kazakhstan Joint Committee discusses cooperation in AI, space, energy

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure and Special Envoy of the UAE Minister of Foreign Affairs to Kazakhstan, and Zhaslan Madiyev, Deputy Prime Minister and Minister of Artificial Intelligence and Digital Development of the Republic of Kazakhstan, co-chaired the...

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Business & Money | Monday 1 December, 2025 10:44 am

PIF investments in Japan total $11.5B through 2024: Al-Rumayyan

Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF), said the fund began investing in Japan in 2017, with total investments reaching around $11.5B through 2024. Speaking during a session at the FII Priority Asia Summit held in Tokyo, Al-Rumayyan said PIF investments in...

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Business & Money | Monday 1 December, 2025 8:45 am

Empower Celebrates the 54th Eid Al Etihad, Honouring the Spirit of the Union and the Values of the Founding Fathers

Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, marked the UAE’s 54th Eid Al Etihad with a celebration that reflected great national pride and a strong sense of belonging. The event, held at the company’s headquarters, was...

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Business & Money | Monday 1 December, 2025 8:42 am

Batic subsidiary repays SAR 100M Al Rajhi Bank loan

Batic Investments and Logistics Co.’s wholly owned subsidiary, Batic Real Estate Co., completed on Nov. 30 the repayment of Shariah-compliant credit facilities with Al Rajhi Bank, totaling SAR 100 million. In a Tadawul statement, the company pointed out that the repayment was funded from its ...

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Business & Money | Monday 1 December, 2025 8:37 am

PIF in advanced talks to invest in Leonardo’s aircraft structures unit: Report

The Public Investment Fund (PIF) is in advanced discussions to invest in the aircraft structures unit of Italy’s Leonardo, Bloomberg reported, citing sources. Under the potential agreement, the two sides would establish a global aircraft structures business. According to the sources,...

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Business & Money | Monday 1 December, 2025 8:35 am

Industry Ministry signs SAR 2B projects benefiting from standard incentives: Al-Khorayef

Minister of Industry and Mineral Resources Bander Al-Khorayef stated that the ministry signed today, Nov. 30, the first batch of projects benefiting from the standard incentive program for the industrial sector. The first batch includes nine projects with total investments of nearly SAR 2...

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Business & Money | Sunday 30 November, 2025 6:50 pm

Women in Aviation (WIA) General Assembly in Riyadh during Global Airports Forum (GAF)

The Middle East chapter of the Women in Aviation General Assembly (WIA), the world’s largest non-profit aviation and aerospace organization, will hold its General Assembly during the 4th   Global Airports Forum (GAF) in Riyadh on December 16. The highly anticipated gathering comes...

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Business & Money | Sunday 30 November, 2025 11:09 am

Knowledge Economic City Showcases Its Vision for Smart Urban Living and Lifestyle at Cityscape Global 2025 in Riyadh

In a step that underscores its national ambitions and forward-looking approach, Knowledge Economic City (KEC) will present its comprehensive roadmap toward a sustainable urban future at Cityscape Global 2025, taking place in Riyadh from November 17 to 20. Through its participation, KEC aims to...

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