Business & Money | Monday 13 October, 2025 12:31 pm

Ministry of Energy and Infrastructure organises strategic retreat to shape 2027–2029 plan

Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, chaired a strategic retreat organised by the Ministry of Energy and Infrastructure (MoEI) in Dubai to formulate the Ministry’s sixth strategic plan for 2027–2029. The retreat also sought to outline future directions in the...

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Business & Money | Monday 13 October, 2025 12:29 pm

Multiply Group concludes sale of PAL Cooling Holding for AED3.871 billion

Multiply Group, the Abu Dhabi-based investment holding company that invests in and operates businesses globally, announced today that it has formally completed the transaction to sell 100% of its shares in its district cooling subsidiary, PAL Cooling Holding, for AED3.871 billion to a consortium...

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Business & Money | Monday 13 October, 2025 12:27 pm

Expand North Star marks decade of global startup growth

The 10th anniversary edition of Expand North Star, part of GITEX GLOBAL, has attracted more than 2,000 startups and 1,200 investors from 180 countries, reaffirming its position as the world’s largest startup and investor gathering. This year’s edition includes Brazil as the official...

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Business & Money | Monday 13 October, 2025 12:25 pm

UAE says open, rules-based trade key to long-term, development, growth during G20 Trade & Investment Ministerial Meeting in South Africa

Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, reaffirmed the UAE’s belief that open rules-based trade remains an essential driver of long-term development for nations across the world during the G20 Trade and Investment Ministerial Meeting (TIMM) in Gqeberha, South Africa. Al...

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Business & Money | Monday 13 October, 2025 11:43 am

Al-Hogail says real estate financing makes up 27% of Saudi banks’ portfolios

Minister of Municipalities and Housing Majed Al-Hogail said real estate financing currently accounts for 27% of the total loan portfolios of Saudi banks. Speaking at the Qatar Real Estate Forum, Al-Hogail said real estate financing has become a key pillar for the success and...

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Business & Money | Monday 13 October, 2025 11:00 am

Egypt completes 95% of electricity interconnection project with Saudi Arabia: Official

Egypt completed 95% of the electricity interconnection project with Saudi Arabia, ahead of operating the first phase by the end of this year or early 2026, Asharq News reported, citing an Egyptian government official. The official said work included building 862 towers and laying cables and...

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Business & Money | Monday 13 October, 2025 10:31 am

ICFE 2026 expands with global reach and record growth in Istanbul

The International Carpet & Flooring Expo (ICFE) adds an 11th hall as global demand surges, welcoming 500 companies from 25 countries and expecting 50 thousand professional visitors to Istanbul on 6-9 January 2026.Istanbul — Now in its third edition, the International Carpet & Flooring...

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Business & Money | Sunday 12 October, 2025 3:02 pm

Nutanix to Showcase “One Platform” Vision at GITEX GLOBAL 2025, Delivering Simplicity, Flexibility, and Freedom to Run Apps, Data, and AI Anywhere

 Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, is excited to announce its participation at GITEX Global 2025, taking place between 13 – 17 October at the Dubai World Trade Centre. This year, Nutanix will highlight its theme “One Platform”, which delivers a simple,...

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Business & Money | Sunday 12 October, 2025 12:39 pm

EMSTEEL champions UAE’s steel industry future towards global sustainability

The United Arab Emirates has solidified its leading position in the steel sector both regionally and globally, supported by national strategies focused on enhancing industrial sustainability and improving production efficiency in line with the country’s goal of achieving climate neutrality by...

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Business & Money | Sunday 12 October, 2025 11:28 am

Dubai Customs launches 2030 artificial intelligence strategy

 In a pioneering move that strengthens the institutional digital transformation journey in Dubai, Dubai Customs announced the launch of its comprehensive 2030 artificial intelligence (AI) strategy. The strategy aims to integrate AI technologies across all levels of customs work and transform...

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