12 Sha'aban 1446 - 10 February 2025
    
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Eye of Dubai

Al Ashghal Al Moysra pens SAR 17.7M contract with National Risk Council
Business & Money | Wednesday 5 February, 2025 10:10 am
Al Ashghal Al Moysra Co. signed a SAR 17.7 million contract with the General Secretariat of the National Risk Council to provide maintenance, operation and cleaning services for the headquarters of the General Secretariat and its affiliated centers. In a statement to Tadawul, the company said...
Balady announces strategic plan with SAR 1.1B investments
Business & Money | Wednesday 5 February, 2025 10:07 am
Balady Poultry Trading Co. announced its strategic expansion plan for 2025-2029, which includes investments worth SAR 1.14 billion in the poultry segment, according to a Tadawul statement. The plan aims to establish a slaughterhouse and a factory for the production of poultry meat, with a...
SEDCO Capital, Sumou Investment sign agreement to set up 5 real estate funds worth over SAR 8B
Business & Money | Wednesday 5 February, 2025 10:01 am
SEDCO Capital, a leading global asset management and Shariah-compliant investment solutions provider, announced signing an agreement with Sumou Investment to establish five private real estate investment funds, with a total value exceeding SAR 8 billion.According to a company statement, the funds'...
Wednesday, February 5, 2025 Home Business Sports Culture Sci/Tech Miscellaneous My views  English     Latest News  GCC  Middle East  World  Tolerance SCC's committee explores economic growth strategies
Business & Money | Wednesday 5 February, 2025 9:52 am
The Financial, Economic, and Industrial Affairs Committee of the Sharjah Consultative Council (SCC) convened a meeting with Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry, to explore avenues for enhancing the emirate’s economic sector and strengthening its...
AD Ports Group signs 50-year land lease agreement with Al Ain Mills for grains storage facility
Business & Money | Wednesday 5 February, 2025 9:49 am
AD Ports Grouphas signed a 50-year land lease agreement with Al Ain Mills, a member of Al Hazaa Investment Group. This strategic partnership will see the development of a state-of-the-art grain storage and processing facility at Khalifa Port at South Quay, further enhancing the port's capabilities...
MoEI partners with Shiba Inu to advance digital transformation
Business & Money | Wednesday 5 February, 2025 9:45 am
The Ministry of Energy and Infrastructure (MoEI) has partnered with Shiba Inu to advance next-generation, Web3 solutions in energy, infrastructure, and beyond—further solidifying its reputation as a global leader in digital transformation.Marking a new era in Web3, this partnership leverages...
United Arab Bank delivers 30% growth in 2024 net profit
Business & Money | Wednesday 5 February, 2025 9:41 am
United Arab Bank P.J.S.C (UAB) posted a net profit (before tax( of AED331 million for the year 2024, compared to AED 255 million in 2023 representing an increase of 30%. The growth in net profit stems from the improved operating performance and strong recoveries leading to lower net impairment...
UPDATE: Financial transparency, efficient business environment fundamental pillars of UAE national economy: Minister of State for Financial Affairs
Business & Money | Wednesday 5 February, 2025 9:36 am
Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, has participated in the Forum of UAE Ambassadors and Representatives of Missions Abroad, an annual event organised by the Ministry of Foreign Affairs. During the event, Al Hussaini highlighted the Ministry of Finance’s...
Abu Dhabi to host Ai Everything Global 2026
Business & Money | Wednesday 5 February, 2025 9:25 am
The UAE’s journey of spearheading AI progress worldwide has marked another milestone, with the announcement that Ai Everything Global Summit & Expo will be hosted in Abu Dhabi in 2026. This launch reinforces the UAE’s commitment to becoming a premier global hub for AI excellence. Abu...
Over 2,000 exhibitors from 60 countries to capitalize on the Kingdom’s towering construction opportunities at Big 5 Construct Saudi
Business & Money | Tuesday 4 February, 2025 1:33 pm
Saudi Arabia’s construction market is projected to grow from $70.33 billion in 2024 to $91.36 billion by 2029 (Source: Mordor Intelligence), highlighting the growing opportunities in the construction sector. Big 5 Construct Saudi, the largest and most influential construction event in the...
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