04 Shawwal 1445 - 13 April 2024
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Eye of Dubai

OPEC Secretary General calls for increased investments in oil industry to meet global energy demands
Business & Money | Tuesday 26 March, 2024 11:58 am
Haitham Al Ghais, Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), emphasised the need for increased investments in the oil industry to meet global energy demands and sustain economic growth. He stressed that these investments are crucial for ensuring reliable ...
Mubadala acquires KELIX bio to further advance UAE’s life sciences ecosystem
Business & Money | Tuesday 26 March, 2024 11:55 am
Mubadala Investment Company PJSC (Mubadala), an Abu Dhabi sovereign investor, has entered into a definitive agreement to acquire KELIX bio, a specialty pharmaceutical business focused on delivering complex generics across emerging markets, to further strengthen the development of the UAE’s life...
Bloom Holding begins construction work at Phase Three of Bloom Living, Casares
Business & Money | Tuesday 26 March, 2024 11:53 am
Bloom Holding, a leading UAE real estate developer, has appointed Emirates Link Maltauro L.L.C. as the main contractor for Casares, the third phase of its highly anticipated Bloom Living community in Abu Dhabi. Casares will offer a selection of two- and three-bedroom townhouses, scheduled for...
ADGM announces incentive initiative for existing Al Reem Island businesses transitioning to ADGM
Business & Money | Tuesday 26 March, 2024 11:51 am
Abu Dhabi Global Market (ADGM) has announced a new incentive initiative crafted exclusively for established businesses situated on Al Reem Island, operating within the non-financial and retail sectors. This initiative is strategically designed to bolster support for these businesses during...
One Za’abeel achieves the Guinness World Records™ title for the ‘Longest Cantilevered Building’ in the world.
Business & Money | Tuesday 26 March, 2024 11:39 am
One Za’abeel, the iconic landmark developed by ICD (Investment Corporation of Dubai), proudly announces it has achieved the GUINNESS WORLD RECORDSTM title for the ‘Longest Cantilevered Building’ in the world with its panoramic sky concourse, The Link. The achievement was cemented on 1st...
Dubai Customs Clinches Elite Award in 2024 Dubai Government Excellence (DGE) program
Business & Money | Tuesday 26 March, 2024 11:30 am
Dubai Customs once again secured the prestigious Elite Award in the 2024 cycle of the Dubai Government Excellence (DGE) program. This recognition, presented by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, serves as a testament to...
Saudi Ministry of Investment Signs MoU with Global Tech Leader, Endava, to Accelerate Digital Advancement in the Kingdom
Business & Money | Tuesday 26 March, 2024 10:24 am
In its ongoing effort to enable world-leading technology companies to establish thriving operations in Saudi Arabia, supporting digital transformation in the Kingdom in line with Saudi Vision 2030, the Ministry of Investment of Saudi Arabia (MISA) today signed an MoU with Endava, the technology...
RAKEZ launches HS&E Appreciation Awards to honour leading companies for outstanding HS&E practices
Business & Money | Monday 25 March, 2024 12:54 pm
Ras Al Khaimah Economic Zone (RAKEZ) recently celebrated the exceptional dedication and achievements in Health, Safety, and Environmental (HS&E) practices of its companies through the introduction of the HS&E Appreciation Awards. This initiative underscores the remarkable compliance efforts ...
Azizi Developments advances rapidly in its digital transformation journey
Business & Money | Monday 25 March, 2024 11:41 am
Azizi Developments, a leading private developer in the UAE, is progressing swiftly in its digital transformation journey, further integrating various high-quality IT Service Management (ITSM) processes, and implementing a range of cutting-edge tools. Azizi has implemented a large plethora of...
Mulkia REIT signs agreement to acquire new property in Riyadh for SAR 200M
Business & Money | Monday 25 March, 2024 11:21 am
Mulkia Gulf Real Estate REIT Fund signed an acquisition agreement to buy a new real estate property, Malathak Tower 2, in Riyadh's Al-Maathar neighborhood, Mulkia Investment Co., fund manager and operator, said in a statement to Tadawul.   Acquisition details PropertyMalathak...