Business & Money | Thursday 6 August, 2026 8:00 am

Salik’s H1 2026 revenue reaches AED1.41 billion

Salik Company PJSC (“Salik” or the “Company”), the exclusive operator of toll gates in Dubai, today announced its financial results for the three-month and six-month periods ended 30 June 2026 (“Q2 2026” and “H1 2026”). Total revenue for H1 2026 reached AED1,412.0 million, while...

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Business & Money | Thursday 6 August, 2026 8:00 am

UAE Chambers, Zimbabwe explore stronger trade, investment cooperation

Humaid Ben Salem, Secretary General of UAE Chambers, has discussed ways to strengthen economic cooperation and enhance engagement between the private sectors of the UAE and Zimbabwe during a meeting at the Federation's HQ in Dubai with Isaac Ananias Moyo, the Ambassador of the Republic of Zimbabwe...

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Business & Money | Thursday 6 August, 2026 7:30 am

Al-Hogail: Subsidized housing land changes expand supply, private sector partnership

Saudi Cabinet's approval of amendments to Resolution No. 200 on the development of planned land allocated to subsidized housing programs will strengthen public-private partnerships, increase housing supply, and support the provision of housing units for beneficiaries of developmental housing...

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Business & Money | Wednesday 5 August, 2026 3:28 pm

Is XM a Scam in the UAE? A Fact-Based Look 

This question often appears online, not because of evidence, but because of general mistrust toward online trading. The facts XM has over 15 years of operational historyTrusted by over 20 million tradersIt operates under Capital Market Authority (CMA) regulation in DubaiClient...

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Business & Money | Wednesday 5 August, 2026 8:00 am

The UK-Saudi Real Estate Exhibition Passes £107 Million as Day Two Adds £41.9 Million and Six New Agreements

London, 3 August 2026 — The UK-Saudi Real Estate Exhibition recorded a further £41.9 million in property sales and reservations on its second day, bringing the two-day total to more than £107.6 million. A further 550 visitors attended on Monday, lifting total attendance past 1,450, as the...

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Business & Money | Wednesday 5 August, 2026 8:00 am

Hamad Bin Saedan awards SAR 19.8M residential project contract

Hamad Mohammed Bin Saedan Real Estate Co. awarded the HS Residences 2 residential project in Al Arid district to Abaad Almamar Contracting Co. The project aims for the construction of 60 residential units, with a total value of SAR 19.78 million (excluding VAT). In a statement to...

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Business & Money | Wednesday 5 August, 2026 8:00 am

Cenomi Centers says Westfield Jeddah begins operations

Arabian Centres Co. (Cenomi Centers) announced the completion of its Westfield Jeddah project, the receipt of its occupancy certificate, and the official launch of the on-site operational phase on July 30. In a statement to Tadawul today, Aug. 4, the company said the project had achieved...

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Business & Money | Wednesday 5 August, 2026 8:00 am

ADNOC, SLB deploy AI platform across over 120 drilling rigs to strengthen upstream performance

ADNOC, in collaboration with SLB, has deployed its artificial intelligence (AI)-enabled Real-Time Operations Centre (RTOC) platform across its fleet of more than 120 rigs, providing teams with a faster and more connected way to monitor, analyse and manage drilling operations across its onshore and...

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Business & Money | Wednesday 5 August, 2026 8:00 am

Sharjah Chamber boosts trade ties with Dominican Republic, India

The Sharjah Chamber of Commerce and Industry (SCCI) discussed ways to strengthen economic and trade cooperation with the Dominican Republic, encouraging the business communities of both countries to develop strategic partnerships across diverse investment fields. Discussions also focused on...

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Business & Money | Wednesday 5 August, 2026 8:00 am

Empower's 'Dubai-it' Journey: Extraordinary story driven by vision, ambition to become world's largest district cooling services provider

Emirates Central Cooling Systems Corporation PJSC (Empower) highlighted that its operational performance and projects reflect the principles of the ‘Dubai-It’ approach launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of...

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