Business & Money | Thursday 17 April, 2025 8:54 am

Mohammed Bin Rashid Aerospace Hub completes first phase of its aerospace supply chain zone

Mohammed Bin Rashid Aerospace Hub (MBRAH), the aerospace platform of Dubai South dedicated to the advancement of the aviation industry, announced the completion of works at the first phase of its Aerospace Supply Chain zone which features 11 facilities and spans a total of 1,291,000 square...

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Business & Money | Thursday 17 April, 2025 8:52 am

Dubai Maritime Authority reports outstanding performance in 2024

The Dubai Maritime Authority, part of the Ports, Customs and Free Zone Corporation, has announced exceptional performance results for the year 2024, surpassing expectations across various maritime sector indicators. The authority continues solidifying Dubai's status as a global maritime innovation...

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Business & Money | Thursday 17 April, 2025 8:51 am

Emirates SkyCargo signs preferred partnership with Teleport

Emirates SkyCargo, the cargo arm of the world's largest international airline, has signed a Memorandum of Understanding (MoU) with Teleport, AirAsia's exclusive cargo partner, to support the burgeoning trade between Southeast Asia and the wider world, via Dubai. The agreement was signed at...

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Business & Money | Thursday 17 April, 2025 8:47 am

ADEX participates in TXF Middle East & Africa 2025 to advance regional export finance collaboration

The Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), took part as a key sponsor in the TXF Middle East & Africa 2025, held over three days in Dubai. This edition of TXF marked the first time the conference merged its Middle East and Africa ...

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Business & Money | Thursday 17 April, 2025 8:01 am

Equipment House signs deal with US MedSource

Scientific & Medical Equipment House Co., a company specialized in the import, operation, and maintenance of medical devices and equipment, signed today, April 16, a strategic agreement with the US-based company MedSource. In a statement to Tadawul, the company said the deal is to launch...

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Business & Money | Thursday 17 April, 2025 8:00 am

Saudi Arabia’s dates exports hit SAR 1.7B in 2024

The value of Saudi dates exports reached about SAR 1.7 billion in 2024, up 16% year-on-year, with an exported quantity of 1.9 million tons, the National Center for Date Palm and Dates (NCPD) said, according to data from the General Authority for Statistics (GSTAT). Saudi dates have achieved a...

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Business & Money | Wednesday 16 April, 2025 8:00 am

Red Sea Global unveils first residential Island in Saudi Arabia

Red Sea Global (RSG) announced the launch of 'Laheq Island', a landmark development and the first residential-focused destination at The Red Sea.Scheduled to open in 2028, Laheq offers resort-style living with luxury private residences, premium amenities, and a unique blend of hospitality and...

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Business & Money | Wednesday 16 April, 2025 8:00 am

Record sales, strong growth outlook dominate developer participation at IPS 2025

A number of real estate developers participating in the 21st edition of the International Property Show (IPS 2025) emphasised the importance of the event as a strategic platform to showcase real estate projects and explore growth opportunities in Dubai’s property market, which continues to...

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Business & Money | Wednesday 16 April, 2025 8:00 am

UAE, Japan hold Second Ministerial Meeting of Comprehensive Strategic Partnership

Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, UAE Special Envoy to Japan, conducted an official working visit to Japan from April 13 to 16, 2025. During his visit, he chaired the UAE side at the second ministerial meeting of the Comprehensive Strategic Partnership...

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Business & Money | Wednesday 16 April, 2025 8:00 am

Emirates SkyCargo to double freighter fleet by end of 2026

Emirates SkyCargo will double its freighter fleet to 21 aircraft by the end of 2026, up from 10 currently, in a move that reflects confidence in the continued growth of global demand for air cargo services. Speaking on the sidelines of the IATA World Cargo Symposium 2025, which opened today in ...

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