22 Rajab 1446 - 21 January 2025
    
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Eye of Riyadh

RIBA strengthens Gulf presence and partnerships
Business & Money | Thursday 28 November, 2024 4:44 pm
As part of its work to promote architectural excellence and grow its global membership, the Royal Institute of British Architects (RIBA) has been taking steps to strengthen its presence and strategic partnerships in the Gulf. This work coincides with the 15th anniversary of the RIBA Gulf...
Ajman sees significant growth in BCI, hitting 135 points
Business & Money | Tuesday 21 January, 2025 8:00 am
Ajman has recorded a significant boost in business activity during 2024, highlighted by a remarkable growth in the number of economic licences issued and a substantial rise in the Business Confidence Index (BCI). Statistics from the Department of Economic Development in Ajman (Ajman DED)...
UAE participates in World Economic Forum 'Davos 2025' with delegation of over 100 government officials, private sector leaders
Business & Money | Tuesday 21 January, 2025 8:00 am
The UAE is participating in the 55th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, taking place from 20th to 24th January 2025. The UAE’s high-level delegation is led by H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts...
SIB's profit surpasses AED1 billion for 1st time in its history
Business & Money | Tuesday 21 January, 2025 8:00 am
Sharjah Islamic Bank (SIB) announced record financial results and exceptional growth for the year ending 31st December 2024. The Bank's net profit before tax increased by 36.5%, reaching AED1.15 billion, while net profit after tax amounted to AED1.05 billion, reflecting a 24.5%...
Sharjah Economic Development Department evaluates 'Ruwad' projects
Business & Money | Tuesday 21 January, 2025 8:00 am
Hamad Ali Abdullah Al Mahmoud, Chairman of the Sharjah Economic Development Department (SEDD), assessed the accomplishments of the "Digital Warehouses" project, which is part of the Sharjah Foundation to Support Pioneering Entrepreneurs (Ruwad), after its involvement in the Global Startup Festival...
UAE ranks among top 35 countries with largest global maritime fleets
Business & Money | Tuesday 21 January, 2025 8:00 am
The UAE has ranked among the top 35 countries globally with the largest shipping fleets by tonnage and capacity, according to the 2024 report by the United Nations Conference on Trade and Development (UNCTAD). The report also highlighted three other Arab countries on the list: Saudi Arabia,...
ASAS launches phase two of Sajaa Industrial Lands project
Business & Money | Tuesday 21 January, 2025 8:00 am
ASAS Real Estate, a subsidiary of Sharjah Islamic Bank, has announced the launch of sales for phase two of the Sajaa Industrial Lands project in a strategic location in Sharjah’s Sajaa Industrial Area. The project offers freehold ownership for UAE nationals, GCC citizens, and Arab residents...
FAHR, Emirates NBD to eliminate salary certificate requirement for federal employees through direct digital integration
Business & Money | Tuesday 21 January, 2025 8:00 am
The Federal Authority for Government Human Resources (FAHR) and Emirates NBD have announced a groundbreaking partnership that eliminates the need for federal employees to provide salary certificates when accessing banking services. This innovative initiative introduces a secure, direct digital ...
SEWA implements water networks projects in Kalba
Business & Money | Tuesday 21 January, 2025 8:00 am
As part of Sharjah Electricity, Water and Gas Authority's (SEWA) efforts to improve and develop water transmission and distribution networks in all regions of the Emirate of Sharjah, the Authority is implementing a number of projects in Kalba city at a cost of up to AED107,435,000. The...
DLD enables private property owners on Sheikh Zayed Road, Al Jaddaf to convert to freehold ownership
Business & Money | Tuesday 21 January, 2025 8:00 am
Dubai Land Department (DLD) announced that the private property owners in Sheikh Zayed Road area (from the Trade Centre Roundabout to the Water Canal) and Al Jaddaf area can now convert their ownership status to freehold to all nationalities. A total of 457 plots are eligible for conversion to ...
UAE tops Arab list as best, most attractive destination for investment: Dhaman
Business & Money | Tuesday 21 January, 2025 8:00 am
The UAE has topped the Arab list as the best and most attractive destination for investment and business in auto sales activity for 2024, Arab Investment and Export Credit Guarantee Corporation (Dhaman) has said. The Kuwaiti-based Dhaman organisation stated in its fourth sectoral report for...
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