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...
Al Jouf Cement Co. inked a contract with Mohammed Shahi Al-Ruwaili Contracting at a total value of SAR 38 million, according to a statement to Tadawul. Under the contract, Al Jouf Cement will export all types of cement and clinker to Syria. The contract’s value is 10% higher than the...
Red Sea International Co.'s subsidiary, Fundamental Installation for Electric Work Co. Ltd. (First Fix), signed a SAR 266 million contract with ALEC Saudi Arabia Engineering and Contracting LLC. The deal covers mechanical and electrical works for the Scientific Discovery and Innovation...
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)...
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...
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%...
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...
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 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...
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 ...
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...