Business & Money | Tuesday 9 January, 2024 12:09 pm

Azizi Developments, Toshiba extend partnership across four major projects

Azizi Developments, a leading private developer in the UAE, has extended its partnership with Toshiba Elevator Middle East LLC, the Japanese manufacturer of the world’s fastest elevator, to supply, design and install passenger and service elevators for the Azizi Central, Azizi Grand, Azizi Vista, ...

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Business & Money | Tuesday 9 January, 2024 9:24 am

REGA: project off-plan sale, rent project law comes into force April 4

The Real Estate General Authority (REGA) stated that the new law for selling and renting off-plan real estate projects will be effective starting April 4, and its executive regulations will be published during the coming period. REGA explained in a statement that the new...

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Business & Money | Monday 8 January, 2024 10:56 am

No UAE national airlines operating Boeing 737 Max 9: General Civil Aviation Authority

The General Civil Aviation Authority (GCAA) today confirmed that none of the national airlines in the United Arab Emirates is operating any of the Boeing 737- MAX 9 aircraft, affected by the technical malfunction that occurred on a Boeing 737- MAX 9 plane operated by an American company on January...

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Business & Money | Monday 8 January, 2024 10:44 am

Federation of UAE Chambers and JETRO Japan discuss joint business council plans

Humaid Mohammed bin Salem, Secretary-General of the Federation of UAE Chambers of Commerce and Industry, has discussed the membership structure and requirements for joining the UAE-Japan Business Council which was established in July 2023. The discussion took place during his meeting in Dubai...

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Business & Money | Monday 8 January, 2024 10:38 am

HFZA to showcase investment advantages in steel, iron industries in SteelFab 2024

The Hamriyah Free Zone Authority (HFZA) in Sharjah has announced it is taking part in the 19th edition of the SteelFab 2024 exhibition, organised by Expo Centre Sharjah from 8th to 11th January 2024. During the event, HFZA will showcase the various opportunities and advantages of investing in...

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Business & Money | Monday 8 January, 2024 10:36 am

Ajman Chamber received 84 commercial mediation cases in 2023

Aisha Al Nuaimi, Director of the Legal Affairs Department at the Ajman Chamber of Commerce and Industry (ACCI), revealed that the total number of commercial mediation cases in the Ajman Chamber during 2023 reached 84 mediation cases. 93 percent of the cases were completed, with the...

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Business & Money | Monday 8 January, 2024 10:12 am

Adel Real Estate unveils blueprints of Adel District, the largest urban development project in Dammam

Adel Real Estate recently announced the launch of the completed blueprints of Adel District, the largest urban development of residential areas. Spanning around 5.6 million square meters, the project is strategically located in Dammam, in the Eastern Province of Saudi Arabia, and...

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Business & Money | Monday 8 January, 2024 9:39 am

Rua Al Madinah launches Islamic Civilization Village

Rua Al Madinah Holding, owned by the Public Investment Fund (PIF), announced the launch of the Islamic Civilization Village project.   The project spans 257,000 square meters and features eight sections, the company said on X platform.   The village, located near the...

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Business & Money | Monday 8 January, 2024 9:38 am

Saudi Paper pens SAR 102.1M credit facilities deal with Bank ABC

Saudi Paper Manufacturing Co. signed an agreement with Arab Banking Corporation (Bank ABC) to provide credit facilities worth EUR 24.9 million (equivalent to SAR 102.13 million), the company said in a statement to Tadawul.   The financing term is five years, and the amount is covered ...

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Business & Money | Sunday 7 January, 2024 10:44 am

Al-Hamad: Boosting Commercial Arbitration to Attract Foreign Investments in GCC Nations

Dr. Kamal bin Abdullah Al Hamad, the Secretary-General of the GCC Commercial Arbitration Centre, underlined the significance of bolstering the role of commercial arbitration and dispute resolution to attract foreign investments to the GCC countries. This was stated during a meeting with His...

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