Baku, Azerbaijan: The Islamic Development Bank Institute (IsDBI) and the Tanzania-based Centre of Islamic Finance, Compliance and Advice (CIFCA) signed a Memorandum of Understanding (MoU) to strengthen cooperation in advancing Islamic finance, capacity development, professional certification, resea…
Sharjah: The Sharjah Chamber of Commerce and Industry (SCCI) discussed ways to enhance trade and investment cooperation with the Kingdom of Belgium.The talks identified key opportunities to scale strategic economic partnerships between the UAE and Belgian business communities in line with the shar…
Dubai, UAE: Alternative investments across the GCC are entering a more institutional phase, driven by growing participation from family offices, private wealth platforms, sovereign investors and international capital. Governance, transparency, and long-term value creation are increasingly becoming…
The Bahrain Institute for Pearls and Gemstones “DANAT” has launched its 2025 Sustainability Report, together with its 2025 (GHG) Report and the Hayrat Project Initiative, marking a new step in the Institute’s efforts to advance environmental responsibility, strengthen scientific disclosure, and sup…
Manama, Bahrain: A significant 96% of Bahraini small and medium-sized enterprises (SMEs) affirm that digital and online payments are critical for their future growth, according to a Mastercard survey.The Mastercard SME Confidence Index is a multi-market study that captures the sentiment, priorities…
UAE – The Nemetschek Group, one of the world’s leading software providers for the Architecture, Engineering, Construction and Operations (AEC/O) industry, has announced the completion of its acquisition of Heavy Construction Systems Specialists (HCSS) from Thoma Bravo. The strategic move is set to…
Sharjah: Sharjah brought together business leaders, investors, and economic institutions from the UAE, Brazil, and Portugal at its Business & Padel Day 2026 on Thursday, opening discussions on collaboration opportunities across key sectors, with participants also exploring ways to expand joint inv…
Dubai, United Arab Emirates – Majid Al Futtaim, which owns the exclusive rights to operate Carrefour in the UAE, has unveiled its first premium Carrefour Market concept at Jumeirah Park Centre by Dubai Retail. The new store introduces a modern and elevated shopping experience designed around evolvi…
Dubai, UAE: Refine Development Management is proud to announce that its Founder and CEO, Thomas Wan, has been awarded CEO of the Year at the Design Middle East Leaders in Architecture Awards 2026, recognising his contribution to shaping the future of development management in the UAE.Since establis…
Dubai, United Arab Emirates – The Ministry of Finance announced the official listing and commencement of secondary market trading of the UAE's inaugural Sovereign Retail T-Sukuk Programme, following the successful completion of its inaugural sovereign issuance, which was designed specifically for i…
Abu Dhabi, UAE – XRG has completed the acquisition of an additional equity interest in Trains 4 and 5 of Rio Grande LNG at the Port of Brownsville, Texas. The transaction deepens XRG’s exposure to one of the world’s largest Liquefied Natural Gas (LNG) export facilities by giving it equity interests…
Kuwait/Oman/Dubai: Air India Express has restored connectivity to all destinations across its West Asia network with the resumption of services to Salalah in Oman and Kuwait. Flights on the Kozhikode–Salalah route resume from 2 July. Services between Kozhikode and Kuwait resume from 3 July, while f…
Abu Dhabi, UAE – Line Investments & Property Sole Proprietorship LLC celebrates the successful conclusion of its Summer Super Sale, held from 4 to 28 June 2026 across its 12 malls in Abu Dhabi, Al Ain, and Al Dhafra, rewarding thousands of shoppers with unbeatable savings and exciting prizes.The ca…
Jeddah, KSA: The Islamic Corporation for the Development of the Private Sector (“ICD”), a multilateral development financial institution and the private sector arm of the Islamic Development Bank (IsDB) Group, is pleased to announce the successful closure of USD 60 million Shariah-compliant Syndica…
Staff WriterDubai International Financial Centre (DIFC) has awarded the main construction contract for the 3 billion UAE dirhams ($817 million) DIFC Heights Tower mixed-use development to Al Basti & Muktha (ABM).The award marks a key milestone in the delivery of the project, which is being develope…
Dubai, UAE: Dubai International Financial Centre (DIFC) has awarded the main construction contract for DIFC Heights Tower, an AED 3bn gross development value mixed-use project located within Gate District, to Al Basti & Muktha LLC (ABM), marking a significant milestone in the development of the des…
Kuwait: Jazeera Airways, Kuwait's leading low-cost carrier, celebrated one year of resuming services to Damascus, by increasing its daily frequency to four flights effective 14 July 2026. The increase in frequency responds to continued demand from both leisure and visiting friends and relatives (V…
Riyadh - AstraZeneca is pleased to announce that the Saudi Food and Drug Authority (SFDA) has approved Etcamah (camizestrant), providing a new treatment option for patients with hormone receptor (HR) positive, HER2-negative advanced breast cancer whose tumours have an emergent ESR1 mutation that em…
Staff WriterThe Ministry of Finance celebrated the successful launch and official listing of the UAE's inaugural Sovereign Retail T-Sukuk Programme, with Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, ringing the opening bell at Nasdaq Dubai.The official listing marks the cu…
Staff WriterInception42 today announced the launch of Seraj, a new enterprise AI model purpose-built to advance Arabic-language AI capabilities for government and enterprise applications.Developed jointly with Microsoft and now available through Compass, Core42’s sovereign AI platform, Seraj combin…
