Tourism & Hospitality | Monday 12 May, 2025 11:45 am

The Land of Legends Opens 2025 Season for A Legendary Family Summer in Antalya

As Türkiye’s tourism industry enters a record-setting year, The Land of Legends opens its 2025 summer season with new family-oriented offerings in Antalya. Prioritizing experiences over traditional holiday packages, the resort blends themed entertainment, accommodation, and retail into one...

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Business & Money | Monday 12 May, 2025 11:40 am

Aramco debt level ‘very low’; 3M bpd surplus capacity: Exec

Saudi Arabian Oil Co.’s (Saudi Aramco) debt level at 5.3% is the lowest among the five major global oil firms, Ziad Al-Murshed, Executive Vice President and CFO, told Al-Ekhbariya TV. The low debt level further strengthens Aramco’s financial flexibility, boosts its ability to execute its...

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Business & Money | Monday 12 May, 2025 11:35 am

SMC issues supplementary prospectus with Tawuniya as cornerstone investor

Specialized Medical Co. (SMC) issued a supplementary prospectus, disclosing that it received a binding commitment from The Company for Cooperative Insurance (Tawuniya) to subscribe as a cornerstone investor for 5.875 million shares in the offering, representing 2.35% of the company’s...

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Business & Money | Monday 12 May, 2025 11:32 am

UAE Chambers discuss strengthening economic, investment cooperation with Mongolia

The Federation of UAE Chambers of Commerce and Industry (UAE Chambers) has called for enhancing economic and investment cooperation with Mongolia, in a way that serves the mutual interests of business communities in both friendly countries. This came during a meeting between Humaid Mohammed...

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Business & Money | Monday 12 May, 2025 11:29 am

AqlanX secures $10 million investment from DoxAI to launch Arabic-first enterprise AI in Middle East

AqlanX, a UAE-based artificial intelligence company, today announced a US$10 million investment from Lakeba Group through their venture DoxAI, marking a significant milestone in the region’s digital transformation journey. The investment, facilitated through connections fostered by the...

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Business & Money | Monday 12 May, 2025 11:28 am

MoIAT launches 'Make it in the Emirates' national campaign with competitive enablers for industrialists

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, witnessed the nationwide launch of a national campaign under the ‘Make it in the Emirates’ platform to promote UAE-made products. The initiative, led by the Ministry of Industry and Advanced Technology (MoIAT),...

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Business & Money | Monday 12 May, 2025 11:24 am

Ministry of Finance clinches three Excellence in Procurement & Supply Awards 2025

The Ministry of Finance has clinched three Excellence in Procurement & Supply Awards 2025 from the Chartered Institute of Purchasing and Supply (CIPS). The awards were in recognition of the Ministry’s leading practices in procurement and supply chain management within the government’s...

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Business & Money | Monday 12 May, 2025 11:16 am

Women in Aviation – Middle East Charts a Path Toward Full Empowerment from the Ground Up

With a confident tone and exceptional participation, the “Women in Aviation – Middle East” conference concluded on the third day of Airport Show 2025, reaffirming that the future of aviation is set to be more inclusive and diverse—led by women steadily ascending to cockpits and boardrooms....

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Business & Money | Monday 12 May, 2025 11:10 am

Union Properties Delivers Strong Q1 2025 Results, Revenue Grows 18.2% and Pays Down AED179 million of Legacy Debt

Union Properties PJSC (“Union Properties” or “the Company”) (DFM symbol: UPP) announced its financial results for the first quarter of 2025, reporting a strong start to the year with 18.2% increase in revenue, reaching AED163 million compared with AED138 million in Q1 2024. This...

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Business & Money | Monday 12 May, 2025 10:11 am

Senkron Digital Showcases CyberPact Service at GISEC Global 2025

Dubai – Senkron Digital took part in GISEC Global 2025, held between May 6–8 in Dubai. This premier event, focused exclusively on digital security and cyber technologies, provided a platform for the company to present its CyberPact Security® service, specifically developed for operational...

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