Business & Money | Sunday 20 April, 2025 9:22 am

Saudi Rakha plans 30% IPO on Egyptian Exchange in H2 2025

Rakha for Agricultural Investment and Development Co., a subsidiary of Saudi Arabia's Alkhorayef Group, announced its intention to list 30% of its shares on the Egyptian Exchange (EGX) in the second half of 2025. Managing Director Abdullah Alkhorayef told Asharq News that the company owns...

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Tourism & Hospitality | Friday 18 April, 2025 3:08 pm

Moscow City Tourism Committee Brings 'Moscow Tea Time' to Dubai with 15 Cultural Venues

In 2025, Moscow Tea Time will make the international debut in Dubai, launching across 15 selected restaurants. The city’s rich tea traditions have been revived since the project was first introduced in Moscow in 2023. The Moscow Tea Time initiative will run from April 20 through May 3, 2025,...

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Business & Money | Friday 18 April, 2025 9:36 am

Dubai Internet City highlights Dubai's digital economy in Singapore

Dubai Internet City, the enabler of the Middle East’s digital economy, will join a delegation led by Dubai’s Department of Economy and Tourism (DET) at GITEX Asia, taking place on 23rd-25th April in Singapore. The region’s leading tech hub, part of TECOM Group PJSC, will showcase the...

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Business & Money | Friday 18 April, 2025 9:34 am

DXB recognised for leadership in aviation safety by ACI

Dubai International (DXB) has been recognised with the Airports Council International (ACI) Safety Recognition Award 2025 for its innovative and proactive approach to aerodrome safety. The award highlights DXB’s continuous efforts to introduce smart, scalable solutions that strengthen...

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Business & Money | Friday 18 April, 2025 9:32 am

DP World’s latest vessel makes maiden call at Jebel Ali Port

DP World has welcomed the latest addition to its Marine Services fleet, with the DP World Jebel Ali making its maiden call at its namesake, Jebel Ali Port. DP World Jebel Ali is a Sapphire 5300 compact gearless container vessel with cutting-edge maritime technologies designed to enhance cargo...

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Business & Money | Friday 18 April, 2025 9:30 am

Sharjah showcases innovation drive at InnoEX 2025 in Hong Kong

Under the banner "Innovate in Sharjah," the Sharjah FDI Office (Invest in Sharjah) and Sharjah Research, Technology and Innovation Park (SRTIP) took part in InnoEX 2025, promoting Sharjah’s innovation ecosystem and exploring new avenues of global collaboration. Held during Hong Kong’s...

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Business & Money | Friday 18 April, 2025 9:28 am

Legend Holding Group strengthens UAE-China partnership ties, future-forward innovation

Legend Holding Group opened its global headquarters in Dubai, reaffirming its vital role in the deepening relationship between the United Arab Emirates and the People’s Republic of China. The opening event brought together key dignitaries, including Ou Boqian, Consul-General of China in...

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Business & Money | Friday 18 April, 2025 9:26 am

Sharjah Islamic Bank reports net profit of AED318.9 million for Q1 2025

Sharjah Islamic Bank (SIB) commenced the year 2025 with strong financial performance during the first quarter, achieving a net profit after tax of AED318.9 million, an increase of 24.6 percent compared to AED255.9 million in the first quarter of 2024. Income from investments in Islamic...

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Business & Money | Friday 18 April, 2025 9:18 am

Saudi Arabia, Indonesia sign MoU for mining cooperation

Minister of Industry and Mineral Resources Bandar Alkhorayef today signed a memorandum of understanding (MoU) with Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia, in Jakarta, Indonesia. The agreement aims to strengthen strategic cooperation and exchange expertise between...

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Business & Money | Friday 18 April, 2025 9:15 am

Saudi Azm wins project from Ministry of Tourism

Saudi Azm for Communication and Information Technology Co. secured today, April 17, a project from the Ministry of Tourism. In a statement to Tadawul, the company said the project covers developing and enhancing the beneficiary and customer relations system and e-services. The...

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