Business & Money | Wednesday 11 June, 2025 10:33 am

Moro Hub, OpenText to accelerate digital transformation across UAE

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority, announced a strategic agreement with OpenText, the global leader in Information Management solutions. The agreement empowers Moro Hub to resell OpenText’s comprehensive portfolio of AI-enabled...

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Business & Money | Wednesday 11 June, 2025 10:29 am

KEZAD Group announces development of KEZAD Business District

Khalifa Economic Zones Abu Dhabi - KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, has announced the development of KEZAD Business District (KBD), Abu Dhabi’s newest business destination. Strategically located with frontage at the...

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Business & Money | Wednesday 11 June, 2025 10:26 am

Khaled bin Mohamed bin Zayed chairs meeting of Executive Committee of ADNOC Board of Directors

H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has chaired a meeting of the Executive Committee of the ADNOC Board of Directors. During the meeting, H.H. reviewed ADNOC’s financial performance in the first...

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Business & Money | Wednesday 11 June, 2025 10:23 am

Ministry of Finance hosts awareness session for Emirati students in China on career opportunities in international financial organisations

The Ministry of Finance, in collaboration with the UAE Consulate General in Shanghai and the New Development Bank, organised an awareness session for Emirati students studying in China as part of the ‘UAE Global Cadres’ initiative. Held at the New Development Bank’s headquarters in...

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Business & Money | Wednesday 11 June, 2025 10:19 am

RAKEZ to showcase UAE business opportunities at Egypt’s premier construction expo

Ras Al Khaimah Economic Zone (RAKEZ) is set to participate in the fifth edition of Big 5 Construct Egypt, the country’s largest and most influential construction industry event, taking place from 17 to 19 June 2025 at the Egypt International Exhibition Center (EIEC) in Cairo. With Egypt’s...

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Business & Money | Wednesday 11 June, 2025 10:16 am

ADNOC Gas takes final investment decision, awards $5 bn in contracts for first phase of its Rich Gas Development Project

ADNOC Gas Plc and its subsidiaries (together referred to as “ADNOC Gas” or the “Company”) announced today it has taken a FID and awarded $5 billion in contracts for the first phase of its Rich Gas Development (RGD) Project, marking a key milestone in the company’s largest-ever capital...

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Business & Money | Wednesday 11 June, 2025 10:09 am

Borouge, ADNOC L&S enter $531 million partnership to accelerate UAE petrochemical exports

Borouge Plc and ADNOC Logistics & Services Plc (ADNOC L&S) have entered a 15-year strategic partnership that will support a significant increase in the production and export of petrochemicals from the UAE. The mutually beneficial service agreement will deliver a minimum guaranteed...

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Business & Money | Wednesday 11 June, 2025 10:06 am

Clemta unlocks faster access to U.S. business banking for Gulf-based startups


Clemta’s new feature streamlines U.S. business setup for global entrepreneurs, removing early-stage banking delays and easing entry to the world’s largest venture capital market. Dubai – Clemta, a global digital platform, has launched a new capability for global entrepreneurs to...

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Business & Money | Wednesday 11 June, 2025 10:00 am

SEDCO Capital REIT board OKs Palm View acquisition for SAR 650M

SEDCO Capital, manager of the SEDCO Capital REIT Fund, announced that the fund’s board of directors signed a purchase agreement and completed the acquisition of Palm View office complex in Riyadh for SAR 650 million (excluding any acquisition-related fees). Located at Ad Diriyah, the...

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Business & Money | Wednesday 11 June, 2025 9:58 am

Cenomi Centers sells land plot in Al-Kharj for SAR 100M

Arabian Centres Co. (Cenomi Centers) announced the sale of a land plot to Saleh Mohammed Alsedairy in Al-Kharj city, located on the Riyadh-Al-Kharj Road, for SAR 100 million (excluding real estate transaction tax and brokerage fees). According to a statement on Tadawul, this transaction is...

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