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Month: May 2025

Salik’s Revenue Surges to AED751.6 Million in Q1 2025 Driven by New Toll Gates and Variable Pricing

May 13, 2025 by emadmin

Dubai: Salik Company, the exclusive toll gate operator in Dubai, announced its financial results for the first quarter of 2025, reporting a significant growth in revenue. Total revenue for the period reached AED751.6 million, marking a 33.7 percent in…

Categories Business, Trading

Aldar Sells Mamsha Gardens Building to GAW Capital for AED586 Million

May 13, 2025 by emadmin

Abu Dhabi: Aldar Properties has successfully completed the sale of a residential building at Mamsha Gardens to Hong Kong-based real estate private equity firm GAW Capital Partners, marking a significant transaction valued at AED586 million. This marks…

Categories Business, Trading

Dubai Chambers Hosts Kazakhstan Delegation to Explore Investment Opportunities

May 13, 2025 by emadmin

Dubai: Dubai Chambers recently welcomed a delegation of companies from Kazakhstan led by Nursultan Shokanov, Chairman of the Regional Council of the Chamber of Entrepreneurs of Almaty, to its headquarters. The delegation was briefed on Dubai’s competi…

Categories Business, Trading

EGA Reaches 50% Construction Milestone on UAE’s Largest Aluminium Recycling Plant

May 13, 2025 by emadmin

Abu Dhabi: Emirates Global Aluminium (EGA) announced that construction of the UAE’s largest aluminium recycling plant has reached 50 percent completion, 42 days ahead of schedule.

According to Emirates News Agency, the 170,000 tonnes per year facili…

Categories Business, Trading

ADNEC Group and Informa Forge Partnership to Boost Al Ain Exhibitions Sector

May 13, 2025 by emadmin

Al Ain: ADNEC Group has signed a Memorandum of Understanding (MoU) with Informa, a leading global organiser of exhibitions and events, marking the beginning of a significant collaboration to advance the exhibitions sector in Al Ain.

According to Emi…

Categories Business, Trading

Moro Hub and DIFC Form Strategic Alliance to Boost Digital Transformation

May 13, 2025 by emadmin

Dubai: Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), has entered into a Memorandum of Understanding (MoU) with the Dubai International Financial Centre (DIFC) during the 3rd edition of the Dub…

Categories Business, Trading

Etihad Airways Sees Significant Growth in April 2025 Traffic Statistics

May 13, 2025 by emadmin

Abu Dhabi: Etihad Airways, the national airline of the United Arab Emirates, has released its traffic statistics for April 2025, demonstrating continued strong growth and performance. The airline welcomed 1.7 million guests during the month, up 21% co…

Categories Business, Trading

National Bonds Expands Financial Education Programme to Reach 75,000 Students Across UAE Schools

May 13, 2025 by emadmin

Dubai: National Bonds, the UAE’s leading Sharia-compliant savings and investment company, in collaboration with the Knowledge Fund Establishment, has announced an ambitious expansion of its ‘Young Investor Programme’. The initiative is set to reach 50…

Categories Business, Trading
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