BusinessLatest Business and Company Updates
Sharjah Delivers Strong Returns on $1.5bn FDI Surge
Sharjah has posted a striking upturn in foreign direct investment capital in the first half of 2025, attracting $1.5 billion, a leap of 361 percent compared to $325 million in the same period last year. The emirate also saw the launch of 74 new projects—57 percent more than in H1
Region
Kingdom Holding moves on Al Hilal
Kingdom Holding Company has agreed to buy a 70% stake in Al Hilal from Saudi Arabia’s Public Investment Fund, in a transaction that marks a new phase in the Kingdom’s football privatisation drive and puts one of the country’s highest-profile
KEZAD seals 50-year Galadari lease
Khalifa Economic Zones Abu Dhabi has signed a 50-year land lease agreement with Galadari Brothers’ Heavy Equipment Division to develop a large-scale logistics and distribution hub at KEZAD A in Al Ma’mourah, marking another long-term industrial commitment within Abu Dhabi’s
Danube vows jobs shield in Dubai
Dubai-based Danube Group has said it will retain its full workforce and keep salary payments on schedule, with founder and chairman Rizwan Sajan telling staff the company will not resort to layoffs even as businesses across the Gulf navigate the
