BusinessLatest Business and Company Updates
Dubai Internet City Welcomes Dhs720m TECOM Acquisition
TECOM Group, a prominent developer and operator of business parks in the UAE, has announced plans to acquire a commercial asset in Dubai Internet City for Dhs720 million. This strategic move is expected to enhance TECOM's portfolio and strengthen its position in the burgeoning tech and innovation sector of the
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Steel Sector Forecasts Growth as Demand Set to Rebound in 2025
A positive outlook for the US steel industry has emerged, with experts anticipating a significant rebound in demand by 2025. After struggling with lackluster demand and low prices, steel manufacturers are optimistic that the economic revival will drive a surge
Raydan Food Executives Jailed for Market Misconduct
Executives of Raydan Food Co, a prominent food services company in Saudi Arabia, have been sentenced to prison following a thorough investigation into market violations. This legal action marks a significant chapter in the kingdom's ongoing efforts to enforce stricter
Alpha Dhabi Holding sees sharp growth in Q2 profits
Alpha Dhabi Holding has reported a significant surge in its second-quarter net profit for 2025, reaching AED 4.53 billion, marking a 118% increase from AED 2.08 billion during the same period in 2024. This growth reflects the investment conglomerate's strategic
