Business

Emaar Development Sales Surge 75% to AED 65B; Backlog Exceeds AED 91B

The Brew News Team Feb. 18, 2025

Dubai: Emaar Development PJSC (DFM: EMAARDEV), the UAE’s premier property development company specialising in the build-to-sell property development business, and a majority-owned subsidiary of Emaar Properties PJSC (DFM: EMAAR), achieved the best results ever in 2024, through assertive determination challenging the status quo. The company’s performance is a clear testimony of its efficiencies, hard work, […]

Burjeel Holdings First in UAE to Earn NIHS Accreditation for Oncology Fellowship

The Brew News Team Feb. 17, 2025

The Orthopedic Residency and Hematology-Oncology Fellowship programs will equip physicians with the expertise needed to meet global healthcare standards. Abu Dhabi: Burjeel Holdings, a leading super-specialty healthcare provider in the MENA region, has achieved a significant milestone in healthcare education by receiving accreditation from the National Institute for Health Specialties (NIHS), a prestigious accreditation program […]

Top 100 companies in UAE: Best workplaces of 2025 revealed

The Brew News Team Feb. 15, 2025

DUBAI: The Best Workplaces in UAE 2025 list has been unveiled by Great Place to Work, celebrating 100 top organisations across diverse industries. The rankings are split into three categories: 25 large companies, 35 medium-sized firms, and 40 small businesses. Mohammed AlShair, Executive Chairman of Great Place to Work Middle East, highlighted the impact of […]

Honda and Nissan cancel merger talks, citing strategic differences

The Brew News Team Feb. 14, 2025

TOKYO: Honda and Nissan have scrapped their merger talks, ending what could have been a game-changing partnership in the global auto industry. The two Japanese carmakers confirmed on Thursday that they had abandoned their plans to form the world’s third-largest automaker, a move initially aimed at strengthening their position in the electric vehicle market against […]

Sharjah announces new 20% corporate tax for some companies

The Brew News Team Feb. 14, 2025

SHARJAH: Sharjah has introduced a 20% corporate tax for businesses engaged in extractive and non-extractive natural resources. This new tax law, announced by Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, applies to companies operating in both sectors within the emirate. For extractive companies, the tax will be based […]

GE Aerospace invests $10M in Mideast MRO facilities for airlines

The Brew News Team Feb. 10, 2025

GE Aerospace’s proprietary lean operating model, will help drive continuous improvement beyond the investment. 2024-2025 investment includes capacity expansion, enhanced training, additional tooling, and a 30% increase in headcount. Dubai: On the sidelines of MRO Middle East, GE Aerospace (NYSE:GE) announced a $10 million investment in its two maintenance, repair and overhaul (MRO) facilities in […]

First Gemini Cooperation vessel arrives at Jebel Ali Port

The Brew News Team Feb. 08, 2025

DUBAI: DP World has welcomed the first Gemini Cooperation vessel, marking a major milestone in the strategic alliance between Hapag-Lloyd and Maersk. The MV Houston Express, a 15,000 TEU containership, docked at Jebel Ali Port on February 5, reinforcing Dubai’s role as a global trade hub. Part of the Indian Ocean Service, the vessel strengthens […]

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