ABU DHABI / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the Union General Budget Plan for the fiscal year 2025. The budget totals AED71.5 billion in revenues and AED71.5 billion in estimated expenditures, maintaining a balanced approach between income ...

ABU DHABI / GULF TIME Ittihad International Investment LLC, a leading diversified investment conglomerate with a portfolio across four verticals, has received a provisional ‘AAA’ ESG rating from MSCI. This highest rating positions the Company among the most sustainable industrial conglomerates, regionally and globally. Ittihad’s portfolio spans four key verticals: Consumer Goods Manufacturing, including paper and tissue production, as well ...

DUBAI/GULF TIME Leading Dubai developer Binghatti Properties is embarking on a portfolio expansion that will almost double the size of its portfolio within the next 18 months to AED100 billion, compared to the current AED40 billion. This comes after Binghatti had displayed strong performance in the market in the first half of the year. Muhammad Binghatti, the Chairman of Binghatti ...