Business from Tuesday, May 20th, 2025
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MoIAT secures AED 40 billion in bank partnerships to boost UAE industry
The UAE Ministry of Industry and Advanced Technology has secured over AED 40 billion in financing to boost the country’s industrial sector, following the signing of five major agreements with leading national banks.
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New decision safeguards whistleblowers in Dubai’s public sector
Public employees in Dubai who report financial or administrative violations will be legally protected under a new initiative to strengthen financial oversight and protect whistleblowers.
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Dubai Holding increases IPO size of Residential REIT
Dubai Holding will raise the size of residential REIT’s Initial Public Offering (IPO) to 15 per cent of issued unit capital, up from the previously announced 12.5 per cent.
News
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UAE confirms launch partner for far side moon missionThe UAE’s mission to explore the far side of the Moon has taken a major step forward.
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Dubai South to get AED 150 million stormwater drainage upgradeDubai is taking major steps to boost its stormwater infrastructure.
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More than 6,000 Dubai taxis added to Bolt platformGetting a taxi in Dubai just got easier, with thousands more now available to book digitally.
