Daily Archives: October 20, 2025

Business & Investments

PlanRadar Report Reveals How Inconsistent QA/QC Standards Drain Construction Profits Across the GCC

Quality management is a top priority, but inconsistent standards are eroding margins and fuelling costly rework.

Dubai, UAE, 20th October 2025 — A new study by PlanRadar, a leading platform for digital documentation, communication, and reporting in construction, facility management, and real estate projects, reveals a clear contradiction at the heart of quality management.

More than seven in ten construction companies across global markets, including the GCC, begin QA/QC processes from day one — yet over three-quarters (77%) still report inconsistencies between sites and trades. The result: profit margins shrink, disputes rise, and warranty risks climb.

Ibrahim Imam, Co-Founder and CEO of PlanRadar, commented, “QA/QC is a top priority in the construction industry — but the challenge is consistency. Our research shows that when every site and trade follow a different playbook, quality outcomes become a matter of chance and costs become unpredictable. The path forward is clear: unified, enforceable QA/QC standards that create visibility, reduce disputes, and protect margins.”

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Business & Investments

AlRajhi Bank Partners with Mozn to Harness AI in the Fight Against Fraud

Dubai, UAE – October 2025: Mozn, a regional leader in enterprise AI technologies, has entered into a strategic agreement with AlRajhi Bank, aimed at supporting the bank’s efforts in combating financial fraud through Mozn’s AI-driven financial crime prevention platform, FOCAL. 

Saudi Arabia’s economic transformation is accelerating, and digital finance now stands as a key driver of the Kingdom’s pursuit of economic excellence. In 2024, electronic payments made up 79% of all retail transactions, up from 70% in 2023, with 12.6 billion non-cash payments processed across Saudi Arabia. This strategic pivot, underpinned by advanced digital infrastructure, highlights the Kingdom’s commitment to building a strong digital economy.

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Business & Investments

IBPC Dubai Spreads Diwali Cheer to Labour Camps Across the UAE

IBPC Dubai Spreads Diwali Cheer to Labour Camps Across the UAE
Festive sweet distributions and cultural events bring warmth and joy to thousands

October 20,2025 : Dubai, United Arab Emirates


In the spirit of Diwali, the Indian Business and Professional Council (IBPC Dubai) is lighting up the lives of the labour community across the UAE through a series of heartfelt CSR activities and cultural celebrations.

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Education

Manipal Academy of Higher Education (MAHE), Dubai earns prestigious CAA accreditation for its programmes from UAE Ministry of Higher Education, advancing higher education excellence

Image - Manipal Academy of Higher Education Dubai campus

Dubai, UAE – 20 October 2025: Manipal Academy of Higher Education (MAHE) Dubai proudly announces that its programs have been accredited by the UAE Ministry of Higher Education and Scientific Research (MoHESR) through the Commission for Academic Accreditation (CAA). The decision follows a rigorous review based on the Ministry’s outcome-based framework, which evaluates programs across graduate employability, learning outcomes, industry partnerships, research, institutional reputation, and community engagement.

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Business & Investments

UBF: Compliance is key to banking industry and sustainable development

Abu Dhabi- Dubai, United Arab Emirates, 20 October 2025:

UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, has reaffirmed the importance of compliance with all laws and regulations governing the banking and financial sector, emphasising that it is a key to the banking industry and sustainable development. The Federation stressed the critical role of adhering to legal and regulatory frameworks to support stability and growth of the UAE’s financial and banking sector, under the direct supervision of the Central Bank of the United Arab Emirates (CBUAE), and to play its role in achieving the country’s sustainable economic and social development goals.

MENA Financial Crimes and Compliance Conclave- Mr. Jamal Saleh, Director General of UBF

In his opening keynote address at the MENA Financial Crimes and Compliance Conclave 2025, Mr. Jamal Saleh, Director General of UBF, said: “Compliance is not just about adhering to laws —It’s about fostering a culture of integrity and accountability. We are all working within the frameworks to combat financial crimes and ensure compliance with local and international regulations, as well as the frameworks established by CBUAE, to reinforce the leading position of our banking and financial sector.”

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