Business & Money | Wednesday 19 November, 2025 1:28 pm

Partnership between former Prime Minister of the United Kingdom and the Real Estate Future Forum

As part of preparations for the fifth edition of the Real Estate Future Forum, taking place in May 2025, Forum officials met in London with Baroness Theresa May, former Prime Minister of the United Kingdom and member of the House of Lords. The meeting was held during an international tour aimed at...

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Business & Money | Sunday 14 December, 2025 7:49 am

Under the patronage of the Deputy Governor of the Makkah Region and in the gracious presence of the Governor of Jeddah, Souq7 is inaugurated in the Kingdom as the largest open-air retail and entertainment destination.

Under the patronage of His Royal Highness Prince Saud bin Mishaal bin Abdulaziz Al Saud, and honoured by the presence of His Highness Prince Saud bin Abdullah bin Jalawi, Governor of Jeddah, Souq7 officially opened its doors on Wednesday, December 10, 2025 (19 Jumada Al-Akhirah 1447H), marking a...

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Business & Money | Sunday 14 December, 2025 7:43 am

Azizi Developments Signs Large Land Lease Agreement of 440,000 sqm with AD Ports Group

Azizi Developments, a leading private developer in the UAE, today announced that it has signed a 50-year lease agreement with AD Ports Group (ADX: ADPORTS) subsidiary Khalifa Economic Zones Abu Dhabi – KEZAD Group, representing an investment value of AED 2 billion that will facilitate the growth...

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Business & Money | Sunday 14 December, 2025 7:42 am

Dubai Maritime Authority announces Mandatory Plan for Marine Traffic on New Year’s Eve 2026

The Dubai Maritime Authority at the Ports, Customs and Free Zone Corporation has announced the implementation of a mandatory plan for managing marine traffic in preparation for the 2026 New Year’s Eve celebrations, aiming to ensure the highest levels of safety and organization across Dubai’s...

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Business & Money | Sunday 14 December, 2025 7:33 am

Union Properties breaks ground ‘Mirdad’, another flagship AED 2 billion community development in Motor City

Union Properties PJSC (“Union Properties” or “the Company”) (DFM symbol: UPP) has officially broken ground on ‘Mirdad’, its AED 2 billion flagship project in Dubai Motor City, the Company’s second landmark development in the area. This milestone underscores Union Properties’ renewed ...

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Business & Money | Sunday 14 December, 2025 7:29 am

Abu Dhabi launches FIDA cluster to shape the next generation of financial and investment solutions

Abu Dhabi has launched the FinTech, Insurance, Digital and Alternative Assets (FIDA) cluster to accelerate the development of next-generation financial and investment solutions and expand the emirate’s role as a global capital hub. Spearheaded by the Abu Dhabi Department of Economic...

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Tourism & Hospitality | Sunday 14 December, 2025 7:25 am

BEYOND Developments Reveals a New Vision for Purposeful Living on Dubai Islands with SIORA

BEYOND Developments, the bold and design-led real estate developer shaping next-generation waterfront destinations in the UAE, today unveiled SIORA, its first beachfront masterplan on Dubai Islands and the company’s second large-scale community within a year. The launch underscores BEYOND’s...

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Business & Money | Sunday 14 December, 2025 7:20 am

Residential property prices mixed in Q3 2025: JLL

JLL said that growth in Saudi residential property prices has slowed and, in some cases, declined following a period of strong expansion, particularly in the capital, Riyadh.   In a report, JLL noted that other markets recorded strong demand accompanied by continued price increases,...

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Technology & IT | Sunday 14 December, 2025 7:17 am

Trump signs executive order to block state-level AI

US President Donald Trump signed an executive order to block state-level artificial intelligence (AI) regulations, aiming to establish unified federal standards and giving the Department of Justice authority to penalize states that impose rules deemed restrictive for the...

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Business & Money | Sunday 14 December, 2025 7:15 am

Saudi Arabia issues 95 new industrial licenses in October

Saudi Arabia’s Ministry of Industry and Mineral Resources issued 95 new industrial licenses in October, while 81 factories began production during the same month. The newly licensed projects represent investments exceeding SAR 2.4 billion and are expected to create more than 942 jobs across...

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Business & Money | Sunday 14 December, 2025 7:15 am

Events Investment Fund to develop 20 projects in Riyadh, Jeddah for SAR 8B

Wahdan Al Kadi, CEO of the Events Investment Fund (EIF), said that the fund plans to develop 20 projects in Riyadh and Jeddah at a total value of SAR 8 billion over the next five years.   Speaking to Al-Eqtisadiah on the sidelines of the Development Finance Conference (MOMENTUM) in...

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