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 | Tuesday 16 December, 2025 9:48 am

Saudi Arabia Railways and Dedicated Housing Company Launch a Hospitality-Inspired Residential Community Aligned with Transit-Oriented Development in Al Malaz, Riyadh

 In a strategic move to support the evolution of Riyadh’s urban landscape, Saudi Arabia Railways (SAR) has entered into a partnership with Dedicated Housing Company (DHC) to develop a hospitality-inspired residential community adjacent to the East Network railway station and the metro in Al...

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Business & Money | Tuesday 16 December, 2025 9:30 am

Binghatti and Mercedes-Benz Unveil the World’s First Mercedes-Benz Branded City in Dubai, with an Investment Value of AED 30 Billion.

In a landmark moment for the global real estate and luxury automotive industries, Binghatti Developers, Dubai’s largest and fastest-growing property developer, and Mercedes-Benz, the world-renowned luxury automotive brand, are coming together once again to unveil a new chapter of their iconic...

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Business & Money | Tuesday 16 December, 2025 9:29 am

Cenomi Retail shareholders to vote on name change on Jan. 5

Fawaz Abdulaziz Alhokair Co.’s (Cenomi Retail) shareholders will vote on amending a number of articles of the company’s bylaws, including changing the company’s name to AFG International during the extraordinary general meeting slated for Jan. 5, 2026.   According to a...

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Business & Money | Tuesday 16 December, 2025 9:25 am

Mastercard achieves its first Guinness World Records™ title in Saudi Arabia with its “Priceless Dribble” campaign

Mastercard has achieved a Guinness World Records™ title for the Most nationalities passing a football with its “Priceless Dribble” campaign in the Saudi capital Riyadh that has become a symbol of unity in the Kingdom. As Saudi Arabia gears up to becoming a global hub for sports events, people ...

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Business & Money | Tuesday 16 December, 2025 9:19 am

JLL acquires stake in PIF’s facility management arm FMTECH

JLL announced today, Dec. 15, signing an agreement to acquire a “significant stake” in Saudi Facility Management Co. (FMTECH) — a company owned by the Public Investment Fund (PIF). PIF will maintain a majority stake in FMTECH. The transaction is expected to close subject to customary...

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Business & Money | Tuesday 16 December, 2025 9:15 am

Saudi Arabia ranks 10th among G20 countries on UHC Index

Saudi Arabia has achieved progress in the Universal Health Coverage (UHC) Index, as its coverage score rose from 74 points to 83 points, recording a jump of 9 points, showed the results of the 2025 report issued by the World Health Organization and the World Bank Group.   The Kingdom ...

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Business & Money | Monday 15 December, 2025 1:00 pm

GIB Capital Strengthens Regional Leadership with Three Landmark International Capital Markets Transactions Totalling USD 2.1 Billion

GIB Capital, one of the region’s leading financial and investment banking advisors, today announced the successful execution of three major international capital markets transactions in November 2025, underscoring the firm’s growing influence and distribution strength across global debt...

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Business & Money | Monday 15 December, 2025 9:51 am

PALMA DEVELOPMENT AWARDS AED 760 MILLION CONTRACT FOR WEST RESIDENCE AT SERENIA DISTRICT

 Palma Development, one of the pioneering developers in the UAE real estate industry, has awarded an AED 760 million construction contract to Khansaheb Civil Engineering to deliver the West Residence, a 46-storey tower, which represents phase 1 within Serenia District at Jumeirah Islands. The...

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Government | Monday 15 December, 2025 9:28 am

Dubai Customs launches project to update its strategic plan 2026–2030

As part of its ongoing efforts to strengthen Dubai’s position as a leading global hub for trade, economy, and government innovation, Dubai Customs announced the launch of its project to update its institutional strategic plan 2026–2030. This initiative reflects the organization’s...

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Business & Money | Monday 15 December, 2025 9:25 am

Alkhorayef Water awarded SAR 57.3M contract by NWC in Hafer Al-Batin

Alkhorayef Water and Power Technologies Co. (AWPT) was awarded a contract on Dec. 11 by the National Water Co. (NWC) at a value of SAR 57.28 million (excluding VAT).   Under the 36-month contract, AWPT will perform the operation and maintenance of water and wastewater networks in...

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