13 Rajab 1447 - 1 January 2026
    
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Eye of Riyadh

Global Media Figure Piers Morgan: I look forward to participating in the Real Estate Future Forum 2026, as it represents a vital platform for the future of global real estate.
Business & Money | Wednesday 31 December, 2025 12:50 pm
For the second consecutive year, British broadcaster and internationally influential media figure Piers Morgan will participate in the fifth edition of the Real Estate Future Forum, convening at a critically important moment as Saudi Arabia undergoes a pivotal transformation in its real estate...
Partnership between former Prime Minister of the United Kingdom and the Real Estate Future Forum
Business & Money | Wednesday 19 November, 2025 1:28 pm
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...
TAQA, EWEC announce financial closing for 1GW Al Dhafra Power Plant
Business & Money | Wednesday 31 December, 2025 10:56 am
Abu Dhabi National Energy Company PJSC (TAQA), together with Emirates Water and Electricity Company (EWEC), on Tuesday announced the financial closing of AED3.6 billion 1GW Al Dhafra Power Plant, which will provide power to data centre projects and advance the UAE National Strategy for Artificial...
Sharjah Ruler approves 2026’s general budget of AED44.5 billion
Government | Wednesday 31 December, 2025 10:55 am
His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has formally approved the general budget for the emirate, which encompasses total expenditures of approximately AED44.5 billion. This budget is designed to foster financial sustainability,...
FTA announces implementation of amendments to certain provisions of service fees from 1st January
Government | Wednesday 31 December, 2025 10:52 am
The Federal Tax Authority (FTA) has announced the commencement of Cabinet Decision No. 174 of 2025 amending certain provisions of Cabinet Decision No. 65 of 2020 on the fees for services provided by the Federal Tax Authority, effective from 1st January 2026. The Authority explained that under...
ADSW Summit 2026 to set stage for global systems transformation
Business & Money | Wednesday 31 December, 2025 10:41 am
Abu Dhabi Sustainability Week (ADSW) has announced the programme for the ADSW Summit 2026, focused on aligning government and industry leaders, investors and innovators to deliver system-wide action and accelerate sustainable progress. Under the ADSW 2026 theme “The Nexus of Next: All...
Majra concludes 2025 with major sustainability, health, entrepreneurship initiatives
Business & Money | Wednesday 31 December, 2025 10:39 am
Majra –National CSR Fund concluded the fourth quarter of 2025 with a distinguished portfolio of achievements that underscored its continued evolutionary federal role in leading and structuring the corporate social responsibility ecosystem and the sustainable impact economy in the United Arab...
International Defence Conference 2026 to spotlight intelligent autonomy, global security transformation in Abu Dhabi
Business & Money | Wednesday 31 December, 2025 10:39 am
The International Defence Conference (IDC) 2026 is set to take place on the eve of the seventh edition of the Unmanned Systems Exhibition and Conference (UMEX) and Simulation and Training Exhibition (SimTEX) 2026. Held under the patronage of H.H. Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan,...
Alkhorayef Water wins SAR 155.1M project with Jeddah Municipality
Business & Money | Wednesday 31 December, 2025 10:32 am
Alkhorayef Water and Power Technologies Co. (AWPT) announced the award of a project with the Jeddah Municipality, with a total value of SAR 155.09 million, excluding value-added tax (VAT). In a statement to Tadawul, the company said it will carry out operation (cleaning) works for rainwater...
Makkah Construction purchases land plot worth SAR 980M
Business & Money | Wednesday 31 December, 2025 10:24 am
Makkah Construction and Development Co. purchased a land plot in an auction, held in Makkah by Adeer Real Estate Co. on Sept. 30, for SAR 980 million, including commission fees and real estate tax. In a statement to Tadawul, the company said the land plot is located on Ajyad street, Makkah,...
Masar inks MoU to set up private real estate fund with SAR 221M capital
Business & Money | Wednesday 31 December, 2025 10:22 am
Umm Al Qura for Development & Construction Co. (Masar) signed on Dec. 30 a non-binding memorandum of understanding to establish a real estate private fund. Al-Inma First Development Co. (SPV for Masar-owned Al-Inma Makkah Development Fund I) inked the deal with BIM Capital and Ajbal...
 Council of Economic and Development Affairs reviews key topics, reports
Government | Wednesday 31 December, 2025 1:03 am
The Council of Economic and Development Affairs held a meeting via video conference today, during which it reviewed a number of key topics and reports.  During the meeting, the council followed up on several procedural matters, including draft laws on general education, consumer...
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