Business & Money | Sunday 8 February, 2026 10:57 am

‎The Council of Ministers’ recognition of the Real Estate Future Forum underscores the Forum’s role as a national platform for alignment, partnership, and measurable impact

‎The Council of Ministers’ recognition of the Real Estate Future Forum underscores the Forum’s role as a national platform for alignment, partnership, and measurable impact — translating dialogue into outcomes that advance the sector’s developmental...

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Business & Money | Tuesday 23 June, 2026 10:39 am

Emaar EC shareholders approve SAR 1B convertible loan, elect new board

Shareholders of Emaar The Economic City (Emaar EC) approved, at the ordinary general meeting (OGM) held on June 22, the transactions and contracts concluded with the Public Investment Fund (PIF) for 2025, relating to the amendment and restatement of the existing shareholder loan...

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Business & Money | Tuesday 23 June, 2026 9:52 am

Yaqeen Capital launches SAR 600M real estate fund in Madinah

Yaqeen Capital launched and commenced operations of the Yaqeen Madinah Hotel Fund, a Shariah-compliant closed-ended private real estate development fund. According to a statement on Tadawul, the fund targets a size of approximately SAR 600 million, including bank financing. The fund will...

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Technology & IT | Tuesday 23 June, 2026 9:52 am

HONOR Introduces HONOR Magic V6 and Launches HONOR Business at a Landmark Launch Event in Riyadh

HONOR, a global leading AI device ecosystem company, successfully hosted a landmark launch event at the Hilton Riyadh Hotel & Residences, unveiling its latest flagship foldable smartphone, the HONOR Magic V6, alongside the official introduction of its B2B division, HONOR Business. The...

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Business & Money | Tuesday 23 June, 2026 9:23 am

Arab Coordination Group Convenes 21st Heads of Institutions Meeting in Vienna to Advance Joint Development Action and Global Partnerships 

Vienna, Austria – The Arab Coordination Group (ACG), one of the world’s largest partnerships of development finance institutions, convened its 21st Meeting of Heads of Institutions today at the headquarters of the OPEC Fund for International Development in Vienna, Austria. The meeting was...

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Business & Money | Tuesday 23 June, 2026 7:42 am

Red Sea subsidiary signs SAR 352.6M subcontract for Diriyah project

Red Sea International Co. announced that its subsidiary, Fundamental Installation for Electric Work Co. Ltd. (First Fix), signed a subcontract worth SAR 352.6 million (excluding VAT) with Salini Saudi Arabia Co. to execute mechanical, electrical, and plumbing (MEP) works for a project in...

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Business & Money | Tuesday 23 June, 2026 7:40 am

Asas Makeen renews SAR 350M credit facilities with Al Rajhi Bank

Asas Makeen Real Estate Development and Investment Co. renewed its Shariah-compliant credit facilities agreement worth SAR 350 million with Al Rajhi Bank. In a statement to Tadawul, the company said it obtained the financing on June 21. The facilities have varying tenors of 6, 24, 36, and 120...

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Business & Money | Tuesday 23 June, 2026 7:37 am

Ministry of Energy and Infrastructure, KHDA host Future Circles dialogue

The Ministry of Energy and Infrastructure (MoEI), in partnership with the Knowledge and Human Development Authority (KHDA), hosted the inaugural edition of Future Circles, an interactive youth-leadership dialogue that brought together members of the Dubai Students Council with government leaders to ...

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Business & Money | Tuesday 23 June, 2026 7:36 am

UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure (MoEI), received Kim Jung-kwan, Minister of Trade, Industry, and Energy of the brotherly Republic of Korea, in Abu Dhabi to discuss avenues for strengthening bilateral cooperation...

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Business & Money | Tuesday 23 June, 2026 7:34 am

DP World, Wilo expand partnership on sustainable water technology, smart logistics

DP World and Wilo Group have expanded their strategic partnership through a new Memorandum of Understanding, aimed at advancing sustainable infrastructure, smart logistics solutions and AI-based innovations in the global water sector. The agreement was signed at Wilopark in Dortmund by Oliver...

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Business & Money | Tuesday 23 June, 2026 7:32 am

ADFD participates in 21st Meeting of Heads of Institution of Arab Coordination Group in Vienna

Abu Dhabi Fund for Development (ADFD), as part of a high-level delegation led by Mohamed Saif Al Suwaidi, Director-General, took part in the 21st Meeting of Heads of Institution of the Arab Coordination Group (ACG), hosted by the OPEC Fund for International Development in Vienna, Austria. The...

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