Business & Money | Wednesday 14 October, 2026 8:00 am

Saudi Cabinet approves Trade Authority Merger

Saudi Arabia’s Cabinet, chaired by Crown Prince and Prime Minister Mohammed bin Salman, approved the merger of the General Authority for Foreign Trade and the Saudi Export Development Authority into a single entity named the General Authority for Foreign Trade and Export, directing the...

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Business & Money | Wednesday 14 October, 2026 8:00 am

RCRC signs contracts to purchase 94 new trains; deliveries to begin in 2028

The Royal Commission for Riyadh City (RCRC) signed contracts to purchase and manufacture 94 new trains as the first phase of expanding the Riyadh Metro fleet. The expansion will increase the network’s fleet from 183 to 277 trains, with deliveries of the new trains scheduled to begin in...

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Healthcare | Tuesday 13 October, 2026 11:32 am

Saudi Food and Drug Authority Approves BAXFENDY™ (baxdrostat) for Adults with Uncontrolled and Resistant Hypertension

New treatment option for adults living with uncontrolled and resistant hypertension in Saudi ArabiaRIYADH, Saudi Arabia - The Saudi Food and Drug Authority (SFDA) has approved AstraZeneca's BAXDROSTAT as an add-on therapy for the treatment of hypertension in adult patients whose blood pressure is...

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Business & Money | Tuesday 13 October, 2026 8:00 am

CBUAE to organise annual UAE Banks Reception in Bangkok

The Central Bank of the UAE (CBUAE), in collaboration with the Ministry of Finance and the UAE Banks Federation (UBF), will organise the 2026 Annual UAE Banks Reception on Thursday, 15 October, in Bangkok, Thailand, during the Annual Meetings of the International Monetary Fund (IMF) and the World...

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Business & Money | Tuesday 13 October, 2026 8:00 am

The UAE’s Net Wealth Reaches $3.6 Trillion in 2025 and is Expected to Approach $6 Trillion by 2030, BCG Report Finds

 The UAE’s net wealth grew by 12.7% between 2024 and 2025, rising from $3.2 trillion to $3.6 trillion, according to Boston Consulting Group’s (BCG) Global Wealth Report 2026: The Great Reordering. Total Net wealth is forecast to reach $6 trillion by 2030, with a CAGR of...

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Business & Money | Tuesday 13 October, 2026 8:00 am

‘The Airport Show’ 2026 opens at Dubai World Trade Centre

H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Ports and Borders Security Council, opened today the 25th edition of ‘The Airport Show 2026’ at Dubai World Trade Centre. Running until 14 October, the event brings together more than 150 exhibitors from over 30...

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Business & Money | Tuesday 13 October, 2026 8:00 am

etisalat UAE launches world-first 2×2 uplink MIMO delivering threefold upload speeds

In a global first, etisalat UAE has become the first operator to commercially launch 2×2 uplink MIMO with carrier aggregation for smartphones. The new capability enables up to three times upload speed for compatible smart phones exclusively on etisalat UAE’s 5.5G network. The technology...

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Business & Money | Tuesday 13 October, 2026 8:00 am

Sharjah Investment Forum 2026 to begin on Wednesday

The ninth edition of the Sharjah Investment Forum (SIF 2026) will begin on Wednesday, reaffirming its position as one of the leading investment conferences and exhibitions in the Middle East and North Africa (MENA) region. The two-day forum, to be held at Al Jawaher Reception and Convention...

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Business & Money | Tuesday 13 October, 2026 8:00 am

UAE Cabinet approves AED292.5 billion Federal General Budget Plan for 2027–2029

The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the Federal General Budget Plan for 2027–2029, with a total outlay of AED292.5 billion. The Cabinet also approved the Federal General Budget Plan...

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Business & Money | Tuesday 13 October, 2026 8:00 am

UAE explores advanced manufacturing partnerships at China Industry Fair 2026

The UAE is exploring opportunities to strengthen industrial, technological and investment cooperation with China through the participation of a UAE delegation, led by Hasan Jasem Al Nowais, Undersecretary of the Ministry of Industry and Advanced Technology (MoIAT), alongside senior ministry...

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