Business & Money | Monday 13 April, 2026 8:00 am

Al-Saif inaugurates Lenovo regional HQ in Riyadh

Investment Minister Fahd Al Saif inaugurated today, April 12, Lenovo’s regional headquarters (HQ) for the Middle East, Turkey, and Africa in Riyadh. This comes as part of Saudi Arabia’s push to boost its appeal as a hub for global companies. The minister said the move reflects the success...

More Details

Business & Money | Monday 13 April, 2026 8:00 am

ELSEWEDY ELECTRIC Advances Power Transformation with Six High-Voltage Substations in Saudi Arabia

 ELSEWEDY ELECTRIC Power Systems Projects is currently executing a portfolio of six high-voltage power substations across various regions of the Kingdom, with voltage levels ranging between 110 and 115 kilovolts. This is part of the company’s ongoing commitment to supporting and...

More Details

Business & Money | Monday 13 April, 2026 7:00 am

Dubai SME launches new platform for youth entrepreneurship & innovation

The Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism (DET), has launched Majlis Al Mustaqbal, a new entrepreneurship programme designed to empower aspiring youth entrepreneurs and support the development...

More Details

Business & Money | Monday 13 April, 2026 7:00 am

Dubai Chambers discusses expanding Dubai-China economic ties during meeting with CCPIT Shanghai

Dubai Chambers held a meeting with the China Council for the Promotion of International Trade (CCPIT) Shanghai to explore ways to strengthen economic ties and enhance trade and investment cooperation between the business communities in Dubai and China. The meeting was attended by Mohammad Ali...

More Details

Business & Money | Monday 13 April, 2026 7:00 am

RAKEZ strengthens Ras Al Khaimah’s position as global investment destination

Ras Al Khaimah Economic Zones (RAKEZ) has, since its launch in April 2017, reinforced its position as one of the UAE’s leading entities supporting investment and business, based on a vision of providing a flexible business environment, advanced infrastructure, and an integrated services ecosystem ...

More Details

Business & Money | Monday 13 April, 2026 7:00 am

DIFC introduces package of relief measures to support clients

 Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, is introducing a targeted package of temporary economic support measures to assist its business and retail community as the region emerges from the...

More Details

Business & Money | Monday 13 April, 2026 7:00 am

Azizi Developments’ Azizi Central enters final stage ahead of handover

 Azizi Developments, a leading private developer in the UAE, has announced that Azizi Central in Al Furjan is approaching project delivery, with works now 98% complete. Construction is progressing steadily, with the structure, blockwork, internal plastering, tiling, HVAC, and elevator...

More Details

Business & Money | Sunday 12 April, 2026 2:50 pm

Industrial Cities Attract over SAR1.5 Trillion in Investments in 2025

The Royal Commission for Jubail and Yanbu (RCJY) announced that total investments in its industrial cities exceeded SAR1.5 trillion by the end of 2025, according to its annual report.The figure reflects the commission's role as a key enabler of the National Industrial Development and Logistics...

More Details

Business & Money | Sunday 12 April, 2026 12:53 pm

SAR Launches Five New Logistics Routes to Boost International Trade Flows

Saudi Arabia Railways (SAR) has launched five new logistics routes designed to enhance supply chain efficiency and integrate various transport modes.These routes link Arabian Gulf ports with the Kingdom’s central and northern regions, extending to the Red Sea and northern neighboring countries....

More Details

Business & Money | Sunday 12 April, 2026 10:12 am

ADES extends offshore rig contract in Nigeria; adds SAR 178M to backlog

Ades Holding Co. secured a one-year extension for the jack-up offshore rig Shelf Drilling Scepter contract with Chevron Nigeria, with an additional one-year extension option that remains unpriced. In a statement to Tadawul, the company said the extension adds around SAR 178 million (about...

More Details