Business & Money | Wednesday 2 September, 2026 2:57 pm

UAE convenes first Executive Technical Roundtable of Global Energy Efficiency Alliance

The Ministry of Energy and Infrastructure convened the first Executive Technical Roundtable of the Global Energy Efficiency Alliance (GEEA) during Middle East Energy 2026, bringing together senior government officials, corporate leaders, technology providers, and financial institutions to...

More Details

Business & Money | Wednesday 2 September, 2026 2:50 pm

Nigeria, UAE discuss boosting power generation by 5,000 MW: Nigeria's Federal Minister of Power

Joseph Olasunkanmi Tegbe, Nigeria's Federal Minister of Power, said his country is discussing proposals with the UAE to strengthen electricity generation capacity by around 5,000 megawatts, noting that solar energy is among the most prominent areas of cooperation between the two countries,...

More Details

Business & Money | Wednesday 2 September, 2026 2:48 pm

Saudi Arabia is outpacing global peers in AI and digital health adoption, says EY MENA’s new report, launched at LEAP 2026

 Saudi Arabia has emerged as a global frontrunner in the adoption of digital health and artificial intelligence (AI), according to the new EY report “Navigating the Future of Health in Saudi Arabia”. Launched today at the LEAP 2026 conference in Riyadh, the research reveals that a young,...

More Details

Business & Money | Wednesday 2 September, 2026 12:03 pm

ICIEC and EXIM Bank of Pakistan Sign Reinsurance Agreement to Strengthen Pakistan’s Export Sector

Islamabad, Pakistan –The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, has signed a Reinsurance Agreement with the Export-Import Bank of Pakistan (EXIM Bank of Pakistan),...

More Details

Business & Money | Wednesday 2 September, 2026 10:50 am

Kingdom Holding completes SAR 840M acquisition of Al-Hilal Club

Kingdom Holding Company (KHC) completed the acquisition of a 70% stake in Al-Hilal Club Co. from the Public Investment Fund (PIF) after fulfilling all transaction conditions and paying the full SAR 840 million consideration. In a statement to Tadawul, the company said it had paid the full...

More Details

Business & Money | Wednesday 2 September, 2026 10:17 am

NDMC completes USD 3.25B international sukuk issuance arrangements

The National Debt Management Center (NDMC) completed arrangements for an international issuance of US dollar-denominated Saudi government sukuk under the Saudi Government’s International Sukuk Issuance Program, structured on an Ijarah basis. This marks the Saudi government’s second...

More Details

Business & Money | Tuesday 1 September, 2026 2:00 pm

Saudi Tourism Authority names Ageel Alshaibani as CEO

The Saudi Tourism Authority’s board appointed Ageel Alshaibani as CEO, effective today. Alshaibani previously served as Deputy Minister of Tourism for Strategic Planning and Monitoring, where he contributed to the development and implementation of the National Tourism Strategy. He was...

More Details

Business & Money | Tuesday 1 September, 2026 1:34 pm

Emirates Environmental Group launches Emirates Hospitality Sustainability Alliance

The Emirates Environmental Group (EEG) officially launched the Emirates Hospitality Sustainability Alliance (EHSA) to advance environmental sustainability across the UAE’s hospitality sector through greater collaboration and measurable action. Launched at Coral Beach Resort Sharjah, the...

More Details

Business & Money | Tuesday 1 September, 2026 1:15 pm

Ras Al Khaimah Chamber explores new Opportunities for trade and investment during the UAE-Lebanon Business Forum

Ras Al Khaimah Chamber of Commerce and Industry explores new prospects during its participation with the UAE’s official delegation in the UAE-Lebanon Business Forum. His Excellency Mohamed Mosbbeh Al Nuaimi, Chairman, Ras Al Khaimah Chamber signed a cooperation and twinning agreement on the...

More Details

Business & Money | Tuesday 1 September, 2026 1:11 pm

DEWA develops standardised digital design for 132kV substations, enhancing efficiency, accelerating execution of power transmission projects

Dubai Electricity and Water Authority (DEWA) has developed a standardised and digitally optimised design for 132kV substations as part of its efforts to enhance the efficiency and resilience of Dubai's electricity infrastructure and keep pace with the rapid growth in energy demand while maintaining ...

More Details