Business & Money | Sunday 18 October, 2026 8:00 am

MOMAH puts municipal land investment rules up for public consultation

Saudi Ministry of Municipalities and Housing (MOMAH) put a draft of the rules governing investment in municipal land up for public consultation via the Istitlaa platform, with a deadline of Nov. 10, 2026. The rules aim to establish mechanisms for investing in municipal land in exchange for...

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Business & Money | Sunday 18 October, 2026 8:00 am

Saudi investments curb impact of energy shock: Al-Jadaan

Mohammed Al-Jadaan, Minister of Finance and Chair of the International Monetary and Financial Committee (IMFC), said that the global economy is demonstrating remarkable resilience and continues to grow despite challenge. Most GCC countries have implemented structural reforms that helped them...

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Business & Money | Sunday 18 October, 2026 8:00 am

Al-Sayari: Potential for cooperation with China on regional payment systems

Governor of the Saudi Central Bank (SAMA), Ayman Al-Sayari, said future opportunities may arise to explore potential areas of cooperation and exchange expertise with China on developments in regional payment systems. Al-Sayari made the remarks during a joint meeting between the governors of...

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Business & Money | Friday 16 October, 2026 3:33 pm

How to Trade Global Currencies From the UAE

Foreign exchange is the largest financial market in the world, with global daily turnover reaching USD 9.6 trillion in April 2025, according to the Bank for International Settlements Triennial Survey, a jump of 28% from 2022. For UAE residents and businesses, some exposure to this market is often...

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Business & Money | Friday 16 October, 2026 11:18 am

Tamchy SFIT Named Asia-Pacific’s Top Rising Star in fDi’s Global Free Zones of the Year Awards 2026

Financial Times’ fDi Intelligence ranks Kyrgyzstan’s new financial jurisdiction second worldwide among newly established free zones Issyk-Kul, Kyrgyzstan – Tamchy Special Financial Investment Territory (SFIT) has ranked first in Asia-Pacific and second globally in the Rising Star...

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Business & Money | Thursday 15 October, 2026 7:59 pm

Why Profitable Businesses Still Fail: The Importance of Financial Discipline

Written BY: M. Abdullah A business can have customers, growing revenue and even report a profit while still running into serious financial trouble. That sounds contradictory, but profitability is only one part of financial health. Businesses need enough available cash to pay...

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Business & Money | Thursday 15 October, 2026 5:06 pm

Saudi reforms, fiscal buffers paying off amid shocks: IMF Chief

International Monetary Fund (IMF) Managing Director Kristalina Georgieva said structural and fiscal reforms implemented by Saudi Arabia and the GCC countries in the recent years have helped build economic and fiscal buffers that are clearly paying off amid current shocks. Speaking on the...

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Business & Money | Thursday 15 October, 2026 5:03 pm

Al-Jadaan credits alternative route investments for steady energy supplies amid uncertainty

Minister of Finance Mohammed Al-Jadaan said Saudi Arabia helped ensure the continued flow of energy supplies and trade amid uncertainty, thanks to its investments in alternative transit and supply routes. Addressing the third meeting of the G20 Finance Ministers and Central Bank Governors,...

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Business & Money | Thursday 15 October, 2026 8:59 am

Digital. Intelligent. Resilient.: ZainTECH evolves brand promise ‘What’s next is now’ as it unifies operations and accelerates regional expansion.

To accelerate the next phase of its growth, ZainTECH, the integrated digital solutions arm of Zain Group, has evolved its brand promise to ‘What’s next is now,’ reflecting the meaningful business outcomes it delivers to more than 1,600 organizations and government customers through its...

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Business & Money | Thursday 15 October, 2026 8:00 am

Mansoor bin Mohammed witnesses signing of MoU between MBRCLD and Emirates Group

H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, President of the UAE Olympic Committee, witnessed the signing of a memorandum of understanding (MoU) between the Mohammed Bin Rashid Center for Leadership Development (MBRCLD) and the Emirates Group to establish a long-term framework for...

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