Business & Money | Sunday 17 August, 2025 12:00 pm

Supreme Committee for Development of Hatta launches 14 new investment opportunities for citizens at Sustainable Waterfalls project

Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the Supreme Committee for the Development of Hatta has launched 14 new investment and commercial opportunities at the Hatta Sustainable Waterfalls project. These...

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Business & Money | Sunday 17 August, 2025 12:00 pm

ADNOC L&S JV receives first Very Large Ethane Carrier in major fleet expansion

ADNOC Logistics and Services plc (ADNOC L&S / the Company) today announced that AW Shipping, its joint venture with Wanhua Chemical Group, has taken delivery of Gas Yongjiang, the first of nine state-of-the-art Very Large Ethane Carriers (VLECs) from Jiangnan Shipyard in China. The vessel...

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Business & Money | Sunday 17 August, 2025 12:00 pm

FANR launches Nuclear and Radiation Excellence Award

The Federal Authority for Nuclear Regulation (FANR) has officially launched the Nuclear and Radiation Excellence Award to honour exceptional individuals and organisations advancing the fields of nuclear and radiation across the country. This national platform aims to recognise and celebrate...

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Business & Money | Sunday 17 August, 2025 12:00 pm

Cabinet approves digital ID use for non-resident foreigners to own property

The Cabinet approved the use of a digital ID to enable non-Saudi, non-resident foreigners to own property in the Kingdom.The Real Estate General Authority (REGA) will coordinate with the Ministry of Interior, the Saudi Data and Artificial Intelligence Authority (SDAIA), the National Information...

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Business & Money | Sunday 17 August, 2025 12:00 pm

Umm Al Qura for Development and Construction Company Announces Signing of Land Sale Agreement to a Real Estate Fund Managed by SEDCO Capital

Umm Al Qura for Development and Construction Company, the owner, developer, and operator of Masar Destination, has announced the sale of a plot of land measuring 2,671.21square meters in Masar Central zone, adjacent to the King Abdullah Mosque project to Jazeel Al-Bina'a Company, the SPV of a...

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Business & Money | Sunday 17 August, 2025 12:00 pm

MASAR signs contract to sell land plot for SAR 145.1M

Umm Al Qura for Development and Construction Co. (MASAR) announced the signing of an agreement to sell a land plot within the Masar Destination development in Makkah for SAR 145.12 million, according to a Tadawul statement. The transaction value excludes real estate transaction tax and any...

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Business & Money | Sunday 17 August, 2025 12:00 pm

Arabian Drilling renews 11 SLB gas rig contracts for 1 year

Arabian Drilling Co. (ADC) extended the contracts for 11 onshore gas drilling rigs with SLB for one year. In a statement to Tadawul, the company said the extension represents 15%-20% of its 2024 revenues. All 11 rigs are currently in operation, and ADC will continue providing drilling...

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Business & Money | Friday 15 August, 2025 12:59 am

Dubai Maritime Authority Participates in Workshop in Collaboration with the Marine Leisure Association

Dubai Maritime Authority participated in a specialized workshop titled "Marine Leisure Association Workshop", attended by a distinguished group of representatives from Dubai’s maritime entities. The workshop aimed to elevate the role of marine leisure as a key contributor to the growth of...

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Business & Money | Friday 15 August, 2025 12:57 am

Azizi Developments Renews Bahra Electric Partnership For Busbar And Earthing Lightning Protection Solutions

 Azizi Developments, a leading private developer in the UAE, has announced its partnership extension with Bahra Electric, a renowned KSA-based electrical solutions provider. Under this collaboration, Bahra Electric is providing advanced busbar and earthing lightning protection systems across...

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Business & Money | Friday 15 August, 2025 12:01 am

NWC starts implementing 22 projects to boost services in Jeddah at over SR 1.8 billion

The National Water Company (NWC) has started implementing 22 capital projects in Jeddah city at a cost of over 1.8 billion Saudi Riyals. These projects include the construction of pipelines and networks totaling approximately 984 kilometers in length. The projects are part of the company's...

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