Business & Money | Monday 30 March, 2026 9:07 am

Emaar Development announces 100% dividend payout of AED4 billion

Emaar Development PJSC today held its Annual General Meeting (AGM), during which the Board of Directors reviewed the company’s financial performance for 2025 and discussed its strategic outlook for the coming period. During the AGM, shareholders approved the Board of Directors’ proposal to ...

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Business & Money | Monday 30 March, 2026 9:05 am

UAE real estate sector shines with major projects, strong March sales

The UAE continues to consolidate its position as one of the most dynamic real estate markets, with a steady pace of new project launches and uninterrupted construction activity during March 2026. This accelerating momentum in projects and rising sales reflects the strength of the UAE real...

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Business & Money | Sunday 29 March, 2026 9:18 am

$1B hospitality platform to develop 50 hotels in Saudi Arabia

A US-based Patel Family Office and Saudi industrial group Abdulhadi Al Qahtani & Sons (AHQ) launched a $1 billion hospitality platform to develop 50 hotels across Saudi Arabia. The platform aims to support business tourism and boost economic diversification in the Kingdom, according to the ...

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Business & Money | Sunday 29 March, 2026 9:17 am

Al-Jadaan lauds East-West pipeline role in easing global energy crisis

Saudi Finance Minister Mohammed Al-Jadaan said the Kingdom’s huge investments in the East-West pipeline played a key role in containing global oil supplies and mitigating the impact of the energy crisis. Addressing a panel session at the Future Investment Initiative held in Miami, US,...

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Business & Money | Thursday 26 March, 2026 4:21 pm

SAMA begins licensing fintechs for open banking services

The Saudi Central Bank (SAMA) launched licensing for fintech companies to offer open banking services, following the completion of the regulatory sandbox requirements and procedures. In a statement, SAMA said open banking is an innovative concept in the financial sector that enables customers...

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Business & Money | Thursday 26 March, 2026 3:48 pm

SAR logistics link joins Gulf ports to Jordan, north Saudi

Saudi Arabia Railways launched an international freight rail corridor linking King Abdulaziz Port (Dammam), King Fahd Industrial Port, and Jubail Commercial Port to the Al Haditha border crossing. The corridor will enhance connectivity between Jordan and cities in Saudi Arabia’s north, and...

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Business & Money | Wednesday 25 March, 2026 4:20 pm

SAMA issues updated supervisory framework for payment systems and operators

The Saudi Central Bank (SAMA) announced issuing an updated supervisory framework for payment systems and their operators, replacing the current supervisory framework for payment and financial settlement systems. In a statement, SAMA said the update defines the scope of the supervisory...

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Business & Money | Wednesday 25 March, 2026 4:15 pm

Saudi Arabia supports uninterrupted maritime operations, smooth global trade flows

Saudi Arabia reaffirmed its support for maintaining maritime operations by activating logistics corridors through its Red Sea ports in integration with all modes of transport to ensure the continuous flow of goods domestically and across neighboring countries. The move will strengthen regional ...

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Business & Money | Wednesday 25 March, 2026 12:58 pm

UAE Banks Federation affirms Central Bank’s resilience package strengthens sector stability

The UAE Banks Federation affirmed that the comprehensive Financial Institution Resilience Package, approved by the Board of the Central Bank of the United Arab Emirates (CBUAE), chaired by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the...

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Business & Money | Wednesday 25 March, 2026 12:55 pm

Mohammed Bin Rashid Aerospace Hub, Lufthansa Technik Middle East inaugurate new facility

The Mohammed Bin Rashid Aerospace Hub (MBRAH) at Dubai South has officially inaugurated a new Painting & Grinding Centre developed by Lufthansa Technik Middle East, reinforcing the company’s commitment to expanding its capabilities in the region and strengthening MBRAH’s position as a...

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