Business & Money | Tuesday 20 January, 2026 2:19 pm

AD Ports Group expands operations in Spain with acquisition of Balenciaga Astilleros Shipyard

AD Ports Group today announced that its subsidiary SAFEEN Drydocks, part of Noatum Maritime, has acquired 100 percent ownership of Balenciaga Astilleros Shipyard, one of Spain’s most established and technologically advanced shipbuilding and repair facilities, for a total consideration of EUR 11.2 ...

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Business & Money | Tuesday 20 January, 2026 2:16 pm

Brand Finance names ADNOC first Emirati Brand to enter global Top 100

ADNOC has been named the first Emirati brand to enter the Top 100 most valuable global brands and retained its position as the UAE's most valuable brand for an eighth consecutive year, according to a new report from Brand Finance, the world's leading independent brand valuation...

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Business & Money | Tuesday 20 January, 2026 2:10 pm

Al Majdiah secures SAR 500M financing from ANB

Dar Al Majed Real Estate Co. (Al Majdiah) signed, on Jan. 19, a Shariah-compliant banking facilities agreement worth SAR 500 million with Arab National Bank (ANB). In a statement to Tadawul, the developer said the agreement aims to support its expansion plans and future projects in accordance...

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Business & Money | Tuesday 20 January, 2026 12:40 pm

GACA launches new Al-Jouf Int'l Airport with 1.6M passengers/year capacity

Abdulaziz Al-Duailej, President of the General Authority of Civil Aviation (GACA), announced the inauguration of the new Al-Jouf International Airport, in the presence of Minister of Transport and Logistics Services Saleh bin Nasser Al-Jasser and Al-Jouf Province Governor Prince Faisal bin Nawaf...

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Business & Money | Tuesday 20 January, 2026 11:56 am

Al-Falih: FDI up fivefold since Vision 2030 launch

Saudi Arabia has succeeded in offering a mix that provides optimal access to opportunities while addressing risks, with foreign direct investment increasing fivefold compared with pre–Vision 2030 levels, alongside a doubling of domestic investment, Investment Minister Khalid Al-Falih...

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Business & Money | Tuesday 20 January, 2026 11:35 am

Türkiye’s gateway to international agriculture opens its doors for MENA and global partnerships

Konya Agriculture 2026 offers global agricultural innovation to MENA and global markets, highlighting Türkiye’s industrial capability, smart agriculture technologies, and strengthened agri-business partnerships. Konya, Türkiye - With the theme “Türkiye’s largest agriculture fair and...

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Business & Money | Thursday 15 January, 2026 4:47 pm

Middle East outbound travel spend projected to pass US$60bn by 2030, as international participants drive 10% year-on-year growth at ATM 2026

With overseas travel spend by Middle East residents expected to grow by 6% per year until the end of the decade, where it will top US$60 billion according to the latest ATM Travel Trends Report, exhibition space is in high demand among international participants at Arabian Travel Market (ATM) 2026, ...

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Business & Money | Thursday 15 January, 2026 4:45 pm

AtkinsRéalis and Qiddiya Investment Company Bring to Life Six Flags Qiddiya City, Saudi Arabia’s First Six Flags Theme Park

 AtkinsRéalis, a global leader in design and engineering, in partnership with Qiddiya Investment Company, has brought to life Six Flags Qiddiya City, the first Six Flags destination in Saudi Arabia and the first Six Flags Park to be built entirely outside North America. The project also...

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Business & Money | Thursday 15 January, 2026 4:44 pm

“Trakhees” Conducts Inspection Campaigns to Monitor and Curb Irregular Practices Affecting Consumer Safety

The Department of Planning and Development– Trakhees, the regulatory arm of the Ports, Customs and Free Zone Corporation (PCFC), in cooperation with its strategic partner Dubai Holding, conducted a joint field inspection campaign targeting a number of commercial areas within Dubai’s Special...

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Business & Money | Thursday 15 January, 2026 4:33 pm

New Murabba Development Company Awards Parsons Design and Construction Management Contract in Saudi Arabia

Parsons Corporation (NYSE: PSN) announced today that the company was awarded a contract by the Public Investment Fund (PIF)-owned, New Murabba Development Company,to provide design and construction technical support. This 60-month contract represents new work for Parsons. Under the contract,...

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