Business & Money | Thursday 27 November, 2025 12:00 pm

RAKEZ strengthens UAE-China economic ties through high-level roadshow across key cities

Ras Al Khaimah Economic Zone (RAKEZ) has concluded a strategic roadshow across Guangzhou, Foshan, and Hangzhou, led by Group CEO Ramy Jallad, to deepen cooperation with government entities, industry organisations, and business leaders in China. The mission reflects RAKEZ’s ongoing commitment to...

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Business & Money | Thursday 27 November, 2025 12:00 pm

ZMH Advisors Partners with Takamol Holding to Promote Data-Driven Policy Design, Sustainability, Corporate Governance, and Stakeholder Engagement in Saudi Arabia

 ZMH Advisors LLC (“ZMH Advisors”), a leading data-driven stakeholder engagement, sustainability, corporate governance, and policy advisory firm, announced today the signing of a Memorandum of Understanding (MOU) with Takamol Holding (“Takamol”) during the U.S.–Saudi Investment Forum ...

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Business & Money | Thursday 27 November, 2025 12:00 pm

Almoosa signs SAR 657.5M contract to build Al-Khobar hospital

Almoosa Health Co. signed on Nov. 26 a contract with BEC Arabia to execute the preliminary foundational and structural works for the Almoosa Specialist Hospital project in Al-Khobar, for SAR 657.5 million (excluding VAT). In a statement to Tadawul, the company said the scope of...

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Business & Money | Thursday 27 November, 2025 12:00 pm

Abu Dhabi Customs, India’s Central Board of Indirect Taxes and Customs sign statement of cooperation

Abu Dhabi Customs and India’s Central Board of Indirect Taxes and Customs have signed a statement to foster innovation in facilitating bilateral trade through digital transformation and data exchange. The agreement also launches a pilot project for a Trusted Digital Trade Corridor under the...

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Business & Money | Thursday 27 November, 2025 12:00 pm

AD Ports Group sells 9.77% stake in NMDC Group to Alpha Dhabi Holding for AED1.6 billion

AD Ports Group today announced the sale of its 9.77 percent stake in NMDC Group PJSC to Alpha Dhabi Holding PJSC for AED1.6 billion (US$436 million). AD Ports Group received its stake in NMDC from Abu Dhabi Developmental Holding Company – ADQ ahead of its listing in February 2022. In...

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Business & Money | Thursday 27 November, 2025 12:00 pm

DFSA, Hong Kong Monetary Authority co-host second Joint Climate Finance Conference

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), and the Hong Kong Monetary Authority (HKMA) today hosted the second edition of the DFSA–HKMA Joint Climate Finance Conference. The hybrid conference, which took place...

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Business & Money | Thursday 27 November, 2025 11:42 am

Ferrero Appoints Fabio Grilli as Regional Managing Director for the Gulf Region

Dubai - Ferrero Group, one of the world's largest sweet-packaged food companies, a global leader in the fast-moving consumer goods (FMCG) sector, has announced the appointment of Fabio Grilli as Regional Managing Director for the Gulf Region, effective September 1, 2025. With more than 25 years of...

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Business & Money | Thursday 27 November, 2025 10:07 am

Misk Art Institute Signs Three Strategic Partnerships at Misk Global Forum 2025 in Riyadh

Misk Art Institute, a subsidiary of the Mohammed bin Salman Foundation “Misk,” has announced three strategic partnerships to drive cultural engagement and academic exchange. The agreements were signed during the Misk Global Forum 2025 (MGF25) held in Riyadh on November 19-20 under the theme...

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Business & Money | Wednesday 26 November, 2025 8:55 am

Aleph and Reddit Expand Partnership to over 45 Markets Worldwide, Including Exclusive Ad Partnership in KSA and UAE

Aleph, a global network of digital experts innovating at the intersection of media and payments, today announced the expansion of its strategic partnership with Reddit, the most human place on the internet. With 100,000+ communities and 110+ million daily active uniques, Reddit is where real people ...

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Business & Money | Wednesday 26 November, 2025 8:00 am

PIF offers 48M shares of Masar to institutional investors

The Public Investment Fund (PIF) launched an accelerated bookbuild offering (ABO) to offload up to 48 million shares (or 3.3%) of TASI-listed Umm Al Qura for Development and Construction Co. (Masar) to institutional investors. Citigroup Saudi Arabia and SNB Capital are acting as...

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