Business & Money | Sunday 12 October, 2025 9:30 am

Dubai real estate surge points to long-term stability, investor gains

The Dubai real estate sector’s spectacular upward trajectory over the last five years is highlighted by a new market report today which points towards long-term stability and sustainable growth for investors.Over the first nine months of 2025 compared with the same period in 2021, real estate...

More Details

Business & Money | Saturday 11 October, 2025 8:00 am

Saudi scientist Omar Yaghi wins 2025 Nobel Prize in Chemistry

The Royal Swedish Academy of Sciences announced today, Oct. 8, that scientists Susumu Kitagawa, Richard Robson, and Saudi researcher Omar Yaghi have been awarded the 2025 Nobel Prize in Chemistry for their pioneering contributions to the development of metal-organic frameworks...

More Details

Business & Money | Saturday 11 October, 2025 8:00 am

Cenomi Centers releases prospectus for SAR 4.5B sukuk issue

Arabian Centres Co. (Cenomi Centers) issued today, Oct. 9, the prospectus for the issuance of sukuk worth SAR 4.5 billion. The company said, in a Tadawul statement, that under its sukuk program, it may issue sukuk from time to time, while complying with all applicable laws and...

More Details

Business & Money | Saturday 11 October, 2025 8:00 am

RCRC lifts suspension on 33.2 km² lands in west Riyadh

The Royal Commission for Riyadh City (RCRC) announced lifting suspension on lands located in west Riyadh, covering a total area of 33.24 square kilometers (km²). The decision allows land and property owners to proceed with sales, purchases, planning, subdivision, and construction permitting,...

More Details

Business & Money | Saturday 11 October, 2025 8:00 am

Spain’s ALSA wins SAR 2.2B contract for Qiddiya bus operation

Mobico Group Plc announced that its Spanish subsidiary ALSA, as part of a joint venture, won an eight-year contract in Qiddiya, at a total value of €500 million (SAR 2.2 billion). The contract, which will be implemented in partnership with a local company, includes the operation of 156...

More Details

Business & Money | Saturday 11 October, 2025 8:00 am

Red Sea subsidiary inks SAR 375M credit facilities with FAB

Red Sea International Co.’s subsidiary, Fundamental Installation for Electric Work Co. Ltd. (First Fix), signed a one-year agreement with First Abu Dhabi Bank (FAB) for financial facilities with a standby limit of SAR 375 million. The company said in a statement to Tadawul that the...

More Details

Business & Money | Saturday 11 October, 2025 8:00 am

DP World, Tashkent Invest to develop multimodal logistics terminal in Uzbekistan

DP World, a leading global provider of smart end-to-end logistics solutions, has entered into a joint venture with Tashkent Invest, a subsidiary of the Tashkent City Administration, to develop and manage a state-of-the-art multimodal logistics terminal near the Uzbek capital. The partnership...

More Details

Business & Money | Saturday 11 October, 2025 8:00 am

UAE participates in fourth meeting of G20 Energy Transition Working Group in South Africa

The UAE, represented by the Ministry of Energy and Infrastructure, participated in the fourth meeting of the G20 Energy Transition Working Group (ETWG 4), held yesterday in South Africa, reaffirming its commitment to multilateral cooperation and to advancing global efforts towards a more...

More Details

Business & Money | Saturday 11 October, 2025 8:00 am

Maktoum bin Mohammed meets with Chairperson of Standard Bank Group

H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and President of the Dubai International Financial Centre (DIFC), today met with Nonkululeko Nyembezi, Independent Non-Executive Chairperson of Standard Bank Group (SBG), ...

More Details

Business & Money | Saturday 11 October, 2025 8:00 am

Ministry of Finance showcases digital transformation initiatives at GITEX Global

The Ministry of Finance (MoF) will showcase the latest milestones in its government digital transformation journey, as well as its innovative initiatives and efforts to develop financial services and strengthen digital infrastructure at GITEX Global 2025, taking place at the Dubai World Trade...

More Details