Business & Money | Thursday 30 July, 2026 5:11 pm

UAE, Egypt agree on phased expansion of bilateral air traffic rights

The United Arab Emirates and the Arab Republic of Egypt have agreed to gradually expand bilateral air traffic rights over the next five years, in a move that reflects the depth of the bilateral relations between the two countries and strengthens cooperation in the aviation sector, while enhancing...

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Business & Money | Wednesday 29 July, 2026 5:18 pm

NWC: Naming 2027 as ‘Year of Water’ Reflects Wise Leadership’s Commitment to Water Sector

Dr. Fuad bin Ahmed Alshikhmubarak, CEO of the National Water Company (NWC), affirmed that the Cabinet’s approval to designate 2027 as the “Year of Water” embodies the care and support the water sector receives from the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and...

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Business & Money | Wednesday 29 July, 2026 5:09 pm

MIS awarded SAR 179.8M project by KSMC

Al-Moammar Information Systems Co. (MIS) announced it was awarded a project for the maintenance and repair of medical devices and equipment at King Saud Medical City (KSMC), at a total amount of SAR 179.8 million including VAT. In a statement to Tadawul, the company added that the project...

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Business & Money | Wednesday 29 July, 2026 5:07 pm

Aldar posts AED4.9 billion first-half net profit, up 18%

Aldar reported strong financial and operational results for the first half of 2026, driven by continued momentum in its development business, the strength of its investment property portfolio and the growth of its regional and international operations. The group’s first-half net profit after ...

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Business & Money | Wednesday 29 July, 2026 5:05 pm

ADNOC Distribution launches 'Engage' advertising platform

ADNOC Distribution on Wednesday launched Engage by ADNOC, a retail media network designed to connect brands with customers across its integrated mobility, convenience and digital ecosystem. Engage by ADNOC is the first full-funnel retail media network operated in the UAE by a mobility and...

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Business & Money | Wednesday 29 July, 2026 5:02 pm

Dubai awards record 237 hotels with Dubai Sustainable Tourism Stamp

The Dubai Department of Economy and Tourism (DET) has recognised 237 hotels in the third cycle of the Dubai Sustainable Tourism (DST) Stamp for their outstanding commitment to sustainability and responsible hospitality practices. Marking a 55 percent increase on the 153 hotels honoured in the...

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Business & Money | Wednesday 29 July, 2026 4:58 pm

Emaar Development, ADCB collaborate to enhance home-buying experience

Emaar Development and Abu Dhabi Commercial Bank (ADCB) have announced a strategic collaboration to enhance the home-buying experience across Emaar Development's portfolio of ready and off-plan premium residential communities in Dubai. The collaboration brings together ADCB's mortgage expertise ...

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Business & Money | Wednesday 29 July, 2026 9:07 am

Saudi Energy signs SAR 15.8B financing facility with 7 banks

Saudi Energy Co. (SEC) signed, on July 27, a seven-year Shariah-compliant Murabaha financing facility with seven local banks, at a total value of SAR 15.8 billion. In a statement to Tadawul, the company said the financing was provided by Saudi National Bank (SNB), Al Rajhi Bank, Saudi Awwal...

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Business & Money | Tuesday 28 July, 2026 4:51 pm

Hassan Allam Holding Marks Signing of SAR 2.7 Billion Waldorf Astoria Super Block Project in Diriyah

Hassan Allam Holding is proud to announce the official signing of the SAR 2.7 Billion Waldorf Astoria Hotel, Residences, & Mixed-Use Super Block in Diriyah, Saudi Arabia, awarded to its subsidiary, Hassan Allam Construction Saudi, in a joint venture with UCC Saudi, by Diriyah Company. The...

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Business & Money | Tuesday 28 July, 2026 4:16 pm

Al-Hogail: Northeast Riyadh masterplan drives urban development, economic diversification

Saudi Minister of Municipalities and Housing, Majed Al-Hogail, hailed the completion of the preliminary masterplan for the Northeast Riyadh region, highlighting its supporting roles towards urban development and economic diversification. In a post on his account on the X platform, Al-Hogail...

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