Business & Money | Wednesday 22 October, 2025 1:22 pm

TDF Concludes Second Edition of the “Grow Tourism Accelerator” with 17 Startups Showcasing Innovation

The Tourism Development Fund (TDF), Saudi Arabia’s national enabler of the tourism sector, has concluded the Grow Tourism Accelerator – Second Cohort Demo Day in Riyadh. Organized by (TDF Grow), the Fund’s non-financial enablement arm, the event was held under the sponsorship of the Arab...

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Business & Money | Wednesday 22 October, 2025 1:20 pm

Arabian Dyar and MODON Sign Strategic Agreement to Develop Over 90 Ready-Made Factories in Jeddah

Arabian Dyar Real Estate Development Company has signed a strategic partnership with the Saudi Authority for Industrial Cities and Technology Zones (MODON) to develop and construct ready-made factories in Jeddah, advancing its expansion into Saudi Arabia’s industrial and logistics...

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Business & Money | Wednesday 22 October, 2025 1:18 pm

Soudah Development and FII Institute Forge Partnership to Advance Strategic Investments

 Soudah Development – a Public Investment Fund (PIF) company spearheading the transformation of Soudah and parts of Rijal Almaa into a world-class luxury mountain tourism destination in the Aseer region – has announced today a strategic partnership with the Future Investment Initiative...

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Business & Money | Wednesday 22 October, 2025 1:16 pm

RAKEZ Legal Department earns regional recognition at the Legal Era Middle East Law Awards 2024-25

Ras Al Khaimah Economic Zone (RAKEZ) was honoured with an award in the In-House Legal Team – Small category at the Legal Era Middle East Law Awards 2024-25, a prestigious regional platform that recognises excellence and innovation in the legal sector. This recognition reflects the legal...

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Business & Money | Wednesday 22 October, 2025 9:26 am

MIS wins 2 projects worth SAR 151.9M from SDAIA

Al Moammar Information Systems Co. (MIS) said it bagged two projects from the Saudi Data & AI Authority (SDAIA) worth SAR 151.9 million, inclusive of value-added tax (VAT). The first project aims to deliver IT products and services compatible with the National Information Center’s...

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Business & Money | Tuesday 21 October, 2025 11:21 am

Financial Audit Authority, Judicial Inspection Authority boost cooperation

The Financial Audit Authority (FAA) has signed a Memorandum of Understanding with the Judicial Inspection Authority in Dubai to strengthen cooperation in governance, accountability, and institutional performance. The MoU outlines several key areas of cooperation between the two entities,...

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Business & Money | Tuesday 21 October, 2025 11:19 am

Ajman's real estate valuations hit AED410 million in September

The Department of Land and Real Estate Regulation in Ajman reported completing 161 real estate valuation transactions during September 2025, with a total value of AED410 million. Eng. Omar bin Omair Al Muhairi, Director-General of the Department, stated that residential properties accounted...

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Business & Money | Tuesday 21 October, 2025 11:16 am

Multiply Group’s Emirates Driving Company concludes strategic investment in Mwasalat Holding

Multiply Group (ADX: MULTIPLY), the Abu Dhabi-based investment holding company that invests in and operates businesses globally, announced today that its subsidiary Emirates Driving Company (ADX: DRIVE), has formally closed a transaction to acquire a 22.5% stake in Mwasalat Holdings, with the...

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Business & Money | Tuesday 21 October, 2025 11:14 am

Emirates Association for Women Entrepreneurs says UAE established itself as global hub for investment & entrepreneurship

Dr. Shafeeqa Al Ameri, President of Emirates Association for Women Entrepreneurs, affirmed that the United Arab Emirates has firmly established itself as a global hub for investment and entrepreneurship, noting that foreign direct investment (FDI) inflows into the country exceeded USD 45 billion in ...

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Business & Money | Tuesday 21 October, 2025 9:56 am

MIS wins SAR 98M project with SDAIA

Al Moammar Information Systems Co. (MIS) announced on Oct. 20 the award of a project with the Saudi Data & AI Authority (SDAIA) for SAR 98.04 million, inclusive of value-added tax (VAT). In a statement to Tadawul, the company said the project aims to deliver IT services and products,...

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