Business & Money | Wednesday 9 September, 2026 8:00 am

Elm subsidiary signs contract with Ministry of Commerce to digitize services

Elm Co. announced that its wholly owned subsidiary, Thiqah Business Services Co., signed a contract with the Ministry of Commerce to digitize the ministry’s services and provide services electronically to beneficiaries. The expected revenue over the contract term is nearly 19% of Elm’s total...

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Business & Money | Wednesday 9 September, 2026 8:00 am

Saudi-Russian tie-up supports energy market stability: Foreign Minister

Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan said Saudi-Russian cooperation supports global energy market stability and helps achieve a balance that reflects the interests of both producers and consumers. Speaking during an official meeting with his Russian counterpart in Moscow, ...

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Business & Money | Tuesday 8 September, 2026 5:55 pm

ZainTECH signs strategic collaboration agreement with AWS to boost cloud and AI adoption in Saudi Arabia

ZainTECH, the digital solutions arm of Zain Group, has signed a multi-year strategic collaboration agreement with Amazon Web Services (AWS), to support organizations across Saudi Arabia in accelerating cloud adoption, modernization and AI-led innovation. The collaboration, which will help to...

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Business & Money | Tuesday 8 September, 2026 12:52 pm

Trading During Market Volatility in Saudi Arabia: How XM Maintains Stable Trading Conditions 

September 2026 – Market volatility can create trading opportunities, but it can also put a broker’s trading conditions to the test. As Saudi Arabia is home to several licensed local brokerage firms, traders might find it tricky to choose a trusted reliable broker amidst rapid price movements...

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Business & Money | Tuesday 8 September, 2026 9:17 am

What Is a Pip? The Unit of Measurement That Every Forex Trader Must Know

A pip is the smallest standard price move in the forex market. It stands for “percentage in point” and represents the fourth decimal place in most currency pairs. For example, if EUR/USD moves from 1.0850 to 1.0855, that is a 5-pip movement. Understanding pips is fundamental because they are...

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Business & Money | Tuesday 8 September, 2026 8:00 am

Abu Dhabi launches region’s first blockchain-authenticated Digital Skills Card

The Abu Dhabi Quality and Conformity Council (QCC), in partnership with Union Assessment and Quality Accreditation (UAC), has launched the Gulf region’s first Digital Skills Card, providing a secure, digitally verifiable record of professional skills and qualifications. The initiative...

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Business & Money | Tuesday 8 September, 2026 8:00 am

du, Cyber Security Council explore enhancing digital resilience, cybersecurity

Dr. Mohammed Al Kuwaiti, Chairman of the UAE Cyber Security Council (CSC), visited du’s Dubai Hills headquarters to explore cooperation in digital resilience and cybersecurity, supporting the UAE’s digital transformation and secure digital economy. Al Kuwaiti met Fahad Al Hassawi, CEO of...

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Business & Money | Tuesday 8 September, 2026 8:00 am

GCC integration drives investment, strengthens global economic standing: GCC Secretary-General

Jasem Mohamed Albudaiwi, Secretary-General of the Gulf Cooperation Council (GCC), said Gulf integration has become a major driver of investment, strengthening member states’ global economic standing through diversification, financial resilience and investment in future sectors. He was...

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Business & Money | Tuesday 8 September, 2026 8:00 am

Mirae Asset establishes DIFC presence to accelerate Middle East growth

Mirae Asset Global Investments has established an office in the Dubai International Financial Centre (DIFC), strengthening its presence in the Middle East and expanding regional investors’ access to global investment opportunities. Located in Emirates Financial Towers, the office will...

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Business & Money | Tuesday 8 September, 2026 8:00 am

Ajman records AED1.53 bn real sstate deals in August

The Emirate of Ajman recorded 994 real estate transactions during August, with a total value of AED1.53 billion. Engineer Omar bin Omair Al Muhairi, Director General of the Ajman Land and Real Estate Regulation Department, stated that the real estate sector maintained its upward trajectory...

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