Business & Money | Monday 15 September, 2025 9:59 am

Federal Tax Authority emphasises importance of submitting Corporate Tax Returns, payment of Corporate Tax

The Federal Tax Authority (FTA) reiterated today the importance of early preparation and timely submission of Corporate Tax Returns and payment of Corporate Tax Payable, within the specified deadlines for each Tax Period, in order to avoid incurring late payment penalties and non-compliance...

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Business & Money | Monday 15 September, 2025 9:57 am

Dragon Oil strengthens its presence in Egypt through new agreement with EGPC to execute fresh investments in Gulf of Suez

Dragon Oil, wholly owned by the Emirates National Oil Company (ENOC) – which is fully owned by the Government of Dubai, announced the signing of a new agreement with the Egyptian General Petroleum Corporation (EGPC) to enhance exploration and production activities in the Gulf of Suez. The...

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Business & Money | Monday 15 September, 2025 9:54 am

Ajman Department of Tourism Development to organise new roadshow in India

The Ajman Department of Tourism Development (ADTD) is preparing to launch a new promotional roadshow in India, led by Mahmood Khaleel Alhashmi, Director General of the Department. The roadshow, scheduled to kick off tomorrow will run until 19 September, 2025, covering major cities across the...

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Business & Money | Monday 15 September, 2025 9:52 am

ADNOC L&S deploys AI to optimise UAE petroleum ports operations

ADNOC Logistics and Services, announced today it has deployed the first AI-powered Smart Port Solution in the GCC to optimise petroleum port operations. The solution streamlines resource allocation and enables real-time tracking of marine activities to improve operational efficiency, reduce...

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Business & Money | Monday 15 September, 2025 9:48 am

Businesses from Asia account for 58% of companies attracted by Dubai International Chamber during H1 2025

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that 58 percent of the multinational companies (MNCs) it attracted to the city during H1 2025 came from Asia, reflecting Dubai’s growing role as a regional and international...

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Business & Money | Monday 15 September, 2025 9:45 am

Cenomi Retail signs SAR 2.95B financing deals

Fawaz Abdulaziz Alhokair Co. (Cenomi Retail) signed today, Sept. 14, financing agreements worth SAR 2.95 billion with Al-Futtaim Retail, its subsidiary Al-Futtaim Private Co. LLC, and Emirates NBD – Saudi Arabia, comprising a shareholder loan and a credit facility, the company said in a Tadawul...

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Business & Money | Monday 15 September, 2025 9:42 am

Al Majdiah signs SAR 453.6M contracts for projects in Riyadh, Jeddah

Dar Al Majed Real Estate Co. (Al Majdiah) signed two contracts with Tatweej Contracting Co. to implement the Khayala 1 project in Jeddah and Riyadh Adeem Al-Fursan project, according to a statement to Tadawul. The first project was valued at SAR 155.48 million, excl. VAT, with the second one...

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Business & Money | Monday 15 September, 2025 9:40 am

Zain KSA signs SAR 5.5B Murabaha facility agreement with banks

Mobile Telecommunication Company Saudi Arabia (Zain KSA) signed a Murabaha facility agreement valued at SAR 5.5 billion with Al Rajhi Bank, Arab National Bank (ANB), Saudi National Bank (SNB), Riyad Bank, and Gulf International Bank (GIB). In a statement to Tadawul, the company said the...

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Business & Money | Sunday 14 September, 2025 12:28 pm

Schneider Electric’s Innovation Summit Returns to Riyadh on September 24–25 to Advance Digital Transformation and Sustainability in the Kingdom

Schneider Electric, the global leader in the digital transformation of energy management and automation, will host the second edition of its flagship Innovation Summit in Riyadh on September 24–25, 2025 (2–3 Rabi Al-Thani 1447H). Held under the theme “IMPACT Today for a Better Tomorrow:...

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Business & Money | Sunday 14 September, 2025 12:18 pm

Al Battal Factory signs contract to sell products in US, Canada

Al Battal Factory for Chemical Industries Co. signed, on Sept. 11, a three-year exclusive agency agreement with Alphion International to market its products, namely carboxymethyl cellulose (CMC) and polyanionic cellulose (PAC), in the US and Canadian markets. In a statement to Tadawul, the...

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