Business & Money | Monday 1 September, 2025 11:50 am

Borouge shareholders approve $660 million H1 2025 dividend

Borouge Plc today confirmed shareholder approval at its 29th August General Assembly Meeting for an interim dividend of $660 million, equivalent to 8.1 fils per share, reflecting strong H1 performance supported by healthy pricing premia, disciplined cost management and strategic inventory...

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Cars & Autos | Monday 1 September, 2025 10:30 am

Elite Group Holding expands SOUEAST presence in the UAE with new Deira showroom

Spanning 550 square meters, the new Deira showroom strengthens the Elite Group Holding’s automotive footprint ahead of an Abu Dhabi launch and debuts the all new SOUEAST S09 ALL WHEEL DRIVE. Dubai, UAE — Elite Group Holding has opened its newest SOUEAST showroom in Deira, Dubai on 16...

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Business & Money | Monday 1 September, 2025 9:00 am

2P signs SAR 122.2M IT contract with Eastern Health Cluster

Perfect Presentation for Commercial Services Co. (2P) signed today, Aug. 31, a contract to operate and maintain IT systems and networks for the Eastern Health Cluster’s digital health unit. The contract is worth SAR 122.19 million, including VAT. In a Tadawul filing, the company said the...

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Business & Money | Monday 1 September, 2025 8:38 am

2P bags SAR 35M contract from Taibah University

Perfect Presentation for Commercial Services Co. (2P) was awarded, on Aug. 31, a managed IT services project for Taibah University and its branches at a total value of SAR 34.99 million including VAT, according to a statement to Tadawul. The scope of work under this contract includes the...

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Business & Money | Monday 1 September, 2025 8:31 am

Azizi Developments wins Global Business Finance Awards’ Best CSR Initiative and CEO of the Year

 Azizi Developments, a leading private developer in the UAE, has been honored with two prestigious recognitions at the Global Business Finance Awards 2025. The developer was awarded Best Corporate Social Responsibility Initiative UAE 2025, while its Group CEO, Mr. Farhad Azizi, received the...

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Business & Money | Monday 1 September, 2025 8:24 am

DUBAI SOUTH AND TOLL GROUP BREAK GROUND ON STATE-OF-THE-ART LOGISTICS FACILITY

: Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, and Toll Group, a global logistics leader, and the majority owner of the CWT-SML Logistics, have broken ground on the company’s upcoming distribution centre at Dubai South’s Logistics...

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Business & Money | Monday 1 September, 2025 8:15 am

Ajman DOF organises a meeting to introduce the updated version of the “Tawreed” system and explore ways to enhance the supplier experience

 As part of its ongoing efforts to enhance the efficiency of government operations and improve the supplier experience, the Department of Finance in Ajman organised an introductory meeting with Ajman government supplier partners to present the updated version of the Tawreed platform. The...

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Business & Money | Sunday 31 August, 2025 2:30 pm

Under Patronage of the Custodian of the Two Holy Mosques, Riyadh to Host 9th Future Investment Initiative Conference in October

Under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, the ninth edition of the Future Investment Initiative (FII) Conference will be held from October 27 to 30, 2025, in Riyadh at the King Abdulaziz International Conference Center, under the theme “The Key to ...

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Business & Money | Sunday 31 August, 2025 12:29 pm

Red Sea Global, Riyadh Air launch strategic alliance

Red Sea Global (RSG) signed a strategic partnership agreement with Riyadh Air to integrate marketing efforts between the two parties. In a statement, RSG said the collaboration focuses on brand and marketing activities that will enhance visibility and awareness of both companies, highlighting...

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Business & Money | Sunday 31 August, 2025 12:22 pm

Asas Makeen buys land plot in Riyadh for SAR 53M to build residential units

Asas Makeen Real Estate Development and Investment Co. purchased on Aug. 28, an 8,800 sqm land plot in Al-Arid district, Riyadh, from Abdulrahman Al-Hamlan for SAR 52.98 million. In a statement to Tadawul, the company said the deal will be financed through a bank loan and part of its own...

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