Business & Money | Monday 18 August, 2025 12:00 pm

Awqaf Dubai’s endowment shares portfolio surpasses AED9 million in H1

The Endowments and Minors’ Trust Foundation in Dubai (Awqaf Dubai) announced that the value of its endowment shares portfolio surpassed AED9 million by the end of the first half of 2025, marking a 4.7 percent increase from the same period last year. According to a report by Awqaf Dubai’s...

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Business & Money | Monday 18 August, 2025 12:00 pm

IFZA launches new Free Zone in Panama

IFZA, one of the world’s most dynamic and fastest-growing Free Zone communities, has announced the launch of IFZA Panama, a landmark step in its global expansion strategy. The new Free Zone in Panama City marks IFZA’s first physical presence in Latin America and reinforces its commitment...

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Business & Money | Monday 18 August, 2025 12:00 pm

Riyadh Air, SATS Saudi Arabia tie-up to provide cargo handling services

Riyadh Air, the Kingdom’s new national carrier, signed a five-year strategic partnership with SATS Saudi Arabia Co., a subsidiary of SATS Ltd (SATS), to provide comprehensive cargo handling services at key airports across the Kingdom. The agreement includes major cargo operations at the...

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Business & Money | Monday 18 August, 2025 12:00 pm

Tadawul to study feasibility of Damascus Stock Exchange project: Al-Falih

Saudi Investment Minister Khalid Al-Falih said the Saudi Stock Exchange (Tadawul) has launched preparations for a comprehensive feasibility study on establishing and operating a Damascus Stock Exchange. Speaking at the opening of the Saudi-Syrian roundtable, Al-Falih added that Saudi Arabia...

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Business & Money | Monday 18 August, 2025 12:00 pm

Sumou wins SAR 135M project in Jeddah

Sumou Real Estate Co. was awarded a project in Obhur Al-Janoubiyah district of Jeddah by Diyar Real Estate Development Fund Co., which represents a real estate fund managed by SEDCO Capital. The project is valued at approximately SAR 135 million (excluding VAT), according to a statement...

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Business & Money | Monday 18 August, 2025 8:57 am

Renting in Saudi Arabia: Contracts, Deposits, and What to Check Before You Sign

Renting a property in Saudi Arabia can be a smooth experience if you understand the process, legal requirements, and market norms. Whether you are a local resident or an expatriate moving for work, the rental system has specific rules that protect both tenants and landlords. Platforms like Bayut...

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Technology & IT | Sunday 17 August, 2025 3:45 pm

HONOR Announces Pre-Orders for HONOR Magic V5 in the Saudi Market The all-new foldable sets new benchmarks in design, battery, durability, and AI innovation

HONOR a global leading AI device ecosystem company has officially opened pre-orders for the much-anticipated HONOR Magic V5 across the Middle East and Africa. This announcement follows a successful regional launch event held in Dubai under the theme “Unfold New Possibilities”, which garnered...

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Business & Money | Sunday 17 August, 2025 12:00 pm

Ministry of Economy and Tourism to host ‘UAE Africa Tourism Investment Summit’ in October

The Ministry of Economy and Tourism announced that it will host the UAE Africa Tourism Investment Summit on October 27, 2025, in Dubai, as part of the Future Hospitality Summit (FHS World 2025) - one of the leading global platforms for the hospitality, tourism, and investment sectors. The Summit...

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Business & Money | Sunday 17 August, 2025 12:00 pm

Aramco signs $11 billion Jafurah midstream deal with international consortium

Aramco has signed an $11 billion lease and leaseback deal involving its Jafurah gas processing facilities with a consortium of international investors, led by funds managed by Global Infrastructure Partners (GIP), a part of BlackRock. Jafurah is the largest non-associated gas development in...

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Business & Money | Sunday 17 August, 2025 12:00 pm

Abu Dhabi: A pioneering model in establishing quality standards, consumer protection

The Emirate of Abu Dhabi continues to strengthen its system of quality and regulatory oversight for products and services circulating in local markets, reinforcing its position as one of the leading destinations in ensuring consumer safety and protecting their rights. This is achieved by applying...

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