Business & Money | Monday 17 November, 2025 12:00 pm

Arabian Drilling renews four Aramco contracts worth over SAR 2B

Arabian Drilling Co. secured extensions for four rig contracts with Saudi Arabian Oil Co. (Saudi Aramco), adding more than SAR 2 billion to its backlog, with durations ranging from five to ten years. In a statement to Tadawul, the company said the renewals will add 30 committed...

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Business & Money | Sunday 16 November, 2025 3:05 pm

Schneider Electric Showcases the Impact of its Sustainability Commitment Through Strong Q3 Results

Schneider Electric, a global energy technology leader, today announces its non-financial results for the third quarter of 2025, confirming its progress toward completing the Schneider Sustainability Impact (SSI) 2021–2025 program. With one quarter remaining, the company reports a score of 8.52...

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Business & Money | Sunday 16 November, 2025 12:40 pm

Dubai Electricity and Water Authority PJSC announces record breaking revenue of AED 25 billion and operating profit of AED 8.3 billion for the first nine months ending Sept 2025

Record nine months of 2025 ResultsAED 24.9 billionAED 13.1 billionAED 8.3 billionAED 6.8 billion+5.9% YoY+11.9% YoY+21.5% YoY+24.8% YoY9 months of 2025  Revenue 9 months of 2025  EBITDA 9 months of 2025  Operating Profit 9 months of ...

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Business & Money | Sunday 16 November, 2025 12:27 pm

Events Investment Fund Boosts Saudi Sports, Culture, Tourism and Entertainment Sectors with Launch of First Landmark Project

The Events Investment Fund (EIF) — launched by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, under the National Development Fund (NDF) — today announced the development of the Riyadh Shooting Range & Entertainment...

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Business & Money | Sunday 16 November, 2025 12:18 pm

Social Development Bank announces second edition of the Entrepreneurship and Modern Business Practices Forum (DeveGo 2025)

As part of its commitment to transforming Saudi entrepreneurship and empowering Small and Emerging Enterprises to grow and thrive in a rapidly evolving global economy, the Social Development Bank (SDB) has announced the second edition of the Entrepreneurship and Modern Business Practices Forum...

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Business & Money | Sunday 16 November, 2025 12:11 pm

Senior Delegation from the Ministry of Energy and Infrastructure Visit Schneider Electric’s Impact Building ‘The NEST’ in Dubai

HE Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs in the UAE Ministry of Energy and Infrastructure, along with a senior delegation from the Ministry, visited Schneider Electric’s Dubai office and flagship Impact Building globally, The NEST. Amel Chadli, President of Gulf...

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Business & Money | Sunday 16 November, 2025 12:10 pm

Abu Dhabi to take economic partnership with Singapore & India to new heights

As part of its ongoing efforts to build and cement relations with leading economies, the Abu Dhabi Department of Economic Development (ADDED) will lead a high-level economic delegation to Singapore and India from 17 to 21 November 2025. The two visits reaffirm the emirate’s commitment to...

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Business & Money | Sunday 16 November, 2025 12:08 pm

Aramco’s $28B Q3 Profit Highlights Strength Amid Volatile Oil Market

Saudi Aramco has once again demonstrated its resilience amid global energy market volatility, reporting robust third-quarter 2025 results that highlight the company’s operational strength and strategic focus on the future of energy.The company posted an adjusted net income of USD $28.0 billion...

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Business & Money | Sunday 16 November, 2025 11:53 am

Ericsson and e& launch second cohort of Excelerate& to develop Emirati talent

Ericsson (NASDAQ: ERIC) and e&, the global technology group, announce the launch of the second cohort of Excelerate&, a 12-month development program designed to build Emirati technology talent and support the Centennial 2071 vision for the United Arab Emirates (UAE). Excelerate&...

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Business & Money | Sunday 16 November, 2025 11:47 am

EPA Drives Industry Growth and Innovation at the Sharjah International Book Fair 2025

 The Emirates Publishers Association (EPA) continues to reinforce its presence on both the local and global cultural scenes through its active participation in the Sharjah International Book Fair 2025 (SIBF 2025), one of the largest literary and cultural gatherings in the Arab world. The...

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