Business & Money | Tuesday 16 December, 2025 9:30 am

TEKCE Expands Global Reach With New Real Estate Partner and Affiliate Programs

TEKCE’s new Partner and Affiliate Programs give property professionals and content creators real-time CRM visibility, white-label access to 7,000+ verified listings, and a transparent, trackable workflow for overseas sales. Malaga, Spain — TEKCE Real Estate announced an expanded Partner...

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Business & Money | Tuesday 16 December, 2025 9:29 am

Cenomi Retail shareholders to vote on name change on Jan. 5

Fawaz Abdulaziz Alhokair Co.’s (Cenomi Retail) shareholders will vote on amending a number of articles of the company’s bylaws, including changing the company’s name to AFG International during the extraordinary general meeting slated for Jan. 5, 2026.   According to a...

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Business & Money | Tuesday 16 December, 2025 9:25 am

Mastercard achieves its first Guinness World Records™ title in Saudi Arabia with its “Priceless Dribble” campaign

Mastercard has achieved a Guinness World Records™ title for the Most nationalities passing a football with its “Priceless Dribble” campaign in the Saudi capital Riyadh that has become a symbol of unity in the Kingdom. As Saudi Arabia gears up to becoming a global hub for sports events, people ...

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Business & Money | Tuesday 16 December, 2025 9:19 am

JLL acquires stake in PIF’s facility management arm FMTECH

JLL announced today, Dec. 15, signing an agreement to acquire a “significant stake” in Saudi Facility Management Co. (FMTECH) — a company owned by the Public Investment Fund (PIF). PIF will maintain a majority stake in FMTECH. The transaction is expected to close subject to customary...

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Business & Money | Tuesday 16 December, 2025 9:15 am

Saudi Arabia ranks 10th among G20 countries on UHC Index

Saudi Arabia has achieved progress in the Universal Health Coverage (UHC) Index, as its coverage score rose from 74 points to 83 points, recording a jump of 9 points, showed the results of the 2025 report issued by the World Health Organization and the World Bank Group.   The Kingdom ...

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Business & Money | Monday 15 December, 2025 1:00 pm

GIB Capital Strengthens Regional Leadership with Three Landmark International Capital Markets Transactions Totalling USD 2.1 Billion

GIB Capital, one of the region’s leading financial and investment banking advisors, today announced the successful execution of three major international capital markets transactions in November 2025, underscoring the firm’s growing influence and distribution strength across global debt...

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Business & Money | Monday 15 December, 2025 9:51 am

PALMA DEVELOPMENT AWARDS AED 760 MILLION CONTRACT FOR WEST RESIDENCE AT SERENIA DISTRICT

 Palma Development, one of the pioneering developers in the UAE real estate industry, has awarded an AED 760 million construction contract to Khansaheb Civil Engineering to deliver the West Residence, a 46-storey tower, which represents phase 1 within Serenia District at Jumeirah Islands. The...

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Government | Monday 15 December, 2025 9:28 am

Dubai Customs launches project to update its strategic plan 2026–2030

As part of its ongoing efforts to strengthen Dubai’s position as a leading global hub for trade, economy, and government innovation, Dubai Customs announced the launch of its project to update its institutional strategic plan 2026–2030. This initiative reflects the organization’s...

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Business & Money | Monday 15 December, 2025 9:25 am

Alkhorayef Water awarded SAR 57.3M contract by NWC in Hafer Al-Batin

Alkhorayef Water and Power Technologies Co. (AWPT) was awarded a contract on Dec. 11 by the National Water Co. (NWC) at a value of SAR 57.28 million (excluding VAT).   Under the 36-month contract, AWPT will perform the operation and maintenance of water and wastewater networks in...

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Sports | Monday 15 December, 2025 9:21 am

Prince Alwaleed to acquire Al Hilal FC for SAR 7.5B: Report

The acquisition of Al Hilal Club by Prince Alwaleed bin Talal bin Abdulaziz, Chairman of Kingdom Holding Co., has reached final stages, with an announcement expected before the end of December, sources familiar with the matter said. According to Asharq Al-Awsat newspaper,...

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