The Roads and Transport Authority (RTA) has awarded a contract for Phase II of Hessa Street Development. The project spans the 3 km corridor between Al Khail Road and Sheikh Mohamed bin Zayed Road. It includes upgrading three major intersections by constructing bridges extending 8,835 metres...
The Ministry of Finance (MoF), in its capacity as issuer and in collaboration with the Central Bank of the UAE (CBUAE) as issuing and payment agent, announced the launch of the first-ever 7-year tranche of UAE dirham-denominated Islamic Treasury Sukuk (T-Sukuk) valued at AED550 million. This...
The Abu Dhabi Chamber of Commerce and Industry has signed a cooperation agreement with the US Chamber of Commerce to enhance investment opportunities, exchange expertise, and strengthen communication channels between the business communities of Abu Dhabi and the United States. The agreement...
Alkhorayef Water and Power Technologies Co. (AWPT) signed a contract with the National Water Co. (NWC), totaling SAR 57.28 million (excluding VAT). Under the 36-month contract, AWPT will carry out the operation and maintenance of water and wastewater networks in Hafer Al-Batin, Saudi Arabia,...
ROSHN Group signed various strategic agreements to sell and develop land plots with an investment value exceeding SAR 1.3 billion. These agreements were signed in partnership with a number of local real estate developers for the establishment of residential and commercial projects within the SEDRA...
Red Sea International Co.’s subsidiary, Fundamental Installation for Electric Work Co. Ltd. (First Fix), signed a framework agreement on Feb. 18 with King Salman International Airport (KSIA) Development Co. for the early works package at the KSIA project in Riyadh. The agreement sets general ...
Saudi Arabia’s utility Acwa has signed a comprehensive power purchase agreement (PPA) with Turkey’s Ministry of Energy and Natural Resources to develop solar power plants with multi-billion-dollar investments. Alparslan Bayraktar, Minister of Energy and Natural Resources, said on X that...
Security is often the primary concern for users exploring peer-to-peer trading models, especially when compared to traditional centralized exchanges. This concern is understandable, as a p2p trading platform distributes responsibility differently, placing a greater emphasis on procedural safeguards ...
As digital assets move closer to the mainstream financial system, regulatory considerations increasingly shape how users convert them into traditional currency. What was once an informal and lightly monitored process is now subject to clearer rules, reporting obligations, and institutional...
Ramadan begins at home through the table prepared with care, the living space styled for guests, and the everyday details that quietly signal the season has arrived. This year, REDTAG introduces its 2026 Ramadan Home Collection, created for the way families in UAE prepare, host and gather...