Business & Money | Saturday 11 October, 2025 8:00 am

Cenomi Centers releases prospectus for SAR 4.5B sukuk issue

Arabian Centres Co. (Cenomi Centers) issued today, Oct. 9, the prospectus for the issuance of sukuk worth SAR 4.5 billion. The company said, in a Tadawul statement, that under its sukuk program, it may issue sukuk from time to time, while complying with all applicable laws and...

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Business & Money | Saturday 11 October, 2025 8:00 am

Saudi scientist Omar Yaghi wins 2025 Nobel Prize in Chemistry

The Royal Swedish Academy of Sciences announced today, Oct. 8, that scientists Susumu Kitagawa, Richard Robson, and Saudi researcher Omar Yaghi have been awarded the 2025 Nobel Prize in Chemistry for their pioneering contributions to the development of metal-organic frameworks...

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Business & Money | Friday 10 October, 2025 8:17 pm

From Smart Cities to AI Cities: How Technology Is Rebuilding Urban Life Post-2025

Cities have always been the beating heart of human civilization, shaping culture, economies, and progress. But as we enter a new era defined by data and artificial intelligence, cities themselves are evolving into something more dynamic and intelligent. What was once a “smart city” with...

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Technology & IT | Friday 10 October, 2025 1:06 pm

Under the Patronage of the UAE Cybersecurity Council: AICyberFest Empowers Students to Drive AI-Powered Cybersecurity Innovation

Dubai, UAE — Under the patronage of the UAE Cybersecurity Council, the UAE is spotlighting the next generation of cybersecurity pioneers at the inaugural AICyberFest, a national festival celebrating innovation in artificial intelligence and cybersecurity. The festival runs throughout October,...

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Technology & IT | Friday 10 October, 2025 11:45 am

AI Servers Manufactured in the UAE, Engineered for the Middle East: Kerno at GITEX 2025

Dubai, UAE — At GITEX GLOBAL, Kerno, the region’s first full-cycle server and data storage manufacturer — will unveil its latest high-performance AI servers and universal server systems.Kerno will also showcase its state-of-the-art server manufacturing equipment. The Surface Mount Technology...

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Business & Money | Thursday 9 October, 2025 9:38 am

Diriyah inks SAR 917M deal to develop Grand Mosque

Diriyah Co. signed a SAR 917 million contract with a consortium comprising Al-Majal El-Arabi Group and MAN Enterprise AlSaudia to develop the Grand Mosque as part of the project’s second phase. In a statement on X, the company said the mosque spans 12,300 square meters and will...

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Business & Money | Thursday 9 October, 2025 8:34 am

DIFC’s DEWS savings scheme surpasses $1 billion in assets

Dubai International Financial Centre (DIFC) today announced that its innovative employee workplace savings plan, the DIFC Employee Workplace Savings (DEWS) scheme, has surpassed US$1 billion in Assets under Administration (AuA). Launched in February 2020, DEWS was the first initiative of its...

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Business & Money | Thursday 9 October, 2025 8:00 am

MOMAH OKs exec rules for municipal violations penalties

Saudi Arabia’s Ministry of Municipalities and Housing (MOMAH) approved the updated Executive Rules for the Regulations of Municipal Violations Penalties, in an attempt to boost compliance efficiency across the Kingdom's cities. The new rules provide a unified regulatory framework for the...

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Business & Money | Thursday 9 October, 2025 8:00 am

CBUAE hosts Central Banking Datal Leaders and Professionals Conference in Abu Dhabi

The Central Bank of the UAE (CBUAE) has hosted Central Bank Data Leaders and Professionals Conference in Abu Dhabi, under the theme "Data- The Solid Foundation of Central Bank Operations in Times of Uncertainty”. The conference welcomed senior officials from the CBUAE and over 35 other...

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Business & Money | Thursday 9 October, 2025 8:00 am

ADNOC listed companies target record AED158 billion in dividends from 2025 to 2030

ADNOC has announced a target to distribute AED158 billion (US$43 billion) in dividends across its six publicly listed companies through to 2030, subject to customary approvals, in addition to the AED86 billion (US$23 billion) already paid since the first company Initial Public Offering (IPO) in...

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