Business & Money | Monday 16 June, 2025 8:33 am

Almarai signs SAR 1.04B acquisition deal for Ival, Oska owner

Almarai Co. signed an agreement to acquire 100% of the shares of Pure Beverages Industry Co., the owner of Ival and Oska, in a deal valued at SAR 1.04 billion. In a statement to Tadawul, Almarai said Pure Beverages is a leading producer of premium bottled drinking water in Saudi Arabia and the ...

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Business & Money | Monday 16 June, 2025 8:30 am

Tasheel sets up fintech payroll processing firm in Saudi Arabia

United International Holding Co. (Tasheel) finalized the establishment of a new company, named Now Access, with SAR 10 million capital and a total investment of SAR 75 million. The new entity is specialized in providing payroll administration and processing services through fintech in the...

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Business & Money | Monday 16 June, 2025 8:28 am

ProMedEx inks MoU to establish JV in Saudi Arabia

Professional Medical Expertise Co. (ProMedEx) signed a non-binding memorandum of understanding (MoU) with Zhende Medical Co. Ltd and MedSurg FZ-LLC, according to a Tadawul statement. The move aims to establish a joint venture (JV) in Saudi Arabia to manufacture medical supplies and better...

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Business & Money | Monday 16 June, 2025 8:26 am

UAE’s GDP reached AED1,776 billion in 2024 with 4% growth

The UAE’s real gross domestic product (GDP) reached AED1,776 billion in 2024, marking a 4 percent increase compared to that of 2023. Non-oil GDP grew by 5 percent, totalling AED1,342 billion, while oil-related activities contributed AED434 billion to the overall economy. Abdulla bin...

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Business & Money | Monday 16 June, 2025 8:24 am

UAE leads globally in metrology as pillar of innovation, economic competitiveness

The UAE continues to advance its efforts to build a knowledge-based economy rooted in innovation and advanced technology, with metrology, the science of measurement, emerging as a key enabler of the country's future vision. It plays a vital role in enhancing quality of life, boosting industrial...

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Business & Money | Monday 16 June, 2025 8:21 am

Saudi Arabia’s NEOM Energy and Water Company wins global recognition for breakthrough in brine valorisation and water recovery

Saudi Arabia’s NEOM Energy and Water Company (ENOWA) has been named first runner-up in the Innovative Research and Development Award (International Institutions category) during the fourth cycle of the Mohammed bin Rashid Al Maktoum Global Water Award. The company was recognised for pioneering...

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Business & Money | Monday 16 June, 2025 8:19 am

Dubai Customs launches Masar33 to empower Emiratis in logistics

Dubai Logistics Academy has announced the launch of the first cohort of the "Certified Specialist in Customs and Trade Operations" program, developed in collaboration with (Nafis). This initiative is part of Dubai Customs' ongoing efforts to support a sustainable economic environment by empowering...

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Business & Money | Monday 16 June, 2025 8:16 am

NHRI Conducts Introductory Visit to Abu Dhabi Police General Headquarters to Advance Institutional Collaboration on Human Rights

As part of its ongoing efforts to strengthen institutional cooperation in the field of human rights across the United Arab Emirates, the National Human Rights Institution (NHRI) conducted an introductory visit to the Abu Dhabi Police General Headquarters. The visit aimed to build bridges of...

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Business & Money | Monday 16 June, 2025 8:14 am

UAE Showcases Efforts in Driving Inclusion of People of Determination in All Areas at 18th Conference of States Parties

The United Arab Emirates (UAE) participated in the 18th Session of the Conference of States Parties (COSP18) to the Convention on the Rights of Persons with Disabilities (CRPD), held at the United Nations Headquarters in New York from 10 to 12 June 2025. The UAE delegation was led by Her Excellency ...

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Business & Money | Sunday 15 June, 2025 9:59 am

How GC Coupons Has Helped KSA Users Save on Noon, adidas, and 6th Street Over the Past 4 Years

Over the last four years, GC Coupons has become a go-to savings companion for online shoppers in Saudi Arabia. With a sharp focus on offering verified and up-to-date promo codes, GC Coupons has helped users maximize their savings on top platforms like Noon, adidas, and 6th Street. Whether it’s...

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