Business & Money | Sunday 8 February, 2026 10:57 am

‎The Council of Ministers’ recognition of the Real Estate Future Forum underscores the Forum’s role as a national platform for alignment, partnership, and measurable impact

‎The Council of Ministers’ recognition of the Real Estate Future Forum underscores the Forum’s role as a national platform for alignment, partnership, and measurable impact — translating dialogue into outcomes that advance the sector’s developmental...

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Business & Money | Tuesday 14 July, 2026 8:00 am

National Water Company Constructs and Operates 5 Water Reservoirs in Riyadh at SR +128m

The National Water Company (NWC) announced the completion of a project to construct five water reservoirs in western Riyadh, as part of the second phase of the strategic water plan for the capital, Riyadh, at a total cost exceeding 128 million Saudi Riyals. The company explained that the...

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Business & Money | Tuesday 14 July, 2026 8:00 am

SHL renews SAR 1.82B facilities with ANB

SHL Finance Co. renewed today, July 13, a Shariah-compliant credit facilities agreement with Arab National Bank (ANB), a related party, with a total value of SAR 1.82 billion. In a statement to Tadawul, the company said the financing has a term of five years, noting that a promissory note and...

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Business & Money | Tuesday 14 July, 2026 8:00 am

PIF, I Squared Capital explore up to $2B infrastructure investment

The Public Investment Fund (PIF) and I Squared Capital signed a memorandum of understanding (MoU) today, July 13, to explore up to $2 billion in investments in PIF-owned real estate and infrastructure assets. According to a statement received by Argaam, the two parties, in collaboration with...

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Business & Money | Tuesday 14 July, 2026 6:55 am

Sharjah Islamic Bank reports AED803.9 million net profit, up 15.3 percent

Sharjah Islamic Bank (SIB) reported a net profit after tax of AED803.9 million for the first half of 2026, up 15.3 percent from AED697.2 million during the corresponding period in 2025. The results were driven by balanced growth across the Bank's business activities, successful revenue...

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Business & Money | Tuesday 14 July, 2026 6:52 am

Masdar reaches financial close for world-first US$6.1 billion gigascale 24/7 clean energy project

Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, today announced financial close for the world's first gigascale 24/7 renewable energy project, marking a defining milestone in the commercialisation of the next generation of clean energy infrastructure. Backed by a ...

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Business & Money | Tuesday 14 July, 2026 6:50 am

UAE Green Vision Takes Center Stage in Geneva: Advancing Global Green Value Infrastructure at WSIS Forum 2026 and AI for Good Global Summit

Within the UN-sponsored multilateral platform of WSIS Forum 2026, the AI for Good Global Summit 2026 and Session 562 of the WSIS Forum agenda in Geneva, a UAE-linked delegation led by H.E. Shaikh Hamad Rakadh Salem Hamad Alameri, Chairman of Shaikh Hamad Rakadh Salem Rakadh Office, advanced...

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Business & Money | Tuesday 14 July, 2026 6:47 am

Dubai South Emerges as Dubai’s Fastest-Growing Real Estate Market as Infrastructure Investments Accelerate

Dubai South is rapidly consolidating its position as one of Dubai’s fastest-growing real estate markets, supported by large-scale government infrastructure investments, expanding economic activity and sustained demand for residential developments, according to a new market report released by W...

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Business & Money | Tuesday 14 July, 2026 6:45 am

Empower reinforces its leadership with a new agreement to supply the ‘Mercedes-Benz Places|Binghatti City’ project for a total cooling capacity of 37,000 RT

 Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, has signed an agreement with Binghatti Developers to supply district cooling services to the ‘Mercedes-Benz Places|Binghatti City’project in Meydan, for a total capacity...

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Business & Money | Tuesday 14 July, 2026 6:29 am

Riyadh Development adopts CFA Institute's GIPs

Riyadh Development Co. (ARDCO) announced that it has adopted the Global Investment Performance Standards (GIPS) for Asset Owners, issued by the CFA Institute, according to a Tadawul statement. In addition, the company completed an independent verification of its investment performance policies ...

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Business & Money | Sunday 12 July, 2026 10:02 am

Masar signs 3 land sale agreements for SAR 441.1M

Umm Al Qura for Development & Construction Co. (Masar) signed three reservation agreements to sell land plots for SAR 441.1 million, according to a statement to Tadawul. The land plots, with a total area of 7,387 square meters, are located off the pedestrian boulevard within Zone 2 of the...

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