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...
Artificial intelligence is quickly changing the way traders analyse financial markets. In Saudi Arabia, where every aspect of life is embracing AI amid full implementation of Vision 2030, traders are looking for faster and smarter ways to follow market movements and make informed...
Alkhorayef Water and Power Technologies Co. (AWPT) announced today, July 14, the award of a SAR 101.32 million contract, excluding VAT, with National Water Co. (NWC) to operate and maintain water and sewage networks in Al Khobar. The company will execute the operations and maintenance works...
The Sharjah Chamber of Commerce and Industry (SCCI) discussed ways to strengthen economic and trade cooperation with the Arab-Brazilian Chamber of Commerce (CCAB), with a focus on advancing private-sector collaboration between Sharjah and the Federative Republic of Brazil. The discussions...
Dubai Islamic Bank (DIB) reported net profit after tax of AED3.736 billion for the first half of 2026, compared with AED3.73 billion in the same period last year, while pre-tax profit rose 1% year-on-year to AED4.334 billion. In a statement issued on Tuesday, the bank said gross revenue...
Nasdaq Dubai today welcomed the listing of a US$300 million Additional Tier 1 (AT1) Perpetual Sukuk issued by Ajman Bank marking the Bank’s first capital securities transaction. The US$300 Million Additional Tier 1 Perpetual Non-Call 5.5-year Sukuk was structured under a Mudaraba arrangement ...
Ras Al Khaimah Economic Zone (RAKEZ) continues to expand its international outreach, hosting over a dozen delegation engagements so far this year as interest in Ras Al Khaimah’s business environment continues to rise. The visits brought diplomatic, government and business representatives...
Aldar and PureHealth have entered a strategic partnership to design and deliver health longevity-focused communities that embed technology, health, and wellness into every aspect of daily life, supporting the UAE’s ambition to become a global hub for health longevity and sustainable...
Given the high level of competition in the short-video world, gaining an initial foothold on TikTok may seem like a difficult task. In order to overcome the obstacle, creators and businesses alike seek to buy followers in order to generate what is known as "social proof"—a phenomenon in which...
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...
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...