Business & Money | Wednesday 15 April, 2026 10:13 am

Dubai Properties awards contracts worth AED1.1 billion to expand Villanova with 850 new homes

Dubai Properties, a member of Dubai Holding Real Estate, has awarded contracts worth nearly AED1.1 billion to Metac General Contracting Co. LLC for the construction of 850 townhouses at Villanova in Dubailand, accelerating the next phase of growth at one of Dubai’s most established family...

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Business & Money | Tuesday 14 April, 2026 10:38 am

Academy of Learning signs SAR 332.4M lease for Riyadh education complex

Learning National Schools Co., a subsidiary of Saudi-listed Academy of Learning Co., signed a long-term investment lease agreement with High Standard Real Estate Co. for a model educational complex in Riyadh. The lease value stood at SAR 332.44 million (inclusive of VAT), according to a...

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Business & Money | Tuesday 14 April, 2026 9:58 am

UAE, Uzbekistan discuss strengthening partnerships in new economy sectors

Abdulla bin Touq Al Marry, Minister of Economy and Tourism, met today with a high-level Uzbek delegation to discuss expanding bilateral economic and investment ties. The talks focused on fostering sustainable development partnerships across priority sectors including the new economy, tourism,...

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Business & Money | Tuesday 14 April, 2026 9:52 am

Renaissance Services acquires Socat as part of new growth strategy

Muscat, Oman - Renaissance Services, Oman’s leading integrated facilities management (IFM) and accommodation solutions company, has announced the completion of its acquisition of Socat LLC, the Omani arm of the French multinational Sodexo, as part of a strategic growth initiative. The acquisition ...

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

Al-Khorayef visits Ras Al-Khair Port, inspects Maaden facilities, RCJY ops center

Minister of Industry and Mineral Resources Bandar Al-Khorayef visited Ras Al-Khair Port, several facilities owned by Maaden, and the Royal Commission for Jubail & Yanbu’s (RCJY) operations center in Ras Al-Khair Industrial City for Mining. The visit came with the aim to assess the...

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Business & Money | Monday 13 April, 2026 11:35 am

Deal Expo 2026 to Drive Riyadh’s Year-End Retail Momentum at RICEC

Deal Expo 2026 is set to take place from 26–29 December 2026 at the Riyadh International Convention & Exhibition Center (RICEC), positioning itself as one of the capital’s most dynamic consumer retail platforms. Aligned with Saudi Arabia’s Vision 2030 and the Kingdom’s rapidly...

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Business & Money | Monday 13 April, 2026 8:00 am

MIS receives SAR 114.6M PO from Ministry of Education

Al Moammar Information Systems Co. (MIS) received a purchase order from the Ministry of Education valued at SAR 114.55 million (including VAT). In a statement on Tadawul, the company said a one-year contract was awarded and signed on April 1. Under the contract, MIS will provide IT...

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Business & Money | Monday 13 April, 2026 8:00 am

Al-Saif inaugurates Lenovo regional HQ in Riyadh

Investment Minister Fahd Al Saif inaugurated today, April 12, Lenovo’s regional headquarters (HQ) for the Middle East, Turkey, and Africa in Riyadh. This comes as part of Saudi Arabia’s push to boost its appeal as a hub for global companies. The minister said the move reflects the success...

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Business & Money | Monday 13 April, 2026 8:00 am

ELSEWEDY ELECTRIC Advances Power Transformation with Six High-Voltage Substations in Saudi Arabia

 ELSEWEDY ELECTRIC Power Systems Projects is currently executing a portfolio of six high-voltage power substations across various regions of the Kingdom, with voltage levels ranging between 110 and 115 kilovolts. This is part of the company’s ongoing commitment to supporting and...

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Business & Money | Monday 13 April, 2026 7:00 am

Dubai SME launches new platform for youth entrepreneurship & innovation

The Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism (DET), has launched Majlis Al Mustaqbal, a new entrepreneurship programme designed to empower aspiring youth entrepreneurs and support the development...

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