Business & Money | Thursday 16 July, 2026 8:00 am

Real estate deals up at SAR 23.7B in June

The value of real estate transactions in the Saudi market increased 8% in June 2026 to around SAR 3.7 billion, from SAR 22 billion a year earlier. The rise was driven by a 24% rise in the value of non-residential real estate transactions to SAR 8.7 billion from SAR 7 billion in June 2025....

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Business & Money | Thursday 16 July, 2026 8:00 am

Mohammed Bin Rashid Innovation Fund, National Bonds partner to promote financial literacy, entrepreneurship

The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the Ministry of Finance to support the innovation and entrepreneurship ecosystem in the UAE, has signed a Memorandum of Understanding with National Bonds, the UAE's Sharia-compliant savings and investment company. The...

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Business & Money | Thursday 16 July, 2026 8:00 am

Sharjah real estate transactions reach AED29.5 billion in H1

The total value of real estate sector transactions in Sharjah reached approximately AED29.5 billion during the first half of 2026, marking a 9.3 percent increase compared to the same period in 2025. The Sharjah Real Estate Registration Department executed 59,460 transactions, recording a...

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Business & Money | Thursday 16 July, 2026 8:00 am

DMCC, Botswana Stock Exchange partner to establish Dubai-Gaborone trade corridor

DMCC, the leading international business district that drives the flow of global trade through Dubai, has signed a strategic Memorandum of Understanding with the Botswana Stock Exchange Group (BSE), operator of the Botswana Mercantile Exchange (BMX), to strengthen Botswana's access to global...

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Business & Money | Thursday 16 July, 2026 8:00 am

Abu Dhabi to host IREIS 2026 in September to support real estate growth

Abu Dhabi will host the International Real Estate and Investment Show (IREIS 2026), the emirate's largest real estate sales exhibition approved by the Department of Culture and Tourism-Abu Dhabi (DCT Abu Dhabi), from 17th to 19th September at the Abu Dhabi National Exhibition Centre (ADNEC),...

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Business & Money | Wednesday 15 July, 2026 6:23 pm

XM AI: The Must-Try AI Trading Tool for KSA Traders

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...

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Business & Money | Wednesday 15 July, 2026 6:59 am

AWPT awarded SAR 101.3M contract with NWC

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...

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Business & Money | Wednesday 15 July, 2026 6:56 am

Sharjah Chamber discusses expanding economic cooperation with Arab-Brazilian Chamber of Commerce

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...

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Business & Money | Wednesday 15 July, 2026 6:54 am

Dubai Islamic Bank reports AED3.74 billion net profit

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...

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Business & Money | Wednesday 15 July, 2026 6:53 am

Nasdaq Dubai welcomes Ajman Bank's $300 milllion Additional Tier 1 Perpetual Sukuk

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 ...

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