Business & Money | Tuesday 7 July, 2026 3:16 pm

ADNOC, XRG, Mitsui to advance new opportunities across energy value chain

ADNOC and XRG have signed a Strategic Collaboration Agreement (SCA) with Mitsui & Co., Ltd. (Mitsui) to unlock new growth opportunities across the energy value chain. The agreement was signed during the visit to Japan by Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology,...

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Business & Money | Tuesday 7 July, 2026 3:12 pm

PCFC, DP World advance Emirati professionals through Sanad programme

The Ports, Customs and Free Zone Corporation (PCFC) and DP World have celebrated the graduation of 10 Emirati professionals from the Sanad programme, an initiative aimed at developing the next generation of Emirati security specialists and preparing them to work across operational, regulatory,...

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Business & Money | Tuesday 7 July, 2026 2:55 pm

Makkah Construction signs SAR 372M contract to renovate hotel rooms, towers

Makkah Construction and Development Co. (MCDC) signed a 19-month contract on July 6 with Roots Innovative Industrial Co. to carry out renovation works for Makkah Hotel and Towers. In a statement to Tadawul, the company said the total contract value is SAR 372 million, excluding VAT. The...

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Business & Money | Monday 6 July, 2026 7:34 pm

Knowledge Economic City secures SAR 152M loan from SAIB

Knowledge Economic City (KEC) secured SAR 152 million in Shariah-compliant financing from Saudi Investment Bank (SAIB) to complete the construction of the educational complex at KEC, according to a statement to Tadawul. The company said the educational complex will be managed and operated by...

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Business & Money | Monday 6 July, 2026 7:03 pm

Dubai expands global investor access through partnership between DET, Deutsche Bank

The Dubai Department of Economy and Tourism (DET) has signed an agreement with Deutsche Bank to support international investor engagement and investment opportunities in Dubai, further strengthening its position as a leading international hub for business and investment. The collaboration will ...

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Business & Money | Monday 6 July, 2026 6:58 pm

UAE real estate sector maintains its momentum, driven by strong demand, economic resilience

The UAE's real estate sector continued to strengthen its position during the first half of this year as one of the world's most dynamic and attractive economic sectors for investment. This performance was driven by the strength of the national economy, business-friendly government policies,...

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Business & Money | Monday 6 July, 2026 6:46 pm

UAE–Korea partnership to study establishment of Korean Industrial Zone in UAE

UAE-based AG Company has signed a strategic partnership with Akbar Investment Company of the Republic of Korea to study the establishment of an industrial zone dedicated to Korean industries in the Emirate of Abu Dhabi, in a move that reflects the growing economic and investment cooperation between ...

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Business & Money | Monday 6 July, 2026 6:42 pm

Dubai Chambers, FedEx sign MoU to support international expansion of local businesses

Dubai Chambers has signed a Memorandum of Understanding (MoU) with FedEx, the world’s largest express transportation company, to help Dubai-based businesses strengthen their export readiness and accelerate international growth through world-class logistics, global connectivity, and trade...

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Business & Money | Monday 6 July, 2026 11:50 am

Tamchy Special Financial Investment Territory on Issyk-Kul Launched in Kyrgyzstan


Issyk-Kul, Kyrgyzstan -The President of the Kyrgyz Republic, Sadyr Japarov, has inaugurated the Tamchy Special Financial Investment Territory (SFIT), a new international jurisdiction on the shores of alpine Lake Issyk-Kul. The first residents of Tamchy, who joined during the launch ceremony,...

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Business & Money | Sunday 5 July, 2026 7:32 pm

Saudi Arabia set to participate in 2026 UN High-Level Political Forum on Sustainable Development

The Kingdom of Saudi Arabia will participate in the United Nations High-Level Political Forum on Sustainable Development (HLPF) 2026 from July 7-15 in New York. The annual forum brings countries together to review global efforts and progress in delivering on the Sustainable Development Goals (SDGs) ...

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