Business & Money | Thursday 18 September, 2025 11:29 am

PIF acquires 54% of MBC Group for SAR 7.5B

MBC Group Co. announced that the Public Investment Fund (PIF) completed the acquisition of a 54% stake in the MENA’s leading media company for SAR 7.47 billion.   All required paperwork was finalized by the Kingdom’s sovereign wealth fund, MBC Group said in a statement to...

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Business & Money | Thursday 18 September, 2025 11:26 am

Aramco completes $3B international sukuk issuance

Saudi Arabian Oil Co. (Saudi Aramco) completed the issuance of $ 3 billion international sukuk under SA Global Sukuk Limited’s Trust Certificate Issuance Program, the company said in a statement to Tadawul. Issuance DetailsTypeUS dollar-denominated, direct, unsubordinated, unsecured and...

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Technology & IT | Thursday 18 September, 2025 10:58 am

HONOR Announces the Launch of the All-new HONOR X7d 5G

HONOR, a global leading AI device ecosystem company, today announced the launch of the all-new HONOR X7d 5G. Setting a benchmark as a powerful phone with enhanced durability and brand-new AI experience in the market, the HONOR X7d 5G brings 5-star Premium Drop Protection, IP65 Water Resistance, a...

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Business & Money | Wednesday 17 September, 2025 12:43 pm

Al-Hogail flags reverse land grants to avoid white land tax

Municipal and Rural Affairs and Housing Minister, Majed Al-Hogail said land grants remain consistent with past years, noting that some beneficiaries are returning plots to avoid the white land tax, which he described as a sign of the program’s success. He told AlEkhbariya TV that...

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Business & Money | Wednesday 17 September, 2025 12:35 pm

Second day of Money20/20 Middle East unveils next-gen solutions at the region’s largest ever fintech gathering

Day two of Money20/20 Middle East in Riyadh brought together global leaders in fintech, banking, and financial services to discuss the future of money and finance in the region.  The agenda focused on transformative themes such as artificial intelligence in finance, regulatory...

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Business & Money | Wednesday 17 September, 2025 12:22 pm

solutions signs framework agreement with Saudi Aramco for digital computing infrastructure

Arabian Internet and Communications Services Co. (solutions) signed on Sept. 16 a five-year framework agreement with Saudi Aramco for a digital computing infrastructure project. solutions will supply, install and maintain digital computing infrastructure and related equipment at Aramco’s...

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Business & Money | Wednesday 17 September, 2025 12:15 pm

Ladun signs SAR 446M real estate development agreement with NHC

Ladun Investment Co. signed on Sept. 16 a real estate sub-development agreement with National Housing Co. (NHC) to develop Al-Mashraqia Villas in Riyadh, with an estimated contract value of SAR 446 million, excluding VAT, according to a statement to Tadawul. Under the 42-month contract,...

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Business & Money | Wednesday 17 September, 2025 12:15 pm

Sharjah to host Evolve Future Mobility Show

The Evolve Future Mobility Show (EFMS 2025), the Middle East's premier platform for shaping the future of the electric vehicle industry in the region, is making its debut in Sharjah, taking place from 15th to 18th October 2025 at Expo Centre Sharjah. Launched with support from the Sharjah...

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Business & Money | Wednesday 17 September, 2025 12:12 pm

Global retailers, distributors, key buyers drive momentum at ISM Middle East & Private Label Middle East 2025

The second day of ISM Middle East and Private Label Middle East 2025 at the Dubai World Trade Centre saw global retailers, distributors, and top buyers converge to forge high-value business connections set to accelerate international growth. Private Label Middle East features a whole array of...

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Business & Money | Wednesday 17 September, 2025 12:10 pm

7X, Jordan Post sign MoU to boost postal, digital cooperation at 28th Universal Postal Congress

7X, the UAE’s leading trade, transport and logistics holding group and the official representative of the UAE in the Universal Postal Union (UPU), signed a strategic Memorandum of Understanding (MoU) with Jordan Post to strengthen cooperation in postal services, bilateral agreements and digital...

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