Business & Money | Thursday 28 August, 2025 11:35 am

CONDOR signs MoU with Hungary’s 4iG S&D to establish hub for advanced non-lethal solutions

CONDOR, a Brazilian leader in non-lethal technologies and part of the UAE’s EDGE Group, has signed a Memorandum of Understanding (MoU) with 4iG Space and Defence Technologies (S&D), a major telecommunications, IT, and defence-industrial group in Hungary and the Western Balkans, to explore the ...

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Business & Money | Thursday 28 August, 2025 11:14 am

BCG, DFF and WGS Unveil 6 Paradigm Shifts Redefining Global RDI — How Governments can Adapt to the Changing RDI Ecosystem

GCC governments are pinpointing Research, Development, and Innovation (RDI) as pivotal to their national strategies, emphasizing the need for significant shifts in policy and engagement to adapt to the changing RDI ecosystem, according to a report by Boston Consulting Group (BCG) and Dubai Future...

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Business & Money | Thursday 28 August, 2025 10:03 am

Saudi Arabia showcases tourism leadership and vision at Osaka Expo, deepening ties with Japan ahead of UN Tourism General Assembly and TOURISE in Riyadh

Saudi Arabia has taken another bold step in cementing its position as a global tourism leader, with Minister of Tourism H.E. Ahmed Al-Khateeb holding a high-level ministerial meeting with Japan’s Minister of Land, Infrastructure, Transport and Tourism, H.E. Hiromasa Nakano, in Tokyo. The meeting...

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Business & Money | Thursday 28 August, 2025 9:59 am

PCFC Achieves Landmark Performance in Smart Traffic Enforcement During First Half of 2025

The Ports, Customs and Free Zone Corporation (PCFC) has announced exceptional results in smart traffic enforcement during the first half of 2025, recording an unprecedented 401% increase in processed violations compared to Q1, with a response rate reaching 60.4%. This milestone reflects a...

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Business & Money | Thursday 28 August, 2025 9:46 am

Middle East mega-events require human-centric security models powered by advanced tech to be protected, say regional experts

Middle East mega-event organisers must empower human-centric security models with advanced technology to ensure safety and preserve public trust, according to senior industry figures due to speak at Intersec Saudi Arabia 2025. The comments came from representatives of the King Salman Park...

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Business & Money | Thursday 28 August, 2025 9:43 am

RAKEZ client session on strategic compliance and infrastructure sets stage for future growth

Ras Al Khaimah Economic Zone (RAKEZ) recently brought together its business community for a high-impact session aimed at enhancing operational clarity, compliance, and long-term planning. Led by Key Account, Permits & Regulations and Engineering departments at RAKEZ, the session offered...

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Business & Money | Thursday 28 August, 2025 9:41 am

Saudi Housing Minister sets White Land fee zones in Riyadh

Saudi Minister of Municipal and Rural Affairs and Housing, Majed Al-Hogail, unveiled the geographic scope of the White Land fees in Riyadh, a key step to regulate the real estate market and promote balanced urban development. In a post on the social messaging platform X, the minister said the...

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Business & Money | Wednesday 27 August, 2025 11:56 am

China plans to boost ties in renewables, supply chains with Saudi Arabia: Commerce Minister

Chinese Commerce Minister Wang Wentao said Beijing plans to strengthen cooperation with Saudi Arabia in renewable energy and supply chains, and to expand bilateral trade. Wang told Saudi Investment Minister Khalid Al-Falih that both countries should work together to defend international trade...

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Business & Money | Wednesday 27 August, 2025 11:48 am

Emaar EC extends PIF debt-to-equity conversion deal until year-end

Emaar the Economic City (Emaar EC) extended the maturity of its debt-to-equity conversion agreement with the Public Investment Fund (PIF) until Dec. 31, 2025, instead of Sept. 7, 2025, the company said in a statement to Tadawul. According to Argaam data, the company in March amended its...

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Business & Money | Wednesday 27 August, 2025 11:09 am

Saudi Cabinet OKs Law of Expropriation of Real Estate for Public Benefit

The Cabinet, chaired by King Salman bin Abdulaziz, approved today, Aug. 26, the Law of Expropriation of Real Estate for Public Benefit and Temporary Taking of Property. Minister of Finance Mohammed Al-Jadaan, said the updated law aims to enhance the governance of property expropriation...

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