Tourism & Hospitality | Sunday 10 August, 2025 12:00 pm

KKIA achieves highest ever daily traffic with over 142,000 passengers

King Khalid International Airport (KKIA) achieved record figures in July in terms of daily and monthly operational performance, Riyadh Airports Co., said in a post on X platform. The number of passengers at KKIA on July 31 exceeded 142,540, marking the airport’s highest ever daily...

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Business & Money | Sunday 10 August, 2025 12:00 pm

ADNOC Distribution eyes 160 new Saudi stations in 2026: CEO

Badr Al Lamki, CEO of ADNOC Distribution, said the company plans to pursue its expansion in the Saudi market by launching 160 new stations in 2026, leveraging the agent-owned station model. In an interview with Asharq, Al Lamki said this model enabled the company to double its number of...

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Business & Money | Sunday 10 August, 2025 12:00 pm

Cenomi Centers: Westfield branches in Jeddah, Riyadh to raise 2026 EBITDA by SAR 650M

Alison Rehill Erguven, CEO of Arabian Centres Co. (Cenomi Centers), said the financial impact of the Westfield Jeddah and Riyadh projects is expected to boost EBITDA by 40%, or SAR 650 million. Through its partnership with Unibail-Rodamco-Westfield (URW), Cenomi Centers will develop six malls, ...

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Business & Money | Sunday 10 August, 2025 8:22 am

FANR’s Board of Management Meeting spotlights Barakah operations, strengthens global ties

The Board of Management of the Federal Authority for Nuclear Regulation (FANR) convened its fourth meeting of 2025. During the meeting, the Board was briefed by the Chair of the Audit and Risk Committee on the status of FANR’s Audit Plan, and by the Chair of the Development and Improvement...

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Business & Money | Sunday 10 August, 2025 8:20 am

Abdulaziz bin Humaid chairs first meeting of Investment Attraction and Promotion Working Group for Ajman

The first meeting of the "Investment Attraction and Promotion Working Group for the Emirate of Ajman" was convened under the leadership of Sheikh Abdulaziz bin Humaid Al Nuaimi, the authorized member responsible for its activities. Held at the Executive Council's General Secretariat with all...

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Business & Money | Sunday 10 August, 2025 8:18 am

Ras Al Khaimah Chamber discusses trade exchange with Uganda

Mohammed Musabbeh Al Nuaimi, Chairman of the Ras Al Khaimah Chamber of Commerce and Industry, received Zaake Wanume Kibedi, Ambassador of Uganda to the UAE. Discussions focused on strengthening economic relations between the Ras Al Khaimah Chamber of Commerce and the Uganda National Chamber of ...

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Business & Money | Sunday 10 August, 2025 8:16 am

ADX welcomes Thndr as its first remote retail trading member

The Abu Dhabi Securities Exchange (ADX) today onboarded Thndr, a leading retail investment platform in the MENA region, as the first remote retail trading member on the largest exchange in the UAE, the second largest in the MENA region, and among the top 20 in the world. Thndr, a Hub71...

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Business & Money | Sunday 10 August, 2025 8:14 am

UAE to finalise ‘Eurasian Economic Union’ trade, investment agreements by year-end: Al Zeyoudi

Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, confirmed that the UAE, under the vision and directives of its wise leadership, continues to take firm steps toward strengthening its international partnerships and solidifying its role as a global hub for trade and investment. He...

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Business & Money | Sunday 10 August, 2025 8:11 am

DEWA’s profit after tax hits AED2.9 billion

Dubai Electricity and Water Authority (DEWA), today reported its first half 2025 consolidated financial results, recording first half revenue of AED14.6 billion, EBITDA of AED7.0 billion, operating profit of AED3.7 billion, net profit of AED2.9 billion and cash from operations of AED9.2...

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Business & Money | Sunday 10 August, 2025 8:10 am

Etihad Rail to ‘open up new corridors for living, trade, and investment across the Emirates’

 A UAE property expert says the benefits delivered by Etihad Rail will extend far beyond real estate, creating new corridors for living, trade, and investment across the Emirates. Firas Al Msaddi, CEO of fäm Properties, believes the Etihad Rail network will transform the UAE’s economic ...

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