Business & Money | Sunday 21 September, 2025 3:26 pm

AD Ports Group breaks ground on Noatum Ports Luanda Terminal

AD Ports Group today laid the foundation stone for the Noatum Ports Luanda Terminal at the Port of Luanda, marking the commencement of one of the most significant port modernisation and expansion projects in Angola. With an initial investment of US$250 million over the first three years, the...

More Details

Business & Money | Sunday 21 September, 2025 3:21 pm

UAE leads 'Dubai Strategy', assumes chairmanship of UPU Council of Administration

The 28th Universal Postal Congress - Dubai 2025, hosted by the UAE over the past two weeks, concluded today with member countries unanimously adopting the Universal Postal Union’s (UPU) 2026–2029 Strategy, also known as the ‘Dubai Strategy’, serving as a global roadmap for the future of the ...

More Details

Business & Money | Sunday 21 September, 2025 3:17 pm

RTA to host Dubai World Congress & Challenge for Self-Driving Transport

Under the patronage of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, the fourth edition of the Dubai World Congress and Challenge for Self-Driving Transport will commence on...

More Details

Business & Money | Sunday 21 September, 2025 2:35 pm

DIEZ trade surges 19% to AED336 billion in 2024

The Dubai Integrated Economic Zones Authority (DIEZ) achieved record growth in its total trade across the three economic zones in 2024, reaching a value of AED336 billion, a 19% increase compared to 2023. DIEZ also achieved a 13.7% share of Dubai’s non-oil trade, its highest-ever contribution to...

More Details

Technology & IT | Sunday 21 September, 2025 11:38 am

HONOR Celebrates Saudi National Day with Exclusive Offers & Up to SAR 1300 off on Its Latest Devices

As Saudi Arabia prepares to mark its National Day, HONOR proudly joins in celebrating this cherished moment of pride, unity, and progress with the people of the Kingdom. More than just a commemoration, National Day is a time for families, friends, and communities to come together and look ahead to...

More Details

Business & Money | Sunday 21 September, 2025 10:31 am

solutions signs SAR 500M credit facility deal with SAB

Arabian Internet and Communications Services Co. (solutions) signed a Shariah-compliant credit facility agreement with Saudi Awwal Bank (SAB) for SAR 500 million, according to a statement to Tadawul. The telecom operator obtained the financing on Sept. 18, with a one-year tenor. The...

More Details

Business & Money | Sunday 21 September, 2025 10:09 am

No idle land in portfolio: Alandalus

Alandalus Property Co. said none of its owned lands in Riyadh fall under the scope of the White Land Tax.   In a statement to Tadawul, the company added that this disclosure has no financial impact on the company. ...

More Details

Business & Money | Sunday 21 September, 2025 10:07 am

Retal says no significant impact of White Land Tax on financials

Retal Urban Development Co. noted that no owned lands within the company’s portfolio in Riyadh fall under the scope of the White Land Tax.This disclosure has no financial impact on the company, it added in a statement to Tadawul. ...

More Details

Business & Money | Sunday 21 September, 2025 10:04 am

Details of Real Estate Expropriation for Public Benefit Law

The Official Gazette published the Law of Expropriation of Real Estate for Public Benefit and Temporary Taking of Property, recently approved by the Saudi Cabinet.   The law consists of 39 articles and will come into effect 120 days after its publication in the Official...

More Details

Business & Money | Sunday 21 September, 2025 10:01 am

Masar sells two land plots for SAR 275M, books SAR 129.3M capital gain

Umm Al Qura for Development and Construction Co. (Masar) signed on Sept. 18 an agreement to sell two land plots within the Masar Destination project for a total of SAR 275 million, excluding taxes and fees borne by the buyer. The deals were signed by Masar and its wholly owned subsidiaries,...

More Details