Business & Money | Wednesday 19 November, 2025 1:28 pm

Partnership between former Prime Minister of the United Kingdom and the Real Estate Future Forum

As part of preparations for the fifth edition of the Real Estate Future Forum, taking place in May 2025, Forum officials met in London with Baroness Theresa May, former Prime Minister of the United Kingdom and member of the House of Lords. The meeting was held during an international tour aimed at...

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Business & Money | Thursday 25 December, 2025 9:05 am

CGS clinches SAR 166M deal with SANAD

Consolidated Grunenfelder Saady Holding Co. (CGS) said it signed a customized solutions project contract with Saudi Aramco Nabors Drilling Co. (SANAD) on Dec. 17, valued at SAR 166.03 million, excluding VAT, according to a statement to Tadawul. The project includes the sale and...

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Business & Money | Thursday 25 December, 2025 9:03 am

ACWA Power announces SAR 2B financial close for Ras Mohaisen IWP

ACWA Power Co. said Ras Mohaisen First Water Desalination Co. (Ras Mohaisen IWP) achieved financial close, with funds secured on Dec. 24 from a consortium of local and international banks comprising Banque Saudi Fransi (BSF), Riyad Bank, The Saudi Investment Bank (SAIB), and Standard Chartered...

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Business & Money | Wednesday 24 December, 2025 12:28 pm

DIFC-Based OSON Advances Plan to Build a Digital Financial Corridor Between Central Asia and the GCC

OSON, a fast-growing international fintech holding, is strengthening its regional presence from the Dubai International Financial Centre (DIFC) as it works to connect the booming markets of Central Asia with the GCC through a seamless digital financial corridor. With 2.8 million users, a...

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Business & Money | Wednesday 24 December, 2025 9:52 am

Social Development Bank Signs 51 Agreements at DeveGO25 Forum

The Social Development Bank (SDB) announced the signing of 51 agreements covering the establishment of financing portfolios, as well as local and international cooperation partnerships on the sidelines of the "Entrepreneurship and Modern Business Practices Forum, ‘DeveGO25’. This milestone...

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Business & Money | Wednesday 24 December, 2025 9:30 am

Masdar to develop Southeast Asia’s largest floating solar plant

Abu Dhabi Future Energy Company PJSC – Masdar has announced its first project in Malaysia, with the signing of a power purchase agreement (PPA) to develop a 200-megawatt (MW) floating solar photovoltaic (PV) project at the Chereh Dam in Pahang State. The project will be developed by a...

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Tourism & Hospitality | Wednesday 24 December, 2025 9:28 am

Etihad Airways finishes 2025 on award high, scooping over 25 international awards

Etihad Airways has enjoyed a golden year by collecting more than 25 prestigious international awards throughout 2025, with recognition spanning every aspect of the guest experience from cabin design to onboard catering, safety and operational excellence. The airline crowned the year by...

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Business & Money | Wednesday 24 December, 2025 9:27 am

Empower: Sustainable district cooling systems underpin Dubai’s new vertical expansion

Dubai continues to consolidate its position as one of the world’s most advanced cities in urban planning, guided by a comprehensive vision that extends beyond constructing skyscrapers to encompass smart infrastructure designed to support growth efficiently and sustainably. As vertical expansion...

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Business & Money | Wednesday 24 December, 2025 9:25 am

‘Future Partners’ helps turn innovative ideas into real projects

The Sharjah Economic Development Department hosted a "Future Partners" event at the Sharjah Holy Quran Academy. The session aimed to create chances for collaboration and build new partnerships among investors in the commercial and industrial sectors. The event provided a welcoming space...

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Business & Money | Wednesday 24 December, 2025 9:21 am

IHC strengthens digital services portfolio with majority acquisition of Peko Holdings

IHC Tuesday announced that it has successfully acquired a 70% stake in Peko Holdings Limited, a technology-driven company delivering an integrated digital platform designed to simplify and automate core business operations. Peko is an all-in-one digital platform purpose-built to help...

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Business & Money | Wednesday 24 December, 2025 9:15 am

Red Sea signs SAR 202.8M services contract for Trojena project

Red Sea International Co. signed today, Dec. 23, a contract with Webuild S.p.A. to provide integrated facilities management services (operations and maintenance) for the Trojena project (NEOM), valued at SAR 202.8 million, excluding value-added tax (VAT). In a statement to Tadawul, the company ...

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