Business & Money | Thursday 11 September, 2025 12:00 pm

Electrical Industries’ subsidiaries sign SAR 785.5M agreements with SEC

Electrical Industries Co.’s (EIC) subsidiaries, WESCOSA and Saudi Power Transformers Co., on Sept. 10, signed some agreements  to supply electrical equipment to Saudi Electricity Co. (SEC) with a total value of nearly SAR 785.5 million (excluding VAT). In a statement to Tadawul, the...

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Business & Money | Thursday 11 September, 2025 8:00 am

SHL Finance signs SAR 300M credit facility with Al Rajhi Bank

SHL Finance Co. signed today, Sept. 10, a Shariah-compliant banking facility worth SAR 300 million with Al Rajhi Bank. The five-year facilities were secured by a promissory note and receivables, the company said in a filing to Tadawul. The new financing will be directed at business...

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Business & Money | Thursday 11 September, 2025 8:00 am

EMSTEEL launches world’s first pilot of Electric Process Gas Heaters in steelmaking

EMSTEEL Group, one of the largest publicly traded steel and building materials manufacturers in the region, has announced a landmark partnership with global technology leader Danieli to launch the first Electric Process Gas Heater (ePGH) pilot for the steel sector. This pilot is not only a...

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Business & Money | Thursday 11 September, 2025 8:00 am

RAKEZ strengthens UAE-China ties with strategic delegation tour across 4 Chinese cities

A high-level delegation from Ras Al Khaimah Economic Zone (RAKEZ), led by Group CEO Ramy Jallad, successfully concluded a strategic tour across four major Chinese cities, including Shenzhen, Ningxia, Xiamen, and Hangzhou, aimed at enhancing bilateral economic cooperation and expanding cross-border...

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Business & Money | Thursday 11 September, 2025 8:00 am

Dubai to host 46th edition of Big 5 Global on 24th November

Big 5 Global, the largest and most influential construction and urban development event in the Middle East, Africa and South Asia (MEASA), returns to Dubai World Trade Centre for its 46th edition, supported by the UAE Ministry of Energy & Infrastructure, Dubai Civil Defence and Dubai...

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Business & Money | Thursday 11 September, 2025 8:00 am

EGA launches EGA Academy

Emirates Global Aluminium (EGA) today launched the EGA Academy, a strategic initiative to transform capability building and career development in industry to support the future growth of EGA and the UAE industrial sector. The EGA Academy builds on EGA’s long-standing commitment in line with...

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Business & Money | Thursday 11 September, 2025 8:00 am

DFSA, Securities and Futures Commission bolster ties in supervising cross-border investment management

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), and the Securities and Futures Commission (SFC), the independent statutory body responsible for the regulation of Hong Kong's securities and futures markets, today signed a...

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Business & Money | Thursday 11 September, 2025 8:00 am

TII, Abu Dhabi Ship Building collaborate to expand capabilities in naval maritime technologies

The Technology Innovation Institute (TII), the applied research arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), has signed a Collaboration Agreement with Abu Dhabi Ship Building (ADSB) to expand capabilities in naval maritime technologies. The agreement includes the launch a...

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Business & Money | Thursday 11 September, 2025 8:00 am

Amid MENA’s Fintech Boom, Checkout.com Joins Inaugural Money 20/20 Middle East

Global payments solution provider Checkout.com will be participating in the inaugural Money 20/20 Middle East, the world’s leading platform for the global money ecosystem. Taking place from September 15-17 in Riyadh, the event is expected to draw over 45,000 attendees under the inspiring theme,...

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Business & Money | Thursday 11 September, 2025 8:00 am

The 5th PPP MENA Forum Sets the Stage for Strategic Growth in Regional Infrastructure

The opening day of the 5th PPP MENA Forum at Jumeirah Emirates Towers brought together regional leaders, government officials, and private sector executives to chart the future of public-private partnerships across the Middle East and North Africa. Proceedings began with Chairman’s Opening...

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