Business & Money | Monday 1 September, 2025 8:38 am

2P bags SAR 35M contract from Taibah University

Perfect Presentation for Commercial Services Co. (2P) was awarded, on Aug. 31, a managed IT services project for Taibah University and its branches at a total value of SAR 34.99 million including VAT, according to a statement to Tadawul. The scope of work under this contract includes the...

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Business & Money | Monday 1 September, 2025 8:31 am

Azizi Developments wins Global Business Finance Awards’ Best CSR Initiative and CEO of the Year

 Azizi Developments, a leading private developer in the UAE, has been honored with two prestigious recognitions at the Global Business Finance Awards 2025. The developer was awarded Best Corporate Social Responsibility Initiative UAE 2025, while its Group CEO, Mr. Farhad Azizi, received the...

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Business & Money | Monday 1 September, 2025 8:24 am

DUBAI SOUTH AND TOLL GROUP BREAK GROUND ON STATE-OF-THE-ART LOGISTICS FACILITY

: Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, and Toll Group, a global logistics leader, and the majority owner of the CWT-SML Logistics, have broken ground on the company’s upcoming distribution centre at Dubai South’s Logistics...

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Business & Money | Monday 1 September, 2025 8:15 am

Ajman DOF organises a meeting to introduce the updated version of the “Tawreed” system and explore ways to enhance the supplier experience

 As part of its ongoing efforts to enhance the efficiency of government operations and improve the supplier experience, the Department of Finance in Ajman organised an introductory meeting with Ajman government supplier partners to present the updated version of the Tawreed platform. The...

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Business & Money | Sunday 31 August, 2025 2:30 pm

Under Patronage of the Custodian of the Two Holy Mosques, Riyadh to Host 9th Future Investment Initiative Conference in October

Under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, the ninth edition of the Future Investment Initiative (FII) Conference will be held from October 27 to 30, 2025, in Riyadh at the King Abdulaziz International Conference Center, under the theme “The Key to ...

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Business & Money | Sunday 31 August, 2025 12:29 pm

Red Sea Global, Riyadh Air launch strategic alliance

Red Sea Global (RSG) signed a strategic partnership agreement with Riyadh Air to integrate marketing efforts between the two parties. In a statement, RSG said the collaboration focuses on brand and marketing activities that will enhance visibility and awareness of both companies, highlighting...

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Business & Money | Sunday 31 August, 2025 12:22 pm

Asas Makeen buys land plot in Riyadh for SAR 53M to build residential units

Asas Makeen Real Estate Development and Investment Co. purchased on Aug. 28, an 8,800 sqm land plot in Al-Arid district, Riyadh, from Abdulrahman Al-Hamlan for SAR 52.98 million. In a statement to Tadawul, the company said the deal will be financed through a bank loan and part of its own...

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Business & Money | Sunday 31 August, 2025 12:17 pm

Ministry of Municipalities, SFDA update table of Food Law violations

Saudi Arabia’s Ministry of Municipalities and Housing and the Saudi Food and Drug Authority (SFDA) issued the updated version of Food Law violations, to enhance food safety and raise regulatory compliance among food establishments. According to the Ministry, the updated classifications of...

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Business & Money | Sunday 31 August, 2025 12:10 pm

Riyad Capital announces successful issuance of landmark SAR 500 million Saudi Riyal denominated Sukuk for Sumou Global Investment Company

Riyad Capital, the leading Saudi IB Advisor and a leading asset manager within Saudi Arabia and the GCC region, today announced the successful issuance of a SAR 500 million Saudi Riyal denominated sukuk for Sumou Global Investment Company (“Sumou”) a first of its kind for the Saudi Real Estate...

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Business & Money | Sunday 31 August, 2025 12:08 pm

UAE, India explore ways to maximise benefits of CEPA

Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, underscored the importance of the UAE’s economic relationship with India during an official visit to Mumbai, where he held bilateral talks with Shri Piyush Goyal, India’s Minister of Industry and Commerce, and engaged with leading...

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