24 Safar 1447 - 18 August 2025
    
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Eye of Dubai

HONOR Announces Pre-Orders for HONOR Magic V5 in the Saudi Market The all-new foldable sets new benchmarks in design, battery, durability, and AI innovation
Technology & IT | Sunday 17 August, 2025 3:45 pm
HONOR a global leading AI device ecosystem company has officially opened pre-orders for the much-anticipated HONOR Magic V5 across the Middle East and Africa. This announcement follows a successful regional launch event held in Dubai under the theme “Unfold New Possibilities”, which garnered...
Business & Money | Sunday 17 August, 2025 12:00 pm
Arabian Drilling Co. (ADC) extended the contracts for 11 onshore gas drilling rigs with SLB for one year. In a statement to Tadawul, the company said the extension represents 15%-20% of its 2024 revenues. All 11 rigs are currently in operation, and ADC will continue providing drilling...
MASAR signs contract to sell land plot for SAR 145.1M
Business & Money | Sunday 17 August, 2025 12:00 pm
Umm Al Qura for Development and Construction Co. (MASAR) announced the signing of an agreement to sell a land plot within the Masar Destination development in Makkah for SAR 145.12 million, according to a Tadawul statement. The transaction value excludes real estate transaction tax and any...
Umm Al Qura for Development and Construction Company Announces Signing of Land Sale Agreement to a Real Estate Fund Managed by SEDCO Capital
Business & Money | Sunday 17 August, 2025 12:00 pm
Umm Al Qura for Development and Construction Company, the owner, developer, and operator of Masar Destination, has announced the sale of a plot of land measuring 2,671.21square meters in Masar Central zone, adjacent to the King Abdullah Mosque project to Jazeel Al-Bina'a Company, the SPV of a...
Cabinet approves digital ID use for non-resident foreigners to own property
Business & Money | Sunday 17 August, 2025 12:00 pm
The Cabinet approved the use of a digital ID to enable non-Saudi, non-resident foreigners to own property in the Kingdom.The Real Estate General Authority (REGA) will coordinate with the Ministry of Interior, the Saudi Data and Artificial Intelligence Authority (SDAIA), the National Information...
FANR launches Nuclear and Radiation Excellence Award
Business & Money | Sunday 17 August, 2025 12:00 pm
The Federal Authority for Nuclear Regulation (FANR) has officially launched the Nuclear and Radiation Excellence Award to honour exceptional individuals and organisations advancing the fields of nuclear and radiation across the country. This national platform aims to recognise and celebrate...
Air Arabia Abu Dhabi launches seasonal flights to Yekaterinburg, Russia
Tourism & Hospitality | Sunday 17 August, 2025 12:00 pm
Air Arabia Abu Dhabi has launched seasonal flights between Abu Dhabi and Yekaterinburg, Russia. The service will operate twice weekly from 27th October 2025 to 27th March 2026, connecting Zayed International Airport and Yekaterinburg’s Koltsovo International Airport. Air Arabia Abu...
ADNOC L&S JV receives first Very Large Ethane Carrier in major fleet expansion
Business & Money | Sunday 17 August, 2025 12:00 pm
ADNOC Logistics and Services plc (ADNOC L&S / the Company) today announced that AW Shipping, its joint venture with Wanhua Chemical Group, has taken delivery of Gas Yongjiang, the first of nine state-of-the-art Very Large Ethane Carriers (VLECs) from Jiangnan Shipyard in China. The vessel...
Supreme Committee for Development of Hatta launches 14 new investment opportunities for citizens at Sustainable Waterfalls project
Business & Money | Sunday 17 August, 2025 12:00 pm
Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the Supreme Committee for the Development of Hatta has launched 14 new investment and commercial opportunities at the Hatta Sustainable Waterfalls project. These...
DP World reports strong H1 2025 results: revenue up 20.4%, container volumes rise 6.7%
Business & Money | Sunday 17 August, 2025 12:00 pm
DP World today announced strong financial and operational results for the first half of 2025, underlining the resilience of its integrated global trade platform amid ongoing geopolitical and economic uncertainty. Revenue grew by 20.4% year-on-year to $11,244 million, driven by strong...
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