Business & Money | Wednesday 20 August, 2025 12:00 pm

10 startups join Presight’s AI-Startup Accelerator Bootcamp in Abu Dhabi

Presight, a leading global AI and big data analytics company, is hosting its first-ever AI-Startup Accelerator Bootcamp in Abu Dhabi, bringing together 10 promising startups from across the globe for a transformative three-day programme designed to scale real-world AI solutions. The Bootcamp...

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Business & Money | Wednesday 20 August, 2025 12:00 pm

Saudi’s GACA grants VistaJet license as first foreign private jet operator

The General Authority of Civil Aviation (GACA) granted a foreign operator certificate to VistaJet, a private aircraft operator, making it the first international private jet operator permitted to operate domestic routes within the Kingdom. In a statement, the authority said that the...

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Business & Money | Wednesday 20 August, 2025 12:00 pm

Ras Al Khaimah, UAE, is undeniably one of the fastest-growing real estate markets in the Middle East: industry leaders

Ras Al Khaimah is experiencing an unprecedented real estate boom, rapidly emerging as among the most dynamic property markets in the UAE, guided by the forward-looking vision of His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah.  The...

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Business & Money | Wednesday 20 August, 2025 12:00 pm

The Arabian Silk Road: First Global Path to Responsible Consumption and Production

Renowned for its green plains and world-famous dates, Al Qassim has emerged as a Saudi model for integrating agricultural heritage with modern sustainability practices. Under the patronage of HRH Prince Dr. Faisal bin Mishaal bin Abdulaziz Al Saud, the “Qassim Land” initiative was launched to...

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Business & Money | Wednesday 20 August, 2025 10:22 am

GIB Capital Announces Management of “Al Wuroud 2” Fund with SAR 1.5 Billion Investment in Taif

GIB Capital, one of the leading companies in asset management and in providing innovative banking, financial, and investment solutions, has announced the management of the “Al Wuroud 2” Fund — a closed-end private real estate fund — with investments exceeding SAR 1.5 billion. The fund is...

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Business & Money | Wednesday 20 August, 2025 9:01 am

MIS signs SAR 450M credit facility deal with GIB

Al Moammar Information Systems Co. (MIS) renewed and amended a SAR 450 million Shariah-compliant credit facility agreement with Gulf International Bank (GIB) - Saudi Arabia. In a statement to Tadawul, the company said the financing was secured on Aug. 14, with the agreement signed on Aug. 19....

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Business & Money | Tuesday 19 August, 2025 3:50 pm

Cityscape Global Returns to Riyadh in November 2025

Cityscape Global, will return to the Exhibition and Convention Centre in Malham, Riyadh, from 17 - 20 November 2025. Held under the theme “The Future of Urban Living”, the event is sponsored by the Ministry of Municipalities and Housing (MOMAH) in partnership with the Real Estate General...

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Business & Money | Tuesday 19 August, 2025 11:54 am

Jahez secures SAR 150M facilities from NBB

Jahez International Company for Information System Technology obtained SAR 150 million worth of Shariah-compliant facilities from National Bank of Bahrain (NBB). The facilities were secured on Aug. 18, 2025, with a tenor of eight years, and will be used to fund capital...

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Business & Money | Tuesday 19 August, 2025 11:52 am

Tawuniya wins deal to provide health insurance services to NWC

The Company for Cooperative Insurance (Tawuniya) was awarded on Aug. 18 a contract with the National Water Co. (NWC) to provide cooperative health insurance services to the latter’s employees in accordance with the agreed terms and conditions, for a period of three years starting Aug. 25,...

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Business & Money | Tuesday 19 August, 2025 11:49 am

SAR to build new station in Al Zulfi

Saudi Arabia Railways (SAR) signed an agreement with the Cooperative for Logistics Services to build and operate a passenger station in Al Zulfi, Saudi Press Agency (SPA) reported. The deal adds a new passenger stop in Al Zulfi, making it the seventh station Al-Majmaah, Qassim on the North...

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