Business & Money | Tuesday 1 July, 2025 4:29 pm

SCA advances digital transformation with 'Robo-Advisor' service regulation

The Securities and Commodities Authority (SCA) has approved the regulation of the Robo-Advisor service as part of its transformational projects, marking a strategic step toward establishing a secure digital investment environment in the UAE. This regulatory framework reflects the SCA’s...

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Business & Money | Tuesday 1 July, 2025 4:27 pm

Dubai Holding enters strategic agreement with Select Group to develop landmark projects at Palm Jebel Ali, Dubai Design District

Dubai Holding and Select Group, a leading multi-discipline real estate development and investment group along with its long-standing JV partner Emirates Strategic Investments Company LLC (ESIC), have entered a strategic agreement to develop landmark projects at two of the most iconic locations in...

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Business & Money | Tuesday 1 July, 2025 4:24 pm

EDGE, ST Engineering Land MRO & Services sign MoU to explore business opportunities in UAE

AL TAIF, the leading provider of maintenance, repair and overhaul (MRO) services and an entity of EDGE, one of the world’s leading advanced technology and defence groups, has signed a Memorandum of Understanding (MOU) with ST Engineering Land MRO & Services, a Singapore-based global...

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Business & Money | Tuesday 1 July, 2025 4:19 pm

Aldar acquires integrated logistics assets in ALMARKAZ from WAHA CAPITAL for AED530 million

Aldar has acquired high-quality warehousing and light industrial real estate assets in the Al Dhafra region of Abu Dhabi from Waha for AED530 million. The assets, which are located at ALMARKAZ Industrial Park - a flagship Industrial and Business Park Development - add 182,500 sqm of net...

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Business & Money | Tuesday 1 July, 2025 4:15 pm

SRMG’s Taoq inks marketing services contract for SAR 240M

Saudi Research and Media Group’s (SRMG) subsidiary, Taoq Public Relations Co., signed on June 30 a contract with a commercial company active in publicity, advertising, and public relations to provide content services for visual platforms. The contract is valued at for SAR 240...

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Business & Money | Tuesday 1 July, 2025 4:12 pm

MIS secures SAR 88.6M order from SDAIA

Al Moammar Information Systems Co. (MIS) received a purchase order worth SAR 88.62 million, including VAT, from the Saudi Data and AI Authority (SDAIA), the company said in a statement to Tadawul today, July 1. The one-year contract covers the provision of IT services and products, with the...

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Business & Money | Tuesday 1 July, 2025 4:05 pm

Umm Al Qura for Development and Construction signs tripartite MoU with Naif Al-Rajhi Investment, Aljazira Capital for development projects in Masar

Umm Al Qura for Development and Construction Company, the owner, developer, and operator of Masar destination, has signed a strategic, tripartite Memorandum of Understanding (MoU) with Naif Alrajhi Investment and Aljazira Capital. The memorandum aims to launch a real estate private fund with an...

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Business & Money | Tuesday 1 July, 2025 1:57 pm

Greek Golden Visa vs Other Residency Options: Why It’s Gaining Ground Among Saudi Investors

Greek Golden Visa vs Other Residency Options: Why It’s Gaining Ground Among Saudi Investors Residency by investment has become a reliable Plan B for Saudi nationals seeking safety, global mobility, and asset diversification. Among various options, the Greece Golden Visa stands out for its...

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Business & Money | Monday 30 June, 2025 1:03 pm

NWC embarks on implementing 23 projects in Madinah at SR 814+ million

The National Water Company (NWC)'s Northwest Cluster announced the start of 23 water and environmental projects in various locations in Madinah at more than 814 million Saudi Riyals. The projects aim to increase service coverage, raise operational efficiency, and improve customer service. The...

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Business & Money | Monday 30 June, 2025 12:59 pm

PALMA DEVELOPMENT COMMENCES ENABLING WORKS FOR WEST RESIDENCE AT SERENIA DISTRICT IN JUMEIRAH ISLANDS

 Palma Development, one of the pioneering developers in the UAE real estate industry, has announced the appointment of APCC Piling & Marine Contracting to commence shoring and piling works at West Residence, the first residential tower within Serenia District, ...

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