Business & Money | Thursday 20 November, 2025 3:40 pm

AD Ports Group acquires SEIC’s equity stake in Alexandria Container & Cargo Handling Company

AD Ports Group today acquired Saudi Egyptian Investment Company’s (SEIC), a PIF company, 19.328% equity stake in Alexandria Container & Cargo Handling Company (ALCN), one of the largest container terminal operators in Egypt, in a deal valued at approximately EGP13.2 billion. The...

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Business & Money | Thursday 20 November, 2025 3:35 pm

MOHAMMED BIN RASHID AEROSPACE HUB AND ‘Al BURJ HOLDING’ SIGN STRATEGIC AGREEMENT TO FACILITATE ACCESS TO DUBAI GOVERNMENT AND AVIATION SERVICES FOR GLOBAL INVESTORS

The Mohammed bin Rashid Aerospace Hub (MBRAH) at Dubai South has signed a strategic agreement with Al Burj Holding, the operator of Dubai Hub in London, which is a specialised centre providing advisory and executive services that serves as an integrated platform dedicated to facilitating services...

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Business & Money | Thursday 20 November, 2025 3:32 pm

Arada to acquire majority stake in £2.5bn Thameside West development, unlocking one of London’s largest and most connected new waterfront neighbourhoods

Arada, the UAE’s fastest-growing master developer, announces that it has agreed the acquisition of an 80% stake in Thameside West, a landmark waterfront mixed-use development located at the western end of London’s Royal Docks.  Master-planned by Foster + Partners, the vibrant new...

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Business & Money | Thursday 20 November, 2025 3:27 pm

The total value of land transactions in Dubai surged 403.6% driven by a forward-looking strategy and integrated urban planning: JLL

Dubai’s compelling real estate growth story, marked by significant appreciation in the volume and value of land sales, has reshaped the Emirate's urban landscape, establishing it as a global benchmark for investment performance, according to JLL’s latest report, ‘Beyond the Skyline: Dubai’s ...

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Business & Money | Thursday 20 November, 2025 3:25 pm

UN Resident Coordinator: UAE plays key role in strengthening multilateralism

Bérangère Boëll-Yousfi, the United Nations Resident Coordinator in the United Arab Emirates, stated that the UAE is playing a signifainct role in supporting international multilateralism through effective diplomacy, gender equality and good governance. She stressed that the UAE plays a...

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Business & Money | Thursday 20 November, 2025 3:19 pm

Nasdaq Dubai welcomes US$500 million Sukuk listing by Islamic Corporation for Development of Private Sector

Nasdaq Dubai has welcomed the listing of US$500 million Trust Certificates (Sukuk) issued by ICDPS Sukuk Limited, guaranteed by The Islamic Corporation for the Development of the Private Sector (ICD), a multilateral financial institution and member of the Islamic Development Bank (IsDB)...

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Business & Money | Thursday 20 November, 2025 12:00 pm

Aramco CEO: $30B in energy MoUs to be sealed with US today

Amin Nasser, CEO of Saudi Arabian Oil Co. (Saudi Aramco), identified liquefied natural gas (LNG) as the Saudi oil giant’s key target for expansion in the US. He confirmed that $30 billion (SAR 112.5 billion) worth of energy-focused memoranda of understanding (MoUs) are slated for signing...

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Business & Money | Thursday 20 November, 2025 12:00 pm

SAB Invest Seals Over SAR 4 Billion Real Estate Deals in Riyadh

SAB Invest signed agreements to launch three real estate funds with a combined asset value of SAR 4.8 billion. The funds will invest in iconic projects such as Capital Gate, the towers development on King Fahd Road, and a mixed-use development, on the sidelines of its participation in Cityscape...

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Business & Money | Thursday 20 November, 2025 11:00 am

Seera decides to sell Kayanat project, expects SAR 590M in exit proceeds

Seera Group Holding announced the approval of the sale of the Kayanat Central business park by the board of directors of Kayanat Fund — a private real estate fund managed by Alistithmar Capital and created to develop the project, in which Seera is an investor. The sale is set to proceed once ...

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Business & Money | Thursday 20 November, 2025 9:04 am

Valetax Stands Out as Multi-Award Winner at Jeddah Fintech Week 2025

Valetax marked a major milestone with a powerful presence at Jeddah Fintech Week 2025, held on 16 and 17 November at the Jeddah Hilton Hotel. As the Official Sponsor, the company delivered an impactful showcase that strengthened its relationships with traders, partners, and fintech professionals...

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