Business & Money | Wednesday 19 November, 2025 5:25 pm

Partnership Between Madinet Masr and Waheej Real Estate Launches “Citydom” and Explores Land Acquisition in Al-Janadriyah

Madinet Masr (EGX Code: MASR.CA) – one of Egypt’s leading real estate developers – and Waheej Real Estate – one of the fastest-growing Saudi real estate developers – announced the official launch of Citydom, the jointly owned real estate entity established between both parties. This...

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Business & Money | Wednesday 19 November, 2025 4:20 pm

Saudi Arabia's Global Airports Forum (GAF) Receives 200 Nominations from 23 Countries for Airport Excellence Awards

The Global Airports Forum (GAF), taking place in Riyadh on December 16 and 17, has received an impressive 200 nominations from 23 countries for the 3rd Airport Excellence Awards. Organized by Niche Ideas and held under the main sponsorship of Matarat Holding, GAF recognizes outstanding innovation,...

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Business & Money | Wednesday 19 November, 2025 2:30 pm

HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan honours RAKEZ with the Emirates Labour Market Award for excellence in Small to Medium Labour Accommodation

HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs, honoured Ras Al Khaimah Economic Zone (RAKEZ) for winning first place in the “Small to Medium Labour Accommodations” subcategory at the third edition of the...

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Business & Money | Wednesday 19 November, 2025 2:19 pm

Cognita Middle East and ROSHN Group Sign Landmark MoU to Establish World-Class Educational Facilities in Saudi Arabia

Cognita Middle East, the regional hub of the global schools group, has signed a Memorandum of Understanding (MoU) with ROSHN Group, the Kingdom of Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, to develop world-class educational...

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Business & Money | Wednesday 19 November, 2025 2:17 pm

Dubai Ports Authority Launches the First Smart System for Automated Approvals and Permit Issuance Using AI

The Dubai Ports Authority, part of the Ports, Customs, and Free Zone Corporation (PCFC), has announced the launch of the first smart system that utilizes Artificial Intelligence (AI) and Robotic Process Automation (RPA) to issue operational approvals and safe work permits...

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Business & Money | Wednesday 19 November, 2025 2:15 pm

Ghanem Raises USD 7.1 Million from Al-Romaih Group to Develop Fractional Ownership Solutions in the Saudi Real Estate Market

Ghanem, the digital real estate platform specializing in fractional ownership solutions, announced the closure of a funding round worth USD 7.1 million from Al-Romaih Group, one of the Kingdom’s leading investment groups with extensive experience in the real estate and financial...

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Business & Money | Wednesday 19 November, 2025 2:11 pm

GE Aerospace Expands Operations in Dubai South with New $50M Facility

 Today on the first day of the Dubai Airshow, GE Aerospace (NYSE:GE) announced plans for the build of a new, state-of-the-art On Wing Support (OWS) facility at the Mohammed Bin Rashid Aerospace Hub in Dubai South. This strategic investment underscores GE Aerospace’s commitment to supporting...

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Business & Money | Wednesday 19 November, 2025 10:00 am

The Helicopter Company and Riyadh Air Sign Strategic MoU to Advance Seamless Premium Air Mobility Across Saudi Arabia

The Helicopter Company (THC), a PIF company and the Kingdom's premier commercial helicopter operator, has signed a strategic Memorandum of Understanding (MoU) with Riyadh Air, the new national carrier of the Kingdom of Saudi Arabia and also a PIF entity, at Dubai Airshow.  This landmark...

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Business & Money | Wednesday 19 November, 2025 9:00 am

National Water Company Completes Phase II of Water Networks in Al-Rin Governorate at a Cost Exceeding SAR16 Million

As part of its ongoing efforts to enhance the water services system, the National Water Company (NWC) announced the completion of Phase II of the water networks project in Al-Rin governorate in the Riyadh region. The project aims to support the infrastructure of both water and environmental...

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Business & Money | Wednesday 19 November, 2025 9:00 am

Riyadh Air selects CFM LEAP engines for launch of new A321neo fleet

Riyadh Air today announced a firm order for 120 CFM International LEAP-1A engines to power 60 Airbus A321neo family aircraft ordered last year. A signing ceremony took place at the Dubai Airshow today between Adam Boukadida, CFO of Riyadh Air and Stéphane Cueille, CEO of Safran Aircraft Engines,...

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