Business & Money | Tuesday 9 December, 2025 1:08 pm

NHC CEO warns of rising land prices

The CEO of National Housing Co. (NHC) Mohammad Albuty said that balanced prices encourage developers to offer higher-quality products. However, rising land prices in Saudi Arabia are hurting everyone, including developers and buyers, he added. Speaking to Fi Al-Soura TV program, Albuty...

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Business & Money | Tuesday 9 December, 2025 1:03 pm

Saudi Arabia, Qatar ink deal to build high-speed electric rail link

Saudi Crown Prince Mohammed bin Salman and Qatar’s Emir Sheikh Tamim bin Hamad Al Thani signed an agreement to implement a high-speed electric passenger railway between Saudi Arabia and Qatar. The rail line will span 785 kilometers (km), linking Riyadh and Doha and passing through key...

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Business & Money | Tuesday 9 December, 2025 12:57 pm

Diriyah, Apple sign lease deal to open retail store in Diriyah Square

Diriyah Co. signed a lease agreement with Apple to open its flagship store in the heart of Diriyah Square, marking a major milestone in the development of the premier retail district, SPA reported. This announcement follows Apple’s recent confirmation that it will introduce the first of...

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Business & Money | Monday 8 December, 2025 6:26 pm

Where global talent meets global impact - Alliance Top Award 2025

As guests took their seats inside the venue in Dubai’s cultural district, a world map slowly illuminated on the ceremony’s main screen - first Asia, then Europe, then the Americas, Africa, and Oceania. Each glowing point marked a country whose talent entered this year’s Alliance Top Award....

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Business & Money | Monday 8 December, 2025 2:21 pm

Azizi Developments' Beachfront I in Riviera reaches 94% construction milestone

Azizi Developments, a leading private developer in the UAE, has announced that Beachfront I in Azizi Riviera, its French Mediterranean-inspired waterfront community in Meydan, MBR City, has now reached 94% completion, marking steady progress towards its scheduled completion by the end of the...

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Business & Money | Monday 8 December, 2025 2:11 pm

Automechanika Dubai 2025 opens tomorrow with record participation

The global automotive aftermarket community will converge in Dubai tomorrow for Automechanika Dubai 2025, the largest and most internationally diverse edition in the event’s 22-year history.  Taking place from 9-11 December at Dubai World Trade Centre, the exhibition is set to bring...

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Business & Money | Monday 8 December, 2025 2:06 pm

Modon launches Bashayer: Hudayriyat Island’s first ultra-premium waterfront community

Modon has unveiled Bashayer, the first waterfront community on Hudayriyat Island, with views of Al Bateen and Abu Dhabi’s skyline. The neighbourhood offers ultra-premium four- and five-bedroom villas and one- to three-bedroom apartments, including four-bedroom penthouses, for relaxed yet vibrant...

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Business & Money | Monday 8 December, 2025 1:40 pm

“Deal Day”: A Billion-Riyal Investment Platform at IDWSC

“Deal Day” continues to strengthen its position as a flagship economic platform within the Innovation Driven Water Sustainability Conference (IDWSC), transforming innovation into real market value exceeding SAR 1 billion by connecting startups with investors and decision-makers from inside and...

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Business & Money | Monday 8 December, 2025 1:20 pm

Thai–Saudi Trade Relations Advance as Thailand International Mega Fair 2025 Opens in Riyadh

The Thailand International Mega Fair 2025 – Riyadh (3rd Edition) commenced with senior dignitaries from Thailand and Saudi Arabia reaffirming their commitment to strengthening bilateral economic cooperation. The opening ceremony underscored the expanding commercial relationship between the two...

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Business & Money | Monday 8 December, 2025 1:20 pm

GCAA: Establishment of GCC Civil Aviation Authority consolidates Gulf integration

The General Civil Aviation Authority (GCAA) of the United Arab Emirates affirmed the importance of the decision adopted by the Supreme Council of the Gulf Cooperation Council (GCC) to establish the GCC Civil Aviation Authority and designate the UAE as its headquarters. The authority noted that ...

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