Business & Money | Thursday 12 June, 2025 4:11 pm

Anmat announces 3 contracts worth SAR 61.7M

Anmat Technology Trading Co. announced today, June 12, the signing of three separate contracts, totalling SAR 61.7 million. On May 29, Anmat signed a SAR 19.74 million contract (inclusive of VAT) with the National Center for Wildlife to establish licensing offices for wildlife trade at eight...

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Business & Money | Thursday 12 June, 2025 4:02 pm

SNB plans to issue USD-denominated debt instruments

Saudi National Bank (SNB) announced today, June 12, its intention to issue US dollar-denominated Tier 2 debt instruments under its Euro Medium Term Note (EMTN) program. The issuance will be through a special purpose vehicle and offered to qualified investors both inside and outside the...

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Business & Money | Thursday 12 June, 2025 3:59 pm

Saudia Launches Direct Flights Between Riyadh and Vienna, in Collaboration with the Air Connectivity Program

Saudia, the national flag carrier of Saudi Arabia, has inaugurated its first direct and scheduled flights from Riyadh to Vienna, the capital of Austria. This strategic route, launched in collaboration with the Air Connectivity Program (ACP), follows Saudia’s successful seasonal operations from...

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Business & Money | Thursday 12 June, 2025 3:57 pm

Azizi Developments’ Azizi Grand reaches 35% construction milestone

Azizi Developments, a leading private developer in the UAE, has announced that construction at Azizi Grand in Dubai Sports City is now 35% complete. The 431-unit project is on track for its handover in Q1 2026, with steady progress being made across all major areas. The building’s structure...

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Business & Money | Thursday 12 June, 2025 3:53 pm

Toyota kickstarts era of the electrified off-roader with launch of first-ever hybrid Land Cruiser in the Middle East

Toyota is proud to announce the launch of the new Land Cruiser HEV, the first hybrid electric model in the iconic Land Cruiser series. Setting a new benchmark for electrified off-road vehicles, the new Land Cruiser fuses seven decades of heritage with Toyota’s cutting-edge hybrid technology,...

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Business & Money | Thursday 12 June, 2025 3:47 pm

Deloitte Middle East advances AI integration with launch of Global Agentic Network

Deloitte has launched its Global Agentic Network, a strategic initiative designed to scale AI-driven digital workforce solutions for organizations around the world, with significant potential to transform business operations across the Middle East. As AI adoption accelerates in the region,...

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Business & Money | Thursday 12 June, 2025 3:44 pm

Makkah Commission Elevates Hajj Services with Major Infrastructure and Transport Upgrades

 The Royal Commission for Makkah City and Holy Sites significantly enhanced the pilgrim experience by implementing advanced infrastructure projects, particularly in the energy and transportation sectors.In a substantial investment exceeding SAR3 billion, the commission boosted electricity...

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Business & Money | Thursday 12 June, 2025 3:41 pm

Dubai Customs named Best Customs Authority in the Middle East 2025

In a milestone achievement that reflects its unwavering commitment to excellence, leadership, and innovation—while supporting the nation’s ambitious vision—Dubai Customs has been awarded the "Customs Authority of the Year 2025" at the Middle East level, as part of the Middle East Transport...

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Business & Money | Thursday 12 June, 2025 3:36 pm

Royal Development Holding partners with SAAS to develop a project of AED 1.6 billion with "Autograph Collection" by Marriott in the Emirate of Abu Dhabi

Visionary boutique real estate developer Royal Development Holding – a subsidiary of Emirates Stallions Group (ADX: ESG) – has partnered with UAE-based luxury property developer SAAS Properties to launch its inaugural project, an AED 1.6 billion branded residences development on Al Reem Island, ...

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Business & Money | Thursday 12 June, 2025 3:34 pm

Orascom Development Brings El Gouna’s Red Sea Lifestyle to the UAE with Fanadir Shores and North Bay Launches

Orascom Development, a global leader in creating vibrant, integrated destinations across Europe, the Middle East, and North Africa, shone a spotlight on El Gouna, its stunning coastal town on Egypt’s Red Sea, at a recent visit to the UAE. During the trip, El Gouna introduced its latest waterfront ...

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