Business & Money | Monday 14 July, 2025 9:59 am

Sharjah Chamber wraps up trade mission to India

The Sharjah Chamber of Commerce and Industry (SCCI), represented by the Sharjah Exports Development Centre (SEDC), concluded its trade mission to India, with a series of business meetings and discussions involving key officials from economic entities in Ahmedabad, Gujarat. These meetings took...

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Business & Money | Monday 14 July, 2025 9:57 am

UAE strengthens industrial property ties with Spain, Morocco

The Ministry of Economy and Tourism has signed two Memoranda of Understanding with the Spanish Patent and Trademark Office and the Moroccan Industrial and Commercial Property Office, aimed at strengthening cooperation in the development of intellectual property (IP) in the UAE in line with...

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Business & Money | Monday 14 July, 2025 9:54 am

DP World to develop Syria’s Tartus Port under landmark 30-year deal

DP World has signed a 30-year concession agreement with Syria’s General Authority for Land and Sea Ports to develop and operate the Port of Tartus. As part of the agreement, DP World will invest $800 million over the duration of the concession to upgrade the port’s infrastructure and...

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Business & Money | Monday 14 July, 2025 9:33 am

GULFNAV Successfully Completes Mandatory Convertible Bond Offering Over AED 500 million Raised to Support Strategic Acquisition

Gulf Navigation Holding PJSC (“GULFNAV”), a leading maritime and shipping company listed on the Dubai Financial Market, announced the successful completion of its AED 500 million Mandatory Convertible Bond (MCB) offering, with total subscriptions exceeding AED 520 million from eligible...

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Business & Money | Monday 14 July, 2025 9:31 am

NWC starts 15 water and sanitation projects in Al Baha worth over SR 591 million

The National Water Company (NWC) announced that it has started implementing 15 water and sanitation projects in the Al Baha region in the Southern Cluster, including pipelines and networks of more than 534 kilometers at a cost of over 591 million Saudi Riyals. These projects are part of NWC's...

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Business & Money | Monday 14 July, 2025 9:29 am

ROSHN Group Joins Recycle Your Device Initiative to Promote a Circular Economy

ROSHN Group, Saudi Arabia’s leading multi-asset real estate developer and a Public Investment Fund (PIF) company, is partnering with the Communications, Space & Technology Commission (CST) for the nationwide CSR initiative, Recycle Your Device. This impactful campaign, which will run until...

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Business & Money | Monday 14 July, 2025 9:27 am

ROSHN Group Joins LIV Golf as Pillar Partner, Launching the ‘Rising Stars’ Talent Development Program

ROSHN Group, Saudi Arabia’s leading multi-asset real estate developer and a Public Investment Fund (PIF) company, joins LIV Golf as Global Pillar Partner for 19 international tour stops during the 2025 and 2026 seasons. As the two entities work together to modernize golf and accelerate the...

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Business & Money | Monday 14 July, 2025 9:15 am

Novo Nordisk partners with Saudi Heart Association to improve cardiovascular health in Saudi Arabia

Novo Nordisk, a leading global healthcare company, is excited to announce a new Memorandum of Understanding with the Saudi Heart Association (SHA), aimed at improving cardiovascular care throughout Saudi Arabia. This strategic partnership will engage clinicians in a series of educational and...

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Business & Money | Monday 14 July, 2025 8:38 am

PIF’s THC inks SAR 600M Islamic facility deal with ANB

The Helicopter Co. (THC), a wholly-owned subsidiary of the Public Investment Fund (PIF) and the largest commercial helicopter operator in Saudi Arabia, signed a SAR 600 million Islamic credit facility agreement with Arab National Bank (ANB). The financing represents a major boost to the...

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Business & Money | Sunday 13 July, 2025 9:28 am

Fitch affirms Tawuniya ‘A’ credit rating with positive outlook

Fitch Ratings affirmed The Company for Cooperative Insurance's (Tawuniya) Insurer Financial Strength (IFS) rating at 'A'. The Outlook is Positive.  In a statement to Tadawul, the insurer said that this rating is an important indicator reflecting the company’s strong financial position...

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