Business & Money | Sunday 12 October, 2025 11:06 am

SAS Opens Regional Headquarters in Riyadh

SAS, the global leader in data and AI, today announced the opening of its new Middle East and North Africa Regional Headquarters in Riyadh, Saudi Arabia. The announcement was made today at SAS Innovate on Tour in Riyadh, the company’s flagship regional event attended by senior government leaders, ...

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Business & Money | Sunday 12 October, 2025 11:04 am

Middle East's growing influence in global meetings reinforced with the return of IBTM @ ATM at ATM 2026

Building on the success of its inaugural edition, IBTM @ ATM will return to Arabian Travel Market (ATM) in 2026, which takes place at the Dubai World Trade Centre from 4–7 May, with a dedicated business events hub in Hall 3. This expanded space emphasises the show's strategic focus on the global...

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Business & Money | Sunday 12 October, 2025 9:48 am

CIPS Q3 2025 Pulse Survey reveals declining supply chain anxiety but rising cybersecurity and nearshoring concerns

The latest CIPS Pulse Survey (Q3 2025) reveals that while global supply chain anxiety has eased slightly from record highs earlier this year, procurement leaders remain alert to mounting risks, including tariffs, geopolitical instability, and a sharp rise in cybersecurity threats. The...

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Business & Money | Sunday 12 October, 2025 9:33 am

RAKEZ to engage with tech entrepreneurs exploring UAE expansion at GITEX Global 2025

Ras Al Khaimah Economic Zone (RAKEZ) is gearing up for a high-impact presence at GITEX Global 2025, taking place from 13 to 17 October at Dubai World Trade Centre (DWTC), where it will connect with entrepreneurs and tech-driven companies looking to establish or grow their presence in the UAE. The...

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Business & Money | Sunday 12 October, 2025 9:30 am

Dubai real estate surge points to long-term stability, investor gains

The Dubai real estate sector’s spectacular upward trajectory over the last five years is highlighted by a new market report today which points towards long-term stability and sustainable growth for investors.Over the first nine months of 2025 compared with the same period in 2021, real estate...

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Business & Money | Saturday 11 October, 2025 8:00 am

Saudi scientist Omar Yaghi wins 2025 Nobel Prize in Chemistry

The Royal Swedish Academy of Sciences announced today, Oct. 8, that scientists Susumu Kitagawa, Richard Robson, and Saudi researcher Omar Yaghi have been awarded the 2025 Nobel Prize in Chemistry for their pioneering contributions to the development of metal-organic frameworks...

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Business & Money | Saturday 11 October, 2025 8:00 am

Cenomi Centers releases prospectus for SAR 4.5B sukuk issue

Arabian Centres Co. (Cenomi Centers) issued today, Oct. 9, the prospectus for the issuance of sukuk worth SAR 4.5 billion. The company said, in a Tadawul statement, that under its sukuk program, it may issue sukuk from time to time, while complying with all applicable laws and...

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Business & Money | Saturday 11 October, 2025 8:00 am

RCRC lifts suspension on 33.2 km² lands in west Riyadh

The Royal Commission for Riyadh City (RCRC) announced lifting suspension on lands located in west Riyadh, covering a total area of 33.24 square kilometers (km²). The decision allows land and property owners to proceed with sales, purchases, planning, subdivision, and construction permitting,...

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Business & Money | Saturday 11 October, 2025 8:00 am

Spain’s ALSA wins SAR 2.2B contract for Qiddiya bus operation

Mobico Group Plc announced that its Spanish subsidiary ALSA, as part of a joint venture, won an eight-year contract in Qiddiya, at a total value of €500 million (SAR 2.2 billion). The contract, which will be implemented in partnership with a local company, includes the operation of 156...

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Business & Money | Saturday 11 October, 2025 8:00 am

Red Sea subsidiary inks SAR 375M credit facilities with FAB

Red Sea International Co.’s subsidiary, Fundamental Installation for Electric Work Co. Ltd. (First Fix), signed a one-year agreement with First Abu Dhabi Bank (FAB) for financial facilities with a standby limit of SAR 375 million. The company said in a statement to Tadawul that the...

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