Business & Money | Sunday 13 July, 2025 8:53 am

Cenomi Centers hires financial advisor to refinance $875M sukuk

Arabian Centres Co. (Cenomi Centers) appointed Rothschild & Co as financial advisor for the refinancing of $875 million (SAR 3.28 billion) in sukuk maturing on Oct. 7, 2026, with White & Case continuing as legal advisor. In an emailed statement to Argaam, Cenomi Centers said it will...

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Business & Money | Thursday 10 July, 2025 9:55 am

Alinma Bank completes $500M sukuk issue

Alinma Bank completed the issuance of US dollar-denominated sukuk worth $500 million, under its Trust Certificate Issuance Program. The sukuk issue is expected to be settled on July 15, the bank said in a statement on Tadawul.  Sukuk Issuance DetailsOffering TypeUS...

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Business & Money | Thursday 10 July, 2025 9:35 am

Energy Minister says Saudi Arabia consistently delivers on policy, results

The Kingdom has always remained consistent—not only in its messages, but also in implementing policies and delivering tangible results on the ground, Energy Minister Prince Abdulaziz bin Salman stated. Speaking at the 9th OPEC International Seminar in Vienna, the Saudi minister emphasized...

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Business & Money | Thursday 10 July, 2025 9:33 am

Dubai Courts' Leadership Council for Development and Creativity seeks to enhance institutional excellence and judicial services

The Leadership Council for Institutional Development and Creativity at Dubai Courts held its regular meeting, chaired by His Excellency Prof. Saif Ghanem Al Suwaidi, Director-General of Dubai Courts. In attendance were senior officials including Judge Judge Abdul Qader Mousa, President of the Court ...

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Business & Money | Thursday 10 July, 2025 9:26 am

“Dubai Customs hosts Sheikh Mansour bin Ibrahim Al-Mualla to discuss ways of cooperation and strengthening institutional and strategic partnership.”

As part of strengthening institutional partnerships and expanding strategic cooperation, Dubai Customs hosted a high-level delegation from the Ports, Customs and Free Zone Corporation – Umm Al Quwain, headed by Sheikh Mansour bin Ibrahim Al-Mualla, Executive Director of the Corporation. The...

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Business & Money | Thursday 10 July, 2025 8:41 am

Deloitte Middle East wins gold at Employee Happiness Awards 2025

Deloitte Middle East received two golden accolades at the Employee Happiness Awards (EHA) UAE 2025: HR Team of the Year and Best Recruitment Strategy. The awards ceremony, held at the Westin Mina Seyahi Hotel in Dubai, celebrated organizations that excel in fostering positive work environments and...

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Business & Money | Thursday 10 July, 2025 8:00 am

WSM inks SAR 500M contract with government entity

WSM for Information Technology Co. signed a framework agreement with a government entity to provide services and works based on purchase orders, according to a statement on Tadawul. The three-year contract, signed on July 7, is valued at SAR 500 million. WSM said the agreement is...

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Business & Money | Thursday 10 July, 2025 8:00 am

IMF lauds labor market reforms in Saudi Arabia

The International Monetary Fund (IMF) praised the reforms witnessed by Saudi Arabia’s labor market, saying that they have begun to yield tangible results, including a decline in unemployment rates, a rise in women’s participation in the labor market, and increased employment in the private...

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Business & Money | Thursday 10 July, 2025 8:00 am

Major Industry’s Shift: Infrastructure is Critical for the AI era as KSA Advances Vision 2030

Ahead of its flagship event in Riyadh “Cisco Connect – CXO Edition”, Cisco has revealed key local findings from its global networking study, highlighting how AI and modernized networks are driving fundamental changes in enterprise infrastructure. As AI assistants, agents, and data-driven...

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Business & Money | Thursday 10 July, 2025 8:00 am

Azizi Developments Accelerates Direct Procurement Efforts, Onboards 131+ Framework Suppliers

Azizi Developments, a leading private developer in the UAE, has significantly expanded its direct procurement efforts by having signed more than 131 framework agreements in 2025, marking a major stride toward further increased quality, enhanced cost efficiency, faster project execution, and greater ...

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