Business & Money | Thursday 4 December, 2025 1:21 pm

Saudi Arabia targets 36,000 factories by 2035: Deputy Industry Minister

Deputy Minister of Industry and Mineral Resources for Industrial Affairs Khalil bin Salamah stated that Saudi Arabia’s primary target for the industrial sector by 2035 is to reach 36,000 factories with a local output expected to reach SAR 1.4 trillion, double the sector’s cumulative growth over ...

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Business & Money | Thursday 4 December, 2025 1:11 pm

Experts at Light + Intelligent Building Middle East 2026 to examine how lighting transforms commercial, workplace and education spaces

Light + Intelligent Building Middle East, the region’s leading event for the lighting and building technology sector, will return to Dubai World Trade Centre from 12-14 January 2026, bringing together global and regional experts to discuss the future of lighting design, technology and intelligent ...

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Business & Money | Thursday 4 December, 2025 12:57 pm

IBM and stc group partner to Advance Quantum-Safe Solutions for Saudi Telecom Sector

IBM and stc group announced today an expanded collaboration to prepare Saudi Arabia’s telecommunications sector for the emerging post-quantum era. Under this collaboration, stc group leveraged IBM’s quantum-safe cybersecurity solutions to analyze and fortify the group’s current data...

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Business & Money | Thursday 4 December, 2025 12:31 pm

Ramco Systems Celebrates 20 Years in the Middle East, Unveils Vision for the Future at Milestone Event

Ramco Systems, a global enterprise software company offering next-generation SaaS-enabled platforms and products, celebrated two decades of powering enterprise transformation in the Middle East. To mark this milestone, Ramco hosted Ramco@20 – Experience That Matters, a full-day event in Dubai...

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Business & Money | Thursday 4 December, 2025 12:23 pm

Nigus International and AXISCADES Strengthen Alliance to Build Nigeria’s First World-Class Aviation MRO and Training Hub

Abuja, Nigeria / Bengaluru, India — Nigus International and AXISCADES Technologies Limited have reinforced their strategic partnership to establish a world-class Maintenance, Repair and Overhaul (MRO) facility that will boost Nigeria’s commercial aviation efficiency, strengthen defence...

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Business & Money | Thursday 4 December, 2025 9:15 am

Equipment House wins SAR 100M project from Health Ministry

Scientific and Medical Equipment House Co. (Equipment House) was awarded, on Dec. 3, a project valued at SAR 100 million, including VAT, by the Ministry of Health, the company said in a statement to Tadawul. The project entails renovating and developing the infrastructure of King Fahd...

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Business & Money | Wednesday 3 December, 2025 8:36 pm

Black Hat MEA Surges Through Day Two as the World’s Largest Capture the Flag Competition Takes Centre Stage

Black Hat MEA lit up Riyadh again for day two, pulling the global cybersecurity community deeper into the core questions shaping 2026. Thousands of specialists, founders, CISOs and researchers were in attendance to discuss the next trends in cybersecurity. Across the Executive Summit, Briefings and ...

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Business & Money | Wednesday 3 December, 2025 2:55 pm

AMMROC signs three strategic MoUs with Arab Organisation for Industrialisation in Egypt at EDEX 2025

The Advanced Military Maintenance, Repair and Overhaul Centre (AMMROC) has signed three strategic Memoranda of Understanding (MoUs) with the Arab Organisation for Industrialisation (AOI), represented by its leading industrial facilities in Egypt. The agreements aim to strengthen cooperation in ...

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Business & Money | Wednesday 3 December, 2025 2:53 pm

DAE signs long-term lease agreements with AJet for 10 Boeing 737-8 Aircraft

Dubai Aerospace Enterprise (DAE) Ltd today announced that it has signed long-term lease agreements with AJet and Turkish Airlines for 10 new Boeing 737-8 aircraft. The aircraft are scheduled to deliver in 2026 and 2027. Commenting on the agreement, Firoz Tarapore, Chief Executive Officer of...

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Business & Money | Wednesday 3 December, 2025 2:51 pm

Masdar City Free Zone opens 1st representative office in China

Masdar City Free Zone (MCFZ) has expanded its international footprint with the opening of its first representative office in China, a bold step that reinforces Abu Dhabi’s position as a global hub for innovation and sustainable economic growth. In collaboration with the Abu Dhabi Investment...

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