Business & Money | Saturday 20 September, 2025 4:31 am

Dar Al Arkan holds 2.83M sqm of taxable idle land

Dar Al Arkan Real Estate Development Co. disclosed that 2.83 million square meters (sqm) of its land portfolio falls under the scope of the newly-introduced idle land fee system, based on a preliminary assessment of properties within the designated geographical zones. In a Tadawul statement...

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Business & Money | Saturday 20 September, 2025 4:31 am

Axelerated Solutions inks 2 governmental contracts worth SAR 66.3M

Axelerated Solutions for Information and Communication Technology Co. announced today, Sept. 18, the signing of a contract with the Saudi Data and AI Authority (SDAIA) at a value of SAR 42.67 million (including VAT) for the project of network device and video communication unit...

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Business & Money | Saturday 20 September, 2025 4:27 am

SEC signs MoU with India’s NTPC to establish power plant services company

Saudi Electricity Co. (SEC) signed today, Sept. 18, a strategic memorandum of understanding (MoU) with India’s NTPC at the Ministry of Energy headquarters in Riyadh.  The move aims to expand cooperation and exchange technical expertise between the two companies in the power...

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Business & Money | Saturday 20 September, 2025 4:20 am

Industry Ministry allocates 6 sites for mining activities

Ministry of Industry and Mineral Resources has allocated six sites to establish mining clusters in various regions across Riyadh, Aseer, and Eastern Province. The move aims to develop the Kingdom’s mining investment environment and enhance its transparency and appeal to investors, according...

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Business & Money | Friday 19 September, 2025 7:21 pm

Global Airports Forum 2025 Opens Registration, Backed by Prestigious Sponsors and International Recognition

The stage is set for the aviation industry’s most anticipated gathering as Global Airports Forum 2025 officially opens registration. Taking place at the Riyadh International Convention and Exhibition Center(RICEC), the event returns with greater momentum and has already captured international...

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Business & Money | Thursday 18 September, 2025 1:57 pm

40 entities join second UAE-Japan Joint Business Council Meeting in Tokyo

More than 40 Emirati and Japanese companies took part in the second UAE-Japan Joint Business Council Meeting in Tokyo, seeking to expand cooperation across manufacturing, renewable energy, real estate, healthcare, trade, IT and agriculture. The meeting, organised by the Federation of UAE...

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Business & Money | Thursday 18 September, 2025 1:55 pm

Amazon opens 1st fulfilment centre in Abu Dhabi

Amazon has launched its first fulfilment centre in Abu Dhabi, in partnership with the Abu Dhabi Investment Office (ADIO). The new facility is designed to advance logistics and fulfilment capabilities, accelerate delivery speeds and broaden product selection for customers. It also supports Abu...

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Business & Money | Thursday 18 September, 2025 1:43 pm

ADX, Hong Kong Exchanges and Clearing Limited enhance collaboration

The Abu Dhabi Securities Exchange (ADX) today signed a Memorandum of Understanding with Hong Kong Exchanges and Clearing Limited (HKEX) to deepen the cooperation and shared ambition between the UAE and Hong Kong capital markets. The MoU builds on the relationship between the two exchanges...

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Business & Money | Thursday 18 September, 2025 1:40 pm

Abu Dhabi Chamber signs strategic cooperation agreement with Ghorfa Arab-German Chamber of Commerce and Industry

The Abu Dhabi Chamber of Commerce and Industry has signed a landmark cooperation agreement with the Ghorfa Arab-German Chamber of Commerce and Industry, during its official delegation’s visit to Berlin. The agreement sets the stage for stronger economic and investment collaboration between...

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Business & Money | Thursday 18 September, 2025 1:38 pm

Dubai joins forces with Plug and Play to launch accelerator connecting startups with corporate innovation

The Dubai Department of Economy and Tourism (DET) and the Dubai Chamber of Digital Economy have partnered with global innovation leader Plug and Play to launch a flagship three-month accelerator programme. Now open for applications, the programme is designed for ambitious post-revenue startups ...

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