Business & Money | Sunday 24 August, 2025 10:12 am

NWC distributes over 45.5 million m3 water during tourist season in Asir, Al Baha, and Al Taif.

The National Water Company (NWC) announced that it has achieved its operational targets in managing the water distribution system during the tourist season in Asir and Al Baha regions, and Al Taif governorate. NWC distributed more than 45.5 million cubic meters of water, reflecting its efficient...

More Details

Business & Money | Sunday 24 August, 2025 10:11 am

DMA launches Visitors’ License for Operating Pleasure Marine Vessels to Holders of Licenses Issued by Any IMO Member State

In a move aimed at enhancing the experience of Dubai’s visitors and facilitating their engagement in recreational marine activities, the Dubai Maritime Authority (DMA), part of the Ports, Customs and Free Zone Corporation (PCFC), has announced the introduction of a new service for issuing...

More Details

Business & Money | Sunday 24 August, 2025 10:04 am

Azizi Developments' Riviera Beachfront I reaches 70% construction milestone

Azizi Developments, a leading private developer in the UAE, has announced that Beachfront I in Riviera, its French Mediterranean-inspired waterfront community in MBR City, has now reached 70% completion.  Beachfront I’s structure is fully complete, with blockwork and internal plastering ...

More Details

Business & Money | Sunday 24 August, 2025 10:02 am

Global Water Expo, Saudi Arabia’s largest water sector event, returns to Riyadh from 2–4 September, now double in size to meet $533 million water sector demand

Global Water Expo, Saudi Arabia’s most influential water sector trade fair organized by dmg events, returns from 2 – 4 September 2025 at the Riyadh Front Exhibition and Conference Center, bringing together international and local solution providers across water, wastewater and environmental...

More Details

Business & Money | Saturday 23 August, 2025 7:40 pm

SADEX 2025 Set to Showcase the Future of Drone Technology in Riyadh

Riyadh will be hosting the second edition of the Saudi Drone Exhibition -SADEX 2025, the leading regional UAV gathering, from 1 to 3 September 2025 at the Riyadh Front for Exhibitions and Conferences. As drones with advanced solutions continue to expand across industries such as Smart /air...

More Details

Business & Money | Thursday 21 August, 2025 12:00 pm

SRC gets SAMA’s nod to launch residential mortgage-backed securities

The Saudi Central Bank (SAMA) granted Saudi Real Estate Refinance Co. (SRC) a no-objection clearance to launch residential mortgage-backed securities (RMBS) in the domestic market, the bank said in a statement. This program is designed to strengthen the sector's financing capacity by...

More Details

Business & Money | Thursday 21 August, 2025 12:00 pm

Sadr inks SAR 294.3M logistics service contract for Sadr Park

Sadr Logistics Co. signed today, Aug. 20, a warehousing services contract (PL2) with Starlinks for its Sadr Park project. The contract is worth SAR 249.34 million (excluding VAT), the company said in a Tadawul statement. The contract is for a period of 10 years, starting from September 2025....

More Details

Business & Money | Thursday 21 August, 2025 12:00 pm

Abdullah Al Rajhi: Employing the Children of Social Security Beneficiaries is Central to alrajhi bank’s CSR Commitment

Abdullah bin Sulaiman Al Rajhi, Chairman of alrajhi bank, affirmed that empowering social security beneficiaries is a core pillar of the bank’s corporate social responsibility strategy. He stressed the bank’s dedication to advancing Saudization at all levels, while providing high-quality...

More Details

Business & Money | Thursday 21 August, 2025 12:00 pm

Ministry of Economy & Tourism participates in 'Women’s Economic Dialogue' in China

The Ministry of Economy and Tourism took part in the ‘Women’s Economy Dialogue’ in Guangzhou, People’s Republic of China. This comes as part of the UAE’s celebrations of Emirati Women’s Day 2025, held under the theme ‘Hand in Hand, We Celebrate 50 Years,’ The event was...

More Details

Business & Money | Thursday 21 August, 2025 12:00 pm

TAQA secures AED8.5 billion term loan to advance growth strategy

Abu Dhabi National Energy Company (TAQA) today announced it has secured an AED8.5 billion corporate term loan facility. The transaction underscores TAQA’s commitment to maintaining a strong and flexible balance sheet while supporting its long-term growth strategy and capital planning. The...

More Details