Business & Money | Thursday 15 May, 2025 8:00 am

Social Development Bank Signs four agreements in Al Qassim, In the Presence of the Minster of Human Resources and Social Development.

His Excellency Eng. Ahmed Al-Rajhi, the Minister of Human Resources and Social Development and Chairman of the Board of Directors of the Social Development Bank, sponsored the signing of multiple development agreements during his visit to the Qassim region. He was accompanied by the Bank's CEO,...

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Business & Money | Thursday 15 May, 2025 8:00 am

Under the patronage of: The Ministry of Defense, K.S.A, and General Directorate for Health services, Ministry of Defense The International Pediatric Science conference takes off today in Riyadh

Under the patronage of:  The Ministry of Defense, K.S.A, and General Directorate for Health services, Ministry of Defense, the International Pediatric Science conference takes off today in Riyadh, the leading event taking place from the 13th to the 15th of May, 2025 in Riyadh, in collaboration ...

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Business & Money | Thursday 15 May, 2025 8:00 am

NWC announces its readiness to receive visitors to Madinah by distributing 615,000 m3 per day

The National Water Company (NWC) announced its readiness to serve visitors to the Prophet's Mosque in Madinah, as part of its operational plan for the first Hajj season this year 1446H, where it plans to distribute 615,000 cubic meters of water per day. The company confirmed the readiness of...

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Business & Money | Thursday 15 May, 2025 8:00 am

Athar Festival Launches Maheerah Network to Drive Year-Round Empowerment for Women in Saudi Arabia’s Marcomms Industry

Athar – Saudi Festival of Creativity, the largest gathering for the creative marketing industry in Saudi Arabia, has officially announced the launch of the Maheerah Network today at the Crowne Plaza Riyadh RDC Hotel & Convention. The initiative, powered by Publicis Groupe, is set to become a...

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Business & Money | Thursday 15 May, 2025 8:00 am

Hilton Set to Hit 100 Hotel Milestone in Saudi Arabia

Hilton (NYSE: HLT) today announces it is set to hit the milestone of 100 hotels trading and in the pipeline in Saudi Arabia this year – reaffirming its long-term commitment to growth across the Kingdom. The global hospitality company continues to introduce more of its award-winning brands to the...

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Business & Money | Wednesday 14 May, 2025 2:09 pm

Ministry of Finance organises AI Retreat to launch new plan, enhance future readiness

The Ministry of Finance (MoF) has organised a retreat on Artificial Intelligence (AI), bringing together senior ministry leaders, subject matter experts, and representatives from strategic partners to review the results of the AI maturity assessment and launch the ministry's new AI plan. The...

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Business & Money | Wednesday 14 May, 2025 2:07 pm

Maktoum bin Mohammed meets with Minister of Finance of Luxembourg

H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, today met with Gilles Roth, Minister of Finance of Luxembourg. The meeting took place at the offices of the Investment Corporation of Dubai (ICD) in One...

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Business & Money | Wednesday 14 May, 2025 2:05 pm

SRERD, 'Emirates Islamic’ activate electronic mortgage services

The Sharjah Real Estate Registration Department (SRERD) signed a memorandum of cooperation with Emirates Islamic bank to activate a direct electronic link between the two parties. This step is part of the department's strategy to digitize its services and enhance the efficiency of real estate...

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Business & Money | Wednesday 14 May, 2025 2:03 pm

ADNOC Gas joins MSCI Emerging Markets Index

ADNOC Gas plc and its subsidiaries today announced that its shares have been selected for inclusion in the MSCI Emerging Markets Index after successfully meeting the MSCI’s established eligibility criteria. The inclusion will take effect on 2nd June 2025. The MSCI Emerging Markets Index...

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Business & Money | Wednesday 14 May, 2025 2:01 pm

EMSTEEL delivers AED2.2 billion in revenue for Q1 2025

EMSTEEL Group announced its financial results for the first quarter of 2025 on Wednesday, reporting revenues of AED2.2 billion, which marks a one percent increase compared to the same period last year. EBITDA reached AED266 million, with an EBITDA margin of 12.3 percent compared to 13.7...

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