Business & Money | Monday 30 June, 2025 11:59 am

Tabreed, CVC DIF to acquire Abu Dhabi’s PAL Cooling from Multiply Group

CVC DIF, the infrastructure strategy of leading global private markets manager, CVC, and Tabreed, the world’s leading district cooling company, have entered a partnership to acquire PAL Cooling Holding from Abu Dhabi’s Multiply Group. The transaction, with an equity value of approximately...

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Business & Money | Monday 30 June, 2025 11:54 am

Dubai South launches 10-million-square-foot 'Hayat' community

Dubai South Properties has announced the launch of Hayat, a new master-planned community spanning 10 million square feet. The development is located in the Golf District at Dubai South, near the existing terminal of Al Maktoum International Airport. Hayat by Dubai South will feature...

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Business & Money | Monday 30 June, 2025 11:51 am

Edarat receives new SAR 4.5M purchase order under NEOM contract

Edarat Communication and Information Technology Co. received today, June 29, a new purchase order under an existing cloud services contract with NEOM. The order covers Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) solutions, Edarat said in a statement to Tadawul. The...

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Business & Money | Monday 30 June, 2025 11:49 am

Masar sells 2 land plots in destination project for SAR 410.3M

Umm Al Qura for Development and Construction Co. (Masar) signed two land sale agreements within the Masar Destination project in Makkah for SAR 410.27 million. Masar is the owner, developer, and operator of the Masar Destination project. The first land plot, measuring 2,703 square...

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Business & Money | Monday 30 June, 2025 11:47 am

CATRION signs SAR 33M catering deal with Saudi Aramco

CATRION Catering Holding Co. (CATRION) ) signed a SAR 33 million contract with Saudi Arabian Oil Co. (Saudi Aramco) on June 29, the company said in a statement to Tadawul. Under the three-year agreement, CATRION will provide in-flight catering services for VIPs and passengers flying with...

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Government | Monday 30 June, 2025 10:09 am

Kingdom Ranks 13th Globally in IP Enforcement in 2025 Competitiveness Yearbook

The Kingdom of Saudi Arabia has achieved a major milestone by advancing 14 positions to rank 13th globally in the Intellectual Property Rights Enforcement Index, according to the 2025 World Competitiveness Yearbook—a key global competitiveness benchmark monitored by the National Competitiveness...

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Business & Money | Monday 30 June, 2025 9:12 am

ROSHN Group Named One of the World's 25 Most Powerful Real Estate Brands by Brand Finance

ROSHN Group, a subsidiary of the Public Investment Fund (PIF), has been ranked among the 25 most powerful real estate brands in the world by Brand Finance, a leading global brand valuation consultancy. This marks the first time a Saudi real estate company has achieved this recognition.Brand Finance ...

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Technology & IT | Monday 30 June, 2025 7:14 am

SSA Announces Launch of 'Madak Space' Experiments to the International Space Station

The Saudi Space Agency (SSA) announced the launch of the winning experiments from the "Madak Space" competition to the International Space Station (ISS) as part of an international space mission that lifted off this morning from Kennedy Space Center in Florida, US. This milestone reflects the...

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Environment & Energy | Monday 30 June, 2025 6:19 am

Minister of Energy, UNEP Chief Sign MoU on Regional Emissions Cooperation, Global Climate Action

Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz met today in Riyadh with Inger Andersen, Executive Director of the United Nations Environment Programme (UNEP) and Under-Secretary-General of the United Nations.They discussed cooperation on climate action and joint efforts to advance the ...

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Business & Money | Sunday 29 June, 2025 1:40 pm

UAE’s NHRI and Office of UN High Commissioner for Human Rights Discuss Strengthening Cooperation and Exchange of Expertise

The National Human Rights Institution (NHRI) has received a delegation from the Office of the United Nations High Commissioner for Human Rights (OHCHR) at its headquarters in Abu Dhabi. The delegation was led by H.E. Mazen Shaqoura, Regional Representative of the OHCHR for the Middle East and North ...

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