The Ministry of Economy and Tourism has signed two Memoranda of Understanding with the Spanish Patent and Trademark Office and the Moroccan Industrial and Commercial Property Office, aimed at strengthening cooperation in the development of intellectual property (IP) in the UAE in line with...
DP World has signed a 30-year concession agreement with Syria’s General Authority for Land and Sea Ports to develop and operate the Port of Tartus. As part of the agreement, DP World will invest $800 million over the duration of the concession to upgrade the port’s infrastructure and...
Saudia, the national flag carrier of Saudi Arabia, has achieved growth in its operational performance for the first half of 2025, based to the latest performance report. The airline carried more than 17.5 million guests, marking a 7.2% increase compared to the same period in 2024. This...
Gulf Navigation Holding PJSC (“GULFNAV”), a leading maritime and shipping company listed on the Dubai Financial Market, announced the successful completion of its AED 500 million Mandatory Convertible Bond (MCB) offering, with total subscriptions exceeding AED 520 million from eligible...
The National Water Company (NWC) announced that it has started implementing 15 water and sanitation projects in the Al Baha region in the Southern Cluster, including pipelines and networks of more than 534 kilometers at a cost of over 591 million Saudi Riyals. These projects are part of NWC's...
ROSHN Group, Saudi Arabia’s leading multi-asset real estate developer and a Public Investment Fund (PIF) company, is partnering with the Communications, Space & Technology Commission (CST) for the nationwide CSR initiative, Recycle Your Device. This impactful campaign, which will run until...
ROSHN Group, Saudi Arabia’s leading multi-asset real estate developer and a Public Investment Fund (PIF) company, joins LIV Golf as Global Pillar Partner for 19 international tour stops during the 2025 and 2026 seasons. As the two entities work together to modernize golf and accelerate the...
Novo Nordisk, a leading global healthcare company, is excited to announce a new Memorandum of Understanding with the Saudi Heart Association (SHA), aimed at improving cardiovascular care throughout Saudi Arabia. This strategic partnership will engage clinicians in a series of educational and...
The Helicopter Co. (THC), a wholly-owned subsidiary of the Public Investment Fund (PIF) and the largest commercial helicopter operator in Saudi Arabia, signed a SAR 600 million Islamic credit facility agreement with Arab National Bank (ANB). The financing represents a major boost to the...
As part of its ongoing commitment to enhancing maritime safety and ensuring the highest standards of regulation and transparency in the marine sector, the Dubai Maritime Authority at the Ports, Customs, and Free Zone Corporation urges all stakeholders, including manufacturers, owners, operators,...