Business & Money | Sunday 29 June, 2025 1:20 pm

Misk Art Institute Announces Names of Two Artists Joining its Italy Residency Program

Misk Art Institute, a subsidiary of the Mohammed bin Salman Foundation “Misk,” continues its residency program in Milan, Italy, in collaboration with Casa degli Artisti. The program, running from May 5 to July 4, 2025, reflects Misk Art Institute’s commitment to supporting Saudi artists in...

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Business & Money | Sunday 29 June, 2025 1:17 pm

PCFC, DP WORLD, and SHARJAH Maritime Academy Launch "SANAD" Programme to Develop Emirati Maritime Security Talent

The Ports, Customs and Free Zone Corporation (PCFC) and DP World have signed a tripartite Memorandum of Understanding (MoU) with the Sharjah Maritime Academy (SMA) to launch “Sanad”, a new training programme aimed at developing young Emirati maritime security professionals. Delivered over...

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Business & Money | Sunday 29 June, 2025 1:14 pm

NAMLCFTC, Arab Youth Centre sign MoU to empower young talent across Arab world

The General Secretariat of the National Anti-Money Laundering and Combatting the Financing of Terrorism and Financing of Illegal Organisations Committee (NAMLCFTC) has signed a Memorandum of Understanding (MoU) with the Arab Youth Centre. The signing took place in the presence of Dr. Sultan...

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Business & Money | Sunday 29 June, 2025 1:00 pm

SEDD launches ‘Instant Licence’ service

Sharjah Economic Development Department (SEDD) launched “Instant Licence” service in order to promote investments and attract investors to the Emirate. This service was launched after obtaining the approval from the Sharjah Executive Council with the aim of enabling investors and...

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Business & Money | Sunday 29 June, 2025 12:56 pm

Saudi Water Authority to finance SAR 2.4B Jubail, Al Khobar desalination systems

The Saudi Water Authority signed a financing agreement with the Asian Infrastructure Investment Bank (AIIB) and the National Infrastructure Fund (Infra) to support a strategic project aimed at developing the infrastructure of the first phase of the Jubail desalination system and the second phase of ...

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Business & Money | Sunday 29 June, 2025 12:52 pm

AICTEC inks MoU to acquire stake in Signmax for SAR 3M

Advance International Company for Communication and Information Technology (AICTEC) signed, on June 26, a memorandum of understanding (MoU) outlining its intention to acquire a 25% stake in Signmax Advertising Co. for SAR 3 million. In a statement to Tadawul, the company said that...

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Business & Money | Sunday 29 June, 2025 12:50 pm

solutions signs SAR 157.6M contract with stc to build private cloud

Arabian Internet and Communications Services Co. (solutions) signed a contract with Saudi telecom major stc to build a private cloud as part of the IT infrastructure modernization and cloud partnership project. The contract is valued at SAR 157.6 million, solutions said in a statement to...

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Business & Money | Sunday 29 June, 2025 12:48 pm

Masar signs land sale agreement for SAR 255.8M

Umm Al Qura for Development and Construction Co. (Masar) signed on June 26 a land sale agreement with Home Investment Fund (a real estate investment fund managed by Jadwa Investment), for a total value of SAR 255.76 million, excluding taxes and fees to be borne by the buyer. The company...

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Culture & Education | Friday 27 June, 2025 10:04 am

Historic Italian City of Assisi to Host International Exhibition “Jordan: Dawn of Christianity”

Exhibition spotlighting Jordan’s sacred Christian sites opens in Assisi as part of a cultural and spiritual bridge-building initiative ahead of Jubilee Year 2025. ASSISI, Italy – The international traveling exhibition “Jordan: Dawn of Christianity” will open on July 4 at Palazzo Monte...

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Business & Money | Thursday 26 June, 2025 2:28 pm

DIFC announces consultation of new Variable Capital Company regulations

Dubai International Financial Centre (DIFC) proposes to enact new Variable Capital Company (VCC) Regulations. The proposed regulations seek to significantly enhance investment structuring and asset management options for proprietary investment in the DIFC. Jacques Visser, Chief Legal Officer...

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