Business & Money | Wednesday 18 June, 2025 8:59 am

EDGE signs MoU to localise maintenance capabilities of Thales’ advanced optronic systems

At the 2025 edition of the Paris Airshow, EDGE, one of the world’s leading advanced technology and defence groups, and Thales, a global leader in high technology solutions for defence and security, have signed a Memorandum of Understanding (MoU) to enhance cooperation in the production and...

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Business & Money | Wednesday 18 June, 2025 8:57 am

Emirates returns to Paris Airshow for first time in over 15 years

Emirates is participating in the 55th edition of the International Paris Airshow until 19 June. After an over 15-year hiatus from the show, Emirates is showcasing its newest aircraft – the Airbus A350 – featuring the airline’s next-generation cabin design, latest interiors, and...

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Business & Money | Wednesday 18 June, 2025 8:52 am

G42, Liquid AI partner to deliver efficient AI solutions to enterprises

G42, the Abu Dhabi-based global technology group, and Liquid AI, a leading efficient foundation models company headquartered in Cambridge, Massachusetts, today announced that they have entered into a multifaceted commercial partnership to facilitate the creation, training and commercialisation of...

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Business & Money | Wednesday 18 June, 2025 8:48 am

Mubadala, Abu Dhabi Projects and Infrastructure Centre partner to explore strategic collaborations

Mubadala Investment Company PJSC (Mubadala), an Abu Dhabi sovereign investor, and the Abu Dhabi Projects and Infrastructure Centre (ADPIC) have signed a partnership agreement to foster collaborations in various areas which features a comprehensive framework for cooperation between the two...

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Business & Money | Wednesday 18 June, 2025 8:39 am

MIS secures SAR 86.7M service contract with ETEC

Al Moammar Information Systems Co. (MIS) awarded a competitive bid from the Education and Training Evaluation Commission (ETEC), with a total value of SAR 86.67 million, inclusive of value-added tax. In a statement on Tadawul, MIS said the project aims to provide test administration services,...

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Business & Money | Wednesday 18 June, 2025 8:36 am

Saudi Arabia ranks 17th in World Competitiveness 2025

Saudi Arabia moved down one notch to the 17th place in the IMD World Competitiveness Ranking 2025, issued by the World Competitiveness Center of the International Institute for Management Development (IMD).The report showed that the Kingdom ranked fourth among the G20 countries.The Kingdom recorded ...

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Business & Money | Wednesday 18 June, 2025 8:34 am

BIE gives final nod to Expo 2030 Riyadh registration dossier

Expo 2030 Riyadh’s registration dossier has received final approval during the Bureau International Des Expositions (BIE) general assembly in Paris, marking the final step in confirming Saudi Arabia as the official host country for the upcoming Expo. BIE also handed over the World Expo flag...

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Business & Money | Wednesday 18 June, 2025 8:00 am

SHL Finance signs SAR 100M credit deal with Quara Finance

SHL Finance Co. signed a Sharia-compliant credit facility and financing guarantees agreement with Quara Finance Co., under which it will provide up to SAR 100 million in financing to support Quara’s customer lending activities. In a statement to Tadawul, SHL said the financing...

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Business & Money | Tuesday 17 June, 2025 12:35 pm

Inaugural editions of International Hardware Fair Saudi Arabia and FSB Sports Show Riyadh opened doors to industry professionals in Riyadh

 The inaugural editions of International Hardware Fair Saudi Arabia and FSB Sports Show Riyadh officially opened at the Riyadh International Convention and Exhibition Center (RICEC), welcoming industry professionals from across the Kingdom. The events are jointly organized by dmg events and...

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Business & Money | Tuesday 17 June, 2025 8:12 am

Rashed Al Balooshi appointed as CEO of ADGM Registration Authority

ADGM, the international financial centre of the UAE capital, today announced the appointment of Rashed Abdulkarim Al Balooshi as Chief Executive Officer of ADGM’s Registration Authority (RA), effective immediately. The appointment reflects ADGM’s ongoing commitment to bolstering its...

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