Business & Money | Sunday 12 April, 2026 2:50 pm

Industrial Cities Attract over SAR1.5 Trillion in Investments in 2025

The Royal Commission for Jubail and Yanbu (RCJY) announced that total investments in its industrial cities exceeded SAR1.5 trillion by the end of 2025, according to its annual report.The figure reflects the commission's role as a key enabler of the National Industrial Development and Logistics...

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Business & Money | Sunday 12 April, 2026 12:53 pm

SAR Launches Five New Logistics Routes to Boost International Trade Flows

Saudi Arabia Railways (SAR) has launched five new logistics routes designed to enhance supply chain efficiency and integrate various transport modes.These routes link Arabian Gulf ports with the Kingdom’s central and northern regions, extending to the Red Sea and northern neighboring countries....

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Business & Money | Sunday 12 April, 2026 10:12 am

ADES extends offshore rig contract in Nigeria; adds SAR 178M to backlog

Ades Holding Co. secured a one-year extension for the jack-up offshore rig Shelf Drilling Scepter contract with Chevron Nigeria, with an additional one-year extension option that remains unpriced. In a statement to Tadawul, the company said the extension adds around SAR 178 million (about...

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Business & Money | Sunday 12 April, 2026 8:00 am

8 Saudi cities feature on 2026 Smart Cities Index

Eight Saudi cities ranked on the 2026 Smart Cities Index, released by the International Institute for Management Development (IMD), with Riyadh advancing to 24th place globally compared to 27th in 2025, notching up by three spots, In addition, both Hail and Hafar Al-Batin entered the ranking for...

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Business & Money | Sunday 12 April, 2026 8:00 am

Messe Frankfurt Saudi Arabia Announces Automechanika Riyadh Postponed to 2027

Messe Frankfurt Saudi Arabia, organiser of Automechanika Riyadh, Saudi Arabia’s leading regional automotive aftermarket trade event, has announced the postponement of the upcoming edition. Originally scheduled to take place from 4-6 May 2026, the event will now focus on its return to the Kingdom...

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Business & Money | Sunday 12 April, 2026 8:00 am

NWC completes a main water lines project in Riyadh at SR +81m

As part of the second phase of the strategic water plan for the capital, Riyadh, the National Water Company (NWC) announced the completion of a main water lines project at a total cost exceeding 81 million Saudi Riyals. The company explained that the project involved extending main water lines ...

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Business & Money | Sunday 12 April, 2026 7:00 am

Maktoum bin Mohammed meets with CEO of Brookfield Corporation

H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Chairman of the Dubai International Financial Centre (DIFC), met with Bruce Flatt, CEO of Brookfield Corporation, a leading global asset and alternative investment...

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Business & Money | Sunday 12 April, 2026 7:00 am

25 real estate entities win 'Real Estate Excellence Award' in Sharjah

The Sharjah Real Estate Registration Department (SRERD) has honoured 25 real estate entities that won the “Real Estate Excellence Award,” in recognition of their efforts in advancing the real estate sector and reinforcing Sharjah’s position as a leading global investment destination. The ...

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Business & Money | Sunday 12 April, 2026 7:00 am

UAE participation in FIDAE 2026 reflects growing confidence in Emirati defence industries

President José Antonio Kast of Chile inaugurated the International Air, Space, Defence and Security Exhibition (FIDAE 2026) in Santiago. FIDAE is the most significant aerospace and defence exhibition in Latin America, biennially bringing the global industry together at the Pudahuel Air Base in the ...

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Business & Money | Sunday 12 April, 2026 7:00 am

Zayed Sustainability Prize funds all finalists for 2026, 2027 cycles

The UAE continues to play a leading role in global humanitarian and development efforts, allocating US$1.46 billion in 2025 to support communities around the world. Building on this commitment, the Zayed Sustainability Prize is expanding its support for innovators by funding all finalists for the...

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