Business & Money | Monday 18 May, 2026 11:08 am

ZATCA Launches Shipment Tracking Service for Individual Importers

The Zakat, Tax and Customs Authority (ZATCA) announced that the Shipment Tracking service is available to individual importer customers via the ZATCA smart device application, enabling them to track incoming consignments through express transport companies and monitor their customs clearance...

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Business & Money | Monday 18 May, 2026 11:03 am

Real Estate General Authority Showcases Saudi Real Estate Regulation at WUF13

The Real Estate General Authority is taking part in the 13th World Urban Forum (WUF13), organized by the United Nations Human Settlements Programme (UN-Habitat) in Baku, the Republic of Azerbaijan, from May 17 to 22, 2026, under the theme “Housing the world: Safe and resilient cities and...

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Business & Money | Monday 18 May, 2026 10:38 am

BCI sells Jeddah land plot for SAR 12.8M

Basic Chemical Industries (BCI) announced additional details on the sale of a land plot in Jeddah for SAR 12.8 million.In a statement on Tadawul, the company said it has received the full proceeds and completed the ownership transfer. The deal was executed with Omar bin Abdulkarim bin Kassem on May ...

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Business & Money | Monday 18 May, 2026 10:33 am

13th World Urban Forum Opens in Baku with High-Level Ministerial Meeting

The 13th World Urban Forum (WUF13), organized by the United Nations Human Settlements Programme (UN-Habitat), began today in Baku, Azerbaijan, under the theme “Housing the world: Safe and resilient cities and communities,” opening with a high-level ministerial meeting attended by ministers and...

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Business & Money | Monday 18 May, 2026 10:33 am

The Kingdom participates in the 13th World Urban Forum in Azerbaijan clock-icon

The Ministry of Municipalities and Housing is participating in the 13th World Urban Forum, hosted in Baku, Azerbaijan, from May 17 to 22. Organized by UN-Habitat, the forum serves as a prominent global platform to discuss the future of cities, urban growth management, and sustainable...

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Business & Money | Monday 18 May, 2026 10:13 am

Taiba signs SAR 2.4M agreement to develop, operate 3 hotels in Madinah

Taiba Investments Co. signed final partnership agreement on May 17 with Osool Integrated Real Estate Co. to establish a special purpose vehicle (SPV) with a total investment size of SAR 2.4 billion.Taiba will contribute SAR 300 million to the SPV, which is set to implement the development...

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Business & Money | Monday 18 May, 2026 10:04 am

Dar Al Arkan plans USD-denominated sukuk issuance

Dar Al Arkan intends to issue USD-denominated, Shariah-compliant, fixed-rate, senior unsecured sukuk under Regulation S (Reg S), according to a statement to Tadawul. The real estate developer mandated Abu Dhabi Commercial Bank (ADCB), Abu Dhabi Islamic Bank (ADIB), Al Rayan Investment, Arqaam...

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Business & Money | Monday 18 May, 2026 9:56 am

ADPIC SIGNS AGREEMENT WITH TROJAN CONSTRUCTION HOLDING TO ADVANCE NATIONAL TALENT DEVELOPMENT THROUGH BUNAA PROGRAMME

 The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced the signing of a strategic agreement with Trojan Construction Holding, to support the implementation of the Bunaa Programme, a long-term initiative aimed at developing the next generation of Emirati professionals within...

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Business & Money | Monday 18 May, 2026 9:50 am

Modon partners with Montage Hotels & Resorts to bring ultra-luxury hospitality brand to Egypt’s Ras El Hekma

Abu Dhabi-based Modon Holding and Montage Hotels & Resorts have announced Montage Ras El Hekma, which will introduce the first branded residences for purchase at Ras El Hekma on Egypt’s Mediterranean coast. This is the first Montage resort in Egypt – supporting the emerging city’s growth...

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Business & Money | Monday 18 May, 2026 9:47 am

Dubai Holding Real Estate and Abu Dhabi Islamic Bank launch integrated Sharia-compliant home financing solutions for customers across Nakheel, Meraas and Dubai Properties

Dubai Holding Real Estate, one of the largest integrated master developers in Dubai, has entered into a strategic partnership with Abu Dhabi Islamic Bank (ADIB) to expand access to Sharia-compliant home financing solutions for eligible customers across Nakheel, Meraas and Dubai Properties. The ...

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