Business & Money | Tuesday 31 March, 2026 1:28 pm

Alramz purchases land plots in Riyadh for SAR 94.6M

Alramz Real Estate Co. purchased commercial/residential land plots in Al Malqa District, Riyadh, from Mohammed Abdulaziz Al-Majed and Mohammed Ibrahim Al-Khalifa, for SAR 94.60 million. In a Tadawul statement, the company said the land plots span 8,600 square meters, and will be used for the...

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Business & Money | Tuesday 31 March, 2026 1:27 pm

Alkhorayef Water inks SAR 221M contract for projects in Hafar Al-Batin, Al-Qaisomah

Alkhorayef Water and Power Technologies Co. signed a contract with National Water Co. (NWC) for sanitary sewer networks in Hafar Al-Batin and Al-Qaisomah governorates - Phase Four (Part Two), at a value of SAR 221.01 million (excluding VAT). Under the 36-month contract, the company will...

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Business & Money | Tuesday 31 March, 2026 12:18 pm

Saudi Arabia’s Outdoor and Adventure Tourism Market Takes Center Stage at DUNES Expo 2026

As Saudi Arabia accelerates the development of its tourism and outdoor recreation sectors under Vision 2030, industry leaders, global brands and adventure specialists will gather in Riyadh for DUNES Expo 2026, the Kingdom’s first dedicated exhibition for the outdoor and adventure...

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Business & Money | Monday 30 March, 2026 9:23 am

Masar inks SAR 500M revolving facility with SAB

Umm Al Qura for Development and Construction Co. (Masar) said it signed a Shariah-compliant revolving credit facility worth SAR 500 million with Saudi Awwal Bank (SAB). In a statement to Tadawul, the company said the 12-month facility will be used to finance general working capital...

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Business & Money | Monday 30 March, 2026 9:18 am

ADNOC, OMV announce executive leadership for Borouge Group International AG

ADNOC and OMV on Friday announced the executive leadership team and Supervisory Board of Borouge Group International AG, a global polyolefins champion to be formed through the combination of their shareholdings in Borouge Plc and Borealis, followed by the acquisition of NOVA Chemicals. The new ...

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Business & Money | Monday 30 March, 2026 9:16 am

Dubai Chambers develops action plan with Confederation of Indian Industry to boost trade, investment flows

Dubai Chambers has hosted a meeting with senior representatives from the Confederation of Indian Industry (CII) to enhance trade and investment flows between Dubai and India. During the meeting, the two sides agreed to develop a joint action plan aimed at broadening business partnerships across a...

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Business & Money | Monday 30 March, 2026 9:15 am

Presight, NodeShift forge strategic partnership to scale sovereign AI solutions globally

Presight and NodeShift, a sovereign AI company which was part of Presight’s inaugural AI Accelerator Program, have announced a strategic partnership that includes joint go-to-market collaboration and investment support to expand the adoption of sovereign AI solutions across international...

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Business & Money | Monday 30 March, 2026 9:12 am

Dubai records strong performance in construction sector with more than 10,700 building permits issued in Q1/26

Dubai Municipality reported strong performance indicators in the building and construction sector during the first quarter of 2026, reflecting sustained development momentum across the emirate and a highly attractive investment environment that continues to reinforce Dubai’s position as a leading ...

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Business & Money | Monday 30 March, 2026 9:10 am

Dubai advances to 7th place in Global Financial Centres Index, marking highest-ever ranking

Dubai has achieved its highest-ever ranking in the Global Financial Centres Index (GFCI), climbing to seventh place globally, underscoring the emirate’s accelerating rise as one of the world’s most influential financial hubs and its importance in the global financial system. This...

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Business & Money | Monday 30 March, 2026 9:07 am

Emaar Development announces 100% dividend payout of AED4 billion

Emaar Development PJSC today held its Annual General Meeting (AGM), during which the Board of Directors reviewed the company’s financial performance for 2025 and discussed its strategic outlook for the coming period. During the AGM, shareholders approved the Board of Directors’ proposal to ...

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