Business & Money | Tuesday 13 October, 2026 8:00 am

Riyadh sees exceptional growth, 2 bridges 42% complete: RCRC CEO

Ibrahim Al-Sultan, CEO of the Royal Commission for Riyadh City (RCRC), said the capital is experiencing an exceptional phase of growth in its economy, population, and urban development. He noted that development efforts are focused on three main areas: roads, transportation, and traffic...

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Business & Money | Tuesday 13 October, 2026 8:00 am

Aramco targets 80% increase in gas sales capacity by 2030: CEO

Saudi Aramco President and CEO Amin Nasser said the company aims to increase gas sales capacity by about 80% from 2021 levels by 2030 and expand renewable energy projects. Speaking at the 25th World Petroleum Congress (WPC) in Riyadh, Nasser said gas and renewables would each account for half...

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Business & Money | Tuesday 13 October, 2026 8:00 am

Saudi Arabia attracts SAR 6T investments since strategy launch: Minister

Minister of Investment Fahad Al-Saif stated that investments from domestic and international sources have reached about SAR 6 trillion since the launch of the National Investment Strategy. Speaking during a ministerial panel discussion at the WPC Energy Congress 2026, Al-Saif explained that...

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Business & Money | Tuesday 13 October, 2026 8:00 am

SRC launches second mortgage-backed securities transaction

The Saudi Real Estate Refinance Co. (SRC), a PIF-owned subsidiary, announced the launch of the Kingdom's second residential mortgage-backed securities (RMBS), the first domestic issuance of its kind to receive publicly disclosed credit ratings from Moody’s and Fitch. The second issuance is...

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Business & Money | Monday 12 October, 2026 4:16 pm

DIEZ doubles size of Oraseya Capital fund to AED1 billion

The Dubai Integrated Economic Zones Authority (DIEZ) has announced the doubling of the venture capital fund managed by its investment arm, Oraseya Capital, from AED500 million to AED1 billion. The expansion aims to strengthen Oraseya Capital’s capacity to support companies with global growth ...

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Business & Money | Monday 12 October, 2026 4:14 pm

SIF 2026 puts business resilience, future leadership in focus

Under the theme “Building Adaptive Economies,” the ninth Sharjah Investment Forum (SIF 2026) will host a series of specialised workshops within its programme of more than 140 activities, exploring how skills and institutional expertise can strengthen business competitiveness and turn investment ...

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Business & Money | Monday 12 October, 2026 4:12 pm

11 Dubai-based companies pledge to integrate Agentic AI into their operations

In the presence of H.H. Sheikh Mohammed bin Rashid bin Mohammed bin Rashid Al Maktoum, a total of 11 Dubai-based companies representing diverse sectors have pledged to integrate Agentic AI technologies into their operations, with the support of Dubai Chambers. The pledge reflects the private...

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Business & Money | Monday 12 October, 2026 4:11 pm

EWEC opens registration for Clean Energy Certificates auction until October 30

Emirates Water and Electricity Company (EWEC) announced the opening of registration for its Q4 2026 Clean Energy Certificate (CEC) auction until 30th October, enabling organisations to verify their clean electricity consumption, reduce Scope 2 emissions from their operations and strengthen their...

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Business & Money | Monday 12 October, 2026 4:05 pm

AquaIndex plans to launch UAE water token as part of global expansion

AquaIndex, a water asset management and pricing company, has announced plans to launch a dedicated regional water token for the UAE as part of its strategy to expand globally and build a digital infrastructure for the documentation, pricing, ownership management and trading of water reserves using...

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Business & Money | Monday 12 October, 2026 12:32 pm

Bitmanager researchers presented scientific papers at Interspeech 2026

Bitmanager strengthened its speech AI research capabilities in the United Arab Emirates. One of the studies presented at Interspeech 2026 examined AI-generated speech detection across 66 languages. Dubai, United Arab Emirates – October 2026. Bitmanager researchers Kirill Borodin and Vasily...

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