Business & Money | Sunday 20 April, 2025 12:01 pm

Saudi Arabia launches 2 Orange Line stations

The Riyadh Public Transport Platform announced that the Sikkat Al-Hadeed and Jarir stations on the Orange Line were launched today, April 19. The Orange Line stretches from East Riyadh to West Riyadh, with a total length of 41 kilometers. It spans from Jeddah Road in the west to the Second...

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Business & Money | Sunday 20 April, 2025 11:58 am

First Avenue’s fund acquires Jeddah land for SAR 188M

First Avenue for Real Estate Development Co. received a notice from SICO Capital, the manager of the Beach Real Estate Fund (BREF), confirming the fund’s acquisition of a commercial land plot in the Al Shati district of Jeddah. The 15,000-square-meter land was purchased...

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Business & Money | Sunday 20 April, 2025 11:56 am

PIF signs MoU with Education Ministry to boost educational services

The Public Investment Fund (PIF) signed a memorandum of understanding (MoU) with the Ministry of Education to boost educational services. In a statement, the fund said the MoU aims to foster and support investment in the education sector, leveraging educational assets. The MoU includes...

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Business & Money | Sunday 20 April, 2025 11:50 am

Khaled bin Mohamed bin Zayed witnesses inauguration ceremony of teamLab Phenomena Abu Dhabi in Saadiyat Cultural District

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has officially inaugurated teamLab Phenomena Abu Dhabi, a transformative multi-sensory art experience and new cultural landmark in the heart of Saadiyat Cultural...

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Business & Money | Sunday 20 April, 2025 11:46 am

UAE Marine Sports Federation joins forces with MAG Group Holding for Wooden Powerboat Championship

The UAE Marine Sports Federation and MAG Group Holding have inked a strategic sponsorship agreement, under which the Group becomes the official backer of the 2025 UAE Wooden Powerboat Championship (Al Shawaheef). This partnership marks an important step in advancing a long-term vision of elevating...

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Business & Money | Sunday 20 April, 2025 11:34 am

Mawarid Finance “Fintech & Innovation Summit 2025” kicks off April 24th with Participation of Top International Leaders in the Finance Sector

Mawarid Finance, a leading finance company in the UAE, has announced the launch of the "Fintech & Innovation Summit 2025," which will be held on Thursday, April 24, 2025, at Palazzo Versace Hotel Dubai, under the theme: "Empowering Innovation in Finance." The event will bring together...

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Business & Money | Sunday 20 April, 2025 11:25 am

ARTHUR D. LITTLE: SAUDI ARABIA POSITIONED TO LEAD $8 BILLION FEEDER SHIPPING BOOM

As global logistics undergo rapid transformation, new research from Arthur D. Little (ADL) positions Saudi Arabia as a future powerhouse in feeder shipping, a high-potential segment of maritime trade set to grow to $451 billion globally by 2030. The Middle East, East Africa, Turkey (MEEAT), and...

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Business & Money | Sunday 20 April, 2025 9:22 am

Saudi Rakha plans 30% IPO on Egyptian Exchange in H2 2025

Rakha for Agricultural Investment and Development Co., a subsidiary of Saudi Arabia's Alkhorayef Group, announced its intention to list 30% of its shares on the Egyptian Exchange (EGX) in the second half of 2025. Managing Director Abdullah Alkhorayef told Asharq News that the company owns...

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Business & Money | Friday 18 April, 2025 9:36 am

Dubai Internet City highlights Dubai's digital economy in Singapore

Dubai Internet City, the enabler of the Middle East’s digital economy, will join a delegation led by Dubai’s Department of Economy and Tourism (DET) at GITEX Asia, taking place on 23rd-25th April in Singapore. The region’s leading tech hub, part of TECOM Group PJSC, will showcase the...

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Business & Money | Friday 18 April, 2025 9:34 am

DXB recognised for leadership in aviation safety by ACI

Dubai International (DXB) has been recognised with the Airports Council International (ACI) Safety Recognition Award 2025 for its innovative and proactive approach to aerodrome safety. The award highlights DXB’s continuous efforts to introduce smart, scalable solutions that strengthen...

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