Business & Money | Monday 21 April, 2025 11:54 am

UAE maintains global trade leadership, competitiveness: Al Zeyoudi

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, stated that the United Arab Emirates, guided by the directives of its wise leadership, continues to lead and maintain its competitiveness on the global trade map. This was reaffirmed by the latest World Trade Organisation (WTO)...

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Business & Money | Monday 21 April, 2025 11:52 am

Dubai SME achieves remarkable milestones, transforms entrepreneurial landscape in 2024

The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism (DET), marked a breakthrough year in 2024, delivering milestone achievements that reinforced Dubai’s position as a major hub for entrepreneurial...

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Technology & IT | Monday 21 April, 2025 11:24 am

Gen.G Global Academy Launches Gen.G Collegiate Cup in Kingdom of Saudi Arabia and United Arab Emirates

Students from leading universities will battle it out using HONOR Magic7 Pro, delivering elite-level mobile performance. Gen.G Global Academy, the education arm of the renowned global esports organization Gen.G, is proud to announce its inaugural collegiate esports tournament in the MENA...

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Business & Money | Monday 21 April, 2025 11:11 am

stc group Redefines Connectivity at the FORMULA 1 STC SAUDI ARABIAN GRAND PRIX 2025

stc group, the region’s leading digital enabler, is powering the FORMULA 1 STC SAUDI ARABIAN GRAND PRIX 2025 with state-of-the-art connectivity solutions, ensuring unmatched digital experience both on and off the circuit. As the Title Partner of this global sporting spectacle for the fifth...

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Business & Money | Monday 21 April, 2025 11:08 am

Al Othaim renews Dammam mall lease for SAR 633.7M, expects SAR 300M profit

Abdullah Al Othaim Markets Co. signed a lease renewal agreement on April 20 with Abdullah Al Othaim Investment Co. for a commercial complex located on land leased from the General Organization for Social Insurance (GOSI) in Dammam. In a statement to Tadawul on April 21, Al Othaim...

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Business & Money | Monday 21 April, 2025 10:53 am

First Mills signs SAR 630M credit facility with SAB

First Milling Co. (First Mills) signed a long-term Shariah-compliant bank facility agreement worth SAR 630 million with Saudi Awwal Bank (SAB). In a filing to Tadawul, the company said this mixed-use deal aims to support the company’s commercial and operational activities, contributing to...

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Business & Money | Monday 21 April, 2025 10:52 am

Sumou wins SAR 680M contract to develop villas in Makkah Gate

Sumou Real Estate Co. was awarded on April 20 a SAR 680 million, VAT-exclusive contract by National Housing Co. (NHC) to develop residential units. In a statement to Tadawul, Sumou said it will develop more than 900 villas in the O2 Zone, Makkah Gate project in Makkah. Any future updates...

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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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