Business & Money | Friday 18 April, 2025 9:28 am

Legend Holding Group strengthens UAE-China partnership ties, future-forward innovation

Legend Holding Group opened its global headquarters in Dubai, reaffirming its vital role in the deepening relationship between the United Arab Emirates and the People’s Republic of China. The opening event brought together key dignitaries, including Ou Boqian, Consul-General of China in...

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Business & Money | Friday 18 April, 2025 9:26 am

Sharjah Islamic Bank reports net profit of AED318.9 million for Q1 2025

Sharjah Islamic Bank (SIB) commenced the year 2025 with strong financial performance during the first quarter, achieving a net profit after tax of AED318.9 million, an increase of 24.6 percent compared to AED255.9 million in the first quarter of 2024. Income from investments in Islamic...

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

Saudi Arabia, Indonesia sign MoU for mining cooperation

Minister of Industry and Mineral Resources Bandar Alkhorayef today signed a memorandum of understanding (MoU) with Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia, in Jakarta, Indonesia. The agreement aims to strengthen strategic cooperation and exchange expertise between...

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Business & Money | Friday 18 April, 2025 9:15 am

Saudi Azm wins project from Ministry of Tourism

Saudi Azm for Communication and Information Technology Co. secured today, April 17, a project from the Ministry of Tourism. In a statement to Tadawul, the company said the project covers developing and enhancing the beneficiary and customer relations system and e-services. The...

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Business & Money | Friday 18 April, 2025 9:13 am

Alkhorayef Water secures 2 contracts worth SAR 354M with SIO

Alkhorayef Water and Power Technologies Co. (AWPT) was awarded today, April 17, two contracts by the Saudi Irrigation Organization (SIO) at a combined value of SAR 353.9 million, including value-added tax (VAT). In a statement to Tadawul, the company said that the first contract covers the...

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Business & Money | Friday 18 April, 2025 9:09 am

Royal decree extends El-Kuwaiz's term as CMA’s Chairman

A royal decree was issued today, extending the term of Mohammed A. El-Kwaiz's chairmanship of the Capital Market Authority’s (CMA) board, with the rank of Minister, for a period of four years, effective from Shawwal 26, 1446 AH. According to Argaam’s data, El-Kwaiz has been in office since ...

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Business & Money | Thursday 17 April, 2025 2:31 pm

One Month to Go: GPMF 2025 Set to Redefine the Future of Project Management in the Region

 The countdown is on! With just one month remaining, anticipation is building for the Global Project Management Forum (GPMF) 2025, taking place from 17–19 May in Riyadh. “GPMF 2025 is more than a forum — it’s a catalyst for progress. Together with global pioneers, we are not just...

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Business & Money | Thursday 17 April, 2025 9:05 am

Diriyah awards Royal Opera House contract worth SAR 5.1B

Diriyah Co. announced awarding the contract for the development of the Royal Diriyah Opera House to a consortium of contractors, at an investment cost of SAR 5.1 billion. The contract was granted to a consortium of three companies, namely El-Seif Engineering & Contracting, Midmac...

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Business & Money | Thursday 17 April, 2025 8:58 am

Alkhaleej Training subsidiary inks SAR 33M contract with Ministry of Commerce

Alkhaleej Training and Education Co.’s subsidiary, Advanced Systems and Solutions for Communications Co. (Smart Link), signed on April 16 a contract with the Ministry of Commerce at a value of SAR 33 million, VAT inclusive. In a statement to Tadawul, the company noted that the three-year...

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Business & Money | Thursday 17 April, 2025 8:56 am

DMCC calls to deepen UAE-UK tech trade at London roadshow

DMCC has conducted a roadshow in London to strengthen bilateral ties between the UAE and the UK in key technology sectors, including AI, Web3 and gaming. The innovation-focused event saw British business leaders, government stakeholders and investors briefed across a range of technology...

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