Business & Money | Sunday 13 July, 2025 8:55 am

Almoosa inks SAR 192M contract for construction, foundation works of Al-Hofuf hospital

Almoosa Health Co. signed, on July 10, a SAR 192 million contract with Masah Specialized Construction Co. to carry out preliminary construction works, foundation works, and the construction of the concrete structure for Almoosa Specialist Hospital project in Al-Hofuf. In a statement to...

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Business & Money | Sunday 13 July, 2025 8:53 am

Cenomi Centers hires financial advisor to refinance $875M sukuk

Arabian Centres Co. (Cenomi Centers) appointed Rothschild & Co as financial advisor for the refinancing of $875 million (SAR 3.28 billion) in sukuk maturing on Oct. 7, 2026, with White & Case continuing as legal advisor. In an emailed statement to Argaam, Cenomi Centers said it will...

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Business & Money | Thursday 10 July, 2025 9:55 am

Alinma Bank completes $500M sukuk issue

Alinma Bank completed the issuance of US dollar-denominated sukuk worth $500 million, under its Trust Certificate Issuance Program. The sukuk issue is expected to be settled on July 15, the bank said in a statement on Tadawul.  Sukuk Issuance DetailsOffering TypeUS...

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Business & Money | Thursday 10 July, 2025 9:35 am

Energy Minister says Saudi Arabia consistently delivers on policy, results

The Kingdom has always remained consistent—not only in its messages, but also in implementing policies and delivering tangible results on the ground, Energy Minister Prince Abdulaziz bin Salman stated. Speaking at the 9th OPEC International Seminar in Vienna, the Saudi minister emphasized...

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Business & Money | Thursday 10 July, 2025 9:33 am

Dubai Courts' Leadership Council for Development and Creativity seeks to enhance institutional excellence and judicial services

The Leadership Council for Institutional Development and Creativity at Dubai Courts held its regular meeting, chaired by His Excellency Prof. Saif Ghanem Al Suwaidi, Director-General of Dubai Courts. In attendance were senior officials including Judge Judge Abdul Qader Mousa, President of the Court ...

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Business & Money | Thursday 10 July, 2025 9:26 am

“Dubai Customs hosts Sheikh Mansour bin Ibrahim Al-Mualla to discuss ways of cooperation and strengthening institutional and strategic partnership.”

As part of strengthening institutional partnerships and expanding strategic cooperation, Dubai Customs hosted a high-level delegation from the Ports, Customs and Free Zone Corporation – Umm Al Quwain, headed by Sheikh Mansour bin Ibrahim Al-Mualla, Executive Director of the Corporation. The...

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Business & Money | Thursday 10 July, 2025 8:41 am

Deloitte Middle East wins gold at Employee Happiness Awards 2025

Deloitte Middle East received two golden accolades at the Employee Happiness Awards (EHA) UAE 2025: HR Team of the Year and Best Recruitment Strategy. The awards ceremony, held at the Westin Mina Seyahi Hotel in Dubai, celebrated organizations that excel in fostering positive work environments and...

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Business & Money | Thursday 10 July, 2025 8:00 am

DUBAI SOUTH ACHIEVES OVER AED 1.2 BILLION IN SALES FOR HAYAT WITHIN HOURS OF ITS LAUNCH

 Building on the success of its recent project launches, Dubai South Properties announced the sell-out of the first two phases of its newly launched luxury community, Hayat by Dubai South, within hours, achieving sales exceeding AED 1.2 billion. This milestone reinforces Dubai South’s...

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Business & Money | Thursday 10 July, 2025 8:00 am

Led by HRH Prince Sultan bin Salman… Preparations Begin for the General Aviation Exhibition "Sand & Fun 2025"

His Royal Highness Prince Sultan bin Salman bin Abdulaziz, Founder and Chairman of the Saudi Aviation Club, chaired an official meeting attended by H.E. Dr. Ahmed bin Fahad Al-Fahaid, General Supervisor of the Club, during which the executive plans and accompanying airshow programs for the general...

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Business & Money | Thursday 10 July, 2025 8:00 am

Royal Development Holding and SAAS Properties Sell Out Phase 1 of “Seamont Autograph Collection Residences” by Marriott

At an exclusive launch event held at Abu Dhabi’s St. Regis Hotel at Saadiyat Island, premium real estate developer Royal Development Holding – a subsidiary of Emirates Stallions Group (ADX: ESG) – and its partner, luxury developer SAAS Properties, in collaboration with Marriott International, ...

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