Business & Money | Sunday 1 February, 2026 10:05 am

Sumou signs SAR 423.4M tower development contract in Makkah

Sumou Real Estate Co. said it signed a contract on Jan. 29 with Areeb Advanced Real Estate Co. to develop, design, and construct a residential and commercial tower for the Areeb Sumou Makkah Real Estate Fund. The project will be built on a 3,066-square-meter plot in the Jabal Omar...

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Business & Money | Sunday 25 January, 2026 9:29 pm

As Investors Prioritise Paid Income Over Paper Gains, Vendra Capital Strengthens Its Strategy

Investor behaviour is undergoing a clear shift. As market volatility persists and traditional assets continue to fluctuate without delivering consistent cash flow, capital is increasingly moving toward investments that generate real, paid income. In response to this shift, Vendra Capital is...

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Business & Money | Sunday 25 January, 2026 12:44 pm

ADNOC Gas sees potential to advance Ruwais LNG commercial start

ADNOC Gas continues to strengthen its position as a key player in the liquefied natural gas sector, driven by accelerated progress in the execution of its strategic programmes and projects under an integrated approach focused on enhancing the operational readiness of its assets and ensuring their...

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Business & Money | Sunday 25 January, 2026 12:42 pm

Dubai Chambers explores opportunities to strengthen economic relations with Serbia

Dubai Chambers explored ways to deepen economic cooperation with the Republic of Serbia during a trade mission organised recently in Belgrade aimed at expanding bilateral engagement across a range of priority sectors. The delegation was led by Eng. Sultan bin Saeed Al Mansoori, Chairman of...

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Business & Money | Sunday 25 January, 2026 12:41 pm

Hotel revenues reach AED44.4 billion in 11 months of 2025: Economy and Tourism Minister

Abdullah bin Touq Al Marri, Minister of Economy and Tourism, and Chairman of the Emirates Tourism Council, participated in the International Tourism Fair - FITUR Madrid 2026, held from 21st to 25th January at IFEMA in Spain. The fair is held with the aim of strengthening international tourism...

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Business & Money | Sunday 25 January, 2026 12:39 pm

Urban planning, data centres cement UAE leadership in future cities

The UAE continues to consolidate its advanced model for building smart cities, underpinned by wide-ranging strategic investments, most notably in data centres, which form the operational backbone of smart urban systems and the knowledge- and innovation-based digital economy. With the rapid...

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Business & Money | Sunday 25 January, 2026 12:37 pm

Sharjah's industrial real estate market reaches AED9.24 billion in 2025

Sharjah Real Estate Registration Department revealed that Sharjah industrial real estate market has achieved unprecedented growth, with transaction values ​​rising from approximately AED4.9 billion in 2024 to over AED9.24 billion in 2025, representing an 88.7 percent increase, reflecting...

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Business & Money | Saturday 24 January, 2026 8:00 am

Municipalities Ministry: 99,000 housing product contracts for Saudi families in 2025

The Ministry of Municipalities and Housing said that its achievements in 2025 included signing 99,000 housing product contracts for Saudi households. In a post on its official X account, the ministry said it provided support to 38,000 cases through the Housing Rent Support Program last year,...

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Business & Money | Saturday 24 January, 2026 8:00 am

REGA: Non-Saudi Real Estate Ownership Law enters into force

The Real Estate General Authority (REGA) announced the entry into force of the Law of Real Estate Ownership by Non-Saudis as of today, Jan. 22. In an official statement, the authority explained that applications for real estate ownership by non-Saudis will be received through the official...

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Business & Money | Saturday 24 January, 2026 8:00 am

REGA to disclose geographic zones for non-Saudi real estate ownership in Q1 2026

The Real Estate General Authority (REGA) declared that the Law of Real Estate Ownership by Non-Saudis, which entered into force as of today, comes in line with a regulatory framework based on the Geographic Zones Document”, noting that ownership in the two holy cities of Makkah and Madinah is...

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