Business & Money | Wednesday 14 January, 2026 3:57 pm

Mining ‘profitable sector,’ key to economic diversification: Al-Falih

Minister of Investment Khalid Al-Falih said mining is a profitable sector, citing the robust performance and profitability of Saudi Arabian Mining Co. (Maaden), adding that the market has rewarded the company through its share price. Speaking during a session at the Future Minerals Forum,...

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Business & Money | Wednesday 14 January, 2026 3:51 pm

PIF, RSAH sign initial terms for aluminum complex

The Public Investment Fund (PIF) signed today, Jan. 14, preliminary terms with Red Sea Aluminium Holdings (RSAH) to develop an advanced, fully integrated aluminum complex in Yanbu, western Saudi Arabia. RSAH is a joint venture between Innovation Global Industries, Innovation New...

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Business & Money | Tuesday 13 January, 2026 2:42 pm

Abu Dhabi hosts fourth UAE–France High-Level Business Council plenary meeting

The UAE-France High-Level Business Council convened its fourth plenary meeting in Abu Dhabi today. The meeting was co-chaired by Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, Managing Director and Group CEO of ADNOC, and Patrick Pouyanné, Chairman and CEO of...

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Business & Money | Tuesday 13 January, 2026 2:29 pm

Build Your House Saudi & Inspire for Home KSA Launch in Riyadh — Bringing Qatar’s Premier Home & Lifestyle Exhibitions to the Kingdom

Nextfairs, the region’s leading event management company, proudly announces the official launch of Build Your House Saudi and Inspire for Home KSA — two flagship exhibitions running concurrently in Saudi Arabia for the first time. Following seven highly successful editions in Qatar —...

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Business & Money | Tuesday 13 January, 2026 12:49 pm

DP World, Pakistan Railways, NLC break ground on Pipri Freight Corridor & Multimodal Logistics Park

DP World, Pakistan Railways and National Logistics Corporation (NLC) have begun construction on the Dedicated Freight Corridor and Multimodal Logistics Park at Pipri, following a groundbreaking ceremony held at the site. The project is designed to strengthen cargo connectivity between...

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Business & Money | Tuesday 13 January, 2026 12:46 pm

Abu Dhabi Sustainability Week Summit 2026 opens

The Abu Dhabi Sustainability Week Summit 2026 opened today at the ADNEC Centre Abu Dhabi, as the flagship event of the week. The two-day summit convenes countries’ leaders, prime ministers and government officials, as well as business leaders, investors and innovators. The summit's...

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Business & Money | Tuesday 13 January, 2026 12:38 pm

Ras Al Khaimah property market records strong growth

Ras Al Khaimah’s real estate market recorded strong growth in 2025, driven by rising demand for integrated residential and tourism developments, according to a market report. Al Hamra Village coastal community posted robust performance in the villa segment, with the average price per square...

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Business & Money | Tuesday 13 January, 2026 12:36 pm

DarGlobal launches SAR 3.75B Trump Plaza Jeddah project

DarGlobal launched the Trump Plaza Jeddah project, marking its third collaboration with the Trump Organization in Saudi Arabia. The project is valued at more than SAR 3.75 billion ($1 billion). The company said in a statement that the project enjoys a strategic location within the AMAYA...

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Business & Money | Tuesday 13 January, 2026 10:59 am

Arabian Drilling extends 3 land rig contracts with Aramco for SAR 1.4B

Arabian Drilling Co. signed today, Jan. 13, three contract extensions for land rigs with a total value of SAR 1.4 billion, adding 25 rig years to its backlog, according to a statement to Tadawul. One rig is operational, the second will start operations by the end of January, and the third is...

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Business & Money | Tuesday 13 January, 2026 10:07 am

Mouwasat approves new hospital project worth SAR 900M in Riyadh

Mouwasat Medical Services Co.’s board of directors approved today, Jan. 12, the establishment of a new hospital in Riyadh’s Al-Narjis district. The new hospital will encompass 280 beds and specialized medical centers, at a total cost of SAR 900 million, according to a statement to...

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