Business & Money | Thursday 11 June, 2026 9:07 am

RAKEZ joins forces with Mohammed bin Rashid Innovation Fund to strengthen support for innovators and high-potential businesses

Ras Al Khaimah Economic Zone (RAKEZ) entered into a strategic partnership with the Mohammed bin Rashid Innovation Fund (MBRIF), a federal initiative launched by the Ministry of Finance, to strengthen support for innovators, startups, and growth-stage businesses within its ecosystem. The...

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Business & Money | Thursday 11 June, 2026 9:03 am

Deloitte Middle East launches Tax Operate to help organizations strengthen compliance and modernize tax operations

Deloitte Middle East has announced the launch of Tax Operate in the region, a new offering designed to help organizations manage and transform their tax functions through scalable, technology-enabled operating models. As tax environments become more complex and regulatory expectations continue ...

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Business & Money | Thursday 11 June, 2026 9:02 am

Ahmad Bin Shafar Receives ASHRAE Delegation to Review Progress on the Development of a Global District Cooling Standard

His Excellency Ahmad Bin Shafar, Chief Executive Officer of the Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, received a delegation from the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) at ...

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Business & Money | Thursday 11 June, 2026 8:59 am

Dubai Holding Real Estate and Commercial Bank of Dubai launch home financing programme for Nakheel, Meraas and Dubai Properties customers

Dubai Holding Real Estate, one of Dubai’s largest integrated master developers, has partnered with Commercial Bank of Dubai (CBD) to launch a new home financing programme for eligible customers purchasing properties across Nakheel, Meraas and Dubai Properties. The programme is available to...

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Business & Money | Wednesday 10 June, 2026 8:12 am

Global Broker XM Introduces Mutual Rewards for Traders and Their Friends

 Refer a Friend program introduces upgraded rewards for both new and existing XM clients. With a global database of over 20 million clients, XM, also known as XM Arabia, is no stranger to high-value bonuses and promotions. The broker is now launching a new initiative boosting rewards ...

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Business & Money | Wednesday 10 June, 2026 7:52 am

Saudi Arabia, Türkiye Sign Two MoUs to Enhance Logistics and Railway Cooperation

Minister of Transport and Logistic Services Saleh Al-Jasser held talks today at the ministry's headquarters in Riyadh with Türkiye's Minister of Transport and Infrastructure Abdulkadir Uraloğlu, who is visiting the Kingdom at the head of a high-level delegation.Following the meeting, the Kingdom...

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Business & Money | Wednesday 10 June, 2026 7:48 am

Alkhorayef explores refining, manufacturing cooperation in Kazakhstan

Saudi Arabia's Minister of Industry and Mineral Resources, Bandar Alkhorayef, said he discussed opportunities for cooperation in refining and manufacturing during his visit to Kazakhstan, aiming to strengthen the Kingdom's position in the global precious metals sector. In a post on X,...

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Business & Money | Wednesday 10 June, 2026 7:40 am

Saudi Arabia, Turkey sign MoUs on logistics, rail connectivity

Saudi Arabia and Turkey signed two memoranda of understanding (MoUs) on Tuesday covering logistics services and railway connectivity. Speaking on the sidelines of his meeting with his Turkish counterpart, Saudi Minister of Transport Saleh Al-Jasser said the two sides discussed ways to...

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Business & Money | Wednesday 10 June, 2026 7:38 am

Budget Saudi detects limited customer data breach on app

United International Transportation Co. (Budget Saudi) has detected a cybersecurity incident involving unauthorized access to a limited portion of data belonging to certain customers through the company’s mobile application. In a statement on Tadawul, the company said it immediately...

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Business & Money | Wednesday 10 June, 2026 7:36 am

24 companies, consortia qualify to compete for exploration licenses in 3 mineralized belts: MIMR

The Ministry of Industry and Mineral Resources (MIMR) said 24 local and international companies and consortia have qualified to compete for exploration licenses across three mineralized belts.   This follows the completion of technical and financial evaluation and review processes,...

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