Business & Money | Wednesday 22 October, 2025 1:45 pm

ADGM’s Numou launches ‘Procurement Financing’ initiative to enhance SME funding access

Numou, a subsidiary of ADGM, the international financial centre of Abu Dhabi, has launched Procurement Financing, a flagship initiative that enables SMEs with government or corporate contracts to seamlessly access funding. The new solution links guaranteed contract demand with accessible...

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Business & Money | Wednesday 22 October, 2025 1:41 pm

Dubai Chamber of Commerce organises 294 bilateral business meetings in Georgia

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has organised 294 bilateral business meetings between companies from Dubai and Georgia in Tbilisi, the country’s capital city. The meetings took place during the first leg of the chamber’s...

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Business & Money | Wednesday 22 October, 2025 1:39 pm

Ajman Chamber explores enhancing investments, trade exchange with Angola

Eng. Abdullah bin Mohammed Al Muwaiji, Chairman of Ajman Chamber, received Isabel Paula De Castro, Consul-General of the Republic of Angola in Dubai and the Northern Emirates, to discuss ways to enhance economic cooperation, develop reciprocal investments, and expand bilateral trade. Al...

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Business & Money | Wednesday 22 October, 2025 1:24 pm

Al-Quwaiz suggests reviewing foreign ownership next

Mohammed Al-Quwaiz, Chairman of the Capital Market Authority (CMA), said that after canceling the Qualified Foreign Investor (QFI) system and opening the main market (TASI) to all non-resident foreign investors, the next step will be reviewing foreign ownership limits, currently set at 10% per...

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Business & Money | Wednesday 22 October, 2025 1:22 pm

TDF Concludes Second Edition of the “Grow Tourism Accelerator” with 17 Startups Showcasing Innovation

The Tourism Development Fund (TDF), Saudi Arabia’s national enabler of the tourism sector, has concluded the Grow Tourism Accelerator – Second Cohort Demo Day in Riyadh. Organized by (TDF Grow), the Fund’s non-financial enablement arm, the event was held under the sponsorship of the Arab...

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Business & Money | Wednesday 22 October, 2025 1:20 pm

Arabian Dyar and MODON Sign Strategic Agreement to Develop Over 90 Ready-Made Factories in Jeddah

Arabian Dyar Real Estate Development Company has signed a strategic partnership with the Saudi Authority for Industrial Cities and Technology Zones (MODON) to develop and construct ready-made factories in Jeddah, advancing its expansion into Saudi Arabia’s industrial and logistics...

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Business & Money | Wednesday 22 October, 2025 1:18 pm

Soudah Development and FII Institute Forge Partnership to Advance Strategic Investments

 Soudah Development – a Public Investment Fund (PIF) company spearheading the transformation of Soudah and parts of Rijal Almaa into a world-class luxury mountain tourism destination in the Aseer region – has announced today a strategic partnership with the Future Investment Initiative...

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Business & Money | Wednesday 22 October, 2025 1:16 pm

RAKEZ Legal Department earns regional recognition at the Legal Era Middle East Law Awards 2024-25

Ras Al Khaimah Economic Zone (RAKEZ) was honoured with an award in the In-House Legal Team – Small category at the Legal Era Middle East Law Awards 2024-25, a prestigious regional platform that recognises excellence and innovation in the legal sector. This recognition reflects the legal...

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Business & Money | Wednesday 22 October, 2025 9:26 am

MIS wins 2 projects worth SAR 151.9M from SDAIA

Al Moammar Information Systems Co. (MIS) said it bagged two projects from the Saudi Data & AI Authority (SDAIA) worth SAR 151.9 million, inclusive of value-added tax (VAT). The first project aims to deliver IT products and services compatible with the National Information Center’s...

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Business & Money | Tuesday 21 October, 2025 11:21 am

Financial Audit Authority, Judicial Inspection Authority boost cooperation

The Financial Audit Authority (FAA) has signed a Memorandum of Understanding with the Judicial Inspection Authority in Dubai to strengthen cooperation in governance, accountability, and institutional performance. The MoU outlines several key areas of cooperation between the two entities,...

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