Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region has invested in Zodia Custody, a prominent institution-first digital asset custodian. The strategic equity investment was made by Emirates NBD’s Innovation Fund, the bank’s corporate...
The Kingdom of Saudi Arabia proudly announces its selection as the host nation for the 2034 FIFA World Cup. In a landmark development, the New Murabba Stadium in Riyadh is set to play a central role in this global sporting event. The New Murabba Stadium will be one of 15 premier venues for...
At the Ras Al Khaimah Investment and Business Summit, held on December 10th and 11th at the Al Hamra International Exhibition & Conference Center, H.E. Abdulla Al Saleh, Undersecretary at the UAE Ministry of Economy, highlighted the transformative economic reforms that have strengthened the...
Pride and Property LLC, a UAE-based boutique real estate firm, has successfully facilitated a landmark land transaction valued at approximately AED 350 million. The plot, located in the prime Business District along Sheikh Zayed Road, is set to host a striking new tower that will redefine Dubai’s ...
The World Gold Council expects gold prices to rise at a slower pace in 2025, after notching some record-breaking levels this year. In a report issued today, Dec. 12, the council explained that the yellow metal’s prices have so far climbed by more than 30% this year. However, next ...
The value of LSE-listed Dar Global Real Estate Co.'s projects since entering the Saudi market two months ago amounts to SAR 2.8 billion, as it targets investment in major cities with high demand from various nationalities, said CEO Ziad El Chaar, in an interview with Argaam. The favorable...
The Saudi Electricity Company (SEC) announced today, the signing of a $3.6 billion international syndicated financing agreement (equivalent to 13.5 billion SAR) with leading global and regional banks. The participating financial institutions include Industrial and Commercial Bank of China (ICBC),...
Saudi Cable Co.’s branch in the Kingdom of Bahrain signed yesterday, Dec. 11, contracts for two projects at a total value of SAR 64.75 million. In two separate statements to Tadawul, the company said the two contracts include turnkey projects, for the extension, installation and...
CODE81, a leading technology services provider, has announced the launch of its Riyadh office, marking a key milestone following its strategic spin-off from Gulf Business Solutions (GBS). This move allows CODE81 to sharpen its focus on delivering advanced digital transformation solutions...
Sweid & Sweid has awarded the construction contract for Sweid One, its AED 730 million Grade-A office development in Jumeirah Lakes Towers (JLT), to Dutco Construction. As a leading contractor known for major projects such as the Dubai Mall, Box Park and Marina Heights Tower, Dutco Construction ...
