Business & Money | Thursday 19 March, 2026 9:20 am

Industry Minister says private sector key to tackling challenges

Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar Alkhorayef, said the leadership is committed to supporting and empowering the private sector as a key partner in economic development. This also aims to address challenges to ensure business...

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Business & Money | Monday 16 March, 2026 2:36 pm

Nigus and Elmirate announce $200m initiative to support Africa’s security sector

Nigus and Elmirate sign a strategic agreement to invest up to $200 million in building advanced defense, satellite and technology manufacturing capabilities in Nigeria.Abuja, Nigeria — Nigus International Investment Limited and Elmirate Investment LLC (Elmirate Capital) have signed a strategic...

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Business & Money | Friday 13 March, 2026 12:47 pm

BROXO Introduces Brand Update Across Water Treatment Markets

BROXO, one of Europe’s leading brands in high-quality water treatment salt, announces a comprehensive brand refresh, reaffirming its position as a trusted partner in water softening applications for nearly a century. Amersfoort - BROXO is part of Hengelo Salt Specialties and Mariager Salt...

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Business & Money | Thursday 12 March, 2026 4:07 pm

SIIG signs agreements with Shareek, Investment Ministry to enable bio-protein production

Under the patronage of the Ministry of Energy, Saudi Industrial Investment Group (SIIG) signed an agreement to join project enablement programs with the Shareek Program, which promotes partnerships with the private sector. It also signed an agreement with the Ministry of Investment to enable...

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Business & Money | Thursday 12 March, 2026 2:54 pm

Umm Al Qura for Development & Construction Launches Operational Phase to Prepare Masar Destination to Welcome Makkah’s Visitors

Umm Al Qura for Development & Construction Company, the owner, developer, and operator of Masar Destination, has announced the launch of the destination’s initial operational phase, including the pilot opening of selected services and features. This step forms part of the company’s...

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Business & Money | Tuesday 10 March, 2026 6:01 pm

AYYAN gets SAR 300M credit facility from SNB

Ayyan Investment Co. obtained today, March 10, a Shariah-compliant credit facility (commercial Murabaha) worth SAR 300 million from Saudi National Bank (SNB) at competitive rates. In a statement to Tadawul, the company said the financing has a 10-year term, including a three-year grace period, ...

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Business & Money | Tuesday 10 March, 2026 5:56 pm

Aramco ops flexible to handle disruption; demand to grow in 2026: CEO

Saudi Aramco President and CEO Amin Nasser said the oil giant has significant operational resilience and advanced contingency plans that enable addressing any potential disruption and ensure reliable supplies to its customers in spite of geopolitical developments.Commenting on Aramco's latest...

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Business & Money | Tuesday 10 March, 2026 5:51 pm

King Salman Park awards residential-focused project to Retal-led alliance

King Salman Park Foundation awarded the fourth package of its investment program to a consortium led by Retal Urban Development Co. to develop a mixed-use project with a residential focus in the heart of the park’s cultural district, as part of the foundation’s broader real estate investment...

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Business & Money | Sunday 8 March, 2026 10:55 am

2PointZero Group completes majority acquisition in Italy-based ISEM Packaging Group for AED 704 million

2PointZero Group PJSC (ADX: 2PointZero), a next-generation investment powerhouse focused on energy and consumer sectors, announced today that it has formally completed the transaction to acquire a majority position in ISEM, a leading European packaging group serving beauty, fashion, luxury,...

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Business & Money | Sunday 8 March, 2026 10:31 am

11th Dubai International Project Management Forum issues 31 recommendations

Participants at the 11th Dubai International Project Management Forum, held from 12th to 15th January 2026 and organised by Dubai’s Roads and Transport Authority (RTA) in collaboration with DP World, Dubai Electricity and Water Authority (DEWA), Emaar Properties and the Project Management...

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