Environment & Energy | Friday 31 October, 2025 9:40 am

Aljomaih Energy and Water-led consortium achieves financial close for Jubail–Buraydah Water Transmission Project

SAR 8.5 billion independent pipeline project finalized in partnership with Buhur Investment Company and Nesma Group Aljomaih Energy and Water Company, in partnership with Buhur Investment Company and Nesma Group, announced the successful financial close of the Jubail–Buraydah Independent...

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Business & Money | Thursday 30 October, 2025 2:51 pm

ADNOC, Microsoft Powering Possible report: 88% of surveyed leaders say AI is essential to energy transformation

ADNOC and Microsoft today released the second edition of the Powering Possible report, highlighting the opportunities and challenges of AI adoption in the energy sector. More than 850 global experts across energy, technology, AI, academia and finance – including leaders from OpenAI,...

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Business & Money | Thursday 30 October, 2025 2:49 pm

TAQA announces sale of 250 MW Lignite-Based Power Plant in India

Abu Dhabi National Energy Company PJSC (TAQA) announced today the divestment of its 100 percent stake in TAQA Neyveli Power Company Private Limited (TAQA Neyveli) to MEIL Energy Private Limited, an affiliate of Megha Engineering & Infrastructures Limited (MEIL), an India-headquartered, large...

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Business & Money | Thursday 30 October, 2025 2:45 pm

UAE reiterates commitment to GCC economic cooperation

Abdullah bin Touq Al Marri, Minister of Economy and Tourism, headed the UAE delegation participating in the 69th meeting of the GCC Committee for Commercial Cooperation, held in Kuwait. The meeting discussed a range of topics aimed at strengthening economic and investment cooperation among...

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Business & Money | Thursday 30 October, 2025 2:43 pm

Abu Dhabi Investment Office to host DRIFTx 2025 in November

The Abu Dhabi Investment Office (ADIO) will host the second edition of DRIFTx, the emirate’s leading international exhibition showcasing the next generation of smart and autonomous mobility solutions, from 10th to 12th November. Held as part of the inaugural Abu Dhabi Autonomous Week (ADAW)...

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Business & Money | Thursday 30 October, 2025 2:36 pm

ADREC partners to advance blockchain in Abu Dhabi real estate

The Abu Dhabi Real Estate Centre (ADREC) today announced the signing of a strategic Memorandum of Understanding (MoU) with Technology Innovation Institute, VentureOne, Finstreet Limited, ADI DLT Foundation, and Advanced Real Estate Services. This landmark agreement establishes a comprehensive...

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Business & Money | Thursday 30 October, 2025 2:24 pm

Northern Trust, PIF deepen partnership to advance Saudi capital markets

Northern Trust Asset Management, a global leader in investment management, and the Public Investment Fund (PIF) expanded their strategic partnership to support the growth and development of Saudi Arabia’s capital markets and asset management sector. The partnership now includes a new...

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Business & Money | Thursday 30 October, 2025 2:14 pm

BlackRock and PIF Continue Strategic Growth of BlackRock Riyadh Investment Management Platform

Today at the PIF Asset Management Forum, held on the sidelines of the Future Investment Initiative 9th Edition (FII9) in Riyadh, BlackRock Saudi Arabia (BlackRock) and PIF unveiled new mutual funds across asset classes available to both local and global investors through BlackRock Riyadh Investment ...

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Business & Money | Thursday 30 October, 2025 2:01 pm

Supply Chain Challenges Impact 32% of Middle Eastern Executives

Global Supply resilience has made its way back to CEO and Boardroom agendas, with 32% of executives citing they have encountered supply chain challenges. Lack of internal expertise in capital expenditure (CAPEX) procurement and ESG considerations, coupled with product shortages and supplier...

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Business & Money | Thursday 30 October, 2025 1:59 pm

A new Report Charts Pathway for Saudi Arabia to Lead Regional Alzheimer’s Disease Care

Economist Impact, commissioned by Lilly, today launched a strategic roadmap for Saudi Arabia to become a regional and global leader in Alzheimer’s disease care, supporting the Kingdom’s Vision 2030 reforms.  Saudi Arabia has already introduced several initiatives aiming to improve...

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