Business & Money | Tuesday 28 October, 2025 12:46 pm

Tabreed secures AED1.8 billion new debt facility to support investment

Tabreed, the leading district cooling company, today announced the successful raising of AED1.8 billion new bank debt to support its strategic growth initiatives and optimise its capital structure. The new loan is part of Tabreed’s plans to finance the company’s capital needs and diversify ...

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Business & Money | Tuesday 28 October, 2025 12:36 pm

Time to cut govt, PIF spending, let pvt sector invest: Minister

Saudi Arabia should now scale back the spending by the government and the Public Investment Fund (PIF) and allow the private sector to take the lead in investment, said Minister of Investment Khalid Al-Falih. Many largescale projects that require substantial expenditure have now reached an...

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Business & Money | Tuesday 28 October, 2025 12:34 pm

Cigna International Health Study 2025: UAE Emerges as a Global Leader in Vitality, Well-Being, and Health Innovation

 The UAE has once again demonstrated its leadership in health and well-being, achieving a Vitality score of 73.3 and Overall Well-Being score of 70%, placing it second in the world in the latest Cigna International Health Study 2025, released today by Cigna Healthcare. The findings of the...

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Business & Money | Tuesday 28 October, 2025 12:32 pm

CMA Approves Amendments to Investment Accounts Instructions to Strengthen Foreign Investor Access and Enhance Market Efficiency

The Capital Market Authority (CMA) of Saudi Arabia has approved a set of amendments to the regulatory framework governing the procedures for opening and operating investment accounts. These changes aim to facilitate access for a broader base of foreign investors and align with the Kingdom's...

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Business & Money | Tuesday 28 October, 2025 12:29 pm

Intersec Saudi Arabia 2025 concludes with record exhibitor participation and strong industry engagement

Intersec Saudi Arabia, which took place at the Riyadh International Convention and Exhibition Centre (RICEC) from September 29 to October 1, showcased a significant increase in scale and international presence, featuring a record-breaking 434 exhibitors from 40 countries.  Held under the...

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Business & Money | Tuesday 28 October, 2025 12:27 pm

UAE Families Among Top Global Adopters of AI and Digital Assets

Standard Chartered Global Private Bank today released its research findings on ultra-high-net-worth (UHNW) families, revealing 71% of UAE families believe they should strategically invest in digital assets such as cryptocurrencies, NFTs or tokenised traditional assets, compared with 69% globally....

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Business & Money | Tuesday 28 October, 2025 12:25 pm

Four Smart Financial Projects by Ajman Finance Leave Lasting Impact and Honour Strategic Partners

The Department of Finance in Ajman has showcased four smart financial projects that are transforming the way individuals and businesses engage with government services. Launched through the AjmanPay platform during GITEX Global 2025, these initiatives include the Advanced Individual Prepaid Card,...

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Business & Money | Tuesday 28 October, 2025 12:22 pm

The 8th edition of the Global Health Exhibition opens its doors today in Riyadh, Saudi Arabia

Global Health Exhibition (GHE) officially opened its doors today in Riyadh, marking the launch of its 8th edition. Today H.E. Fahad bin Abdulrahman Aljalajel, Minister of Health for Saudi Arabia announced that Global Health Exhibition 2025 is set to host agreements of more than $33 billion USD,...

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Business & Money | Monday 27 October, 2025 11:50 am

Lana bags SAR 5.6M project with Saudi Red Crescent

Lana Medical Co. was awarded a SAR 5.6 million contract by the Saudi Red Crescent Authority to dispose of hazardous healthcare waste at emergency centers across the Kingdom, according to a statement to Tadawul. The three-year project will begin following the signing of the contract and...

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Business & Money | Monday 27 October, 2025 10:46 am

Building a Future Ready Workforce Starts with Vision

Event: HR Summit & ExpoPanel: Effective Strategies for Upskilling and Reskilling Your Team to Meet Future DemandsDate: Thursday, 23 October 2025Spokesperson: Nataliia Volosovych, Director of People & Culture, PMI At this year’s HR Summit and Expo in Dubai, the conversation around...

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