Business & Money | Sunday 19 October, 2025 12:58 pm

BSF plans to redeem SAR 5B sukuk

Banque Saudi Fransi (BSF) announced plans to redeem its additional Tier 1 capital sukuk worth SAR 5 billion, on Nov. 3, 2025, in full, at face value. In a statement to Tadawul, the bank said that the sukuk were issued on Nov. 3, 2020, in the aggregate face amount of SAR 5 billion, qualifying...

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Business & Money | Sunday 19 October, 2025 12:49 pm

ACWA Power, SEC reach financial close for SAR 10.8B Qurayyah IPP

Saudi Electricity Co. (SEC) and ACWA Power Co. said that Hajar Two Electricity Co., the Project Company, achieved financial close on the 3,010-megawatt (MW) Qurayyah Combined-Cycle Gas Turbine (CCGT) Independent Power Plant (IPP) expansion project in the Eastern Province of Saudi Arabia. In...

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Business & Money | Sunday 19 October, 2025 12:46 pm

du’s Internet Exchange, UAE-IX hits record-breaking peak traffic at 1 terabit per second, leading Internet Exchanges in the Middle East

 du, the leading telecom and digital services provider, today announced, through its datamena ecosystem platform, together with DE-CIX, the global leader in Internet Exchange (IX) operations, announced a major milestone for UAE-IX. The leading Internet Exchange in the Middle East has reached a ...

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Business & Money | Sunday 19 October, 2025 12:44 pm

ALMARAI, SHAHID & MMS REDEFINE BRAND STORYTELLING WITH MULTIDIMENSIONAL CONTENT INTEGRATION

In a groundbreaking demonstration of how brands can seamlessly live across multiple layers of content, Almarai, in partnership with Shahid and MBC Media Solutions (MMS), redefined brand integration with a multidimensional strategy— evolving for the first time ever from simple product placement to ...

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Business & Money | Sunday 19 October, 2025 12:34 pm

Automechanika Dubai Awards 2025 reveals finalists driving industry innovation and excellence

The fifth edition of Automechanika Dubai Awards has announced its 2025 finalists, celebrating individuals, products and organisations redefining excellence, innovation, and leadership across the Middle East’s automotive aftermarket and service industry sector. Among this year’s highlights...

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Business & Money | Sunday 19 October, 2025 12:18 pm

Dubai Ports Authority Unveils “Port Eye” as the Region’s First Smart Drone System to Boost Port Safety and Environmental Sustainability

In a pioneering step toward building intelligent and sustainable port ecosystems, the Dubai Ports Authority (DPA), part of the Ports, Customs and Free Zone Corporation (PCFC), has announced the launch of “Port Eye”, an integrated aerial monitoring system powered by autonomous drones and...

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Business & Money | Sunday 19 October, 2025 12:16 pm

DIFC and the Institute of International Finance Partner for the Inaugural Dubai Future Finance Week

 Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa, and South Asia (MEASA) region, has announced a prestigious partnership with the Institute of International Finance (IIF) for the inaugural Dubai Future Finance Week, taking place in May...

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Technology & IT | Thursday 16 October, 2025 2:53 pm

Giga Computing and KERNO Enterprises Announce Regional Service Partnership at GITEX Dubai 2025

Giga Computing Technology recognizes KERNO as the official regional service partner for GIGABYTE servers across the GCC, enhancing regional customer support and service speed. Dubai — At GITEX Dubai 2025, Giga Computing Technology Co., Ltd. (a Taiwanese company registered at No.6, Baoqiang...

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Cars & Autos | Thursday 16 October, 2025 1:42 pm

EV Auto Show Riyadh 2025 Returns for Fourth Edition, Uniting Global EV Leaders and Industry Visionaries

The EV Auto Show Riyadh 2025 is set to return for its fourth edition, reaffirming its position as the Middle East’s premier platform for electric mobility. From October 27–29, the Riyadh International Convention and Exhibition Center will host global automakers, innovators, policymakers, and...

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Technology & IT | Thursday 16 October, 2025 12:51 pm

How AI and IoT Are Enhancing Hospital Security Systems in Riyadh

Ensuring citizens and visitors have swift, secure and safe access to healthcare is central to the operation of a productive society. However, external factors like population and tourism growth can introduce significant complications that make maintaining service quality difficult. As Saudi...

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