About FP Markets Source: https://www.fpmarkets.com/ Marking two decades of operation provides context for how FP Markets frames its role in online trading today. The focus rests on operational maturity and the direction the broker sets for the period ahead. The milestone depicts how...
The Council of Ministers’ recognition of the Real Estate Future Forum underscores the Forum’s role as a national platform for alignment, partnership, and measurable impact — translating dialogue into outcomes that advance the sector’s developmental...
Dubai’s Roads and Transport Authority (RTA) generated AED5.3 billion in revenue through digital channels in 2025, marking a 20.6 percent increase compared to 2024, reflecting growing adoption of digital services across its operations. Transactions completed through digital channels exceeded...
Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), announced that DEWA commissioned 1,994 new 11kV substations in 2025, compared to 1,530 in 2024, representing an increase of more than 30 percent. Al Tayer said DEWA continues to expand and develop its...
The Royal Commission for Makkah City and Holy Sites (RCMC) awarded six urban development sites in Makkah, covering a total area of more than 2.7 million square meters (sqm), with a combined value of SAR 13.3 billion. In a statement published on X, the commission said the projects are part of a ...
Paying by bringing a card, smartphone, or watch close to the payment terminal may seem like an insignificant gesture: a beep, one (or several) green lights, and the purchase is done. But behind that single second lies a chain of technologies, standards, and controls that connect the merchant, the...
How Dinero Pay Strengthened Its Payment Infrastructure for Saudi Arabia’s Growing Digital Economy Saudi Arabia’s payments market is evolving quickly as merchants and consumers shift toward mobile wallets, alternative payment methods, and faster digital checkout experiences. For payment...
Saudi Aramco and Petroliam Nasional Berhad (PETRONAS) today signed an agreement for the transfer of Aramco’s equity stakes in Pengerang Refining Company Sdn. Bhd. and Pengerang Petrochemical Company Sdn. Bhd. (collectively, “PRefChem”), located within the Pengerang Integrated Complex,...
Saudi Arabia is set to begin the Riyadh cooling project next year, to reduce asphalt and wall temperatures by 8-15°C through urban cooling technologies, Al Eqtisadiah newspaper reported.The project is pending completion of studies as well as final approvals. It aims to address heat islands across...
The GCC Interconnection Authority (GCCIA) has expanded from an internal GCC project into a strategic regional interconnection platform studying projects with neighboring countries, CEO Ahmed Al-Ebrahim told the Kuwait TV.GCCIA also acts as a regional coordinator for the Arab Common Electricity ...
The total number of pilgrims performing Hajj this year reached 1.71 million.According to the General Authority for Statistics (GASTAT), 1.5 million pilgrims arrived from outside the Kingdom, while the number of domestic pilgrims, including Saudi citizens and residents, stood at 160,650.Male...
Kingdom Holding Co. (KHC) said its combined stake with Prince Alwaleed bin Talal’s private office in SpaceX stands at 0.63%, with the holding valued at $8.32 billion based on a company valuation of about $1.25 trillion.KHC told Asharq Business with Bloomberg that the stake’s value could rise to ...
