27 Safar 1448 - 12 August 2026
    
Sign-up for newsletter
Eye of Riyadh

‎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
Business & Money | Sunday 8 February, 2026 10:57 am
‎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...
ADNOC's listed companies deliver $25.3 billion in H1 2026 revenue as major growth projects advance
Business & Money | Wednesday 12 August, 2026 5:31 pm
ADNOC’s listed companies delivered combined revenue of $25.3 billion (AED93.0 billion) in the first half of 2026, while advancing a series of major growth investments that strengthen the earnings outlook across the portfolio. Collectively, ADNOC Distribution, ADNOC Drilling, ADNOC Gas, ADNOC ...
Ras Al Khaimah real estate transactions reach AED2.89 billion in H1 2026
Business & Money | Wednesday 12 August, 2026 5:29 pm
The Lands and Properties Sector at Ras Al Khaimah Municipality recorded real estate transactions worth around AED2.89 billion from January to June 2026, comprising sales, mortgages and waivers. Data showed that property sales reached AED1.353 billion across 1,274 transactions, while registered ...
DEWA reports record AED3.33 billion net profit in H1
Business & Money | Wednesday 12 August, 2026 5:24 pm
Dubai Electricity and Water Authority (DEWA) today reported its first-half 2026 consolidated financial results, recording record half-year revenue of AED14.86 billion, EBITDA of AED7.32 billion, operating profit of AED4.07 billion and net profit of AED3.33 billion. Saeed Mohammed Al Tayer,...
AWPT signs SAR 101.3M contract with NWC
Business & Money | Wednesday 12 August, 2026 5:03 pm
Alkhorayef Water and Power Technologies Co. (AWPT) signed a SAR 101.32 million, excluding VAT, contract with National Water Co. (NWC) to operate and maintain water and wastewater networks in Al Khobar. AWPT had won the 36-month contract in July, and received it with all due signatures on Aug....
SAB Invest Launches Global Select Equity Fund to Provide Investors with Access to Global Growth Opportunities
Business & Money | Wednesday 12 August, 2026 4:58 pm
SAB Invest today announced the launch of the SAB Invest Global Select Equity Fund, a new open-ended, Shariah-compliant public fund designed to provide investors with access to a concentrated portfolio of exceptional global companies expected to benefit from long-term structural growth trends...
XM launches GOLD24-7, bringing weekend gold trading to its clients
Business & Money | Tuesday 11 August, 2026 7:16 pm
XM, also known as XM Arabia, has introduced GOLD24-7, a new Gold trading instrument that gives traders access to Gold markets seven days a week. Unlike traditional Gold CFDs, which follow standard market hours, GOLD24-7 allows traders to continue trading Gold over the...
Dubai Investments records 29% increase in H1 2026 profit before tax to AED 702.8 million
Business & Money | Tuesday 11 August, 2026 4:22 pm
Dubai Investments reported a profit before tax for the six-month period ended 30 June 2026 of AED 702.8 million, representing a 29% increase compared to AED 546.3 million during the corresponding period in 2025. Profit after tax attributable to the owners of the Company increased by 28% to AED...
ADNOC L&S posts record Q2 net profit of US$951 million
Business & Money | Tuesday 11 August, 2026 4:20 pm
ADNOC Logistics and Services plc (ADNOC L&S), today reported record second quarter (Q2) and first-half (H1) 2026 results, surpassing market expectations and demonstrating resilience and operational strength underpinned by strong performance from services supporting the delivery of energy from...
ADI Chain, Shipfinex to establish first regulated tokenised maritime asset class
Business & Money | Tuesday 11 August, 2026 4:17 pm
ADI Chain and Shipfinex have entered an exclusive partnership to establish the first regulated, institutional-grade tokenised maritime asset class, creating a new on-chain market for vessel-backed finance, charter-linked income and economic interests in ships. Maritime Asset Tokens developed...
Al Etihad Payments, UnionPay International to enable global acceptance of 'Jaywan' mono-badged cards
Business & Money | Tuesday 11 August, 2026 4:15 pm
Al Etihad Payments (AEP), the owner and operator of the national switch and "Jaywan" domestic card scheme, has signed a Memorandum of Understanding (MoU) with UnionPay International to facilitate the global acceptance of "Jaywan" mono-badged cards through the UnionPay network. Under this...
ADD TO EYE OF Riyadh
MOST POPULAR