Business & Money | Wednesday 19 November, 2025 1:28 pm

Partnership between former Prime Minister of the United Kingdom and the Real Estate Future Forum

As part of preparations for the fifth edition of the Real Estate Future Forum, taking place in May 2025, Forum officials met in London with Baroness Theresa May, former Prime Minister of the United Kingdom and member of the House of Lords. The meeting was held during an international tour aimed at...

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Business & Money | Wednesday 24 December, 2025 9:27 am

Empower: Sustainable district cooling systems underpin Dubai’s new vertical expansion

Dubai continues to consolidate its position as one of the world’s most advanced cities in urban planning, guided by a comprehensive vision that extends beyond constructing skyscrapers to encompass smart infrastructure designed to support growth efficiently and sustainably. As vertical expansion...

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Business & Money | Wednesday 24 December, 2025 9:25 am

‘Future Partners’ helps turn innovative ideas into real projects

The Sharjah Economic Development Department hosted a "Future Partners" event at the Sharjah Holy Quran Academy. The session aimed to create chances for collaboration and build new partnerships among investors in the commercial and industrial sectors. The event provided a welcoming space...

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Business & Money | Wednesday 24 December, 2025 9:21 am

IHC strengthens digital services portfolio with majority acquisition of Peko Holdings

IHC Tuesday announced that it has successfully acquired a 70% stake in Peko Holdings Limited, a technology-driven company delivering an integrated digital platform designed to simplify and automate core business operations. Peko is an all-in-one digital platform purpose-built to help...

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Business & Money | Wednesday 24 December, 2025 9:15 am

Red Sea signs SAR 202.8M services contract for Trojena project

Red Sea International Co. signed today, Dec. 23, a contract with Webuild S.p.A. to provide integrated facilities management services (operations and maintenance) for the Trojena project (NEOM), valued at SAR 202.8 million, excluding value-added tax (VAT). In a statement to Tadawul, the company ...

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Business & Money | Wednesday 24 December, 2025 9:09 am

Cabinet: Saudi-Qatar electric rail to boost tourism, economy

Saudi Arabia’s Cabinet affirmed, in a session held today, Dec. 23, chaired by King Salman bin Abdulaziz, that the high-speed electric railway project linking the Kingdom and Qatar will support mobility and enhance tourism and economic activity. The Cabinet said the project will become one of ...

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Business & Money | Wednesday 24 December, 2025 9:06 am

MIS wins project with HUMAIN worth over 155% of 2024 revenues

Al Moammar Information Systems Co. (MIS) secured today, Dec. 23, a project to design and build a private data center dedicated to artificial intelligence (AI) technologies with HUMAIN Co. The project’s value exceeds 155% of MIS’ total revenues for 2024, including value-added tax (VAT),...

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Environment & Energy | Wednesday 24 December, 2025 7:08 am

US crude inventories add 2.4M barrels: API

The American Petroleum Institute (API) said early today, Dec. 24, that US crude oil inventories increased by 2.39 million barrels in the week ended Dec. 19. The data showed that gasoline inventories also rose by 1.1 million barrels last week, while distillate stocks added 685,000...

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Business & Money | Tuesday 23 December, 2025 4:02 pm

Aljazira Bank Launches Its New Brand Identity Under the Slogan “Wealth Grows Here”

Aljazira Bank announced the launch of its new brand identity under the slogan “Wealth Grows Here,” marking a natural evolution in a growth journey spanning more than five decades. Over the years, successive phases of transformation have shaped the Bank into what it is today, with the new...

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Government | Tuesday 23 December, 2025 3:21 pm

SAMA issues fees guide for financial institutions’ services

The Saudi Central Bank (SAMA) announced issuing the “Fees Guide for Financial Institutions' Services", which will replace the currently applicable “Banking Tariff" once it enters into force.   This step comes as part of SAMA's supervisory and regulatory role and its ongoing...

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Business & Money | Tuesday 23 December, 2025 1:34 pm

Sharjah Coop Adopts LEAFIO Solutions to Enhance Space Efficiency and Automate Merchandising Processes

Sharjah Coop has signed a strategic cooperation agreement with LEAFIO, a global provider of AI-powered retail solutions specializing in automation platforms, supply chain optimization, and in-store merchandising management. This step reinforces the Coop’s ongoing commitment to strengthening its...

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