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

‎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...

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Business & Money | Thursday 6 August, 2026 8:00 am

New gov’t tenders law to balance opportunities, contractual dealings: Al-Jadaan

Minister of Finance Mohammed Al-Jadaan said the new Government Tenders & Procurement Law represents a key step in developing government tendering and procurement practices by enhancing governance and transparency, improving the efficiency of planning and execution, and promoting clarity,...

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Business & Money | Thursday 6 August, 2026 8:00 am

Emirates, South African Airways expand codeshare partnership

Emirates and South African Airways (SAA) on Wednesday announced an expansion of their codeshare partnership, enabling access to nine cities and establishing the start of a reciprocal codeshare agreement between both carriers. The expanded partnership opens more destinations across central and...

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Business & Money | Thursday 6 August, 2026 8:00 am

IHC reports strong H1 2026 performance, with revenue rising 34.5% to AED64.9 billion, profit after tax

IHC today announced its financial results for the six-month period ended 30th June 2026. IHC reported revenue of AED64.9 billion, representing an increase of 34.5% year-on-year, while profit after tax reached AED26.2 billion, compared with AED8.9 billion in the corresponding period of 2025. Gross...

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Business & Money | Thursday 6 August, 2026 8:00 am

Salik’s H1 2026 revenue reaches AED1.41 billion

Salik Company PJSC (“Salik” or the “Company”), the exclusive operator of toll gates in Dubai, today announced its financial results for the three-month and six-month periods ended 30 June 2026 (“Q2 2026” and “H1 2026”). Total revenue for H1 2026 reached AED1,412.0 million, while...

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Business & Money | Thursday 6 August, 2026 8:00 am

UAE Chambers, Zimbabwe explore stronger trade, investment cooperation

Humaid Ben Salem, Secretary General of UAE Chambers, has discussed ways to strengthen economic cooperation and enhance engagement between the private sectors of the UAE and Zimbabwe during a meeting at the Federation's HQ in Dubai with Isaac Ananias Moyo, the Ambassador of the Republic of Zimbabwe...

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Business & Money | Thursday 6 August, 2026 7:30 am

Al-Hogail: Subsidized housing land changes expand supply, private sector partnership

Saudi Cabinet's approval of amendments to Resolution No. 200 on the development of planned land allocated to subsidized housing programs will strengthen public-private partnerships, increase housing supply, and support the provision of housing units for beneficiaries of developmental housing...

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Business & Money | Wednesday 5 August, 2026 1:33 pm

When Asset Forfeiture Reaches a Child's Savings Account: The Yim Leak Case and the Proportionality Question

More than USD600 million frozen from a single USD150,000 currency exchange transfer. A six-year-old's savings account summoned by enforcement officials. A press conference held a year before any criminal charges. The proceedings raise questions that reach beyond one businessman or one country.These ...

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Business & Money | Wednesday 5 August, 2026 8:00 am

The UK-Saudi Real Estate Exhibition Passes £107 Million as Day Two Adds £41.9 Million and Six New Agreements

London, 3 August 2026 — The UK-Saudi Real Estate Exhibition recorded a further £41.9 million in property sales and reservations on its second day, bringing the two-day total to more than £107.6 million. A further 550 visitors attended on Monday, lifting total attendance past 1,450, as the...

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Business & Money | Wednesday 5 August, 2026 8:00 am

Hamad Bin Saedan awards SAR 19.8M residential project contract

Hamad Mohammed Bin Saedan Real Estate Co. awarded the HS Residences 2 residential project in Al Arid district to Abaad Almamar Contracting Co. The project aims for the construction of 60 residential units, with a total value of SAR 19.78 million (excluding VAT). In a statement to...

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Business & Money | Wednesday 5 August, 2026 8:00 am

Cenomi Centers says Westfield Jeddah begins operations

Arabian Centres Co. (Cenomi Centers) announced the completion of its Westfield Jeddah project, the receipt of its occupancy certificate, and the official launch of the on-site operational phase on July 30. In a statement to Tadawul today, Aug. 4, the company said the project had achieved...

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