Business & Money | Thursday 3 September, 2026 1:44 pm

Saudi Ministry of Investment signs deal to localize offshore drilling rig manufacturing

The Ministry of Energy said the Ministry of Investment and Saudi Aramco Rowan Offshore Drilling Co. (ARO) have signed an agreement to support the localization of offshore drilling rig manufacturing in Saudi Arabia. The agreement aims to localize the offshore drilling rig business by...

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Business & Money | Thursday 3 September, 2026 8:06 am

Local and international speakers to headline Saudi Warehousing & Logistics Summit in Riyadh

As Saudi Arabia advances its ambition to become an international logistics hub, Saudi Warehousing & Logistics Summit will bring together industry leaders and practitioners through a dedicated content programme covering strategic priorities, operational challenges and emerging opportunities...

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Business & Money | Thursday 3 September, 2026 7:27 am

Big 5 Construct Saudi spotlights pathway to sustainable future and long-term partnerships for the Kingdom’s construction industry

Big 5 Construct Saudi concludes today at Riyadh Front Exhibition & Conference Center, wrapping up an energetic four days of high-level, strategic industry engagement focused on the future of construction and the evolving needs of the Kingdom’s built environment.  Big 5 Construct...

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Business & Money | Wednesday 2 September, 2026 3:27 pm

LEAP 2026 sees over $2.5B investments in 2nd day

The second day of LEAP 2026 saw the announcement of investments and launches worth approximately $2.5 billion in total, Saudi Press Agency (SPA) reported. The announcements covered data centers, cloud services, technology localization, and research and development, reinforcing Saudi Arabia’s ...

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Business & Money | Wednesday 2 September, 2026 3:23 pm

Sharjah Chamber concludes Korea business mission with strategic partnerships

The Sharjah Chamber of Commerce and Industry (SCCI) has concluded an official business mission to the brotherly Republic of Korea, led by Halima Humaid Ali Al Owais, Chairperson of the Sharjah Consultative Council and Board Member of SCCI. The delegation comprised 30 prominent businesswomen,...

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Business & Money | Wednesday 2 September, 2026 3:20 pm

UAE targeting 35% clean energy by 2030-2031: Minister of Energy and Infrastructure

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said the UAE has raised its clean energy target, covering nuclear and renewable energy, to 35 percent by 2030-2031. In an interview with the Emirates News Agency (WAM) on the sidelines of Middle East Energy 2026, which...

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Business & Money | Wednesday 2 September, 2026 3:14 pm

Dubai Chambers launches Agentic AI training for over 14,000 Business Group & Business Council member companies

Dubai Chambers today launched specialised training tracks aimed at equipping more than 14,000 member companies of the Business Groups and Business Councils operating under Dubai Chamber of Commerce with the skills to adopt Agentic AI across their operations. The initiative forms part of the...

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Business & Money | Wednesday 2 September, 2026 2:57 pm

UAE convenes first Executive Technical Roundtable of Global Energy Efficiency Alliance

The Ministry of Energy and Infrastructure convened the first Executive Technical Roundtable of the Global Energy Efficiency Alliance (GEEA) during Middle East Energy 2026, bringing together senior government officials, corporate leaders, technology providers, and financial institutions to...

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Business & Money | Wednesday 2 September, 2026 2:50 pm

Nigeria, UAE discuss boosting power generation by 5,000 MW: Nigeria's Federal Minister of Power

Joseph Olasunkanmi Tegbe, Nigeria's Federal Minister of Power, said his country is discussing proposals with the UAE to strengthen electricity generation capacity by around 5,000 megawatts, noting that solar energy is among the most prominent areas of cooperation between the two countries,...

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Business & Money | Wednesday 2 September, 2026 2:48 pm

Saudi Arabia is outpacing global peers in AI and digital health adoption, says EY MENA’s new report, launched at LEAP 2026

 Saudi Arabia has emerged as a global frontrunner in the adoption of digital health and artificial intelligence (AI), according to the new EY report “Navigating the Future of Health in Saudi Arabia”. Launched today at the LEAP 2026 conference in Riyadh, the research reveals that a young,...

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