The Public Investment Fund (PIF), chaired by Crown Prince Mohammed bin Salman, approved its 2026–2030 strategy, according to the Saudi Press Agency. The strategy builds on PIF’s long-term plan, with a focus on developing globally competitive domestic economic ecosystems,...
SHUAA Capital said its wholly owned unit, SHUAA Capital Saudi Arabia, has signed a memorandum of understanding with Gate Capital to launch an alternative investment fund aimed at consolidating the fuel retail sector in Saudi Arabia. The Dubai-listed firm said the partnership seeks to ...
Saudi Arabia has ranked first globally in the 2025 Digital Readiness Index issued by the International Telecommunication Union (ITU), after scoring 94 out of 100 within the “very high” category. This marks an advancement to first place worldwide, compared to 90 points and fourth place globally...
Saudi Arabia remains capable of managing economic shocks, and maintaining economic stability, Finance Minister Mohammed Al-Jadaan said at a roundtable during the IMF-World Bank Spring Meetings in Washington. The Kingdom continues to implement structural reforms that support economic...
Saudi Energy Co. signed a definitive agreement to establish a strategic partnership with Kraken Technologies Ltd., a global company specializing in AI-powered digital operations solutions for the utilities sector. The deal includes the creation of a joint venture based in Riyadh, as well as...
The Dubai Corporation for Consumer Protection and Fair Trade (DCCPFT), part of the Dubai Department of Economy and Tourism (DET), has signed a strategic collaboration agreement with AutoPro, part of the Emirates National Oil Company (ENOC) Group, to enhance service quality, transparency, and...
Aldar on Tuesday announced the launch of the first phase of Yas Park Place, a new residential community in the heart of Yas Island that introduces a distinctive garden-led living concept designed to bring a sense of wonder to everyday life in one of the UAE’s most enchanting...
Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has inaugurated a new international representative office in Manila. The strategic step comes as part of the chamber’s ongoing efforts to strengthen bilateral trade and investment relations...
AD Ports Group has signed a framework agreement with the National Company Maritime Ports Administration SA, the administrator of the Port of Constanța in Romania, to explore strategic investment and development opportunities in the Black Sea’s largest port. The agreement establishes a...
Dubai Properties, a member of Dubai Holding Real Estate, has awarded contracts worth nearly AED1.1 billion to Metac General Contracting Co. LLC for the construction of 850 townhouses at Villanova in Dubailand, accelerating the next phase of growth at one of Dubai’s most established family...
