Business & Money | Monday 18 May, 2026 10:13 am

Taiba signs SAR 2.4M agreement to develop, operate 3 hotels in Madinah

Taiba Investments Co. signed final partnership agreement on May 17 with Osool Integrated Real Estate Co. to establish a special purpose vehicle (SPV) with a total investment size of SAR 2.4 billion.Taiba will contribute SAR 300 million to the SPV, which is set to implement the development...

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Business & Money | Monday 18 May, 2026 10:04 am

Dar Al Arkan plans USD-denominated sukuk issuance

Dar Al Arkan intends to issue USD-denominated, Shariah-compliant, fixed-rate, senior unsecured sukuk under Regulation S (Reg S), according to a statement to Tadawul. The real estate developer mandated Abu Dhabi Commercial Bank (ADCB), Abu Dhabi Islamic Bank (ADIB), Al Rayan Investment, Arqaam...

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Business & Money | Monday 18 May, 2026 9:56 am

ADPIC SIGNS AGREEMENT WITH TROJAN CONSTRUCTION HOLDING TO ADVANCE NATIONAL TALENT DEVELOPMENT THROUGH BUNAA PROGRAMME

 The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced the signing of a strategic agreement with Trojan Construction Holding, to support the implementation of the Bunaa Programme, a long-term initiative aimed at developing the next generation of Emirati professionals within...

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Culture & Education | Monday 18 May, 2026 9:52 am

Menassah Reinforces the Global Presence of Emirati Books Through Participation in Rabat and Doha Book Fairs

Through hundreds of distinguished titles that reflect the richness of the local cultural experience, Menassah Distribution Company brings the Emirati narrative to the platforms of The Doha International Book Fair, taking place from May 14 to 23. After concluding its participation in the Rabat...

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Business & Money | Monday 18 May, 2026 9:50 am

Modon partners with Montage Hotels & Resorts to bring ultra-luxury hospitality brand to Egypt’s Ras El Hekma

Abu Dhabi-based Modon Holding and Montage Hotels & Resorts have announced Montage Ras El Hekma, which will introduce the first branded residences for purchase at Ras El Hekma on Egypt’s Mediterranean coast. This is the first Montage resort in Egypt – supporting the emerging city’s growth...

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Business & Money | Monday 18 May, 2026 9:47 am

Dubai Holding Real Estate and Abu Dhabi Islamic Bank launch integrated Sharia-compliant home financing solutions for customers across Nakheel, Meraas and Dubai Properties

Dubai Holding Real Estate, one of the largest integrated master developers in Dubai, has entered into a strategic partnership with Abu Dhabi Islamic Bank (ADIB) to expand access to Sharia-compliant home financing solutions for eligible customers across Nakheel, Meraas and Dubai Properties. The ...

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Business & Money | Monday 18 May, 2026 9:45 am

TROJAN CONSTRUCTION HOLDING AND ORASCOM CONSTRUCTION FORM JOINT COMPANY “EVERWATER” TO DELIVER LARGE-SCALE WATER INFRASTRUCTURE PROJECTS ACROSS THE REGION

Trojan Construction Holding and Orascom Construction PLC (ADX and EGX: ORAS) have signed an agreement for the establishment of Everwater for Treatment Systems, a 50:50 joint company headquartered in Abu Dhabi, dedicated to delivering EPC and O&M services for large-scale water infrastructure...

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Business & Money | Monday 18 May, 2026 9:23 am

ADPIC Launches Unified Governance Framework to Accelerate Infrastructure Delivery Across Abu Dhabi

The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has announced a new infrastructure governance framework designed to accelerate approvals, strengthen coordination and enhance delivery across Abu Dhabi’s capital project ecosystem.  Announced during the opening day of the Abu...

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Business & Money | Monday 18 May, 2026 9:03 am

Saudi Ports Authority Exports 20,000 Tons of Urea to Bangladesh

The Saudi Ports Authority (Mawani) announced today the departure of a new export shipment totaling 20,000 tons of urea products from Yanbu Commercial Port to Bangladesh aboard the vessel COURTESY K as part of the authority’s efforts to support national exports and enhance the efficiency of the...

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Technology & IT | Sunday 17 May, 2026 11:23 am

HONOR Unveils MagicPad4 Powered by 3nm Snapdragon 8 Gen 5 with PC-Class Productivity

HONOR, a global AI device ecosystem company today unveiled the HONOR MagicPad4, a flagship device at just 4.8mm. As the industry’s first tablet powered by the 3nm Snapdragon 8 Gen 5, it merges elite performance with a stunning 165Hz OLED display and a suite of AI-driven productivity tools to...

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