Business & Money | Tuesday 4 August, 2026 8:00 am

SASCO sells subsidiary-owned land in Jeddah for SAR 44.5M

Saudi Automotive Services Co. (SASCO) signed an agreement to sell a land plot owned by its subsidiary, NAFT Services Company (NAFT), for a total value of SAR 44.5 million, excluding real estate transaction tax and brokerage commission. In a statement to Tadawul, the company said the...

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Business & Money | Tuesday 4 August, 2026 8:00 am

MIS wins SAR 80.9M project with CMA

Al Moammar Information Systems Co. (MIS) won a project by the Capital Market Authority (CMA) worth SAR 80.88 million, including VAT. The project aims to deliver comprehensive managed services for the operation and enhancement of IT services. The scope of the work covers the operation and...

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Business & Money | Tuesday 4 August, 2026 8:00 am

AI underpins future of smart, sustainable cities: Saeed Al Tayer

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), reviewed in an article published by the authority the exceptional outcomes of its strategic road map to become the world's first AI-powered utility. He said the initiative has delivered tangible achievements,...

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Business & Money | Tuesday 4 August, 2026 8:00 am

Alpha Dhabi net profit surges 48% to AED9.8 billion in H1

Alpha Dhabi Holding, listed on the Abu Dhabi Securities Exchange, recorded net profit of AED9.8 billion in the first half of 2026, surging 48 percent compared with the same period of the prior year. Group revenue reached AED37.6 billion, representing a 5 percent increase versus the same period ...

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Business & Money | Tuesday 4 August, 2026 8:00 am

Dubai to host 22nd edition of ‘IPS 2026’ next September

Dubai is set to host the 22nd edition of ‘IPS 2026’ from 7th to 9th September 2026 at the Dubai World Trade Centre. Organised by Strategic Exhibitions and Conferences, with the support and strategic partnership of Dubai Land Department, the exhibition will bring together leading investors, ...

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Business & Money | Tuesday 4 August, 2026 8:00 am

METAS 2026 opens in Sharjah with international participation

The fifth edition of the Middle East Tyre, Auto & Spare Parts Expo (METAS 2026) opened today at Expo Centre Sharjah. The opening ceremony was attended by Abdalla Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry; representatives of the Shandong Business Council in...

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Business & Money | Tuesday 4 August, 2026 8:00 am

METAS 2026 opens in Sharjah with international participation

The fifth edition of the Middle East Tyre, Auto & Spare Parts Expo (METAS 2026) opened today at Expo Centre Sharjah. The opening ceremony was attended by Abdalla Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry; representatives of the Shandong Business Council in...

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Business & Money | Tuesday 4 August, 2026 8:00 am

Dubai Chamber of Commerce supports Techies Infotech’s expansion into South Africa

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has supported the international expansion of Techies Infotech, a Dubai-headquartered ICT and innovation company, into South Africa. The company accelerated its expansion following its...

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Business & Money | Monday 3 August, 2026 10:19 am

Is XM Arabia a Scam in the KSA? A Fact-Based Look

This question often appears online, not because of evidence, but because of general mistrust toward online trading. The facts XM has over 15 years of operational historyTrusted by over 20 million tradersIt operates under DFSA & CMA regulation in Dubai, FSC, CySEC, FSCA, CMA (Kenya),...

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Business & Money | Sunday 2 August, 2026 5:41 pm

RCRC launches road project in Jeddah

The Royal Commission for Riyadh City (RCRC) has begun construction of the Najm Al-Din Al-Ayoubi interchange bridges, marking one of the first phases of the Jeddah Road Development Project. According to an RCRC statement, this phase includes two main bridges serving traffic in both directions,...

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