Business & Money | Sunday 23 November, 2025 11:03 am

UAE cements global AI leadership with focus on human capital, training

The United Arab Emirates is reinforcing its leading position in developing national expertise in Artificial Intelligence (AI) through strategic initiatives aimed at building human capital and preparing a generation of experts to spearhead digital transformation. The UAE places people at the...

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Business & Money | Sunday 23 November, 2025 10:47 am

Saudi Arabia values REE discoveries at SAR 375B: Alkhorayef

Minister of Industry and Mineral Resources, Bandar Alkhorayef, said rare earth element (REE) discoveries in the Kingdom are valued at around SAR 375 billion, as part of the country’s total estimated mineral wealth, which has increased by 90% since 2018 to SAR 9.4 trillion in 2024. He said...

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Business & Money | Sunday 23 November, 2025 10:44 am

Al Akaria inks deal with Expo 2030 Riyadh for initial works at Expo 2030 site

Saudi Real Estate Co. (Al Akaria), through its subsidiary Saudi Real Estate Infrastructure Co. (Binyah), signed a framework agreement with Expo 2030 Riyadh Co. (ERC) to carry out initial works at the Expo 2030. The agreement includes demolition, excavation and backfilling, as well as the...

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Business & Money | Sunday 23 November, 2025 10:41 am

SISCO unit wins SAR 133.5M project from NWC

Sustained Infrastructure Holding Co. (SISCO) said its 50%-owned subsidiary, International Water Distribution Co. (Tawzea), received a project awarded notice from the National Water Co. (NWC) valued at SAR 133.5 million, excluding VAT. The SISCO unit will undertake the operation and maintenance ...

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Business & Money | Sunday 23 November, 2025 9:12 am

Over SAR 237B deals sealed in Cityscape: Al-Hogail

Majid Al-Hogail, Minister of Municipalities and Housing and Chairman of the Real Estate General Authority (REGA), said that Cityscape demonstrated the strength of the Saudi real estate sector and the progress of its investment environment, as more than SAR 237 billion in deals...

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Business & Money | Sunday 23 November, 2025 9:01 am

S&P expect Saudi banks to provide $75B new corporate loans in 2025-26

S&P Global expects Saudi banks to provide $65–75 billion in new corporate loans annually in 2025–2026 (244–281 billion riyals), driven mainly by demand from the real estate and utilities sectors. In a recent report, the rating agency said that TASI-companies — including unrated...

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Beauty & Style | Friday 21 November, 2025 5:01 pm

Dubai Hosts One of the Largest Fashion Drone Performances by 6thStreet.com

6thStreet.com transformed the Dubai skyline with one of the region’s largest fashion drone shows, creating a citywide cultural moment that drew widespread public attention. The large-scale display blended technology and visual storytelling to mark a notable moment in the city’s event...

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Business & Money | Thursday 20 November, 2025 5:38 pm

Dubai gears up for the region’s most anticipated tech gathering as DATE MENA kicks off on 26 November

On 26 and 27 November 2025 at Madinat Jumeirah, Dubai will host the region’s most dynamic forum for technology, innovation, and digital transformation — DATE MENA. Organised by Trescon, DATE is a Digitization, AI & Emerging Technology Summit. Over two days, the event will bring together...

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Business & Money | Thursday 20 November, 2025 5:06 pm

CARE MENA – the region’s most impactful stage for climate action and clean energy innovation – kicks off on 26 November in Dubai

This is the moment the MENA region has been waiting for. On 26 November 2025 at Madinat Jumeirah, Dubai will host the region’s most influential sustainability and clean energy event — CARE MENA, the Climate Action, Renewable Energy & Sustainability Forum, accredited by CPD and organised by...

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Business & Money | Thursday 20 November, 2025 3:40 pm

AD Ports Group acquires SEIC’s equity stake in Alexandria Container & Cargo Handling Company

AD Ports Group today acquired Saudi Egyptian Investment Company’s (SEIC), a PIF company, 19.328% equity stake in Alexandria Container & Cargo Handling Company (ALCN), one of the largest container terminal operators in Egypt, in a deal valued at approximately EGP13.2 billion. The...

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