Business & Money | Monday 7 April, 2025 12:24 pm

Saudi sports sector holds SAR 32B market value: Assistant Minister

Saudi Arabia’s sports sector currently holds a market value of nearly SAR 32 billion, up from less than SAR 5 billion in 2016 when the Vision 2030 was launched, Assistant Minister of Investment Ibrahim Almubarak stated. Speaking at the 2025 Sports Investment Forum, Almubarak noted that the...

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Business & Money | Monday 7 April, 2025 12:18 pm

Arabian Drilling acquires SAR 260M self-elevating offshore service platform

Arabian Drilling Co. (ADC) acquired, on April 6, a new self-elevating offshore service platform at an approximate value of SAR 260 million, inclusive of modification and transportation costs. In a statement to Tadawul, the company said the new platform aims to strengthen its offshore drilling...

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Business & Money | Monday 7 April, 2025 12:15 pm

Dubai Real Estate market records AED142.7B sales in bumper first quarter

Dubai's real estate market has continued its buoyant start to 2025, recording total sales worth AED 142.7 billion in Q1, the second highest quarterly figure on record. This represented a 30.3% year-on-year leap in value, while the 45,485 overall sales transactions also meant a 22.8%...

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Business & Money | Monday 7 April, 2025 12:09 pm

ROYC and BCG: Capturing Wealth Management’s $3 Trillion Private Market Opportunity

Private market assets under management (AuM) have been growing at over 10% a year, across private equity, venture capital, private debt and similar asset classes. With new waves of investors attracted by high returns in the space, wealth managers and fund managers must adapt their offerings and...

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Business & Money | Monday 7 April, 2025 12:03 pm

NEOM Green Hydrogen Company Announces Second Major Recruitment Drive for World's Largest Green Hydrogen Plant

NEOM Green Hydrogen Company (NGHC) has announced its biggest recruitment drive for 2025, featuring a Virtual Career Fair on 18 and 19 April 2025. This initiative aims to attract top talent for its Operations & Maintenance (O&M) team which will run the world’s largest green hydrogen plant...

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Business & Money | Monday 7 April, 2025 12:00 pm

RAKEZ partners with Koshima to boost business efficiency with AI

 Ras Al Khaimah Economic Zone (RAKEZ) has entered into a landmark partnership with Koshima, a leader in Artificial Intelligence education and consulting. This partnership will empower businesses with a practical approach to AI that enhances operational efficiency, optimises costs, and...

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Business & Money | Monday 7 April, 2025 11:57 am

ATM on track for record attendance as visitor registrations double year-on-year

With three weeks remaining until Arabian Travel Market (ATM), the event is on course to attract a record number of high value visitors, with registrations up 104% compared to the same time last year, reinforcing its position as an essential platform for travel trade professionals around the...

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Business & Money | Monday 7 April, 2025 11:52 am

For the first time in the region: BMW Group Middle East brings Andy Warhol’s iconic BMW M1 Art Car to Art Dubai 2025

Coinciding with the BMW Art Car Collection’s 50th anniversary, BMW Group Middle East is set to bring an extraordinary highlight to this year’s edition of Art Dubai (16-20 April). Among the most celebrated pieces in this legendary collection is the BMW M1 Art Car, transformed by the visionary...

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Business & Money | Monday 7 April, 2025 11:45 am

Takaful Emarat Rebounds with 84% Revenue Growth, Achieves AED 960M in Assets

Takaful Emarat has announced a remarkable 45% increase in its total assets, reaching AED 960 million for the fiscal year ending December 31, 2024, reinforcing the group's strengthened financial standing. In a significant turnaround, shareholders’ equity moved from a AED 39.7 million deficit in...

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Business & Money | Monday 7 April, 2025 11:43 am

Hatta border crossing speeds up passenger flow with new dedicated lanes

Dubai Customs announced that the Hatta Customs Center received tens of thousands of GCC nationals who visited Dubai to celebrate Eid Al-Fitr and enjoy the related events and activities. Serving as a crucial gateway for both travelers from GCC countries and land freight, the Hatta border crossing...

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