Business & Money | Thursday 17 April, 2025 9:05 am

Diriyah awards Royal Opera House contract worth SAR 5.1B

Diriyah Co. announced awarding the contract for the development of the Royal Diriyah Opera House to a consortium of contractors, at an investment cost of SAR 5.1 billion. The contract was granted to a consortium of three companies, namely El-Seif Engineering & Contracting, Midmac...

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Business & Money | Thursday 17 April, 2025 8:58 am

Alkhaleej Training subsidiary inks SAR 33M contract with Ministry of Commerce

Alkhaleej Training and Education Co.’s subsidiary, Advanced Systems and Solutions for Communications Co. (Smart Link), signed on April 16 a contract with the Ministry of Commerce at a value of SAR 33 million, VAT inclusive. In a statement to Tadawul, the company noted that the three-year...

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Business & Money | Thursday 17 April, 2025 8:56 am

DMCC calls to deepen UAE-UK tech trade at London roadshow

DMCC has conducted a roadshow in London to strengthen bilateral ties between the UAE and the UK in key technology sectors, including AI, Web3 and gaming. The innovation-focused event saw British business leaders, government stakeholders and investors briefed across a range of technology...

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Business & Money | Thursday 17 April, 2025 8:54 am

Mohammed Bin Rashid Aerospace Hub completes first phase of its aerospace supply chain zone

Mohammed Bin Rashid Aerospace Hub (MBRAH), the aerospace platform of Dubai South dedicated to the advancement of the aviation industry, announced the completion of works at the first phase of its Aerospace Supply Chain zone which features 11 facilities and spans a total of 1,291,000 square...

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Business & Money | Thursday 17 April, 2025 8:52 am

Dubai Maritime Authority reports outstanding performance in 2024

The Dubai Maritime Authority, part of the Ports, Customs and Free Zone Corporation, has announced exceptional performance results for the year 2024, surpassing expectations across various maritime sector indicators. The authority continues solidifying Dubai's status as a global maritime innovation...

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Business & Money | Thursday 17 April, 2025 8:51 am

Emirates SkyCargo signs preferred partnership with Teleport

Emirates SkyCargo, the cargo arm of the world's largest international airline, has signed a Memorandum of Understanding (MoU) with Teleport, AirAsia's exclusive cargo partner, to support the burgeoning trade between Southeast Asia and the wider world, via Dubai. The agreement was signed at...

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Business & Money | Thursday 17 April, 2025 8:47 am

ADEX participates in TXF Middle East & Africa 2025 to advance regional export finance collaboration

The Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), took part as a key sponsor in the TXF Middle East & Africa 2025, held over three days in Dubai. This edition of TXF marked the first time the conference merged its Middle East and Africa ...

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Business & Money | Thursday 17 April, 2025 8:01 am

Equipment House signs deal with US MedSource

Scientific & Medical Equipment House Co., a company specialized in the import, operation, and maintenance of medical devices and equipment, signed today, April 16, a strategic agreement with the US-based company MedSource. In a statement to Tadawul, the company said the deal is to launch...

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Business & Money | Thursday 17 April, 2025 8:00 am

Saudi Arabia’s dates exports hit SAR 1.7B in 2024

The value of Saudi dates exports reached about SAR 1.7 billion in 2024, up 16% year-on-year, with an exported quantity of 1.9 million tons, the National Center for Date Palm and Dates (NCPD) said, according to data from the General Authority for Statistics (GSTAT). Saudi dates have achieved a...

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Business & Money | Wednesday 16 April, 2025 8:00 am

Red Sea Global unveils first residential Island in Saudi Arabia

Red Sea Global (RSG) announced the launch of 'Laheq Island', a landmark development and the first residential-focused destination at The Red Sea.Scheduled to open in 2028, Laheq offers resort-style living with luxury private residences, premium amenities, and a unique blend of hospitality and...

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