29 Shawwal 1446 - 28 April 2025
    
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Eye of Riyadh

EQUITATIVA REPORTS   RECORD PERFORMANCE FOR EMIRATES REIT’S 2024 RESULTS
Business & Money | Monday 28 April, 2025 10:52 am
 Equitativa (Dubai) Limited (“Equitativa”), manager of Emirates REIT (CEIC) PLC (“Emirates REIT” or the “REIT”), today reported FY2024 financial results for Emirates REIT.  KEY HIGHLIGHTS Total property income grew by 79% year-on-year to USD 133m...
 “International Smart Card” and “MENA Fintech Association” Forge Strategic Partnership to Shape the Future of Digital Finance in the Region
Business & Money | Monday 28 April, 2025 10:22 am
The MENA Fintech Association (MFTA), a not-for-profit organisation based in Dubai and registered with the Abu Dhabi International Financial Centre (ADGM), today announced partnership with the International Smart Card (ISC), aka Qi, Iraq’s foremost provider of digital payments, fintech solutions,...
Arabian Cement seeks to buy back 150,000 shares, SAR 595M reserve transfer
Business & Money | Monday 28 April, 2025 10:19 am
Arabian Cement Co.’s board of directors proposed the repurchase of up to 150,000 shares, or 0.15% of its common stock, to be held as treasury shares under its Long-Term Incentive Program (LTIP) in favor of its employees, aimed at attracting and retaining outstanding talent.   The...
Eastern Province offers SAR 330B in investments: Al Falih
Business & Money | Monday 28 April, 2025 10:11 am
Saudi Arabia’s Minister of Investment, Khalid Al-Falih, said that the Eastern Province offers more than 600 investment opportunities, with a total value exceeding SAR 330 billion.   Speaking at the Jubail Investment Forum 2025, Al-Falih pointed out that the stock of foreign direct...
Fakeeh Care inks MoU with Fosun Pharma to develop cell, gene therapies
Healthcare | Monday 28 April, 2025 10:08 am
Dr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care) and its subsidiaries, Fakeeh Care Group and Fakeeh Care, signed a strategic memorandum of understanding (MoU) with global innovator Shanghai Fosun Pharmaceutical Co. Ltd. to bring advanced cell- and gene-therapy solutions—most notably...
Emaar EC reschedules SAR 3.39B bank facilities
Business & Money | Monday 28 April, 2025 10:06 am
Emaar The Economic City (Emaar EC) signed agreements on April 27 to reschedule existing bank facilities and secure new financing arrangements, the company said in a statement to Tadawul.   The agreements were signed with Alinma Bank, Saudi Awwal Bank (SAB), Banque Saudi Fransi...
du Pay marks first anniversary with half a million app downloads and half a billion dirhams in transactions
Business & Money | Monday 28 April, 2025 8:23 am
 du Pay, the advanced digital payment arm of du, today celebrated its first anniversary following a year of significant milestones, strategic partnerships, and a focus on customer-centric initiatives. Over the past year, du Pay hit half a million downloads across iOS and Android platforms and...
Dubai Customs awarded 2025 Golden Peacock National Quality Award
Business & Money | Monday 28 April, 2025 7:22 am
 Dubai Customs celebrated a significant milestone by receiving the 2025 “Golden Peacock National Quality Award” during the official ceremony held in  Dubai on April 22, 2025. The award was presented to Dubai Customs by H.E. Abdulla Ahmed Al Saleh, Undersecretary of the Ministry of...
GIB Becomes Official Sponsor of Saudi Professional Golfer Faisal Salhab
Business & Money | Sunday 27 April, 2025 11:20 pm
Gulf International Bank (GIB) today announced its official sponsorship of Saudi professional golfer Faisal Salhab, underscoring the Bank’s commitment to supporting professional sports both locally and internationally. Commenting on the partnership, Abdulaziz Al-Helaissi, Group CEO of GIB,...
HONOR KSA Expands Its Presence with New Flagship Experience Store in Riyadh
Technology & IT | Sunday 27 April, 2025 12:25 pm
 HONOR, a global leading AI device ecosystem company has officially opened its first flagship experience store in Saudi Arabia at Solitaire Mall, marking a significant step in its expansion across the Kingdom. The opening event attracted a wide range of attendees, including media...
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