Government | Monday 31 March, 2025 5:21 am

RCRC set to launch platform for residential land applications

Ibrahim Al-Sultan, CEO of the Royal Commission for Riyadh City (RCRC), said the authority will start immediately to implement Crown Prince Mohammed bin Salman’s directives to provide developed and planned residential lands for citizens in Riyadh.   Al-Sultan confirmed that work is...

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Government | Monday 31 March, 2025 5:19 am

Crown Prince takes action to balance real estate sector in Riyadh

Saudi Crown Prince Mohammed bin Salman directed the implementation of several measures to balance the real estate market in Riyadh amid higher land prices and rentals.   He lifted suspension on transactions such as buying, selling, subdivision, and issuing building permits, as well...

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Business & Money | Monday 31 March, 2025 5:14 am

REGA CEO says real estate balance measures regulate market, achieve stability

Abdullah Alhammad, CEO of the Real Estate General Authority (REGA), praised Crown Prince Mohammed bin Salman's announcement regarding the approval of several measures to balance the real estate sector in Riyadh, the Saudi Press Agency reported.   The measures include lifting the...

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Business & Money | Monday 31 March, 2025 5:06 am

Emirates Publishers Association Sponsors Young Emirati Publishers at London and Bologna Book Fairs

The Emirates Publishers Association (EPA) continues to support and nurture the new generation of Emirati publishers, enabling them to represent the UAE at key international cultural forums and gain exposure to global best practices in the publishing industry. As part of this commitment, EPA has...

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Business & Money | Monday 31 March, 2025 5:05 am

CMA publishes study on evaluating compensation opportunities for affected parties

The Capital Market Authority (CMA) published a study on the "Assessment of Compensation Opportunities for Affected Parties in the Capital Market," which examines the increasing frequency of compensations arising from announcements of punitive decisions against violators of the Capital Market...

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Business & Money | Monday 31 March, 2025 4:58 am

Azizi Developments reaches 86% construction completion of Azizi Vista in Dubai Studio City

Azizi Developments, a leading private developer in the UAE, has announced that the construction of Azizi Vista in Dubai Studio City is now 86% complete. Located in one of Dubai’s most sought-after residential areas, the development is scheduled to be delivered in Q3 2025 and will feature studio,...

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Healthcare | Monday 31 March, 2025 4:05 am

Abu Dhabi prepares to welcome global health leaders to Abu Dhabi Global Health Week 2025

Abu Dhabi Global Health Week (ADGHW) 2025 is set to welcome prominent health and well-being industry leaders for three days of open, exclusive exchange and joint action from 15 – 17 April. Held under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu...

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Business & Money | Friday 28 March, 2025 7:04 am

UQDC partially repays credit facilities with Alinma Bank from IPO proceeds

Umm Al Qura for Development and Construction Co. (UQDC) used as much as SAR 1.5 billion from its recent initial public offering’s (IPO) net proceeds for the partial settlement of its existing credit facilities with Alinma Bank.   Accordingly, the repaid credit limits are to be...

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Business & Money | Friday 28 March, 2025 7:00 am

Modon and Elsewedy Industrial Development collaborate to launch industrial zone for Ras El Hekma, Egypt

Modon Holding P.S.C (“Modon”), an Abu Dhabi-based holding company, and Egypt’s Elsewedy Industrial Development have signed a letter of intent (LOI) to build and operate a new industrial zone servicing the Ras El Hekma city megaproject in Egypt. The 10 million sqm new industrial zone,...

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Business & Money | Friday 28 March, 2025 6:54 am

Over 50 speakers confirmed for Automechanika Riyadh Academy

Automechanika Riyadh, Saudi Arabia’s leading regional trade show for the automotive aftermarket industry, has confirmed over 50 high-profile expert speakers will take to the Automechanika Academy stage, highlighting the event’s role in shaping the future of Saudi Arabia’s automotive...

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