Business & Money | Sunday 11 May, 2025 2:51 pm

Tibbiyah’s unit signs SAR 67.2M contract with Health Ministry

Arabian International Healthcare Holding Co.’s (Tibbiyah) wholly owned subsidiary Al Faisaliah Medical Systems Co. (FMS) signed on May 5 a SAR 67.2 million contract with the Ministry of Health’s General Office, according to a statement on Tadawul. The contract, which was awarded on Aug. 8, ...

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Business & Money | Sunday 11 May, 2025 2:43 pm

SAB Invest Launches Saudi Arabia’s First Quantitative ETF

SAB Invest today announced the launch of the SAB Invest Saudi Quant ETF, Saudi Arabia’s first exchange-traded fund built on a quantitative investment strategy. This milestone introduces a new generation of ETFs designed specifically for the Saudi market, adapted from an HSBC model that has...

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Business & Money | Sunday 11 May, 2025 2:40 pm

Aramco CEO says global trade shifts hit energy markets, but performance stays strong

Saudi Aramco President and CEO Amin Nasser said global energy markets were impacted in the first quarter of 2025 by factors related to changes in global trade, creating economic uncertainty and weighing on oil prices. In a statement accompanying the company’s financial results, a copy of...

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Business & Money | Sunday 11 May, 2025 2:37 pm

Dubai Real Estate Market Surges in April: Residential Sales Jump 61% YOY, Office Rents Climb 22.4%

Dubai’s real estate market posted exceptional results in April, with residential sales transactions reaching 17,447—an impressive 61% increase compared to the same month last year—while commercial rental activity surged, including a 22.4% rise in average office rents and a sharp 40.8% jump in ...

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Business & Money | Sunday 11 May, 2025 2:34 pm

RAK Ruler supports RAKEZ and AHK strategic partnership

 His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, recently witnessed a Memorandum of Understanding (MoU) signing between Ras Al Khaimah Economic Zone (RAKEZ) and the German Emirati Joint Council for Industry and Commerce (AHK) in the presence ...

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Business & Money | Sunday 11 May, 2025 2:32 pm

National Human Rights Institution Conducts Introductory Visit to Umm Al Quwain Police General Headquarters

As part of its continued efforts to strengthen institutional partnerships and promote a culture of human rights across the United Arab Emirates, the National Human Rights Institution (NHRI) conducted an introductory visit to the Umm Al Quwain Police General Headquarters. His Excellency Major...

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Business & Money | Sunday 11 May, 2025 2:26 pm

Abu Dhabi and Japan sign agreements to strengthen partnerships, boost bilateral trade and investments

An Abu Dhabi economic delegation, led by the Abu Dhabi Department of Economic Development (ADDED), concluded a successful visit to Japan, signing agreements with government entities and the private sector to further enhance partnerships in various industries and high-growth clusters. The Abu...

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Business & Money | Sunday 11 May, 2025 2:23 pm

Dubai Customs becomes first global customs authority named a Great Place to Work, for five consecutive years

Dubai Customs has been certified as a “Great Place to Work” for the fifth consecutive year by the global organization Great Place to Work®, making it the first customs authority in the world to earn this prestigious recognition. The accolade marks a culmination of Dubai Customs’ sustained...

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Business & Money | Sunday 11 May, 2025 2:18 pm

Deloitte Middle East and IWBD host Dubai event to champion inclusive leadership

 Deloitte Middle East and the International Women’s Board of Directors (IWBD) jointly organised an event titled “The Power of Diverse Leadership Styles and How to Accelerate Your Career Journey with Business Chemistry” on April 29 in Dubai. The event aimed to foster meaningful...

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Business & Money | Sunday 11 May, 2025 2:16 pm

DMA Hosts Workshop with Marina Representatives to Elevate Premium Maritime Services in Dubai

As part of its strategic drive to develop Dubai’s marine tourism sector and reinforce its status as a premier global maritime destination, the Dubai Maritime Authority (DMA), under the Ports, Customs and Free Zone Corporation, held a specialized workshop with representatives from marinas across...

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