Business & Money | Wednesday 21 May, 2025 11:24 am

Sinad signs SAR 400M agreement to renew, upsize bank facilities with SAIB

Sinad Holding Co. signed a SAR 400 million Shariah-compliant bank facility agreement with Saudi Investment Bank (SAIB), renewing and upsizing its existing financing, the company said in a statement to Tadawul.The deal includes the renewal of a SAR 200 million short-term facility, available on...

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Business & Money | Wednesday 21 May, 2025 11:11 am

Saudi German Health awarded SAR 47.3M contract by Health Ministry

Middle East Healthcare Co. (Saudi German Health) won a SAR 47.3 million contract with the Ministry of Health (General Bureau), entailing the medical operation of the Mina Emergency Hospital 2 project, according to a statement to Tadawul today, May 20. Under the contract, Saudi German Health...

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Business & Money | Wednesday 21 May, 2025 11:02 am

Alinma Bank issues $500M AT1 sukuk

Alinma Bank completed the issuance of additional Tier 1 (AT1) sukuk worth $500 million. In a statement to Tadawul, the bank said the sukuk will be settled on May 28, 2025. DetailsOffer TypeUS dollar-denominated AT1 sukuk under its AT1 Capital Note ProgrammeOffer Value$500 mlnTarget...

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Business & Money | Wednesday 21 May, 2025 10:54 am

Mansour bin Zayed visits 'Make it in the Emirates 2025'; reiterates leadership's commitment to industrial growth

His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, visited today the ‘Make it in the Emirates 2025’, held at ADNEC Centre Abu Dhabi. The event witnesses broad local and international participation, bringing together...

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Business & Money | Wednesday 21 May, 2025 10:52 am

EMSTEEL CEO highlights AED6.2 billion boost to Abu Dhabi’s GDP

Engineer Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL, revealed that the group has contributed approximately AED6.2 billion to the Gross Domestic Product (GDP) of the Emirate of Abu Dhabi. In statements to the Emirates News Agency (WAM), on the sidelines of the 'Make it in the Emirates...

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Business & Money | Wednesday 21 May, 2025 10:51 am

The Future of Work in Riyadh (KSA): Unprecedented Demand for Luxury Office Spaces

Backed by strong government investment, Riyadh continues to dominate commercial real estate demand in Saudi Arabia. The city is witnessing unprecedented interest in premium offices for rent, but the acute shortage of new developments has put pressure on the market, constraining leasing...

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Business & Money | Wednesday 21 May, 2025 10:50 am

UAE, Bahrain explore ways to strengthen collaboration in transport, infrastructure

Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, received Dr. Shaikh Abdulla bin Ahmed Al Khalifa, Bahrain’s Minister of Transportation and Telecommunications. The visit is in line with the two countries’ commitment to strengthening synergies across the board and contributing...

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Business & Money | Wednesday 21 May, 2025 10:48 am

UAE’s 'DOCKTOUR ' project converts shipping containers into mobile clinics serving Africa

The DOCKTOUR project, a joint venture (JV) between AD Ports Group and Burjeel Holdings, was unveiled at the “Make it in the Emirates” as an innovative solution to deliver healthcare to remote regions in Africa by converting shipping containers into mobile medical units. Dr. Shamsheer...

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Business & Money | Wednesday 21 May, 2025 10:47 am

Sooq Al Haraj in Sharjah welcomes delegation from Guangdong Automobile Dealers Association to explore collaboration opportunities

Sooq Al Haraj in Sharjah welcomed an official delegation from the Guangdong Automobile Dealers Association (GADA), with the aim of exploring opportunities for mutual cooperation in the automobile trade sector, expanding the network of international partnerships, and further strengthening Sooq Al...

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Tourism & Hospitality | Wednesday 21 May, 2025 10:19 am

Hilton Dubai Al Habtoor City Named a Top Meeting Hotel in the Middle East & Africa by Cvent

Hilton Dubai Al Habtoor City today announced it was named the #2 Top Meeting Hotel in the Middle East & Africa by Cvent. The globally recognised Cvent Top Meeting Hotels lists properties that set themselves apart by delivering outstanding MICE experiences through thoughtful event planner...

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