14 Dhu al-Qi'dah 1446 - 12 May 2025
    
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Eye of Riyadh

Ministry of Finance clinches three Excellence in Procurement & Supply Awards 2025
Business & Money | Monday 12 May, 2025 11:24 am
The Ministry of Finance has clinched three Excellence in Procurement & Supply Awards 2025 from the Chartered Institute of Purchasing and Supply (CIPS). The awards were in recognition of the Ministry’s leading practices in procurement and supply chain management within the government’s...
Women in Aviation – Middle East Charts a Path Toward Full Empowerment from the Ground Up
Business & Money | Monday 12 May, 2025 11:16 am
With a confident tone and exceptional participation, the “Women in Aviation – Middle East” conference concluded on the third day of Airport Show 2025, reaffirming that the future of aviation is set to be more inclusive and diverse—led by women steadily ascending to cockpits and boardrooms....
Union Properties Delivers Strong Q1 2025 Results, Revenue Grows 18.2% and Pays Down AED179 million of Legacy Debt
Business & Money | Monday 12 May, 2025 11:10 am
Union Properties PJSC (“Union Properties” or “the Company”) (DFM symbol: UPP) announced its financial results for the first quarter of 2025, reporting a strong start to the year with 18.2% increase in revenue, reaching AED163 million compared with AED138 million in Q1 2024. This...
Senkron Digital Showcases CyberPact Service at GISEC Global 2025
Business & Money | Monday 12 May, 2025 10:11 am
Dubai – Senkron Digital took part in GISEC Global 2025, held between May 6–8 in Dubai. This premier event, focused exclusively on digital security and cyber technologies, provided a platform for the company to present its CyberPact Security® service, specifically developed for operational...
 “Areeb Capital” signs a SAR 5.8 billion financing agreement with “Saudi National Bank”
Business & Money | Sunday 11 May, 2025 5:36 pm
“Areeb Capital”, a prominent real estate fund management company, announced signing a new financing agreement with the “Saudi National Bank”(SNB) worth SAR 5.8 billion. This agreement will enhance the company's financing capabilities for its ambitious investment projects in the Saudi real...
Tibbiyah’s unit signs SAR 67.2M contract with Health Ministry
Business & Money | Sunday 11 May, 2025 2:51 pm
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, ...
SAB Invest Launches Saudi Arabia’s First Quantitative ETF
Business & Money | Sunday 11 May, 2025 2:43 pm
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...
Aramco CEO says global trade shifts hit energy markets, but performance stays strong
Business & Money | Sunday 11 May, 2025 2:40 pm
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...
Dubai Real Estate Market Surges in April: Residential Sales Jump 61% YOY, Office Rents Climb 22.4%
Business & Money | Sunday 11 May, 2025 2:37 pm
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 ...
RAK Ruler supports RAKEZ and AHK strategic partnership
Business & Money | Sunday 11 May, 2025 2:34 pm
 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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