27 Dhu al-Hijjah 1446 - 24 June 2025
    
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Eye of Riyadh

ACCA announces redesign of qualification for a redefined accountancy profession
Business & Money | Tuesday 24 June, 2025 2:28 pm
Future ACCA Qualification unveiled as employers look to accountants to take broader role in embracing AI-driven technology and driving sustainable business Global accountancy body ACCA (the Association of Chartered Certified Accountants) has announced a redesign of its gold standard ACCA...
Dubai Chambers’ President elected as member of Executive Board of International Chamber of Commerce
Business & Money | Tuesday 24 June, 2025 2:14 pm
The International Chamber of Commerce (ICC) has elected Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, as a member of its Executive Board, reinforcing Dubai’s leadership in advancing global trade, driving business growth, and fostering international partnerships. The ICC is ...
Dar Al Arkan set to issue USD-denominated sukuk
Business & Money | Tuesday 24 June, 2025 2:06 pm
Dar Al Arkan Real Estate Development Co. is set to issue US-denominated, Shariah-compliant, fixed-rate, senior unsecured sukuk under Regulation S, according to a statement to Tadawul. The real estate developer mandated Abu Dhabi Commercial Bank (ADCB), Abu Dhabi Islamic Bank (ADIB), Alkhair...
SISCO subsidiary signs SAR 1.6B concession deals with MAWANI to operate 4 Red Sea terminals
Business & Money | Tuesday 24 June, 2025 2:02 pm
Sustained Infrastructure Holding Co.’s (SISCO Holding) subsidiary, Red Sea Gateway Terminal (RSGT), signed 20-year concession agreements with the Saudi Ports Authority (MAWANI) to operate four existing general cargo facilities along the Red Sea coast, with a total capital expenditure investment...
Fakeeh Care inks SAR 938M credit facility deal with Alinma Bank
Business & Money | Tuesday 24 June, 2025 1:59 pm
Dr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care) signed, on June 23, a Shariah-compliant credit facility agreement at competitive terms and conditions with Alinma Bank, according to a statement to Tadawul. The total credit amount of SAR 938 million is split between SAR 638 million in...
Jadwa Acquires Majority Stake in Leading Retailer Makhazen Alenaya Through its GCC Diversified Private Equity Fund
Business & Money | Tuesday 24 June, 2025 1:57 pm
Jadwa Investment, a leading investment management and advisory firm in the Middle East, today announced the acquisition of a majority stake in Makhazen Alenaya through its flagship blind-pool vehicle, Jadwa GCC Diversified Private Equity Fund. Founded in 2019, Makhazen is a fast-growing Saudi...
Dubai Customs secures HBC Women Leadership Award in London
Business & Money | Tuesday 24 June, 2025 1:53 pm
In a development that underscores international appreciation for Dubai Customs’ expanding efforts in empowering female professionals and leadership roles, the organization has attained a significant accomplishment by winning the distinguished Harvard Business Awards Council (HBC) honor. Eman Badr ...
Saudi Arabia’s 2nd Stormwater & Wastewater Conference 2025 Opens in Jeddah, Advancing Sustainable Water Infrastructure Solutions
Environment & Energy | Tuesday 24 June, 2025 10:05 am
The 2nd edition of the Stormwater & Wastewater Conference 2025 officially opened today at the Jeddah Hilton, convening government officials, global technology innovators, and leading industry experts to drive the development of resilient and sustainable water infrastructure systems across the...
Ministry of Economy and Tourism, Oman’s Ministry of Commerce strengthen bilateral ties
Business & Money | Tuesday 24 June, 2025 9:54 am
The Competition Department at the Ministry of Economy and Tourism held a coordination meeting with the Competition Protection and Monopoly Prevention Centre at Oman’s Ministry of Commerce, Industry, and Investment Promotion. The meeting marked a significant step forward in enhancing...
ADIO, ADPIC strategic partnership to advance PPP delivery in Abu Dhabi
Business & Money | Tuesday 24 June, 2025 9:46 am
The Abu Dhabi Investment Office (ADIO) and the Abu Dhabi Projects and Infrastructure Centre (ADPIC) have signed a strategic partnership agreement to establish a collaborative operating model that supports the planning, structuring, and procurement of public-private partnerships (PPPs) for...
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