18 Dhu al-Hijjah 1446 - 15 June 2025
    
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Eye of Riyadh

RAKEZ strengthens UAE–Italy investment dialogue during Milan business mission
Business & Money | Saturday 24 May, 2025 6:40 pm
Ras Al Khaimah Economic Zone (RAKEZ) successfully led a business mission to Milan, reaffirming its role as a bridge between global markets and the UAE. As part of the mission, RAKEZ hosted an exclusive business breakfast with senior Italian industry leaders and took part in the third edition of...
KSA is one of the world’s most dynamic and fast-moving digital economies: Checkout.com report
Business & Money | Saturday 24 May, 2025 6:25 pm
 As emerging technologies shape the next wave of economic transformation in the Middle East and North Africa, the Saudi market is consistently ranked among the most forward-leaning in both technology adoption and appetite, according to Checkout.com’s fifth annual MENA report.  The...
 Dubai Customs strengthens leadership in digital transformation
Business & Money | Saturday 24 May, 2025 6:24 pm
Dubai Customs has reaffirmed its ongoing dedication to enhancing its operations and services, as well as advancing digital transformation, by adopting and refining the highest international standards in managing government operations and services. These efforts are rooted in the use of advanced...
MENA is one of the world’s most dynamic and fast-moving digital economies: Checkout.com report
Business & Money | Saturday 24 May, 2025 6:19 pm
 As emerging technologies shape the next wave of economic transformation in the Middle East and North Africa, local markets are consistently ranked among the most forward-leaning in both technology adoption and appetite, according to Checkout.com’s fifth annual MENA report.  The...
BSF Capital says flynas IPO priced at SAR 80/shr
Business & Money | Thursday 22 May, 2025 9:44 am
BSF Capital, the lead manager, financial advisor and underwriter for the initial public offering of Saudi budget airline flynas, announced the completion of the book-building process for the institutional tranche, with the final offer price set at SAR 80 per share — the upper limit of the price...
Shalfa signs SAR 35.4M contract with ZATCA
Business & Money | Thursday 22 May, 2025 9:40 am
Shalfa Facilities Management Co. signed on May 21 a contract worth SAR 35.39 million with the Zakat, Tax, and Customs Authority (ZATCA), in partnership with Shalfa International Security Services, according to a statement to Tadawul. Under the contract, Shalfa will provide security guard...
Emirates Growth Fund announces first investment in Tarmeem Healthcare Holding
Business & Money | Thursday 22 May, 2025 9:32 am
Emirates Growth Fund (EGF), the UAE’s dedicated growth equity platform for scaling national SMEs backed by Emirates Development Bank (EDB), has announced its inaugural investment with a strategic minority stake in Tarmeem Healthcare Holding LTD, a rapidly growing healthcare provider transforming...
ExpoCulinaire 2025 opens at Expo Centre Sharjah
Business & Money | Thursday 22 May, 2025 9:30 am
The 7th edition of ExpoCulinaire, the Middle East’s leading event for the food service, hospitality and catering industry, opened today at Expo Centre Sharjah. Organised by Purple Kitchen Events and supported by the Sharjah Chamber of Commerce and Industry (SCCI), ExpoCulinaire 2025 runs...
Borouge, Mubadala Bio sign partnership agreement to strengthen UAE’s healthcare, life sciences sectors
Business & Money | Thursday 22 May, 2025 9:27 am
Borouge, a leading petrochemicals company, that provides innovative and differentiated polyolefins solutions, has signed a strategic cooperation agreement with Mubadala Bio, a life sciences company dedicated to pursuing better health outcomes for the UAE and beyond. The partnership will...
NMDC Energy, Al Gharbia join forces to accelerate pipeline manufacturing in UAE
Business & Money | Thursday 22 May, 2025 9:24 am
NMDC Energy PJSC, a provider of engineering, procurement and construction services for offshore and onshore energy clients, has signed a strategic Memorandum of Understanding (MoU) with Al Gharbia, the Abu Dhabi based advanced pipeline manufacturer, to explore ways to accelerate pipe production in...
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