Business & Money | Tuesday 29 April, 2025 8:56 am

Saudi Arabia undergoes economic revolution: Prince Alwaleed bin Talal

Prince Alwaleed bin Talal Al Saud said the transformation taking place in Saudi Arabia is both historic and personal, expressing confidence in the country’s shift toward economic diversification, while referring to the Kingdom’s sweeping social reforms.  In an interview with Forbes...

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Business & Money | Tuesday 29 April, 2025 8:52 am

Property rental rules underway: Al-Hogail

Saudi Arabia’s Minister of Municipal and Rural Affairs and Housing, Majid Al-Hogail, said Riyadh needs between 120,000 and 130,000 new housing units annually due to strong demand, while the market currently supplies only 40% to 50% of that need.   He said recent government measures ...

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Business & Money | Tuesday 29 April, 2025 8:45 am

Saudi Aramco's unit, Sinopec ink $4B JV deal

Saudi Aramco's Singapore-based unit, Aramco Asia Singapore Pte. Ltd. (AAS), signed an agreement with China Petroleum & Chemical Corp. (Sinopec) and its unit Fujian Petroleum Chemical Company Ltd. (FPCL) to establish a joint venture (JV) company with a registered capital of $3.95 billion,...

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Business & Money | Tuesday 29 April, 2025 8:44 am

Exclusive Forbes Middle East Interview with HRH Prince Alwaleed bin Talal Al Saud On Power, Tariffs & The New World Order

 In a landmark conversation at Kingdom Center Tower in Riyadh, His Royal Highness Prince Alwaleed bin Talal Al Saud sat down exclusively with Forbes Middle East, offering rare and timely insights into the implications of a potential second Trump presidency, the mounting risks of global...

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Business & Money | Tuesday 29 April, 2025 8:43 am

Saudi Arabia’s leading automotive aftermarket event inaugurated by Mr. Ajlan bin Saad Al-Ajlan

Automechanika Riyadh, Saudi Arabia’s leading regional trade show for the automotive aftermarket industry, has been officially inaugurated by Mr. Ajlan Saad Al-Ajlan, Vice Chairman of Board of Directors, Riyadh Chamber, with the event continuing until Wednesday, 30 April, at the Riyadh...

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Business & Money | Tuesday 29 April, 2025 8:34 am

World With Purpose KSA 2025 opens in Riyadh, leading the agenda for global and regional family businesses driving sustainable economic development

The second edition of World With Purpose KSA 2025, created by Roberta Calarese, Founder and CEO of GHAYA, opened earlier today in Riyadh, under the theme The Purpose Legacy – Where family businesses meet to write the future. GHAYA, the organisation behind World With Purpose, has firmly...

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Business & Money | Tuesday 29 April, 2025 8:30 am

Azizi Developments’ Burj Azizi wins ‘Iconic Design of the Year’ at the Finance World Magazine’s UAE Realty Awards 2025

Azizi Developments, a leading private developer in the UAE, has received the ‘Iconic Design of the Year’ award for Burj Azizi, the world’s second-tallest tower, at the UAE Realty Awards 2025 hosted by Finance World Magazine. This accolade underscores not only the project’s impressive...

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Business & Money | Tuesday 29 April, 2025 8:26 am

du becomes the first operator in the region to partner with FreeMove Alliance to enhance global connectivity solutions

du, the leading telecom and digital services provider, today announced a partnership with FreeMove Alliance, the global mobile telecommunications alliance between Deutsche Telekom, Orange, Telia, and TIM. du is the first in the region to partner with FreeMove, marking a significant enhancement in...

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Business & Money | Monday 28 April, 2025 3:44 pm

Exito Brings the 37th Edition of the Digital Transformation Summit to the UAE

A leading government entity in the UAE has successfully redefined operational efficiency through a strategic digital overhaul, implementing an AI-powered risk assessment system integrated with blockchain and predictive analytics. This transformation has resulted in a 35% improvement in cargo...

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Business & Money | Monday 28 April, 2025 1:15 pm

RAKEZ welcomes 3,676 new companies in Q1 2025, marking 23% year-on-year growth

Ras Al Khaimah Economic Zone (RAKEZ) recorded a 23% increase in new business registrations during the first quarter of 2025, compared to the same period in 2024, with 3,676 new companies joining the emirate’s thriving business community. This strong performance reflects the momentum of a dynamic...

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