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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Business & Money | Monday 28 April, 2025 10:52 am

EQUITATIVA REPORTS RECORD PERFORMANCE FOR EMIRATES REIT’S 2024 RESULTS

 Equitativa (Dubai) Limited (“Equitativa”), manager of Emirates REIT (CEIC) PLC (“Emirates REIT” or the “REIT”), today reported FY2024 financial results for Emirates REIT.  KEY HIGHLIGHTS Total property income grew by 79% year-on-year to USD 133m...

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Business & Money | Monday 28 April, 2025 10:22 am

“International Smart Card” and “MENA Fintech Association” Forge Strategic Partnership to Shape the Future of Digital Finance in the Region

The MENA Fintech Association (MFTA), a not-for-profit organisation based in Dubai and registered with the Abu Dhabi International Financial Centre (ADGM), today announced partnership with the International Smart Card (ISC), aka Qi, Iraq’s foremost provider of digital payments, fintech solutions,...

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Business & Money | Monday 28 April, 2025 10:19 am

Arabian Cement seeks to buy back 150,000 shares, SAR 595M reserve transfer

Arabian Cement Co.’s board of directors proposed the repurchase of up to 150,000 shares, or 0.15% of its common stock, to be held as treasury shares under its Long-Term Incentive Program (LTIP) in favor of its employees, aimed at attracting and retaining outstanding talent.   The...

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Business & Money | Monday 28 April, 2025 10:11 am

Eastern Province offers SAR 330B in investments: Al Falih

Saudi Arabia’s Minister of Investment, Khalid Al-Falih, said that the Eastern Province offers more than 600 investment opportunities, with a total value exceeding SAR 330 billion.   Speaking at the Jubail Investment Forum 2025, Al-Falih pointed out that the stock of foreign direct...

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Business & Money | Monday 28 April, 2025 10:06 am

Emaar EC reschedules SAR 3.39B bank facilities

Emaar The Economic City (Emaar EC) signed agreements on April 27 to reschedule existing bank facilities and secure new financing arrangements, the company said in a statement to Tadawul.   The agreements were signed with Alinma Bank, Saudi Awwal Bank (SAB), Banque Saudi Fransi...

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