Business & Money | Sunday 2 February, 2025 10:33 am

The Arab Republic of Egypt secures USD 2 billion Syndicated Facility to Bolster Economic Growth

The Arab Republic of Egypt (“Egypt” or the “Borrower”), one of the largest and most diversified emerging markets in the Middle East and North Africa (MENA) region, acting through the Ministry of Finance, has successfully signed a USD 2 billion Syndicated Facility.  Emirates NBD...

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Business & Money | Sunday 2 February, 2025 10:21 am

Azizi Developments' Azizi Central reaches 21% construction milestone

Azizi Developments, a leading private developer in the UAE, has announced that the construction of Azizi Central, its contemporary residential development in Al Furjan, has reached 21% completion, with the handover expected for Q4 2025. The project has made significant progress, with...

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Business & Money | Sunday 2 February, 2025 10:14 am

Arabian Travel Market 2025’s Travel Tech exhibitors increase 25% year-on-year as value of global travel technology market hits $10.7 billion

With the global travel technology market currently valued at $10.7 billion, leaders and innovators from around the world are preparing to steer the future of the tourism industry at the 32nd edition of Arabian Travel Market (ATM), which will take place at Dubai World Trade Centre (DWTC) from 28...

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Business & Money | Sunday 2 February, 2025 10:11 am

WEF25: Saudi delegation calls for nations to put “greater good” first

The international community must prioritize cooperation and dialogue to overcome the challenges of a fragmented world, the Saudi delegation to the World Economic Forum (WEF) Annual Meeting 2025 said today. Calling for global collaboration to shape a prosperous future, Saudi Arabia’s Minister ...

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Business & Money | Sunday 2 February, 2025 10:05 am

NWC launched water purification plant in Al-Artawiya to serve 14,000 beneficiaries

The National Water Company (NWC), represented by its Central Cluster, announced the completion and operation of the drinking water purification plant in Al-Artawiyah Center in Al-Majmaah Governorate, Riyadh Region, with a daily distribution capacity of 5,000 cubic meters. The cost of the plant...

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Business & Money | Sunday 2 February, 2025 10:02 am

du elevates employee experience with Workvivo platform by Zoom

du, the leading telecom and digital services provider, today announced a partnership with Workvivo by Zoom. This collaboration aims to transform internal communications within du to embrace a future-oriented approach to employee engagement and company culture. It will help du maintain an open,...

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Business & Money | Thursday 30 January, 2025 9:58 am

Saudi Arabia’s NHC sees robust sales in 2025 amid lower interest rates

RIYADH: The CEO of NHC stated that lower interest rates in 2025 are expected to help the company exceed its 2024 achievements, with the reduced rates likely to boost sales. During a session titled “Enhancing Quality of Life: The Role of Real Estate in Community Development” on the...

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Business & Money | Thursday 30 January, 2025 9:56 am

Qatar official calls for GCC real estate boom to drive sustainable growth beyond oil

RIYADH: Oil-dependent countries in the Gulf Cooperation Council should focus on strengthening sectors such as real estate and tourism to ensure sustainable development, according to a Qatari official.  Speaking at the Real Estate Future Forum in Riyadh on Jan.27, the president of the ...

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Business & Money | Thursday 30 January, 2025 9:55 am

Experts highlight real estate financing, foreign investment at Saudi forum

RIYADH: Experts at the Real Estate Future Forum emphasized the evolving landscape of property financing in Saudi Arabia, pointing to strong bank portfolios, public-private partnership opportunities, and a focus on foreign investment. The Managing Director and Partner at Watheeq Financial...

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Business & Money | Thursday 30 January, 2025 9:54 am

Foreign investments set to revive Makkah’s property market: Ladun CEO

RIYADH: Saudi construction firm Ladun Investment Co. expects a surge in Makkah’s real estate sector following a key ruling by the market regulator allowing foreign investment in Saudi-listed companies owning property in the holy cities.  In an interview with Arab News at the Real Estate ...

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