Business & Money | Sunday 15 November, 2026 7:34 pm

MOMAH issues over 80,000 building permits in 9M 2026

The Ministry of Municipalities and Housing (MOMAH) issued 80,760 building permits across Saudi Arabia in the first nine months of 2026. The development of the municipal licensing system and expansion of digital services through the Balady platform have streamlined permit procedures,...

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Business & Money | Sunday 15 November, 2026 7:32 pm

Work begins on Riyadh Metro Expo station

The Royal Commission for Riyadh City (RCRC) began construction of the Expo Station on the Riyadh Metro network, unveiling its architectural design as part of transport and infrastructure projects supporting the Kingdom's hosting of Expo 2030 Riyadh. In a statement, the commission said the...

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Business & Money | Sunday 15 November, 2026 10:02 am

Tabreed delivers resilient 9M 2026 performance with revenues of AED1.91 billion

National Central Cooling Company PJSC today announced its financial and operational results for the nine-month period ending 30th September 2026, reporting revenue of AED1.91 billion and net profit of AED320 million. Tabreed delivered revenue growth of 3 percent year-on-year to AED1.91 billion ...

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Business & Money | Sunday 15 November, 2026 9:57 am

Masdar strengthens US presence with Lockhart project completion

Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, has celebrated the completion of the US$950 million Lockhart Solar and Storage complex in California, marking another major milestone in the company’s growing US renewable energy portfolio. The Lockhart complex...

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Business & Money | Sunday 15 November, 2026 9:52 am

Dubai Electronic Security Center, ITU sign agreement to strengthen digital resilience

The Dubai Electronic Security Center (DESC) has signed an agreement with the International Telecommunication Union (ITU), the United Nations agency for digital technologies, to strengthen digital resilience. The signing took place on the sidelines of the ITU Plenipotentiary Conference 2026 (PP-26), ...

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Business & Money | Sunday 15 November, 2026 9:50 am

UAE built one of world’s most successful models for attracting FDI, says WPM report

The UAE has built one of the world’s most successful models for attracting foreign direct investment (FDI) and is now positioned to convert that capital into lasting innovation and skill development, according to a white paper from White Paper Media Consulting (WPM), a UAE-based strategic...

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Business & Money | Sunday 15 November, 2026 9:43 am

Dubai Chambers launches Quality Performance Lab for business excellence

Dubai Chambers organised the 'Quality Performance Lab' event to promote a culture of quality and institutional excellence within the business community and enable companies to enhance their performance and operational efficiency through innovative, interactive learning experiences and practical...

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Business & Money | Sunday 15 November, 2026 9:41 am

UAE, Mozambique conclude CEPA negotiations as non-oil trade reaches around $2.6 bn

The United Arab Emirates and the Republic of Mozambique have concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA). The final terms of the agreement were announced today in Abu Dhabi. The announcement took place in the presence of Daniel Francisco Chapo, President of the...

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Business & Money | Sunday 15 November, 2026 9:37 am

Salik records net profit of AED1 billion during first nine months of 2026

Salik Company PJSC, the exclusive operator of toll gates in Dubai, today announced its financial results for the three-month and nine-month periods ended 30th September 2026. The company reported total revenue of AED2,117.3 million for the first nine months of 2026, with EBITDA of AED1,449.6...

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Business & Money | Sunday 15 November, 2026 9:36 am

Acwa secures financial close of SAR 847.5M for Bash II wind farm in Uzbekistan

ACWA Power Co. (Acwa) said it has closed SAR 847.5 million ($226 million) in financing for the Bash II wind farm in Uzbekistan’s Bukhara region. In a statement to Tadawul, the company said the financing, which has a duration of 21 years, was provided by a consortium of international lenders, ...

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