Business & Money | Monday 29 September, 2025 1:16 pm

RCRC bars former property owners from applying via Tawazoun platform

The Royal Commission for Riyadh City (RCRC) said applicants who previously owned property and sold it are not eligible to apply through Tawazoun, the Real Estate Balance Platform. In a FAQs post on X platform, the authority noted that residency in Riyadh’s suburbs is not regarded as...

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Business & Money | Monday 29 September, 2025 1:14 pm

alrajhi bank Among the World’s Top Five Banks in Sustainability with MSCI “AA” ESG Rating

alrajhi bank has reinforced its international reputation by earning an “AA” rating from MSCI’s global ESG benchmark, becoming the only financial institution in Saudi Arabia to achieve this distinction. This recognition places the Bank among the top five banks worldwide with an “AA” or...

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Business & Money | Monday 29 September, 2025 1:12 pm

Masar extends SAR 4.5B Islamic facilities with Alinma Bank

Umm Al Qura for Development and Construction Co. (Masar) extended on Sept. 28 Sharia-compliant bank facilities agreements with Alinma Bank. These facilities included a long-term leasing agreement at SAR 4.1 billion and a Murabaha facility at SAR 400 million, according to a statement to...

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Business & Money | Sunday 28 September, 2025 12:11 pm

Sharjah Finance Department organises 5th Financial Forum

The Sharjah Finance Department organised the Fifth Financial Forum, as part of its ongoing efforts to enhance the efficiency of government financial systems and develop national cadres in accordance with international best practices and standards. This will consolidate Sharjah's position as an...

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Business & Money | Sunday 28 September, 2025 12:09 pm

UAE firm provides clean electricity to over quarter million homes in Chad

Abu Dhabi-based Global South Utilities (GSU), a resources investment company, announced today the inauguration of the Noor Chad 50 MW Solar PV Plant in N’Djamena, which will provide clean electricity to about 274,000 homes across the country. The inauguration was attended by Mahamat Ahmad...

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Business & Money | Sunday 28 September, 2025 12:07 pm

Abu Dhabi, Malaysia cooperate on developing next-generation autonomous platforms

K2, an Abu Dhabi government–owned company specialising in advanced autonomous systems and AI-driven technologies, today announced the signing of a Letter of Intent (LOI) with Pahang Aerospace City (PAC) and the University Malaysia Pahang Al-Sultan Abdullah (UMPSA) to cooperate on the development...

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Business & Money | Sunday 28 September, 2025 12:02 pm

Senior Chinese officials praise Arab vision for digital economy

Senior Chinese officials have lauded the Arab vision for the digital economy and underlined the UAE’s role as a regional model in digital innovation and transformation. This came during a series of meetings held by a delegation from the Arab Federation for Digital Economy with senior...

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Business & Money | Sunday 28 September, 2025 12:00 pm

ROSHN Group Returns as Foundation Partner of Cityscape Global for The Third Consecutive Year

ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, announced today that it will return as a Foundation Partner of Cityscape Global 2025 for the third consecutive year with the theme “Building The Difference, Shaping The...

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Business & Money | Sunday 28 September, 2025 11:56 am

Vision and innovation in alliance: Misk and NEOM partner to shape Saudi leaders

The 2030 Leaders Program, a flagship initiative of the Mohammed bin Salman Foundation (Misk), has announced a strategic partnership with NEOM to deliver Module 4 of Cohort 7, ‘Execute: Delivering strategies in a dynamic world.’  Hosted in NEOM – the sustainable region taking shape...

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Business & Money | Sunday 28 September, 2025 11:53 am

solutions inks SAR 313.4M contract with stc

Arabian Internet and Communications Services Co. (solutions) signed, on Sept. 25, a SAR 313.4 million contract with stc, a related party, to establish and develop internet and communications networks for the telecom company. In a statement to Tadawul, solutions said that the contract is valid...

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