Business & Money | Sunday 28 December, 2025 9:59 am

Dubai Customs maintains "Best Workplace" accreditation for sixth consecutive year

Dubai Customs has cemented its global position in the field of workplace development, receiving the "Best Workplace" certification from the Great Place to Work institution for the sixth consecutive year, an achievement that confirms the sustainability of its institutional approach to empowering...

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Business & Money | Sunday 28 December, 2025 9:43 am

REGA refers developers of 14 real estate projects to Public Prosecution

Saudi Arabia’s Real Estate General Authority (REGA) referred developers of 14 real estate projects to the Public Prosecution after detecting violations, including engaging in off-plan sales and collecting funds from beneficiaries without obtaining the required licenses. The violations were...

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Business & Money | Sunday 28 December, 2025 9:29 am

Alamar Foods signs SAR 30M credit facility with SAB

Alamar Foods Co. signed today, Dec. 28, signed a Shariah-compliant credit facility worth SAR 30 million with Saudi Awwal Bank (SAB), the company said in a statement to Tadawul. The one-year facility aims to support the company’s financing needs and enhance the efficiency of its liquidity...

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Business & Money | Sunday 28 December, 2025 9:04 am

ACWA Power signs SAR 1.5B desalination deal in Azerbaijan

ACWA Power Co. signed, on Dec. 27, a public-private partnership (PPP) agreement, along with several related agreements, to develop the first large-scale seawater reverse osmosis (SWRO) desalination plant in the Caspian Sea in Azerbaijan, valued at approximately SAR 1.5 billion ($400...

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Business & Money | Sunday 28 December, 2025 9:00 am

Umm Al Qura sells 2 land plots within Masar for SAR 228.4M

Umm Al Qura for Development and Construction Co., the owner, developer and operator of Masar Destination, sold two land plots within Masar for SAR 228.4 million, excluding any associated taxes and fees which are borne by the buyer.       ...

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Business & Money | Friday 26 December, 2025 12:00 am

Social Development Bank Concludes the Second Edition of DeveGO25 Forum with 25,000 Participants

The Social Development Bank (SDB) concluded the second edition of the Entrepreneurship and Modern Business Practices Forum, “DeveGo 2025”, announcing the achievement of high-impact outcomes that further reinforced the forum’s position as the largest national platform in the region...

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Business & Money | Friday 26 December, 2025 12:00 am

Social Development Bank Concludes the Second Edition of DeveGO25 Forum with 25,000 Participants

The Social Development Bank (SDB) concluded the second edition of the Entrepreneurship and Modern Business Practices Forum, “DeveGo 2025”, announcing the achievement of high-impact outcomes that further reinforced the forum’s position as the largest national platform in the region...

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Business & Money | Thursday 25 December, 2025 9:44 am

ADQ closes $5 billion financing deal with Asian financial institutions

ADQ, an active sovereign investor focused on critical infrastructure and global supply chains, on Wednesday announced the successful closing of its debut five-year, US$5 billion syndicated term financing deal in the Greater China region.Due to strong demand from financial institutions in China, the ...

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Business & Money | Thursday 25 December, 2025 9:43 am

UAB successfully concludes AED1.0 billion, 2-year Senior Unsecured Dual Tranche Term Loan Facility

United Arab Bank (UAB) announced the successful conclusion of its AED1.0 billion, 2-year Senior Unsecured Dual Tranche Term Loan Facility. The new facility further strengthens UAB’s balance sheet by enhancing its ability to support clients’ needs while advancing the Bank’s strategic...

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Business & Money | Thursday 25 December, 2025 9:42 am

AD Ports Group achieves highest Tier IV standard for data centre accreditation from Uptime Institute

AD Ports Group today announced it is the first global trade and logistics company to achieve Tier IV Certification of Constructed Facility, the highest standard in data centre accreditation, from the Uptime Institute – a New York-based premier certification network for data centre...

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