Business & Money | Sunday 11 January, 2026 1:02 pm

Al Akaria unit signs SAR 550M credit facility with Alinma Bank

Saudi Real Estate Co.’s (Al Akaria) subsidiary, Saudi Real Estate Infrastructure Co. (Binyah), signed a Shariah-compliant credit facilities agreement valued at SAR 550 million with Alinma Bank, according to a Tadawul statement. The credit facilities have a one-year tenor and are...

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Business & Money | Sunday 11 January, 2026 12:59 pm

Bank Albilad completes issuance of $500M AT1 sukuk

Bank Albilad completed the issuance of USD-denominated additional tier 1 (AT1) capital sukuk worth $500 million. In a statement published on Tadawul, the bank said that settlement of the sukuk issuance will take place on Jan. 15. Sukuk Issuance Details TypeUSD-denominated AT1...

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Business & Money | Sunday 11 January, 2026 12:25 pm

Dubai Customs achieves global milestone in future foresight readiness

Dubai Customs has achieved a major milestone reflecting its institutional leadership and proactive approach to future foresight and strategic planning, after receiving a global accreditation in future foresight from the Global Innovation Management Institute (GIMI). This makes Dubai Customs the...

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Business & Money | Sunday 11 January, 2026 12:19 pm

11th RetrofitTech Buildings & Industrial Innovation MENA to Drive Regional Transformation Toward Net Zero 2050

As the UAE accelerates its national commitment to Net Zero 2050, the region’s leading platform for energy efficiency, sustainable development, and infrastructure modernisation returns with the 11th RetrofitTech Buildings & Industrial Innovation MENA Summit, taking place on 10 - 11 February...

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Business & Money | Sunday 11 January, 2026 11:40 am

NEOM Gaming Accelerator Welcomes Largest-Ever Cycle of Startup Studios

 NEOM, the sustainable regional development taking shape in northwest Saudi Arabia, has today announced the five game studios selected to receive funding as part of its annual flagship gaming accelerator ‘Level Up’. Coupled with an initial mentorship phase supporting a further 18 studios,...

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Business & Money | Sunday 11 January, 2026 11:38 am

SAL signs SAR 233M contract to develop Jeddah ground terminal Phase II

SAL Saudi Logistics Services Co. signed Jan. 8, a contract with Contracting & Construction Enterprises Co. (CCE) to carry out the construction works for the development of the SAL terminal at King Abdulaziz International Airport (KAIA) in Jeddah, with a total value of SAR 233 million,...

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Business & Money | Sunday 11 January, 2026 10:46 am

Saudi Arabia to Host Saudi Maritime Awards 2026 in Jeddah

Global attention is turning to the Kingdom of Saudi Arabia as it prepares to host the Saudi Maritime Awards (SMA) 2026, organized by Robban Assafina, on 29 January 2026 in Jeddah, under the patronage of His Excellency Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistics Services,...

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Business & Money | Thursday 8 January, 2026 3:42 pm

Department of Government Enablement records landmark year under AI-native vision

The Department of Government Enablement (DGE) celebrated a landmark year in Abu Dhabi’s journey to become the world’s first AI-native government by 2027, made possible through strong, whole-of-government collaboration that has delivered real-world impact across services, digital infrastructure...

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Business & Money | Thursday 8 January, 2026 3:41 pm

ADFD launches 'Abu Dhabi Global Water Platform' with value of $2 billion

Abu Dhabi Fund for Development (ADFD) announced the launch of the “Abu Dhabi Global Water Platform”, a strategic initiative designed to accelerate impactful development projects, unlock new investment opportunities, and support innovative solutions that advance the global water sector. The ...

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Business & Money | Thursday 8 January, 2026 3:39 pm

Ajman Chamber boosts economic ties with Nepal

Ajman Chamber of Commerce and Industry has discussed strengthening economic cooperation and developing direct investments with Nepal. Sheikh Sultan bin Saqr Al Nuaimi, Vice Chairman of Ajman Chamber, received Tej Bahadur Chhetri, Ambassador of Nepal to the UAE, at the Chamber’s headquarters. ...

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