Business & Money | Tuesday 25 November, 2025 8:00 am

Aldar advances phased delivery of Grade A logistics park at National Industries Park in Dubai

Aldar announced today a progress update on the construction of Aldar Logistics Centres, a next-generation Grade A logistics park located within the heart of National Industries Park (NIP), Dubai’s fast-growing industrial corridor. The project, which is part of a strategic partnership with DP...

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Business & Money | Tuesday 25 November, 2025 8:00 am

MoF concludes field visits programme under ‘Leaders of Finance’ initiative

The Ministry of Finance (MoF) concluded its Field Visits to Financial Institutions programme, held under the Leaders of Finance initiative in partnership with local finance departments, international financial institutions, and the Federal Youth Authority, to empower Emirati youth and prepare...

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Business & Money | Tuesday 25 November, 2025 8:00 am

Aramco mulls stake sale in oil terminals, real estate assets: Report

Saudi Aramco is considering the sale of a stake in its lucrative oil export and storage terminals as part of broader plans to divest several assets, Bloomberg reported, citing informed sources. Banks have been asked to pitch for roles on feasibility studies for potential disposals that...

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Business & Money | Tuesday 25 November, 2025 8:00 am

Abyat launches new logistics center in Dammam at over SAR 100M

The Minister of Transport and Logistics Services, and Chairman of the Saudi Ports Authority (MAWANI), Saleh Al-Jasser, inaugurated Abyat’s new regional logistics center at King Abdulaziz Port in Dammam, which spans over an area of more than 110,000 square meters, with an investment value...

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Business & Money | Tuesday 25 November, 2025 8:00 am

SAIB sells 44.4%-owned Riyadh land, records SAR 801.1M net proceeds

The Saudi Investment Bank (SAIB) finalized the sale of a 44.4%-owned land plot, located on Khurais Road in Riyadh. The bank’s share of net proceeds, after deducting auction-related costs and expenses, stood at SAR 801.1 million, according to a Tadawul filing. SAIB explained that...

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Business & Money | Tuesday 25 November, 2025 8:00 am

SWA achieves SAR 3.3B financial savings in 2024

The Saudi Water Authority (SWA) reported in 2024 its highest annual financial savings since launching its initiative to reduce desalinated water production costs. By year-end, savings reached SAR 3.3 billion, bringing the cumulative five-year savings to more than SAR 10.9 billion, the...

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Business & Money | Tuesday 25 November, 2025 8:00 am

Al-Khorayef says innovation, not factory count, defines industrial progress

Industrial progress is not measured solely by the number of factories, but by the sector’s ability to achieve industrial inclusiveness, drive innovation and ensure sustainability, Minister of Industry and Mineral Resources Bandar Al-Khorayef said. During his opening speech at the General...

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Business & Money | Tuesday 25 November, 2025 6:20 am

Everything You Need to Know Before You Start Trading Gold - The Complete JustMarkets Review

As 2025 unfolds, gold continues to show the same resilient behavior that has long made it a preferred asset during uncertain economic cycles. While short-term fluctuations are common, the metal has generally held its ground amid shifting interest-rate expectations and geopolitical...

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Business & Money | Monday 24 November, 2025 11:03 am

UAE strengthens climate leadership, rallies global efforts to finance climate action at COP30: Minister

Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, led the UAE delegation to the 30th UN Climate Change Conference (COP30) in Belém, Brazil, where she underscored the nation’s commitment to accelerating global climate action, mobilizing innovative financing mechanisms,...

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Business & Money | Monday 24 November, 2025 11:01 am

Mohammed bin Rashid approves Dubai Government’s General Budget Cycle for 2026-2028, largest in emirate’s history

In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has approved Law No. 15 of 2025 regarding the Government of Dubai's general budget cycle for the fiscal years 2026-2028, and the Dubai Government’s general budget...

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