Business & Money | Wednesday 5 August, 2026 8:00 am

Cenomi Centers says Westfield Jeddah begins operations

Arabian Centres Co. (Cenomi Centers) announced the completion of its Westfield Jeddah project, the receipt of its occupancy certificate, and the official launch of the on-site operational phase on July 30. In a statement to Tadawul today, Aug. 4, the company said the project had achieved...

More Details

Business & Money | Wednesday 5 August, 2026 8:00 am

ADNOC, SLB deploy AI platform across over 120 drilling rigs to strengthen upstream performance

ADNOC, in collaboration with SLB, has deployed its artificial intelligence (AI)-enabled Real-Time Operations Centre (RTOC) platform across its fleet of more than 120 rigs, providing teams with a faster and more connected way to monitor, analyse and manage drilling operations across its onshore and...

More Details

Business & Money | Wednesday 5 August, 2026 8:00 am

Sharjah Chamber boosts trade ties with Dominican Republic, India

The Sharjah Chamber of Commerce and Industry (SCCI) discussed ways to strengthen economic and trade cooperation with the Dominican Republic, encouraging the business communities of both countries to develop strategic partnerships across diverse investment fields. Discussions also focused on...

More Details

Business & Money | Wednesday 5 August, 2026 8:00 am

Empower's 'Dubai-it' Journey: Extraordinary story driven by vision, ambition to become world's largest district cooling services provider

Emirates Central Cooling Systems Corporation PJSC (Empower) highlighted that its operational performance and projects reflect the principles of the ‘Dubai-It’ approach launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of...

More Details

Business & Money | Wednesday 5 August, 2026 8:00 am

DP World to develop new Special Economic Zone in Kenya

DP World is expanding its investment in Kenya through the development of the Mombasa Industrial Park, a Special Economic Zone (SEZ) that will strengthen the country’s position as a regional trade and logistics gateway and address the growing demand for modern industrial and logistics...

More Details

Business & Money | Tuesday 4 August, 2026 8:00 am

HUMAIN makes strategic investment in Saudi AI firm MOZN

PIF-owned HUMAIN announced a strategic investment in Saudi AI company MOZN, combining its integrated AI ecosystem with MOZN’s enterprise products and field engineering expertise to accelerate secure, production-scale AI deployment across financial institutions and the public sector. In a...

More Details

Business & Money | Tuesday 4 August, 2026 8:00 am

SASCO sells subsidiary-owned land in Jeddah for SAR 44.5M

Saudi Automotive Services Co. (SASCO) signed an agreement to sell a land plot owned by its subsidiary, NAFT Services Company (NAFT), for a total value of SAR 44.5 million, excluding real estate transaction tax and brokerage commission. In a statement to Tadawul, the company said the...

More Details

Business & Money | Tuesday 4 August, 2026 8:00 am

MIS wins SAR 80.9M project with CMA

Al Moammar Information Systems Co. (MIS) won a project by the Capital Market Authority (CMA) worth SAR 80.88 million, including VAT. The project aims to deliver comprehensive managed services for the operation and enhancement of IT services. The scope of the work covers the operation and...

More Details

Business & Money | Tuesday 4 August, 2026 8:00 am

AI underpins future of smart, sustainable cities: Saeed Al Tayer

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), reviewed in an article published by the authority the exceptional outcomes of its strategic road map to become the world's first AI-powered utility. He said the initiative has delivered tangible achievements,...

More Details

Business & Money | Tuesday 4 August, 2026 8:00 am

Alpha Dhabi net profit surges 48% to AED9.8 billion in H1

Alpha Dhabi Holding, listed on the Abu Dhabi Securities Exchange, recorded net profit of AED9.8 billion in the first half of 2026, surging 48 percent compared with the same period of the prior year. Group revenue reached AED37.6 billion, representing a 5 percent increase versus the same period ...

More Details