Business & Money | Wednesday 8 July, 2026 2:38 pm

Saudi Arabia rises to 13th in FDI rankings

Saudi Arabia ranked 13th among the world's top 20 host economies for foreign direct investment (FDI) in 2025. According to the World Investment Report 2026 issued by the United Nations Conference on Trade and Development (UNCTAD), the Kingdom's ranking improved after FDI inflows surged nearly...

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Technology & IT | Wednesday 8 July, 2026 12:22 pm

Why Saudi Founders Choose Tekrevol

 Meta Description: Saudi founders are skipping local agencies for a reason. Here is why Tekrevol keeps winning the trust of builders across the Gulf.Every founder in Riyadh or Jeddah has heard the same pitch from a dozen local developers, fast turnaround, low price, big promises. Yet somehow,...

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Business & Money | Wednesday 8 July, 2026 9:10 am

Industry Ministry Hosts Workshop to Support Localization of Helicopter Manufacturing in Saudi Arabia

The Ministry of Industry and Mineral Resources has held a workshop on the Kingdom’s pioneering national helicopter manufacturing project, in collaboration with the National Center for Industrial Development and global aviation company "Airbus".Attended by Minister of Industry and Mineral...

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Business & Money | Wednesday 8 July, 2026 8:00 am

BlueFive Capital Closes Acquisition of Substantial Stake in Sidra Capital, forming BlueFiveSidra

BlueFive Capital, a global investment platform managing $15 billion in assets, has successfully completed the acquisition of a substantial stake in Sidra Capital, a leading Shariah-compliant asset manager headquartered in Jeddah. As part of the agreement, Sidra Capital will be rebranded...

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Business & Money | Wednesday 8 July, 2026 8:00 am

Mastercard supports an SME initiative with Jarir in Saudi Arabia

Mastercard is supporting a first-of-its-kind initiative involving Jarir in Saudi Arabia that provides Mastercard SME cardholders with access to discounts on products via Jarir e-commerce platform in June 2026. The limited-period market-wide campaign features a global payments network and a...

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Business & Money | Wednesday 8 July, 2026 8:00 am

Multiply Media Group Expands into Saudi Arabia Through Strategic Partnership with Cenomi Centers and the Launch of BackLite KSA

Multiply Media Group (MMG), the UAE-headquartered Out-of-Home media powerhouse and a subsidiary of 2PointZero Group PJSC, today announced its expansion into Saudi Arabia through a strategic partnership with Cenomi Centers, Saudi Arabia's leading owner, operator and developer of contemporary...

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Business & Money | Wednesday 8 July, 2026 8:00 am

Modon's Hudayriyat Golf Estates sets UAE record with more than AED13 billion in sales within days of launch

Modon has set a new benchmark for the UAE real estate market with the launch of Hudayriyat Golf Estates on Hudayriyat Island, Abu Dhabi. Within days of launch, the community achieved record-breaking sales exceeding AED13 billion, marking the highest publicly recorded sales value for a single...

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Business & Money | Wednesday 8 July, 2026 8:00 am

Etihad expands its African network with new Fastjet Zimbabwe partnership

Etihad Airways and Fastjet Zimbabwe have signed a Memorandum of Understanding (MoU) to establish a new interline partnership, codeshare agreement and frequent flyer partnership with Fastjet Zimbabwe. The collaboration will enhance connectivity giving guests access to destinations currently...

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Business & Money | Wednesday 8 July, 2026 8:00 am

SCCI launches new website

The Sharjah Chamber of Commerce and Industry (SCCI) has launched its new website, introducing an integrated digital platform that provides members, businesses and investors with streamlined access to the Chamber's electronic services, initiatives and economic data. The new platform supports...

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Business & Money | Wednesday 8 July, 2026 8:00 am

Gulftainer unveils US$2 billion global trade infrastructure strategy

Gulftainer today unveiled a new US$2 billion strategy to transform into a global trade infrastructure company, integrating ports, maritime shipping, inland logistics, industrial ecosystems and AI-powered supply chains into a single connected platform serving some of the world's fastest-growing...

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