Business & Money | Tuesday 6 January, 2026 8:00 am

Red Sea unit signs SAR 220M deal with Al Arab Hospital

Red Sea International Co.’s subsidiary, Fundamental Installation for Electric Work Co. Ltd. (First Fix), signed a contract with Al Arab Hospital Company Ltd. to execute works for the construction of a hospital project in South Obhur, Jeddah, valued at SAR 220 million (VAT exclusive). In a...

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Business & Money | Tuesday 6 January, 2026 8:00 am

MESC renews SAR 150M credit facilities with Alinma Bank

Middle East Specialized Cables Co. (MESC) renewed today, Jan.5, a Shariah-compliant credit facility agreement worth SAR 150 million with Alinma Bank, according to a statement to Tadawul. The company said the renewed facilities were increased by SAR 50 million compared with the previous...

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Business & Money | Tuesday 6 January, 2026 8:00 am

Saudi Arabia working on updated investment strategy: Al-Falih

Minister of Investment Khalid Al-Falih said that the ministry is working on an updated investment strategy, which will represent the second phase of the National Investment Strategy that successfully achieved its targets over the past five years. In remarks on the sidelines of today’s Shura...

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Business & Money | Monday 5 January, 2026 4:05 pm

Dubai to host PropTech Connect Middle East in February 2026

The Dubai Land Department will host PropTech Connect Middle East 2026, the first regional edition of the real estate technology event taking place through 4th to 5th February 2026 at the Grand Hyatt Dubai. The hosting of the event supports the objectives of the Dubai Economic Agenda, D33,...

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Business & Money | Monday 5 January, 2026 3:58 pm

Dubai World Trade Centre unveils H1 2026 calendar with 71 exhibitions, conferences

Dubai World Trade Centre (DWTC) on Monday announced its events calendar for the first half of 2026, featuring 71 international exhibitions and conferences across sectors including security, healthcare, food, energy, mobility, tourism, technology and culture. Mahir Julfar, Executive Vice...

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Business & Money | Monday 5 January, 2026 3:53 pm

UAE assumes MENAFATF presidency for 2026

The Middle East and North Africa Financial Action Task Force (MENAFATF) said on Monday that the United Arab Emirates has assumed the gorup's presidency for 2026, represented by Hamid Saif AlZaabi. The UAE’s presidency comes at a defining moment for the region, as MENAFATF prepares to launch...

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Business & Money | Monday 5 January, 2026 3:14 pm

The majority of IT professionals in KSA show openness to Cyber Immunity

The cybersecurity landscape in KSA is evolving rapidly, with organizations seeking more robust ways to protect their digital assets. A recent global study conducted by Kaspersky reveals a growing shift toward proactive security strategies, particularly the adoption of Secure by Design development...

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Business & Money | Monday 5 January, 2026 8:42 am

UAE aviation sector stands as key pillar of national economy with growing global presence

The UAE aviation sector continues to consolidate its position as one of the strategic pillars of the national economy and a global benchmark in governance, innovation and sustainability. During 2025, the sector recorded a series of qualitative achievements that reinforced its role in enhancing ...

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Business & Money | Sunday 4 January, 2026 1:39 pm

Emirates College for Advanced Education pioneers initiatives reinforcing educational excellence

Emirates College for Advanced Education (ECAE) advanced a range of initiatives in 2025 focused on empowering educational leaders and supporting innovation across the UAE’s education sector. Throughout the year, the college expanded its portfolio of internationally accredited academic...

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Business & Money | Sunday 4 January, 2026 1:34 pm

UAE President directs launch of ‘Community-Managed Virtual Authority' as Year of Community concludes

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed the launch of the Community-Managed Virtual Authority, a new initiative inspired by the vision of the UAE’s Founding Father, the late Sheikh Zayed, to enhance the role of skilled individuals in shaping the nation's future. The ...

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