The indicative share price of SAR5 and SAR5.30 per share implies a market valuation of around SAR 2.8bn ($763.2m)
Since its inception, the SFD has supported over 800 projects across 100 countries, with a total funding of $20bn
The group unveiled an 11 million square feet project along Jumeirah’s coastline in collaboration with Dubai Maritime City, featuring Beyond’s upcoming developments
The Garn Al Sabkha-Sheikh Mohammed bin Zayed Road Intersection Improvement Project is part of RTA’s broader master plan to develop key east-west traffic corridors and arterial roads
The platform has collaborations with over 1,500 hospitals and wellness centres across the US, UK, Germany, UAE, Saudi Arabia, Thailand, India, Singapore and Egypt
The ratings agency said the positive outlook reflects Saudi Arabia’s potential to bring in more reforms and investments
The DISA programme will build upon Qualcomm’s successful track record of similar initiatives in regions such as Taiwan, India, Vietnam and Africa
The projects will bring AMEA Power’s total capacity in Egypt to 2,000MW of solar and wind power, accompanied by 900MWh of battery energy storage systems
Yas Island Lounge will welcome visitors headed to the destination with all the information they need to start planning their adventure
Charles Sansbury tells Gulf Business that data like oil requires substantial effort and infrastructure to unlock its full potential
AI’s predictive ability empowers agribusinesses to adjust planting schedules, optimise harvest times, and make well-informed decisions regarding crop selection
UAE President Sheikh Mohamed bin Zayed Al Nahyan and Chinese Premier Li Qiang met this week to discuss economic, political, and cultural cooperation between the nations
The project, slated for completion by the end of 2027, features a twin-tower development designed by Foster + Partners and is located in Marasi Marina
The creator of ChatGPT is in talks to raise $6.5bn from investors at a valuation of $150bn
The 20-week programme will provide farmers, agribusinesses, and technology providers with specialised financial solutions and advanced agri-tech tools
The asset management firm bought a majority stake in VFS Global from EQT in October 2021, with EQT retaining a minority position
Mada Media Company, a private joint-stock company (PJSC), will be tasked with managing, developing, and operating advertising sites across Dubai
The AI Centre will occupy two floors and integrate DMCC’s other tech-focused platforms, including the DMCC Crypto and Gaming Centres
Apart from the helipad for sky taxis, Bayz102 is expected to feature more than 40 amenities in Dubai’s Business Bay area
Mair Group’s assets include Makani Real Estate Company, which operates a diverse chain of community shopping centres, and SPAR for retail, which has been active in Abu Dhabi for over a decade
The investment management firm said it has served clients in the Middle East for many years, but Abu Dhabi office would be its first in the region
The city benefits from a thriving, diversified economy, fueled by strategic vision, structural reforms and prudent economic policies
Cohort 15 startups will benefit from up to Dhs250,000 worth of in-kind incentives and Dhs250,000 in cash for equity through a SAFE note
The new registry aims to “centralise Dubai’s population data, ensuring accuracy, comprehensiveness and real-time updates”, as per Dubai Media Office
The share buyback will be carried out through open-market purchases and financed by the lender’s retained earnings and excess cash
The airline had planned to go public this year, but it decided to wait until 2024 to showcase its strong financial performance
Nissan’s DVP and president – Middle East, Saudi Arabia & CIS discusses the brand’s impressive growth in the region, driven by a diverse product lineup, robust SUV demand, and customer-centric innovations
Bapco Energies and BlackRock signed another MOU to explore Bahraini infrastructure and decarbonisation projects in the future
The milling firm said that the retail subscription period will run from September 18 to September 19
Lavrov arrived in Saudi Arabia on an official visit on Sunday