Business & Money | Tuesday 9 December, 2025 1:18 pm

Alpha Dhabi Holding to adopt three-year dividend policy, share buyback programme

Alpha Dhabi Holding PJSC (Alpha Dhabi), one of the fastest-growing investment holding companies in the MENA region, listed on the Abu Dhabi Securities Exchange (ADX: AlphaDhabi), today announced the proposal of three-year dividend policy that provides for annual dividends of AED2 billion equivalent ...

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Business & Money | Tuesday 9 December, 2025 1:16 pm

Abu Dhabi hosts inaugural 'TIME100 Impact Awards'

The inaugural edition of the TIME100 Impact Awards was held in Abu Dhabi to recognise leaders from across the world who have transformed their companies, their industries, or their communities. In the presence of Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, Jessica Sibley, TIME...

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Business & Money | Tuesday 9 December, 2025 1:14 pm

Lumo, Mercedes-Benz, Momenta to launch premium autonomous robotaxi fleet in Abu Dhabi

A UAE National Taxi company specialising in autonomous mobility, Lumo, announced the launch of a premium autonomous robotaxi fleet for Abu Dhabi in partnership with Mercedes-Benz and Momenta, a world pioneer in autonomous driving AI. Powered by Momenta’s L4 autonomous driving system and...

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Business & Money | Tuesday 9 December, 2025 1:12 pm

Nasdaq Dubai welcomes $500 million bond listing by Bank of China Dubai Branch

Nasdaq Dubai has welcomed the listing of a USD 500 million floating-rate bond issued by Bank of China Dubai Branch under its USD 40 billion Medium Term Note Programme. The three-year conventional bond, maturing on 24 November 2028, set a record for the narrowest issuance spread of US dollar bonds...

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Business & Money | Tuesday 9 December, 2025 1:09 pm

Saudi Arabia’s aviation authority signs MoU to launch air taxi services

The General Authority of Civil Aviation (GACA) announced the signing of a memorandum of understanding (MoU) with US-based Archer Aviation to operate air taxi services across the Kingdom. The agreement was signed during the CoMotion Global 2025 Summit in Riyadh, the Saudi Press Agency (SPA)...

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Business & Money | Tuesday 9 December, 2025 1:08 pm

NHC CEO warns of rising land prices

The CEO of National Housing Co. (NHC) Mohammad Albuty said that balanced prices encourage developers to offer higher-quality products. However, rising land prices in Saudi Arabia are hurting everyone, including developers and buyers, he added. Speaking to Fi Al-Soura TV program, Albuty...

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Business & Money | Tuesday 9 December, 2025 1:03 pm

Saudi Arabia, Qatar ink deal to build high-speed electric rail link

Saudi Crown Prince Mohammed bin Salman and Qatar’s Emir Sheikh Tamim bin Hamad Al Thani signed an agreement to implement a high-speed electric passenger railway between Saudi Arabia and Qatar. The rail line will span 785 kilometers (km), linking Riyadh and Doha and passing through key...

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Business & Money | Tuesday 9 December, 2025 12:57 pm

Diriyah, Apple sign lease deal to open retail store in Diriyah Square

Diriyah Co. signed a lease agreement with Apple to open its flagship store in the heart of Diriyah Square, marking a major milestone in the development of the premier retail district, SPA reported. This announcement follows Apple’s recent confirmation that it will introduce the first of...

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Business & Money | Monday 8 December, 2025 6:26 pm

Where global talent meets global impact - Alliance Top Award 2025

As guests took their seats inside the venue in Dubai’s cultural district, a world map slowly illuminated on the ceremony’s main screen - first Asia, then Europe, then the Americas, Africa, and Oceania. Each glowing point marked a country whose talent entered this year’s Alliance Top Award....

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Business & Money | Monday 8 December, 2025 2:21 pm

Azizi Developments' Beachfront I in Riviera reaches 94% construction milestone

Azizi Developments, a leading private developer in the UAE, has announced that Beachfront I in Azizi Riviera, its French Mediterranean-inspired waterfront community in Meydan, MBR City, has now reached 94% completion, marking steady progress towards its scheduled completion by the end of the...

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