Business & Money | Monday 5 October, 2026 6:56 pm

UAE Financial Intelligence Unit, VARA sign MoU to strengthen cooperation in combating financial crime

The UAE Financial Intelligence Unit (UAE FIU) and the Virtual Assets Regulatory Authority (VARA) have signed a Memorandum of Understanding (MoU) to enhance the exchange of information and expertise and strengthen joint coordination in combating financial crime involving virtual assets, supporting...

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Business & Money | Monday 5 October, 2026 6:54 pm

ADNEC Centre Abu Dhabi ready to host Global Food Week and AI Everything 2026

ADNEC Group, a Modon company, has confirmed the readiness of ADNEC Centre Abu Dhabi to host two major international events from tomorrow: the largest edition of Global Food Week 2026 and AI Everything 2026. The preparations underscore the Group's continued commitment to delivering world-class...

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Business & Money | Monday 5 October, 2026 6:50 pm

Crescent Enterprises, TVS Automobile Solutions announce strategic partnership to accelerate myTVS growth across India, UAE, MENA

Crescent Enterprises and TVS Automobile Solutions (TVS ASL) today announced a strategic partnership to support myTVS’ next phase of growth across India, the UAE and wider Middle East and North Africa (MENA). As part of the partnership, Crescent Enterprises has led a US$ 45 million Series D...

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Business & Money | Monday 5 October, 2026 6:36 pm

Al Yamamah Steel signs SAR 135.65M steel tower contract

Al Yamamah Steel Industries Co. signed a contract with Algihaz Contracting Co. to supply steel towers for a project to construct a 380 kV extra-high-voltage transmission line in the Western Region, with a total value of SAR 135.65 million. According to the company’s statement on Tadawul,...

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Business & Money | Monday 5 October, 2026 6:30 pm

Aramco's Nasser sees Brent reaching $200 without East-West Pipeline

Brent crude prices could have reached $200 per barrel without Saudi Aramco’s East-West Pipeline, CEO Amin Nasser stated. Speaking at the Energy Intelligence Forum in London, Nasser noted that physical crude prices sometimes trade $20-$50 per barrel above the Brent benchmark. Chinese...

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Business & Money | Monday 5 October, 2026 6:26 pm

MIS receives HUMAIN work order worth over 135% of 2025 revenue

Al Moammar Information Systems Co. (MIS) received on Oct. 4 work order No. 2 from HUMAIN, at a total value exceeding 135% of the company’s gross revenue for 2025, according to a statement to Tadawul. MIS said the work order has an execution period of 16 months, with the relevant...

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Business & Money | Monday 5 October, 2026 6:21 pm

Diriyah awards 2 construction contracts worth SAR 2.7B

Diriyah Co. awarded two contracts to construct five luxury hotels and three branded serviced apartment projects in Diriyah Square, totaling SAR 2.729 billion. According to a company statement, the first contract, valued at SAR 1.32 billion, covers the construction of three hotels and two...

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Healthcare | Monday 5 October, 2026 6:15 pm

"Oncoclinic" Enhances Breast Cancer Awareness Efforts and Places Patient Care at the Forefront of Its Priorities

In conjunction with the month of October, which annually witnesses Breast Cancer Awareness campaigns around the world, "Oncoclinic"emphasizes the importance of raising awareness of this disease and promoting a culture of early detection and periodic examinations, as they are among the most...

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Business & Money | Monday 5 October, 2026 1:26 pm

The Royal Institute of British Architects (RIBA) adapts global Plan of Work framework for Saudi Arabia for the first time

The Royal Institute of British Architects (RIBA) has launched the RIBA Plan of Work: Kingdom of Saudi Arabia Overlay, taking its internationally recognised project delivery framework and adapting for a single country outside the UK for the first time. Saudi Arabia's mega and giga-projects...

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Business & Money | Monday 5 October, 2026 10:23 am

ICD and EBL Close USD 10 Million Shariah-Compliant Term Finance Facility for Samuda Shipping Limited in Bangladesh

ICD has extended a USD 10 million, seven-year Shariah-compliant term finance facility to Samuda Shipping Limited (SSL), a concern of TK-Samuda Group, one of Bangladesh's largest conglomerates.Eastern Bank PLC (EBL) arranged the facility and serves as the Security Agent and Account Bank for the...

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