Search Site

ADQ, Orion to establish JV

The partners commit to deploying $1.2bn in the next four years.

Alpha Dhabi acquires interest in NCTH

The deal increases NCTH's portfolio to 8 hotels with 1,500 keys.

Meraas awards construction contract

The $272m contract has been awarded for Bluewaters Bay.

SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

Saudi Customs impound 8.3m amphetamine pills

The authority confirmed that it is continuing to tighten control over the Kingdom’s imports to combat smuggling attempts.
  • The authority explained that the first consignment, which contained onions, was subject to customs procedures and examination through security techniques and police dogs
  • Three people were arrested by the General Directorate of Narcotics Control

The Saudi Zakat, Tax and Customs Authority has made a large seizure of Captagon amphetamine pills at Jeddah Islamic Port, impounding some 8.3 million pills being smuggled into the kingdom.

The authority explained that the first consignment, which contained onions, was subject to customs procedures and examination through security techniques and police dogs. In total, 3,054,000 Captagon pills were found hidden inside the consignment.

In the second attempt, 5,281,250 Captagon pills were hidden in a consignment of silicon barrels.

Three people were arrested by the General Directorate of Narcotics Control.

The authority confirmed that it is continuing to tighten control over the Kingdom’s imports to combat smuggling attempts.