MoU

SIB profit up 9%

Higher income from financing and investment drive growth.

Masar signs $82m land deal

Agreements signed with Abdulmohsin Al Rossais & Sons Group.

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1
  • NHC signs strategic deals worth $8 billion at the opening of Real Estate Future Forum 2025

    Riyadh, Saudi Arabia - The National Housing Company (NHC) has signed a series of agreements, deals, and memoranda of understanding (MoUs) with government entities and private sector companies, totaling nearly SAR 30 billion (USD 8 billion). This milestone was achieved under the patronage of Minister of Municipalities and Housing Majed...
  • UAE and Kenya sign agreement to enhance digital, tech cooperation

    Abu Dhabi, UAE--The UAE and Kenya have signed an investment memorandum establishing a framework for investment cooperation in digitalisation and technology. In addition to exploring investments in digital infrastructure and artificial intelligence (AI) services in Kenya, the cooperation may include developing data centre projects with a total capacity of up...
  • ENEC and General Atomics to collaborate on use of technology for nuclear energy

    Abu Dhabi, UAE--The Emirates Nuclear Energy Corporation (ENEC) today announced that it has signed a Memorandum of Understanding (MoU) with General Atomics (GA), a leading US advanced technology solutions company, to collaborate on using advanced technologies and materials for nuclear energy supply. They will also cooperate on prospects that utilise...
  • Du, Samsung ink agreement

    The two companies have signed a three-year partnership.
  • Dubai Chambers, DP World partner to lure global investment to the emirate

    Dubai, UAE--Dubai Chambers has signed a memorandum of understanding (MoU) with DP World to enable the chambers to leverage DP World’s global network to establish and host international representative offices at the group’s facilities around the world. The partnership aligns with the goals of the Dubai Global initiative launched by...
  • Ooredoo, Nokia sign MoU

    It will commit the two to sustainable innovation.
  • Jordan, Oman sign agreements to ramp up investments

    Amman, Jordan--Jordan and Oman have signed a raft of agreements to boost direct investment in both the countries. The first memorandum of understanding (MoU), which was signed by the ministries of investment of Jordan and Oman's ministry of trade, industry, and investment promotion, called for cooperation between the two parties...
  • Saudi Arabia, China sign MoU to develop air transport cooperation

    Beijing, China - Saudi Arabia and China on Thursday signed a memorandum of understanding (MoU) to develop air transport cooperation. The MoU was signed between General Authority of Civil Aviation (GACA) President, Abdulaziz bin Abdullah Al-Dauilej,  and Civil Aviation Administration of China Administrator Song Zhiyong. It is part of the ongoing...
  • solutions by stc, Devoteam ink MoU

    The aim is to foster avenues for collaboration in technology.
  • UAE signs pact to develop digital infrastructure in Greece  

    ABU DHABI, UAE  - The Ministry of Investment of the UAE and the Ministry of Digital Governance of the Hellenic Republic have signed a Memorandum of Understanding (MoU) to create a framework for investments in digital infrastructure with a focus on data center projects in Greece. The agreement was signed...
  • Dubai is a key player in global business landscape

    "The emirate is continuing to consolidate its position as an ideal platform that brings together creative ideas and innovative entrepreneurs – particularly in the field of modern digital technologies – creating more opportunities, building promising partnerships, and developing effective solutions and pioneering projects," he adds.
  • JADCO, EGG ink MoU on development of agriculture in Saudi Arabia

    RIYADH, SAUDI ARABIA - The Ministry of Environment, Water and Agriculture witnessed the signing of a memorandum of understanding (MoU) between Al Jouf Agricultural Development Company (JADCO) and E Green Global (EGG) of the Republic of Korea. The agreement involves the transfer and localization of potato seed production techniques in...
  • UAE, Malaysia sign MoU to enhance ties in digital-infrastructure sector

    Abu Dhabi, UAE-- The UAE and Malaysia have signed a memorandum of understanding (MoU) to boost investment cooperation in the digital-infrastructure sector with an emphasis on data centres in Malaysia. The MoU centres on establishing robust and efficient collaboration through the development of bilateral relationships between public and private organisations....
  • ASFAR, Municipality of Al-Ahsa sign agreement

    RIYADH, SAUDI ARABIA - ASFAR, the Saudi tourism investment company wholly owned by the Public Investment Fund of Saudi Arabia, and the Municipality of Al-Ahsa signed an Memorandum of Understanding (MoU). The MoU aims to develop a major tourism attraction in the Eastern Province of the Kingdom of Saudi Arabia,...
  • Saudi Arabia, China ink MoU in accounting and auditing

    RIYADH, SAUDI ARABIA – The Kingdom and the People’s Republic of China signed on Monday in Beijing a memorandum of understanding for cooperation in the field of accounting, auditing and professional work. The agreement was signed by General Court of Audit (GCA) President Dr. Hussam Al-Angari and Auditor General of...
  • UAE and India sign MoUs to deepen ties in renewable energy, healthcare

    Abu Dhabi, UAE--The UAE Ministry of Investment has signed three memorandums of understanding (MoUs) with India, setting out frameworks for the expansion of bilateral investment cooperation in the renewable energy, food processing and healthcare sectors. The agreements were signed by the respective Indian ministries, underscoring the UAE’s strong commitment to...
  • Saudi Arabia, Belarus ink MoU to boost trade, investment

    RIYADH, SAUDI ARABIA - The Federation of Saudi Chambers and the National Center for Marketing and Price Study at the Ministry of Foreign Affairs of Belarus signed on Monday a memorandum of understanding to boost investment and trade between the two countries. The memo was signed at the federation's headquarters...
  • Ahli Islamic signs agreement with AAOIFI to support Islamic banking

    MUSCAT, OMAN - As part of its ongoing efforts to support the Islamic banking industry, ahli Islamic signed a Memorandum of Understanding (MoU) with the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). The primary goal is to reinforce collaboration in capacity building within ahli Islamic and foster the...
  • Dragon Oil, Turkmennebit ink MoU

    Aim is to expand Dragon Oil’s investments in Turkmenistan.
  • Tunisia, Saudi Arabia sign 7 MoUs in various sectors

    Tunis - Tunisia and Saudi Arabia signed seven memoranda of understanding in various fields and sectors on Wednesday afternoon The agreements were signed between acting Tunisian Minister of Economy and Planning, Sihem Nemsia Boughdiri, and Saudi Minister of Industry and Mineral Resources, Bandar bin Ibrahim AlKhorayef. during the 11th session...
  • TDRA inks pact with PCFC’s Dubai Maritime Authority

    DUBAI, UAE - The Telecommunications and Digital Government Regulatory Authority (TDRA) has signed a Memorandum of Understanding (MoU) with the Dubai Maritime Authority of Dubai Ports, Customs and Free Zone Corporation (PCFC). This partnership marks a significant stride in improving the regulatory framework for maritime business operations to enhance efficiency...
  • Deyaar, Arady Properties sign MoU

    Deyaar is a leading real estate developer in Dubai.
  • Saudi EXIM Bank, DBK sign MoU

    It will boost the trade between Saudi Arabia and Kazakhstan.
  • UAE, Kazakhstan sign MoU to combat financial crimes

    ASTANA, KAZAKHSTAN – UAE and the Republic of Kazakhstan signed an agreement to enhance bilateral cooperation in the combating of financial crimes. UAE’s Executive Office of Anti-Money Laundering and Counter Terrorism Financing (EO AML/CTF) and the Financial Monitoring Agency of Kazakhstan (FMA) have formally inked a Memorandum of Understanding (MoU)....
  • UAE to strengthen digital infrastructure in Azerbaijan

    Abu Dhabi, UAE – The UAE and Azerbaijan have signed a Memorandum of Understanding (MoU) aimed at strengthening the digital infrastructure in Azerbaijan with a focus on the development of data centers.  The MoU was signed by Mohamed Hassan Alsuwaidi, Minister of Investment of the UAE, and Rashad Nabiyev, Minister...
  • ENEC, CNNC sign MoU

    Both the firms will offer their expertise in the sector.
  • ADX signs MoU with SZSE

    The agreement will bolster cross-border ETF cooperation.
  • Silal and MBZUAI sign MoU

    The agreement will bring AI innovation to food production.
  • ENEC, X-energy sign agreement

    The firms will collaborate on nuclear energy technologies.
  • ENEC signs MoU with Egypt

    They will explore to advance the use of nuclear energy.
  • UAE’s GCAA signs MoUs with Brazil, Switzerland in air-transportation sector

    Riyadh, Saudi Arabia--The General Civil Aviation Authority (GCAA) of the UAE signed two memorandums of understanding (MoUs) with Brazil and Switzerland to strengthen cooperation in the field of air transportation with Brazil and Switzerland. The agreements were signed on the sidelines of the UAE delegation's participation in the fifteenth ICAO...
  • FAB partners with Engie

    They will advance solutions in financial decarbonization.
  • Turkish Airlines, Riyadh Air ink MoU

    The pact will benefit customers of both the airlines.
  • Saudi Arabia, Turkiye strengthen collaboration in agriculture, water management

    RIYADH, SAUDI ARABIA – The Kingdom's Minister of Environment, Water and Agriculture Eng. Abdurrahman bin Abdul Mohsen Al-Fadhli signed a memorandum of understanding (MoU) with the Turkish Minister of Agriculture and Forestry İbrahim Yumaklı. The MoU aims to strengthen cooperation and enhance production capabilities in the domains of agriculture, livestock...
  • UAE’s ENEC signs MoU with TerraPower for nuclear-technology development

    Dubai, UAE--The Emirates Nuclear Energy Corporation (ENEC) has signed a memorandum of understanding with TerraPower, an American nuclear innovation company, to collaborate in various areas of technological development. The MoU was signed during COP28 by Ahmed Al Mazroui, Nuclear Research and Development Vice President of ENEC, and Chris Levesque, President...
  • Saudi Space Agency, US Sierra Space partner to develop national capabilities

    Riyadh, Saudi Arabia - The Saudi Space Agency (SSA) signed a memorandum of understanding (MoU) with Sierra Space, a leading US company in the field of space technologies, to exchange knowledge, skills and experiences and develop national capabilities and competencies in fields related to the space sector. The memorandum was...
  • ENOC and Neste sign MoU to drive sustainable aviation fuel initiatives

    Dubai, UAE--ENOC Group has signed a memorandum of understanding (MoU) with Neste, the world's leading producer of sustainable aviation fuel (SAF), in a pivotal step towards exploring the possibilities of supplying and purchasing of SAF regionally in the coming years. This ambitious goal underscores ENOC's proactive approach to fostering a...
  • Eve Air Mobility, flynas ink MoU

    The firms will explore starting eVTOL services in Saudi Arabia.
  • CBUAE and People’s Bank of China renew currency-swap agreement

    Abu Dhabi, UAE--The Central Bank of the UAE (CBUAE) and the People’s Bank of China today signed an agreement to renew the currency swap between the UAE and China and a memorandum of understanding (MoU) to enhance technical and technological cooperation in the development of central bank digital currencies. The...
  • Solutions+, EIH sign MoU

    The pact will help in creating job opportunities in the UAE.
  • UAE a key player in global financial landscape: NYSE vice-chairman

    Abu Dhabi, UAE--The UAE has solidified its stature as a key player in the global financial landscape, through launching economic projects and initiatives that have made it an ideal partner for the NYSE in exploring new markets, said John Tuttle, Vice Chairman of the New York Stock Exchange (NYSE) and...
  • Saudi Arabia boosts ‘investment relations’ with African countries

    Riyadh, Saudi Arabia-- Saudi Arabia's Ministry of Investment has held a number of roundtable meetings with several African countries on the sidelines of the Saudi-African summit in order to enhance business ties with them. The Saudi-Chadian roundtable meeting was held yesterday, in the presence of the President of the Republic...
  • Export Bahrain and Alibaba sign MoU to boost global trade

    Manama, Bahrain--Export Bahrain and Alibaba.com have signed a memorandum of understanding (MoU) to boost global trade and economic growth in Bahrain. The MoU signed during the 6th China International Import Exhibition held in Shanghai, will enable Export Bahrain and Alibaba.com to leverage their respective strengths and expertise to facilitate trade,...
  • Ducab, Somagec ink MoU

    The MoU will enable UAE-based firm to enter Angolan market.
  • UAE and Jordan sign MoU to boost investment cooperation

    Abu Dhabi, UAE--The UAE and Jordan have signed a memorandum of understanding (MoU) to create a framework for investment cooperation in key areas including infrastructure and development projects, while further strengthening the two countries’ enduring strategic partnership. The agreement was signed between the Ministries of Investment of the UAE and...
  • NMDC, AD Ports Group ink MoU

    The firms will continue to work closely on future global projects.
  • Saudi Ministry of Investment and Agility sign MoU to boost healthcare sector

    Riyadh, Saudi Arabia-- Saudi Arabia and Agility have signed a memorandum of understanding (MoU) to introduce cutting-edge health technology and services to the kingdom's healthcare sector. As per the terms of the agreement, Agility and MISA will explore four areas of collaboration in the healthcare sector. This includes the potential...
  • QFZ, Samsung C&T ink MoU

    The two will collaborate in green, sustainable technologies.
  • Nedaa, Dubai Customs ink MoU

    MoU to enhance digital solutions for efficiency.
  • Knowledge E and HBMSU sign agreement to ‘reshape future of education’

    Dubai, UAE-- Hamdan Bin Mohammed Smart University (HBMSU) and Knowledge E have signed a memorandum of understanding to reshape the future of education in the emirates. The MoU was signed by Dr. Fahad Al Saadi, HBMSU Vice Chancellor, Learners Development, and Kamran R. Kardan, Founder and Chief Executive Officer of...