News

NEOM Green Hydrogen Company (NGHC) has entered into a strategic partnership with Fahad Bin Sultan University in Tabuk, marking a significant step toward strengthening local talent and research capabilities in Saudi Arabia’s emerging clean energy ecosystem. The collaboration, formalized through a three-year Memorandum of Understanding, establishes a structured framework for cooperation across education, applied research,

NextEra, a fast-growing subsidiary of Aramco Digital, has announced the appointment of Mr. Mohammad AlSaif as its new Chief Legal and Compliance Officer, marking a significant addition to the company’s executive leadership team. This strategic appointment comes under the leadership of NextEra’s pioneering CEO, Dina Abo-Onoq, widely recognized for her visionary approach and dynamic leadership.

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, met today with Alex Chriss, President and CEO of PayPal, at his office in Nad Al Sheba. The discussions focused on advancing collaboration in digital payments, e-commerce growth, SME enablement, and cross-border financial

In a bold move to stabilize its real estate market, Saudi Arabia has implemented a five-year rent freeze across Riyadh, covering both residential and commercial properties, effective September 25, 2025. Enforced via royal decree, the policy aims to improve housing affordability, protect tenants, and support sustainable urban development. The decree prohibits any rent increase for

Dubai has unveiled a major business-friendly reform with the launch of the One Freezone Passport, an initiative spearheaded by the Dubai Free Zones Council (DFZC). The new scheme enables companies to seamlessly operate across multiple free zones within the emirate under a single license—cutting red tape and speeding up expansion efforts. This bold step aligns

In a strategic move to enhance its suite of everyday banking services, Wio Bank has announced a new partnership with Shory, the UAE’s leading digital insurance platform. The collaboration brings fully digital car insurance directly into the Wio Personal app—offering users a faster, more flexible way to get insured. Through this integration, Wio Personal customers

In a significant step toward strengthening UAE-China economic relations, the International Free Zone Authority (IFZA) has signed a reciprocal agreement with China’s Hainan Free Trade Port. The strategic partnership is set to streamline cross-border business collaboration and expand opportunities for entrepreneurs operating between the two dynamic markets. The UAE, particularly Dubai, continues to attract a

In a significant step toward deeper UAE-China ties, the Free Zones Authority of Ajman has signed a Memorandum of Understanding with the Sanya Central Business District Administration during a recent visit to China by H.E. Ismail Al Naqi, Director General of the Authority. The partnership aims to foster innovation, entrepreneurship, and sustainable growth, aligning Ajman’s