Olayan Saudi is an investment arm of the kingdom’s Olayan Financing Company
Latest News
Dubai
Revealed: Gault&Millau UAE gala winners 2025
The exclusive gala event brought together 250 of the country’s leading chefs, sommeliers, restaurateurs, and industry professionals for the unveiling of the guide’s fourth edition
Federal Tax Authority
FTA urges registrants to take advantage of grace period and update records
Administrative penalties will be imposed once the grace period announced by the UAE cabinet ends on 31 March 2025
money transferring
UAE’s Al Fardan Exchange ties up with Visa for enhanced cross-border remittance services
The company announced launching a new cross-border remittance service through Visa Direct
End of service benefits UAE
Abu Dhabi’s Lunate launches Ghaf Benefits platform to transform UAE end-of-service gratuity
The platform is available to private sector employers and their employees across the country
Branded residences
Swiss-Belhotel International expands in Egypt with Swiss-Belresidences Manaj in New Cairo
The project features 200 premium apartments in the highly sought-after South Investors
IPO
What companies will IPO next? Up to 25 tech firms prepare for 2025 listing, report finds
A flurry of fintech, retail, and super-app firms are likely to hit the IPO market this year
Branded residences
Branded real estate: Four Seasons expands UAE presence with Ras Al Khaimah resort, private residences
Located in the Mina waterfront destination, the property will feature 150 rooms and 130 private residences
Abu Dhabi
AD Ports Group signs 50-year land lease agreement with Al Ain Mills
The deal includes development of a 50,000sqm facility with a storage capacity of 300,000 metric tons at Khalifa Port
Dubai
‘It was my mistake’: Salt Bae regrets touching football World Cup, ‘I’ll never do it again’
The notorious incident took place during Argentina’s celebrations after the FIFA World Cup final in 2022
Dubai
Salt Bae in talks for steakhouse in Neom, Jeddah, Mecca
The news comes after the Turkish butcher closed his Riyadh branch in early 2024
Dubai
EXCLUSIVE: ‘We are not expensive’: Salt Bae defends high prices for steak
Despite viral posts to the contrary, the celebrity chef believes his famous restaurant chain can accommodate any budget
financial institutions
United Arab Bank reports 30% jump in pre-tax profit for FY2024
Total assets for the Sharjah-based bank climb 22% to $5.85 billion driven by a 23% growth in loans, advances, and Islamic financing
healthcare industry
RPM-owned Prometheus Medical expands in Norway with new Oslo office
Response Plus Medical Services says the new office will fast-track its expansion in the Nordic region as part of global plans
Dubai
Salt Bae: Meet the butcher building a billion-dollar business one golden steak at a time
From meme to meat mogul, inside the rise of Nusret Gökçe aka Salt Bae
Connectivity
Riyadh Air becomes the official partner of LIV Golf League
Saudi Arabia’s new national airline signs a multi-year deal with the global league that guarantees prominent branding opportunities
AI adoption
Sukoon uses AI to eliminate medical exams in life insurance
A short video of the applicant’s face will measure key health metrics like heart rate, blood pressure, and respiration rate