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 Emirates NBD unveiles ‘Emirates NBD Gold’ branded gold bar

Emirates NBD has unveiled the ‘Emirates NBD Gold’, in presence of H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Emirates NBD Group and senior officials from the Group.

‘Emirates NBD Gold’ represents the first bank-branded gold bar in the UAE designed for savers and investors as it marks a significant milestone for Dubai’s growth in the Gold sector.

The launch strengthens Dubai’s reputation as a global hub for gold trading and investment and aligns with UAE’s wider vision of financial innovation, asset diversification and digital-first agenda positioning Emirates NBD as a key player in this agenda.

H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Emirates NBD Group, said, “I am very pleased and proud to announce the launch of the new ‘Emirates NBD Gold’. This initiative marks a step in Emirates NBD’s journey of transformation. The issuance reflects the bank’s position in the banking sector and its ability to launch quality products that meet investors’ aspirations and achieve global competitiveness in the banking sector. This issuance is a step in our ongoing efforts to achieve greater innovation and competitiveness in the gold markets, supported by the wise leadership of the United Arab Emirates. Emirates NBD Gold adds to our rich legacy and reflects our continuous efforts to support the national economy, drive long-term economic growth, and accelerate development in the region.”

Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD Group, said, “Emirates NBD has been part of the UAE’s story since 1963 when we have issued the first Letter of Credit helping open doors for gold trade. Today we carry the legacy forward as the first bank to issue a branded gold bar investment product bridging tradition with innovation.”

Emirates NBD Gold is available to all Emirates NBD Customers, through Emirates NBD Gold certificate which can be redeemed any time. The Certificate allows the investor to hold the bar in the safe custody of the Bank or take delivery of the gold as per the customer’s request. The Emirates NBD Gold Certificate is available to all Emirates NBD customers through their relationship managers and banks’s digital platform. Emirates NBD Gold is available in a sealed 10, 50 and 100 Gram denominations featuring the Emirates NBD Logo with each bar coming with a unique certificate of authenticity and ownership.

Story by WAM

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Business

Two major parks planned in Riyadh

Authorities in the Saudi capital have unveiled plans to develop two expansive public parks covering more than 310,000 square metres as part of a broader push to increase green spaces across the city.

The Riyadh Region Municipality confirmed on Wednesday that the new developments will be situated in the eastern and southern districts of the capital. The project is designed to transform the city’s urban landscape, shifting away from traditional park layouts toward integrated “urban destinations” that cater to both recreation and environmental sustainability.

Central to the design is a scenic valley that will serve as a functional and visual anchor for both sites. According to municipal officials, the parks are intended to bolster the city’s “urban fabric” by providing high-quality public areas that align with the quality-of-life goals set out in the Saudi Vision 2030 framework.

The facilities planned for the 317,200-square-metre footprint are extensive. Beyond standard greenery, the sites will feature a golf course, multi-purpose sports fields, and dedicated jogging tracks. Families will have access to children’s play areas and water features, while the inclusion of a theatre and designated event spaces suggests the parks will double as cultural hubs for the local community.

“These parks represent high-quality developments aimed at expanding public spaces across the capital,” the municipality said in a statement. The announcement noted that the projects would also include a range of commercial amenities, including restaurants and cafés, to ensure the parks remain active throughout the day.

This latest initiative follows a series of large-scale environmental projects in the Kingdom, where officials are increasingly prioritising “livability” as Riyadh undergoes population and infrastructure expansion. The municipality highlighted that the design focuses on “environmental sensitivity,” incorporating innovative greening techniques to manage the arid climate while maintaining sustainable water use.

“These parks represent high-quality developments aimed at expanding public spaces across the capital,” the municipality said in a statement. The announcement noted that the projects would also include a range of commercial amenities, including restaurants and cafés, to ensure the parks remain active throughout the day.

This latest initiative follows a series of large-scale environmental projects in the Kingdom, where officials are increasingly prioritising “livability” as Riyadh undergoes population and infrastructure expansion. The municipality highlighted that the design focuses on “environmental sensitivity,” incorporating innovative greening techniques to manage the arid climate while maintaining sustainable water use.

GN

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Business

Prince William to Official Visit Saudi Arabia in February

Britain’s Prince William is set to visit Saudi Arabia for the first time in an official capacity, Kensington Palace announced on Wednesday. The trip is scheduled from February 9 to 11, 2026.

Strengthening Ties Between the UK and Saudi Arabia

According to Kensington Palace, the visit comes as the UK and Saudi Arabia mark growing trade, energy, and investment partnerships. It also coincides with celebrations of nearly a century of diplomatic relations between the two nations.

A First for the Duke

This will be Prince William’s first official trip to Saudi Arabia, highlighting the importance of the country in the UK’s international relations and economic strategy.

What to Expect

While details of the itinerary haven’t been fully released, the visit is expected to include meetings with Saudi officials and discussions on trade, investment, and energy collaboration.

The visit signals a continued focus on strengthening ties between London and Riyadh, while marking a historic moment in Prince William’s international engagements.

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Business

Japan tourist arrivals hit record 42.7 million in 2025

Tourists to Japan hit a record 42.7 million in 2025, exceeding 40 million for the first time, Japan’s Tourism Minister, Yasushi Kaneko, told a press conference.

Total spending by inbound tourists reached 9.5 trillion yen ($60 billion) over the year, also ‌a record high.

WAM

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