Business & Money | Thursday 16 July, 2026 8:00 am

Accor and Saleh Abdulaziz Al Rajhi to Launch ibis Makkah as Demand Evolves Beyond Traditional Peaks

Accor, a world-leading hospitality group, and Saleh Abdulaziz Al Rajhi & Partners, one of the largest real estate players in Saudi Arabia, are excited to announce the launch of ibis Makkah Al Maabdah, a new-build 518-key hotel being developed just 3 km from the Holy Mosque in Makkah’s...

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Business & Money | Wednesday 15 July, 2026 6:59 am

AWPT awarded SAR 101.3M contract with NWC

Alkhorayef Water and Power Technologies Co. (AWPT) announced today, July 14, the award of a SAR 101.32 million contract, excluding VAT, with National Water Co. (NWC) to operate and maintain water and sewage networks in Al Khobar. The company will execute the operations and maintenance works...

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Business & Money | Tuesday 14 July, 2026 8:00 am

National Water Company Constructs and Operates 5 Water Reservoirs in Riyadh at SR +128m

The National Water Company (NWC) announced the completion of a project to construct five water reservoirs in western Riyadh, as part of the second phase of the strategic water plan for the capital, Riyadh, at a total cost exceeding 128 million Saudi Riyals. The company explained that the...

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Business & Money | Tuesday 14 July, 2026 8:00 am

SHL renews SAR 1.82B facilities with ANB

SHL Finance Co. renewed today, July 13, a Shariah-compliant credit facilities agreement with Arab National Bank (ANB), a related party, with a total value of SAR 1.82 billion. In a statement to Tadawul, the company said the financing has a term of five years, noting that a promissory note and...

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Business & Money | Tuesday 14 July, 2026 6:29 am

Riyadh Development adopts CFA Institute's GIPs

Riyadh Development Co. (ARDCO) announced that it has adopted the Global Investment Performance Standards (GIPS) for Asset Owners, issued by the CFA Institute, according to a Tadawul statement. In addition, the company completed an independent verification of its investment performance policies ...

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Business & Money | Sunday 12 July, 2026 10:02 am

Masar signs 3 land sale agreements for SAR 441.1M

Umm Al Qura for Development & Construction Co. (Masar) signed three reservation agreements to sell land plots for SAR 441.1 million, according to a statement to Tadawul. The land plots, with a total area of 7,387 square meters, are located off the pedestrian boulevard within Zone 2 of the...

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Business & Money | Sunday 12 July, 2026 8:00 am

Saudi Arabia completes SAR 1B Boulevard Business Park project

Saudi Arabia completed the the Boulevard Business Park project within the Boulevard City, with investments exceeding SAR 1 billion, General Entertainment Authority (GEA), Chairman Turki Al Al Sheikh announced. In a post on X, Al Al Sheikh said the project comprises nine office buildings...

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Business & Money | Thursday 9 July, 2026 4:18 pm

"ZAIN KSA" PUBLISHES ITS 2025 SUSTAINABILITY REPORT

Zain KSA, the leading digital services provider in Saudi Arabia, has published its 2025 Sustainability Report, titled “Empowering an Intelligent, Sustainable World.”  The report highlights the progress the company has made in integrating sustainability principles across its operations ...

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Business & Money | Thursday 9 July, 2026 8:00 am

From Afforestation to Recycling – NWC Expands Its Sustainable Environmental Impact

The National Water Company (NWC) continues to expand its contribution to environmental sustainability and the protection of natural resources, reflecting its objective of preserving water resources for mankind, the environment, and the future of Saudi Arabia, and supporting the goals of Saudi...

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Business & Money | Wednesday 8 July, 2026 3:11 pm

A New Chapter for International Property Ownership in Madinah Knowledge Economic City welcomes eligible international buyers to own property in one of Islam's holiest cities

 Knowledge Economic City (KEC) has welcomed the Saudi Government’s approval of the Executive Regulations for the ownership framework of real estate by non-Saudis, together with the designation of the zones in which such ownership is permitted, marking a historic milestone that opens a new...

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