Business & Money | Thursday 21 May, 2026 8:22 am

Nominations open for the 2026 Almarai Prize for Scientific Creativity across national and international tracks

Almarai Prize for Scientific Creativity has opened nominations for the 2026 cycle, covering both the national Almarai Prize for Scientific Innovation and the international Almarai Prize, offered in strategic partnership with King Abdulaziz City for Science and Technology (KACST) and Almarai...

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Business & Money | Wednesday 20 May, 2026 11:16 am

Saudi Awwal Bank Signs SAR 6.4 Billion Financing Agreement with AlBawani

 Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia, has signed a SAR 6.4 billion bilateral financing agreement with AlBawani,  one of the companies in which the Public Investment Fund (PIF) ultimately holds a stake, and  which stands among the major...

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Business & Money | Wednesday 20 May, 2026 11:08 am

FHS Saudi Arabia Pre-event feature: hospitality investment outlook

 Saudi Arabia is set to deliver 358,000 new hotel rooms to meet rising tourism demand and prepare for major upcoming global events, unleashing a wealth of hospitality investment opportunities in the Kingdom. Future Hospitality Summit (FHS) Saudi Arabia, taking place from 22-24 June at...

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Business & Money | Wednesday 20 May, 2026 11:00 am

AI to Add $15.7 Trillion to Global Economy by 2030 — But at a Rising Environmental Cost

Artificial intelligence is rapidly reshaping economies, industries, and everyday life at a pace few technologies have achieved before. It is accelerating medical research, improving access to education, strengthening logistics networks, helping cities predict infrastructure failures, and enabling...

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Business & Money | Tuesday 19 May, 2026 2:39 pm

AD Ports Group launches cruise, ferry terminal services in Egypt

AD Ports Group on Tuesday announced the commencement of cruise services at its three terminals in Sharm El Sheikh, Hurghada, and Safaga in Egypt, in addition to facilitating ferry services connecting Safaga and NEOM ports to support transport of Hajj workers between Egypt and Saudi Arabia. In...

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Business & Money | Tuesday 19 May, 2026 2:15 pm

ADNOC Distribution, Americana Restaurants partner to enhance dining convenience, roadside retail across region

ADNOC Distribution and Americana Restaurants International PLC today announced a strategic partnership to expand dining and convenience offerings across ADNOC Distribution service station locations in the UAE, Saudi Arabia and Egypt. Under the partnership, up to 200 quick service restaurants...

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Business & Money | Tuesday 19 May, 2026 1:25 pm

Dubai South, Majid Al Futtaim partner to develop AED62 billion mixed-use master community

Dubai South has signed an agreement with Majid Al Futtaim to develop a landmark AED62 billion mixed-use master community within Dubai South. In the presence of Khalifa Alzaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, and Fadel Abdulbaqi Al Ali, Chairman of Majid ...

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Business & Money | Tuesday 19 May, 2026 11:05 am

Pam Golding Properties expands global footprint with Dubai office launch

Dubai, UAE - South African-based Pam Golding Properties has expanded its international footprint with the launch of a new office in Dubai, United Arab Emirates, further strengthening its position in the global luxury residential property market.Strategically located in Dubai Internet City’s...

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Business & Money | Monday 18 May, 2026 11:08 am

ZATCA Launches Shipment Tracking Service for Individual Importers

The Zakat, Tax and Customs Authority (ZATCA) announced that the Shipment Tracking service is available to individual importer customers via the ZATCA smart device application, enabling them to track incoming consignments through express transport companies and monitor their customs clearance...

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Business & Money | Monday 18 May, 2026 11:03 am

Real Estate General Authority Showcases Saudi Real Estate Regulation at WUF13

The Real Estate General Authority is taking part in the 13th World Urban Forum (WUF13), organized by the United Nations Human Settlements Programme (UN-Habitat) in Baku, the Republic of Azerbaijan, from May 17 to 22, 2026, under the theme “Housing the world: Safe and resilient cities and...

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