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 8:00 am

PIF, I Squared Capital explore up to $2B infrastructure investment

The Public Investment Fund (PIF) and I Squared Capital signed a memorandum of understanding (MoU) today, July 13, to explore up to $2 billion in investments in PIF-owned real estate and infrastructure assets. According to a statement received by Argaam, the two parties, in collaboration with...

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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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Culture & Education | Monday 13 July, 2026 1:56 pm

375 UAE High School Students Join Canadian University Dubai's Future Makers Summer Camp to Explore the Careers of Tomorrow

Canadian University Dubai (CUD) successfully concluded its Future Makers Summer Camp 2026, welcoming 375 high school students from across the UAE for three immersive days of experiential learning designed to inspire the next generation of innovators, entrepreneurs, designers, creators, and future...

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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

Al-Hogail launches SAR 1.67B projects in Al Baha

Saudi Minister of Municipalities and Housing, Majed Al-Hogail, inaugurated municipal and housing projects and laid the cornerstone for other developments in Al Baha Region on Thursday, July 9, with total investments exceeding SAR 1.67 billion, the Saudi Press Agency (SPA) reported. The...

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

Royal order relieves AlKhorayef, appoints Prince Abdulaziz as industry minister

A royal order was issued today relieving Bandar AlKhorayef of his duties as Minister of Industry and Mineral Resources. The order appoints Prince Abdulaziz bin Salman bin Abdulaziz Al Saud as Minister of Industry and Mineral Resources, in addition to his current role as Minister of...

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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 | Sunday 12 July, 2026 8:00 am

Saudi Arabia, Canada eye 13 agreements, MoUs worth $1B: Report

Saudi Arabia and Canada intend to sign 13 agreements and MoUs today, July 9, at an estimated value of $1 billion, during Canadian Prime Minister Mark Carney’s visit to the Kingdom, Al Arabiya reported, citing its sources. The agreements cover the infrastructure, mining, and industry sectors, ...

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