18 Dhu al-Hijjah 1447 - 4 June 2026
    
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Eye of Riyadh

HE Sheikh Nahyan Bin Mubarak Al Nahyan Attends Canadian University Dubai’s 15th Commencement Ceremony
Culture & Education | Monday 1 June, 2026 1:07 pm
Graduating  “Class of Pride and Glory” pays tribute to the confidence, resilience, and clarity of vision that drive the UAEHis Excellency Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, affirmed that the United Arab Emirates (UAE), under the leadership of His...
RCMC awards SAR 13.3B urban development projects
Business & Money | Monday 1 June, 2026 8:00 am
The Royal Commission for Makkah City and Holy Sites (RCMC) awarded six urban development sites in Makkah, covering a total area of more than 2.7 million square meters (sqm), with a combined value of SAR 13.3 billion. In a statement published on X, the commission said the projects are part of a ...
The invisible technology behind contactless payment
Business & Money | Thursday 28 May, 2026 7:02 pm
Paying by bringing a card, smartphone, or watch close to the payment terminal may seem like an insignificant gesture: a beep, one (or several) green lights, and the purchase is done. But behind that single second lies a chain of technologies, standards, and controls that connect the merchant, the...
Business & Money | Thursday 28 May, 2026 1:05 pm
How Dinero Pay Strengthened Its Payment Infrastructure for Saudi Arabia’s Growing Digital Economy Saudi Arabia’s payments market is evolving quickly as merchants and consumers shift toward mobile wallets, alternative payment methods, and faster digital checkout experiences. For payment...
Saudi Aramco transfers PRefChem ownership to PETRONAS
Business & Money | Thursday 28 May, 2026 7:39 am
Saudi Aramco and Petroliam Nasional Berhad (PETRONAS) today signed an agreement for the transfer of Aramco’s equity stakes in Pengerang Refining Company Sdn. Bhd. and Pengerang Petrochemical Company Sdn. Bhd. (collectively, “PRefChem”), located within the Pengerang Integrated Complex,...
Saudi Arabia set to launch Riyadh cooling project by 2027
Business & Money | Thursday 28 May, 2026 7:37 am
Saudi Arabia is set to begin the Riyadh cooling project next year, to reduce asphalt and wall temperatures by 8-15°C through urban cooling technologies, Al Eqtisadiah newspaper reported.The project is pending completion of studies as well as final approvals. It aims to address heat islands across...
GCCIA eyes regional expansions, Arab electricity market
Business & Money | Thursday 28 May, 2026 7:35 am
The GCC Interconnection Authority (GCCIA) has expanded from an internal GCC project into a strategic regional interconnection platform studying projects with neighboring countries, CEO Ahmed Al-Ebrahim told the Kuwait TV.GCCIA also acts as a regional coordinator for the Arab Common Electricity ...
1.7M pilgrims perform Hajj in 2026: GASTAT
Business & Money | Thursday 28 May, 2026 7:34 am
The total number of pilgrims performing Hajj this year reached 1.71 million.According to the General Authority for Statistics (GASTAT), 1.5 million pilgrims arrived from outside the Kingdom, while the number of domestic pilgrims, including Saudi citizens and residents, stood at 160,650.Male...
Kingdom Holding, Prince Alwaleed’s combined stake in SpaceX may top $10.6B
Business & Money | Thursday 28 May, 2026 7:31 am
Kingdom Holding Co. (KHC) said its combined stake with Prince Alwaleed bin Talal’s private office in SpaceX stands at 0.63%, with the holding valued at $8.32 billion based on a company valuation of about $1.25 trillion.KHC told Asharq Business with Bloomberg that the stake’s value could rise to ...
5 Critical Factors for Choosing an IT Partner for Your Next Large-Scale Project in KSA
Technology & IT | Wednesday 27 May, 2026 6:17 am
A weak outsourcing decision can delay digital transformation for years. In Saudi Arabia, where enterprises are rapidly modernizing infrastructure under Vision 2030, the stakes are especially high. Large scale development in the Kingdom requires more than coding expertise. Businesses need...
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