Business & Money | Thursday 12 November, 2026 4:09 pm

Future Investment Initiative to be held in October 2027

The Future Investment Initiative (FII) Institute today, Nov. 12, announced that the 10th edition of the Future Investment Initiative (FII10) will take place on Oct. 25–28, 2027, in Riyadh, rescheduled from Oct. 26–29, 2026. Held under the patronage of King Salman bin Abdulaziz, FII10 will...

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Business & Money | Wednesday 11 November, 2026 12:46 pm

State Street Advances Saudi Arabia Expansion with Appointment of Hamza Khushaim as CEO and Country Head for Saudi Arabia and Bahrain

State Street Corporation (NYSE: STT) today announced the appointment of Hamza Khushaim as CEO and Country Head for Saudi Arabia and Bahrain, reinforcing the firm's commitment to strengthening its local leadership, deepening client relationships and expanding its capabilities across both...

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Business & Money | Monday 9 November, 2026 4:38 pm

Madinah airport expansion slated for Oct. 2027 completion: GACA President

The General Authority for Civil Aviation (GACA) President Abdulaziz Al-Duailej said the ongoing expansion project at Madinah Airport would increase its capacity to 18 million passengers upon completion in October 2027. Speaking at the Hajj Conference and Exhibition, Al-Duailej added that the...

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Business & Money | Sunday 8 November, 2026 5:54 pm

Automechanika Riyadh postponed to 21-23 June 2027

Messe Frankfurt Saudi Arabia has announced that Automechanika Riyadh, the country’s leading trade exhibition for the automotive aftermarket, will now take place 21-23 June 2027 at Riyadh Front Exhibition & Conference Center (RFECC). The postponement follows a review of recent...

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Business & Money | Sunday 8 November, 2026 5:40 pm

ADES wins SAR 439.6M contracts for 2 offshore rigs in India

ADES Holding Co. won contracts from Oil and Natural Gas Corporation Limited (ONGC) to operate two standard jack-up offshore rigs (Key Singapore and Admarine 10) in India. In a statement to Tadawul, the company said each rig has a confirmed contract term of three years, with the total value of...

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Business & Money | Sunday 8 November, 2026 5:38 pm

Arabian Drilling raises 2026 capex forecast to SAR 750–800M

Arabian Drilling Co.’s CFO Farid Mustafayev said the company has raised its 2026 capital expenditure forecast to SAR 750–800 million, compared with its previous estimate of SAR 700 million. The increase is mainly intended to support the accelerated commissioning of rigs and their...

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Business & Money | Thursday 5 November, 2026 11:16 am

Cityscape Bahrain 2026 | Interview with Alexander Heuff - Group Director, Cityscape

 1. Cityscape Bahrain returns for its fifth edition this month. How has the exhibition evolved over the years, and what can visitors expect from this year's event? Over the past five editions, Cityscape Bahrain has continued to evolve alongside the Kingdom’s real estate sector,...

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Business & Money | Wednesday 4 November, 2026 7:05 pm

Saudi Arabia regulates real estate transactions on white lands

The Ministry of Municipalities and Housing has approved new rules and procedures to regulate real estate transactions on lands subject to white land fees, including conditions for restricting title transfers under specific terms. The new measures will help regulate real estate dealings,...

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Business & Money | Monday 2 November, 2026 2:59 pm

MOMAH: 90,840 Saudi families relocate to 1st homes in 9M 2026

Saudi Arabia’s Ministry of Municipalities and Housing (MOMAH) announced that around 90,840 Saudi families moved into their first homes in the first nine months of 2026, the Saudi Press Agency (SPA) reported. The ministry said the total number of families benefiting from housing support...

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Business & Money | Monday 2 November, 2026 1:01 pm

Saudi Arabia launches Khobar Downtown project

Prince Saud bin Naif bin Abdulaziz, Governor of Eastern Province, witnessed today, Nov. 1, the launch of the Khobar Downtown project, developed by Saudi Downtown Co. (SDC), a subsidiary of the Public Investment Fund (PIF). This was in the presence of Prince Saud bin Bandar bin Abdulaziz,...

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