Business & Money | Monday 24 August, 2026 8:00 am

Maaden secures first $1B international syndicated loan facilities

Saudi Arabian Mining Co. (Maaden) completed the necessary arrangements to secure its first international syndicated term loan and revolving credit facility, with a combined value of $1 billion. The deal attracted strong support from the international banking sector, with commitments from...

More Details

Business & Money | Sunday 23 August, 2026 12:27 pm

KPMG: Riyadh's next phase of competitiveness will depend on turning transformation into long-term economic outcomes

Riyadh has built many of the foundations of a globally competitive city. Its next challenge is turning that momentum into lasting gains in productivity, innovation and quality of life, according to a new report published by KPMG Middle East.The report, The Future of Urban Competitiveness: Riyadh's...

More Details

Business & Money | Sunday 23 August, 2026 8:00 am

Sharjah Publishing City Free Zone attracts 1,000+ AI firms

More than 1,000 artificial intelligence (AI)-related companies have established operations at Sharjah Publishing City Free Zone (SPC Free Zone), highlighting the growing presence of technology and new economy businesses in the emirate. The AI companies operating from SPC Free Zone cover a...

More Details

Business & Money | Sunday 23 August, 2026 8:00 am

Department of Energy – Abu Dhabi advances strategic partnerships during US visit

A delegation from the Department of Energy – Abu Dhabi (DoE), led by Dr Abdulla Humaid Al Jarwan, Chairman of DoE, has concluded an official visit to the United States aimed at expanding strategic partnerships in energy and water innovation, regulation and advanced technologies. The visit...

More Details

Business & Money | Sunday 23 August, 2026 8:00 am

UAE participates in BRICS Tourism Ministers ’Meeting

The UAE participated in the BRICS Tourism Ministers ’Meeting under India’s Chairship which held in Jaipur on Friday under the theme “Building for Resilience, Innovation, Cooperation and Sustainability” and adopted the Jaipur Declaration (Ministers’ Communique). The declaration...

More Details

Business & Money | Sunday 23 August, 2026 8:00 am

Oracle Showcases AI Innovation for Saudi Vision 2030 at LEAP 2026

Oracle will showcase how sovereign AI, enterprise AI, and cloud innovation are helping accelerate Saudi Arabia's Vision 2030 ambitions at LEAP 2026 under the theme "Oracle AI for Saudi Vision 2030." At LEAP 2026, Oracle will demonstrate how organizations can harness AI securely and at scale...

More Details

Business & Money | Sunday 23 August, 2026 8:00 am

NWC Completes treated water main pumping plant and transmission line to Jeddah’s Eastern Forest

Reflecting its commitment to environmental sustainability and upgrading quality of life, the National Water Company (NWC) has completed construction and operation of the main pumping station and the transmission pipeline to transmit treated water to the Eastern Forest in Jeddah Governorate at a...

More Details

Business & Money | Sunday 23 August, 2026 8:00 am

Principal Buyer signs 4 battery storage deals worth SAR 4.4B

The Saudi Power Procurement Co. (Principal Buyer), signed four agreements for battery energy storage projects with a combined capacity of 2,000 MW for four hours, representing investments of more than SAR 4.35 billion ($1.16 billion). According to a ministerial statement, the projects,...

More Details

Business & Money | Thursday 20 August, 2026 2:44 pm

Under the patronage of His Excellency Minister of Transport & Logistic Services, Eng. Saleh bin Nasser Al-Jasser, Saudi Warehousing & Logistics Expo returns to Riyadh for its 3rd edition

Under the patronage of His Excellency Minister of Transport & Logistic Services, Eng. Saleh bin Nasser Al-Jasser, the 3rd edition of Saudi Warehousing & Logistics Expo will take place from 8 – 10 September 2026 at the Riyadh International Convention & Exhibition Center, bringing...

More Details

Business & Money | Thursday 20 August, 2026 10:00 am

Saudi real estate deals reach SAR 35.5B in July

The value of real estate transactions in Saudi Arabia decreased by 32% in July 2026 to around SAR 35.5 billion from SAR 51.9 billion in the same month a year earlier. This was driven by a 43% decline in the value of residential transactions to SAR 19.8 billion from around SAR 35 billion in...

More Details