Business & Money | Monday 2 November, 2026 1:00 pm

Kingdom Holding: Jeddah Tower reaches 120th floor

Kingdom Holding Co. (KHC) said Jeddah Tower has reached the 120th floor, with a height of approximately 482 meters. More than 322,000 cubic meters of concrete have been poured, representing around 72% of the total targeted volume, the company said in its financial results statement. More...

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Business & Money | Sunday 1 November, 2026 12:02 pm

NWC Completes Water Networks in Al-Qoz, Al-Qunfudhah

The National Water Company (NWC) announced the completion of a water network project at Al-Qoz Center in Al-Qunfudhah Governorate of Makkah region, at a cost exceeding 55 million Saudi Riyals. The project is part of the company’s plans to strengthen the water sector’s infrastructure and...

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Business & Money | Sunday 1 November, 2026 11:56 am

Cenomi Centers signs SAR 825M contract for Madinah Downtown project

Arabian Centres Co. (Cenomi Centers) signed a design-and-build contract with Lynx Contracting Co. for the mall and office components of Saudi Downtown Co.’s Madinah Downtown project at a total value of SAR 825 million, excluding VAT. Saudi Downtown Co. is a subsidiary of the Public...

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Cars & Autos | Sunday 1 November, 2026 8:52 am

Theeb Rent a Car Receives ‘A-’ Credit Rating from Tassnief with a Stable Outlook

Theeb Rent a Car Company announced that it has received a credit rating from SIMAH Credit Rating Agency (Tassnief), licensed by the Capital Market Authority (CMA). The Company was assigned a long-term credit rating of ‘A-’ and a short-term credit rating of ‘T-3’, with a stable outlook. This ...

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Business & Money | Thursday 29 October, 2026 6:15 pm

NWC Completes Two Sewer Network Projects in Al-Baha at SR +230m

The National Water Company (NWC) has completed two sewer network projects in Al-Baha city at a cost of more than 230 million Saudi Riyals. The two projects serve over 34,000 beneficiaries. This comes as part of the company’s efforts to strengthen water and sanitation infrastructure and improve...

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Business & Money | Thursday 29 October, 2026 10:16 am

Remat Al-Riyadh Signs First Contract to Operate Integrated Alternative Mobility Solutions in Riyadh

Remat Al-Riyadh Development Company, the development arm of Riyadh Municipality, has signed a contract with International Modern Industries Company for the design, implementation, operation and maintenance of the first phase of an alternative mobility network for Riyadh. This contract is Remat ...

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Business & Money | Tuesday 27 October, 2026 4:17 pm

Saudi Maritime & Logistics Congress Highlights Maritime Sector Integration and Opportunities for Trade and Investment Growth in the Kingdom

The Saudi Maritime & Logistics Congress highlighted Saudi Arabia’s role in supporting the continuity of trade flows and strengthening supply chain resilience as it opened at Jeddah Superdome, bringing together representatives of government entities, maritime transport and logistics leaders,...

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Business & Money | Tuesday 27 October, 2026 4:09 pm

MOMAH seeks public input on regulatory update to white land fees

The Ministry of Municipalities and Housing (MOMAH) has offered the proposed amendments to the Implementing Regulations for White Land Fees for public consultation through the Istitlaa platform until Nov. 6, 2026. The proposed amendments aim to align the implementing regulations with Cabinet...

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Business & Money | Monday 26 October, 2026 8:00 am

MOMAH: 7M sqm of white land in Tabuk, Hail, Jazan enter development, trading

The Ministry of Municipalities and Housing (MOMAH) revealed that seven million square meters (sqm) of white land in Tabuk, Hail, and Jazan regions have entered development or trading. The registered areas included 5.3 million sqm of white land that has entered trading, 466,000 sqm of land that ...

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Business & Money | Monday 26 October, 2026 8:00 am

NWC revises water, wastewater tariffs from Jan. 1

The National Water Co. (NWC) will introduce revised water and wastewater tariffs for residential, non-residential, and government customers from Jan. 1, 2027, the company said in a statement. The changes include setting four consumption tiers for residential customers and consolidating...

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