Tourism & Hospitality | Saturday 20 December, 2025 10:07 am

Riyadh’s KKIA reports flight delays, cancellations

King Khalid International Airport (KKIA) said schedules for a number of flights were affected by delays and cancellations over the past two days due to a combination of operational factors.   In a statement, the airport said the factors included the diversion of flights from other...

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Business & Money | Saturday 20 December, 2025 9:16 am

Alramz acquires SAR 382.3M commercial land block in Riyadh

Al Ramz Real Estate Co. (Alramz) acquired a commercial land block with a total area of 15,293.4 square meters (sqm), located on King Salman Road in Al-Qairawan district, Riyadh.   The land block was purchased at a price of SAR 25,000 per sqm for the development of multiple...

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Tourism & Hospitality | Thursday 18 December, 2025 10:53 am

Tourism Development Fund Celebrates Winning Projects from Grow Tourism Hackathons & Bootcamps, Highlighting Innovation as a Catalyst for Sector Growth

The Tourism Development Fund (TDF), the national enabler of Saudi Arabia’s tourism sector, has concluded the final ceremony of the Grow Tourism Hackathons & Bootcamps, organized by “TDF Grow,” the Fund’s non-financial enablement arm. The event was held in the presence of the program’s ...

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Government | Thursday 18 December, 2025 8:45 am

Cancelling expat levy boosts Saudi industry’s global position: Alkhorayef

The decision to abolish the financial levy imposed on expatriate workers in industrial facilities will enhance the global competitiveness of Saudi industry and expand the reach and penetration of non-oil exports across international markets, said Bandar Alkhorayef, Minister of Industry and Mineral...

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Business & Money | Thursday 18 December, 2025 8:43 am

Umm Al Qura for Development, Electromin launch first electric BRT network at Masar Destination in Makkah

Umm Al Qura for Development & Construction Co., owner and developer of Masar Destination in Makkah, in collaboration with Electromin, a provider of smart mobility and clean energy solutions, launched today the first electric transit network of its kind across Saudi Arabia and the Middle East,...

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Business & Money | Wednesday 17 December, 2025 11:40 am

GARBE Industrial and ARTAR Set up Strategic Joint Venture for Logistics Real Estate Developments in Saudi Arabia

GARBE Industrial, one of the leading developers, providers and managers of logistics and light industrial real estate in Germany and Europe, and ARTAR, a leading real estate developer in the Kingdom of Saudi Arabia have signed a memorandum of understanding to establish a landmark joint venture. The ...

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Business & Money | Wednesday 17 December, 2025 10:34 am

REGA detains 25 developers for unlicensed off-plan sales

Saudi Arabia’s Real Estate General Authority (REGA) detected several violations related to unlicensed off-plan property sales in Riyadh, Jeddah and Makkah.   Its inspection teams detained 25 developers who are engaged in selling off-plan real estate units and collecting buyer...

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Business & Money | Wednesday 17 December, 2025 9:52 am

Elm ups stake in Sahl Almadar Trading

Elm Co. today signed an agreement to increase its stake in Sahl Almadar Trading Co., the owner of the Madar Digital Platform.  Madar is an advanced digital platform that connects shippers and carriers and provides unified solutions for managing logistics operations, according to the...

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Business & Money | Wednesday 17 December, 2025 9:26 am

AlUla Development appoints John Pagano as Managing Director

AlUla Development Co. (UDC), a Public Investment Fund company, appointed John Pagano as Managing Director, according to a statement to Tadawul. Pagano assumes charge from Fabien Toscano, who successfully led UDC through its early growth phase. Under his leadership, UDC signed several landmark...

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Business & Money | Tuesday 16 December, 2025 9:29 am

Cenomi Retail shareholders to vote on name change on Jan. 5

Fawaz Abdulaziz Alhokair Co.’s (Cenomi Retail) shareholders will vote on amending a number of articles of the company’s bylaws, including changing the company’s name to AFG International during the extraordinary general meeting slated for Jan. 5, 2026.   According to a...

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