Business & Money | Thursday 10 July, 2025 8:00 am

Major Industry’s Shift: Infrastructure is Critical for the AI era as KSA Advances Vision 2030

Ahead of its flagship event in Riyadh “Cisco Connect – CXO Edition”, Cisco has revealed key local findings from its global networking study, highlighting how AI and modernized networks are driving fundamental changes in enterprise infrastructure. As AI assistants, agents, and data-driven...

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Business & Money | Thursday 10 July, 2025 8:00 am

IMF lauds labor market reforms in Saudi Arabia

The International Monetary Fund (IMF) praised the reforms witnessed by Saudi Arabia’s labor market, saying that they have begun to yield tangible results, including a decline in unemployment rates, a rise in women’s participation in the labor market, and increased employment in the private...

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Business & Money | Thursday 10 July, 2025 8:00 am

WSM inks SAR 500M contract with government entity

WSM for Information Technology Co. signed a framework agreement with a government entity to provide services and works based on purchase orders, according to a statement on Tadawul. The three-year contract, signed on July 7, is valued at SAR 500 million. WSM said the agreement is...

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Business & Money | Wednesday 9 July, 2025 11:56 am

World Stadiums & Arena Development Summit Returns to Riyadh for its Second Edition

Following a highly successful inaugural edition in February 2025, the World Stadiums & Arena Development Summit is set to return to Riyadh for its second edition this 1–2 September 2025. This prestigious gathering once again brings together government stakeholders, developers,...

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Business & Money | Wednesday 9 July, 2025 8:00 am

Non-Saudi property ownership law to take effect in 2026: Al-Hogail

Majid Al-Hogail, Minister of Municipal, Rural Affairs and Housing, said the new law regulating property ownership by non-Saudis aims to boost the real estate sector and attract foreign direct investments to support housing supply across the Kingdom. Al-Hogail, who is also Chairman of the Real...

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Business & Money | Wednesday 9 July, 2025 8:00 am

Saudi FII conference organizer eyes IPO: Report

Richard Attias & Associates, the organizer of Saudi Arabia’s Future Investment Initiative (FII) summit is readying plans for a potential initial public offering. The events and advisory firm is working with banks including Evercore Inc. to prepare for a possible listing, Founder and...

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Business & Money | Wednesday 9 July, 2025 8:00 am

Saudi German Health kicks off ops at 21 additional clinics in Dammam

Middle East Healthcare Co. (Saudi German Health) commenced operations for 21 additional clinics for advanced medical specialties in the Saudi German Hospital building in Dammam. In a statement to Tadawul, the company explained that the new expansion will have a positive financial impact on its ...

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Business & Money | Wednesday 9 July, 2025 8:00 am

Al-Ahsa’s public bus transport project goes live

Prince Saud bin Talal bin Badr, Governor of Al-Ahsa, officially inaugurated the public bus transport project in Al-Ahsa, in a ceremony held two days ago. The event was attended by Minister of Municipalities and Housing Majed Al-Hogail, along with several officials from relevant...

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Business & Money | Wednesday 9 July, 2025 8:00 am

IHR wins SAR 53.9M project from Elm

International Human Resources Co. (IHR) won a SAR 53.9 million project (VAT inclusive) to provide customer service representatives to Elm Co. In a statement to Tadawul, the company said the financial impact of the contract is expected to appear in its financial results starting from Q3...

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Business & Money | Wednesday 9 July, 2025 8:00 am

ROSHN Group Participates at INNOPROM 2025, Russia’s Largest Industrial Trade Fair, to Promote Collaboration in the Real Estate Sector

ROSHN Group, Saudi Arabia’s leading multi-asset real estate developer and a Public Investment Fund (PIF) company, is participating for the first time at INNOPROM, Russia’s largest industrial trade fair. Joining as part of the country’s Invest Saudi trade delegation – the Kingdom is this...

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