Business & Money | Sunday 13 July, 2025 8:58 am

Saudia tops global airlines for on-time performance in June

Saudia, the national flag carrier of Saudi Arabia, said it maintained its strong operational performance, ranking first globally among airlines for on-time departure and arrival performance, according to June 2025 report by Cirium, a platform specialized in monitoring airline and airport...

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Business & Money | Thursday 10 July, 2025 9:55 am

Alinma Bank completes $500M sukuk issue

Alinma Bank completed the issuance of US dollar-denominated sukuk worth $500 million, under its Trust Certificate Issuance Program. The sukuk issue is expected to be settled on July 15, the bank said in a statement on Tadawul.  Sukuk Issuance DetailsOffering TypeUS...

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Technology & IT | Thursday 10 July, 2025 9:24 am

Saudi Arabia Leads Middle East’s Fintech Future: Fintech Revolution Summit 2025

The momentum is building! On November 3rd, 2025, Saudi Arabia takes center stage as Middle East next big fintech hub with the Fintech Revolution Summit 2025 in Riyadh Minhal Organized by TraiCon Events, the Fintech Revolution Summit – Saudi Arabia 2025 will gather top executives, innovators, ...

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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 | Wednesday 9 July, 2025 8:00 am

TDF Opens Registration for Fourth Cohort of “Tourism Olou” Graduate Program

The Tourism Development Fund (TDF) has announced the opening of registration for the fourth edition of its flagship “Tourism Olou” program, a premier graduate training initiative designed to attract exceptional Saudi talent from top local and international universities. The program aims to...

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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

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

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 | Monday 7 July, 2025 9:00 am

Saudia and Vietnam Airlines Announce Codeshare Partnership

Saudia, the national flag carrier of Saudi Arabia, signed a codeshare agreement with Vietnam Airlines to enhance connectivity between the Socialist Republic of Vietnam and the Kingdom of Saudi Arabia. This collaboration aims to offer guests expanded travel options between Southeast Asia and the...

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Business & Money | Sunday 6 July, 2025 4:21 pm

Naqi Water buys SAR 37.7M bottled drinking water production line

Naqi Water Co. signed a contract for the purchase and supply of a production line for the production of bottled drinking water in various sizes with Middle East Machinery Factory Co. Ltd. (MEMCO) for the establishment of its new factory in the city of Riyadh, at a value of EUR 8.5 million (SAR 37.7 ...

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