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 | Tuesday 8 July, 2025 11:35 am

Industry Minister inaugurates Saudi pavilion at Russia’s INNOPROM 2025

Minister of Industry and Mineral Resources Bandar Alkhorayef inaugurated today, July 7, the Saudi pavilion at the 2025 edition of the INNOPROM International Industrial Exhibition, which is being held in Yekaterinburg, Russia, from July 7-10. The Kingdom is participating as a partner country in ...

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Business & Money | Tuesday 8 July, 2025 11:30 am

SAMA launches new e-commerce payments interface

The Saudi Central Bank (SAMA) announced the launch of the new e-commerce payments interface, a strategic direction aimed at enhancing the efficiency of the national payment infrastructure, and keeping pace with the rapid growth of the e-commerce sector, according to a statement. The new...

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Business & Money | Tuesday 8 July, 2025 10:50 am

Armah signs SAR 237.1M lease deal for 2 Riyadh sports clubs

Armah Sports Co. signed an agreement with Artal Althalitha Co. to lease two fully equipped and operational sports clubs in Riyadh, excluding movable furniture and sports equipment. The clubs are located on a land plot owned by Artal Althalitha, on Imam Saud Bin Abdulaziz Road,...

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Business & Money | Monday 7 July, 2025 9:00 am

SEDCO Capital REIT signs SAR 135M deal to acquire office complex in Riyadh

SEDCO Capital REIT Fund’s board of directors approved the signing of a purchase agreement and the completion of the acquisition of one of the properties referenced in two non-binding memoranda of understanding (MoUs) to acquire four office complexes in Riyadh. The agreement was signed on...

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Business & Money | Monday 7 July, 2025 9:00 am

Riyad REIT signs agreement to sell property in US: Riyad Capital

Riyad Capital, in its capacity as the fund manager of Riyad REIT Fund, signed an agreement to sell a property held by one of the fund’s international investments, Riyad Global Property Fund III. The deal is expected to be finalized in the fourth quarter of 2025, following the due diligence...

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Culture & Education | Monday 7 July, 2025 9:00 am

MBSC Achieves Full Institutional Accreditation from the NCAAA

Prince Mohammed Bin Salman College of Business and Entrepreneurship (MBSC), the Kingdom’s world-class business school, proudly announces its attainment of full institutional accreditation from the National Center for Academic Accreditation and Evaluation (NCAAA). This significant achievement ...

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Business & Money | Sunday 6 July, 2025 9:00 am

HRSD Ministry to classify work permits by skill level

Saudi Arabia’s Ministry of Human Resources and Social Development (HRSD) issued a decision to classify work permits based on skill level and included clear eligibility criteria for classifying the skills of expatriate labor. The Ministry added on its account on the X platform that the...

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Business & Money | Sunday 6 July, 2025 8:00 am

Ladun pens SAR 90.5M contract for Abha project

Ladun Investment Co. signed a contract for the implementation of a mixed-use project by Built Industrial Co., a subsidiary, with Arab Markets Co. for the "Abha Walk" project. The contract value is nearly SAR 90.5 million, excluding value-added tax, and will have a tenor of 18 months, the...

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Business & Money | Friday 4 July, 2025 12:05 am

du earns recognition for sustainability excellence with multiple award wins in FM Middle East 2025 and Innovation in Facilities Management 2025 Awards

 du, the leading telecom and digital services provider, was honoured has been honoured with three awards at FM Middle East 2025 and Innovation in Facilities Management 2025 Awards, recognizing its commitment to sustainability. The company received accolades for its significant contributions to ...

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