Business & Money | Monday 24 November, 2025 8:00 am

The Helicopter Company, Red Sea Global, and Joby Aviation Partner to Advance eVTOL Mobility in Saudi Arabia

The Helicopter Company (THC), a Public Investment Fund (PIF) company and Saudi Arabia’s premier commercial helicopter operator, has signed a Memorandum of Understanding (MoU) with Red Sea Global (RSG), the developer behind regenerative tourism destinations The Red Sea and AMAALA, and Joby...

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Business & Money | Monday 24 November, 2025 8:00 am

Albasateen Real Estate unveils Al Basateen Tower project, signs development deals at Cityscape

Albasateen Real Estate Company unveiled its Al Basateen Tower project in Riyadh, located at the intersection of King Fahd Road and the Northern Ring Road in Al Nakheel district, while taking part in Cityscape Global 2025. The project spans more than 3,500 square meters with over 60,000 square...

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Business & Money | Sunday 23 November, 2025 10:44 am

Al Akaria inks deal with Expo 2030 Riyadh for initial works at Expo 2030 site

Saudi Real Estate Co. (Al Akaria), through its subsidiary Saudi Real Estate Infrastructure Co. (Binyah), signed a framework agreement with Expo 2030 Riyadh Co. (ERC) to carry out initial works at the Expo 2030. The agreement includes demolition, excavation and backfilling, as well as the...

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Business & Money | Sunday 23 November, 2025 10:41 am

SISCO unit wins SAR 133.5M project from NWC

Sustained Infrastructure Holding Co. (SISCO) said its 50%-owned subsidiary, International Water Distribution Co. (Tawzea), received a project awarded notice from the National Water Co. (NWC) valued at SAR 133.5 million, excluding VAT. The SISCO unit will undertake the operation and maintenance ...

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Business & Money | Thursday 20 November, 2025 11:00 am

Seera decides to sell Kayanat project, expects SAR 590M in exit proceeds

Seera Group Holding announced the approval of the sale of the Kayanat Central business park by the board of directors of Kayanat Fund — a private real estate fund managed by Alistithmar Capital and created to develop the project, in which Seera is an investor. The sale is set to proceed once ...

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Business & Money | Thursday 20 November, 2025 9:04 am

Valetax Stands Out as Multi-Award Winner at Jeddah Fintech Week 2025

Valetax marked a major milestone with a powerful presence at Jeddah Fintech Week 2025, held on 16 and 17 November at the Jeddah Hilton Hotel. As the Official Sponsor, the company delivered an impactful showcase that strengthened its relationships with traders, partners, and fintech professionals...

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Business & Money | Wednesday 19 November, 2025 5:25 pm

Partnership Between Madinet Masr and Waheej Real Estate Launches “Citydom” and Explores Land Acquisition in Al-Janadriyah

Madinet Masr (EGX Code: MASR.CA) – one of Egypt’s leading real estate developers – and Waheej Real Estate – one of the fastest-growing Saudi real estate developers – announced the official launch of Citydom, the jointly owned real estate entity established between both parties. This...

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Business & Money | Wednesday 19 November, 2025 4:20 pm

Saudi Arabia's Global Airports Forum (GAF) Receives 200 Nominations from 23 Countries for Airport Excellence Awards

The Global Airports Forum (GAF), taking place in Riyadh on December 16 and 17, has received an impressive 200 nominations from 23 countries for the 3rd Airport Excellence Awards. Organized by Niche Ideas and held under the main sponsorship of Matarat Holding, GAF recognizes outstanding innovation,...

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Business & Money | Wednesday 19 November, 2025 2:15 pm

Ghanem Raises USD 7.1 Million from Al-Romaih Group to Develop Fractional Ownership Solutions in the Saudi Real Estate Market

Ghanem, the digital real estate platform specializing in fractional ownership solutions, announced the closure of a funding round worth USD 7.1 million from Al-Romaih Group, one of the Kingdom’s leading investment groups with extensive experience in the real estate and financial...

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Business & Money | Wednesday 19 November, 2025 9:00 am

National Water Company Completes Phase II of Water Networks in Al-Rin Governorate at a Cost Exceeding SAR16 Million

As part of its ongoing efforts to enhance the water services system, the National Water Company (NWC) announced the completion of Phase II of the water networks project in Al-Rin governorate in the Riyadh region. The project aims to support the infrastructure of both water and environmental...

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