Business & Money | Wednesday 25 June, 2025 8:59 am

Hawiya completes residential real estate auction in Riyadh worth SAR 919.5M

Hawyia Auctions Co. announced it successfully held an auction, on June 24, for residential real estate located in the Al-Jawhara Masterplan in Al-Raed district of Riyadh. The properties are owned by Al-Jawhara Real Estate Development Co. (a single-person company under the Al-Jawhara Real...

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Business & Money | Tuesday 24 June, 2025 2:02 pm

SISCO subsidiary signs SAR 1.6B concession deals with MAWANI to operate 4 Red Sea terminals

Sustained Infrastructure Holding Co.’s (SISCO Holding) subsidiary, Red Sea Gateway Terminal (RSGT), signed 20-year concession agreements with the Saudi Ports Authority (MAWANI) to operate four existing general cargo facilities along the Red Sea coast, with a total capital expenditure investment...

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Business & Money | Tuesday 24 June, 2025 1:59 pm

Fakeeh Care inks SAR 938M credit facility deal with Alinma Bank

Dr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care) signed, on June 23, a Shariah-compliant credit facility agreement at competitive terms and conditions with Alinma Bank, according to a statement to Tadawul. The total credit amount of SAR 938 million is split between SAR 638 million in...

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Business & Money | Monday 23 June, 2025 9:08 am

Banan unit signs SAR 244M deal with Armah Sports to set up 2 sports clubs

Banan Real Estate Co.’s subsidiary Qimam Noshoz Real Estate Development Co. and Armah Sports Co. inked a contract to develop and lease two sports clubs in Riyadh’s Al-Rahmaniyah neighborhood, at a total value of SAR 244.11 million (excluding VAT). In two separate statementsto Tadawul, the...

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Business & Money | Monday 23 June, 2025 8:22 am

ASAS Makeen, TSH sign MoU for real estate projects

Asas Makeen Real Estate Development and Investment Co. (ASAS Makeen) signed today, June 22, a memorandum of understanding (MoU) with The Securities House Co. (TSH), a Kuwait-based listed shareholding company. The MoU aims to explore cooperation in real estate development across Saudi Arabia,...

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Business & Money | Monday 23 June, 2025 8:00 am

2P signs SAR 87.2M contract with Ministry of Commerce

Perfect Presentation for Commercial Services Co. (2P) signed today, June 22, a contract to operate the unified call center for the Ministry of Commerce at a total value of SAR 87.16 million, including VAT. The contract has a duration of 36 months, the company said in a statement ...

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Technology & IT | Sunday 22 June, 2025 11:05 am

iPadOS 26 introduces powerful new features that push the capabilities and versatility of iPad even further

CUPERTINO, CALIFORNIA Apple today previewed iPadOS 26, the biggest iPadOS release ever, taking a huge leap forward and pushing the unique capabilities and versatility of iPad even further. A beautiful design brings a new look to iPad, making the experience even more expressive and delightful. While ...

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Business & Money | Sunday 22 June, 2025 8:11 am

Saudi Energy Minister says OPEC+ became major oil price guarantor

Saudi Energy Minister Prince Abdulaziz bin Salman said OPEC+ has become a key guarantor of oil prices and the sector as a whole. In his speech at the St. Petersburg Economic Forum, he also mentioned that OPEC+ is a trustworthy and successful alliance that adapts to changing conditions and has...

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Business & Money | Sunday 22 June, 2025 8:03 am

PIF sets up new company to build, operate Expo 2030 Riyadh facilities

The Public Investment Fund (PIF) announced today, June 19, the launch of Expo 2030 Riyadh Co. (ERC), a wholly owned subsidiary tasked with developing and operating the Expo 2030 Riyadh site’s facilities — being the first-of-its-kind event to be hosted in Saudi Arabia. According to a PIF...

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Business & Money | Sunday 22 June, 2025 7:49 am

SEDCO Capital REIT acquires Al Basateen’s Palm View for SAR 650 million

In one of the largest real estate transactions in the Saudi capital during the first half of 2025, SEDCO Capital REIT announced the acquisition of the Palm View office project from Al Basateen Company, located in the Al Basateen district, Diriyah, for a total value of SAR 650 million. The...

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