Tourism & Hospitality | Sunday 3 August, 2025 8:00 am

Passenger traffic at Saudi airports up at 66M in H1 2025: GACA

The General Authority of Civil Aviation (GACA) said that passenger traffic at the Kingdom's airports rose 7% year-on-year (YoY) to 66 million passengers in the first half of 2025. Meanwhile, the number of flights reached about 464,000, up 4% YoY. Air cargo volume declined by 5% to 575,000 tons ...

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Business & Money | Sunday 3 August, 2025 8:00 am

ACWA Power awards Técnicas Reunidas, China’s Sipnopec contract for Yanbu Green Hydrogen Hub

ACWA Power Co. awarded today, Aug. 1, Spanish engineering firm Técnicas Reunidas and Sinopec Guangzhou Engineering Co. Ltd. — a subsidiary of the Chinese energy and chemical engineering giant Sinopec —a convertible front-end engineering design (FEED) contract for the Yanbu Green...

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Business & Money | Sunday 3 August, 2025 8:00 am

TGA records 21.4M bus passengers in Q2 2025

The Transport General Authority (TGA) said public bus services across Saudi cities moved 21.4 million passengers in Q2 2025. Riyadh led with 15.6 million riders, capturing nearly 73% of the total, the authority said on X. Passenger distribution by buses across the KingdomRegionPassengers...

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Business & Money | Thursday 31 July, 2025 12:00 pm

New Agreement Brings Breakthrough Dyslipidemia Treatment to Saudi Arabia and MEA

Jamjoom Pharma, a leading Saudi pharmaceutical organization committed to enhancing the quality of life through the development, manufacturing, and distribution of high-quality medicines and consumer healthcare products across MEA, and Althera Laboratories, a company dedicated to developing and...

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Business & Money | Wednesday 30 July, 2025 12:00 pm

NMDC Energy commences ops at Saudi-based manufacturing center

ADX-listed NMDC Energy, which specializes in engineering, procurement, and construction (EPC) solutions in the energy sector, kicked off operations at its manufacturing center in the Ras Al-Khair Special Economic Zone (SEZ) in Saudi Arabia. The 400,000-square-meter (sqm) center is designed to...

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Business & Money | Wednesday 30 July, 2025 12:00 pm

SRC, Bank Albilad sign mortgage portfolio deal

Saudi Real Estate Refinance Company (SRC) signed a mortgage portfolio purchase agreement with Bank Albilad to strengthen sustainability in the Kingdom’s housing finance sector and offer accessible home financing solutions to residents. The agreement deepens the existing partnership between...

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Business & Money | Tuesday 29 July, 2025 12:00 pm

Emerge, Misk City sign landmark solar agreement to power vision for green urban future

Emerge, the energy solutions joint venture between Masdar and EDF power solutions, has signed a long-term solar energy agreement with Misk City to deliver sustainable electricity over the next 20 years, marking a milestone in the City’s journey to becoming a model of environmental innovation and...

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Business & Money | Tuesday 29 July, 2025 12:00 pm

Eastern Province unveils Global Village Project with up to SAR 650M investments

The Eastern Province Municipality announced the “Global Village Project", a major investment initiative in collaboration with a Thai investor, Saudi Press Agency (SPA) reported. Spokesman Faisal Al-Zahrani said the project combines entertainment, tourism, culture, and commerce in a modern...

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Business & Money | Tuesday 29 July, 2025 12:00 pm

NMDC Energy commences fabrication at Ras Al-Khair yard, Saudi Arabia

NMDC Energy, a leading provider of engineering, procurement, and construction (EPC) services for offshore and onshore energy clients, has started fabrication at its advanced yard in Ras Al-Khair, Saudi Arabia. Strategically located within the Ras Al-Khair Special Economic Zone, the 400,000...

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Business & Money | Monday 28 July, 2025 12:00 pm

Future Vision, AlMaarefa University ink SAR 200M competency development deal

Future Vision for Health Training Co. signed today, July 28, an exclusive strategic agreement with AlMaarefa University to launch one of Saudi Arabia’s largest digital training projects, worth SAR 200 million, targeting 50,000 beneficiaries. In a Tadawul filing, the company said the...

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