Business & Money | Sunday 13 July, 2025 8:55 am

Almoosa inks SAR 192M contract for construction, foundation works of Al-Hofuf hospital

Almoosa Health Co. signed, on July 10, a SAR 192 million contract with Masah Specialized Construction Co. to carry out preliminary construction works, foundation works, and the construction of the concrete structure for Almoosa Specialist Hospital project in Al-Hofuf. In a statement to...

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Business & Money | Sunday 13 July, 2025 8:53 am

Cenomi Centers hires financial advisor to refinance $875M sukuk

Arabian Centres Co. (Cenomi Centers) appointed Rothschild & Co as financial advisor for the refinancing of $875 million (SAR 3.28 billion) in sukuk maturing on Oct. 7, 2026, with White & Case continuing as legal advisor. In an emailed statement to Argaam, Cenomi Centers said it will...

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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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Business & Money | Thursday 10 July, 2025 9:35 am

Energy Minister says Saudi Arabia consistently delivers on policy, results

The Kingdom has always remained consistent—not only in its messages, but also in implementing policies and delivering tangible results on the ground, Energy Minister Prince Abdulaziz bin Salman stated. Speaking at the 9th OPEC International Seminar in Vienna, the Saudi minister emphasized...

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Business & Money | Thursday 10 July, 2025 9:33 am

Dubai Courts' Leadership Council for Development and Creativity seeks to enhance institutional excellence and judicial services

The Leadership Council for Institutional Development and Creativity at Dubai Courts held its regular meeting, chaired by His Excellency Prof. Saif Ghanem Al Suwaidi, Director-General of Dubai Courts. In attendance were senior officials including Judge Judge Abdul Qader Mousa, President of the Court ...

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Business & Money | Thursday 10 July, 2025 9:26 am

“Dubai Customs hosts Sheikh Mansour bin Ibrahim Al-Mualla to discuss ways of cooperation and strengthening institutional and strategic partnership.”

As part of strengthening institutional partnerships and expanding strategic cooperation, Dubai Customs hosted a high-level delegation from the Ports, Customs and Free Zone Corporation – Umm Al Quwain, headed by Sheikh Mansour bin Ibrahim Al-Mualla, Executive Director of the Corporation. The...

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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 8:41 am

Deloitte Middle East wins gold at Employee Happiness Awards 2025

Deloitte Middle East received two golden accolades at the Employee Happiness Awards (EHA) UAE 2025: HR Team of the Year and Best Recruitment Strategy. The awards ceremony, held at the Westin Mina Seyahi Hotel in Dubai, celebrated organizations that excel in fostering positive work environments and...

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Business & Money | Thursday 10 July, 2025 8:00 am

WSM inks SAR 500M contract with government entity

WSM for Information Technology Co. signed a framework agreement with a government entity to provide services and works based on purchase orders, according to a statement on Tadawul. The three-year contract, signed on July 7, is valued at SAR 500 million. WSM said the agreement is...

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Business & Money | Thursday 10 July, 2025 8:00 am

IMF lauds labor market reforms in Saudi Arabia

The International Monetary Fund (IMF) praised the reforms witnessed by Saudi Arabia’s labor market, saying that they have begun to yield tangible results, including a decline in unemployment rates, a rise in women’s participation in the labor market, and increased employment in the private...

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