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

Industry Ministry issues 83 new licenses in June

The Ministry of Industry and Mineral Resources issued 83 new industrial licenses in June, while 58 new factories began production during the same month, according to the National Industrial and Mining Information Center (NIIC). The ministry said in a statement today, July 28 that investments...

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

Arabian Drilling signs SAR 75M contract for offshore drilling operations

Arabian Drilling Co. (ADC) signed today, July 29, an international contract for offshore drilling operations with a GCC-based company at a total value of SAR 75 million. The contract will last for a period of five to seven months, ADC said in a statement to Tadawul. Operations are...

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Business & Money | Monday 28 July, 2025 3:51 pm

Masar inks deal to sell 5 land plots for SAR 628.5M

Umm Al Qura for Development and Construction Co. (Masar) signed, on July 27, agreements to sell five land plots at the Masar Destination project in Makkah for SAR 628.46 million (excluding taxes and fees, which will be borne by the buyer). The two plots span 15,570 square meters, the company...

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

Misk Art Institute Presents Prince Faisal bin Fahd Arts Hall Exhibition: Summer 2025 More than 40 artists and more than 50 artworks reflecting on intergenerational social change

Misk Art Institute, a subsidiary of the Mohammed bin Salman Foundation “Misk,” has launched the third edition of the Prince Faisal bin Fahd Arts Hall Exhibition: Summer 2025, running from July 27 to September 25, 2025, with its thematic focus: The Intergenerational Lens of Social Change....

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Technology & IT | Sunday 27 July, 2025 11:20 am

HONOR Elevates the Gaming Experience for Honor of Kings Players at the Esports World Cup

HONOR Magic7 Pro Brings Elite Performance to Honor of Kings Players at EWC HONOR returns to the global stage as the Official Smartphone Partner of the Esports World Cup (EWC) 2025, reaffirming its commitment to advancing mobile esports through cutting-edge technology. This year, the spotlight...

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Business & Money | Sunday 27 July, 2025 11:12 am

NWC completes Al Kharj Governorate water networks, which will serve 14,000 people in 10 districts.

As part of its ongoing efforts to deliver the infrastructure of the water and sanitation services sectors and increase coverage rates, the National Water Company (NWC) announced the completion of a water network project serving 10 districts in the Al Kharj Governorate, located south of Riyadh...

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Business & Money | Sunday 27 July, 2025 11:03 am

Wipro Wins Multi-Year “Smart Grid” Deal from Saudi Electric Company

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, today announced a multi-year strategic contract from Saudi Electric Company – National Grid SA. Wipro will implement a Smart Meter Data Management (MDM) system for the transmission ...

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Business & Money | Sunday 27 July, 2025 10:55 am

Thrilling Conclusion to the Second Edition of the ‘GCC Esports League, presented by Genesis’ Highlights Growth of Regional Esports Ecosystem

The Saudi Esports Federation (SEF) has successfully concluded the electrifying second edition of the GCC Esports League, presented by Genesis, the Korean luxury automotive brand renowned for its commitment to performance, design, safety, and innovation.  Held at the cutting-edge SEF Arena ...

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Business & Money | Thursday 24 July, 2025 12:01 pm

Naseej Tech inks SAR 18.4M contract with King Khalid University

Naseej for Technology Co. (Naseej Tech) signed on July 23 a contract for the operation and maintenance of eLearning at King Khalid University, at SAR 18.39 million (VAT inclusive). According to a statement to Tadawul, the company pointed out that the project aims to provide professional...

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Business & Money | Thursday 24 July, 2025 11:56 am

Qomel renews SAR 52M credit facility with SNB

Qomel Co. renewed a SAR 52 million Shariah-compliant credit facility with Saudi National Bank (SNB), the company said in a statement to Tadawul. The one-year financing facility was secured on July 23 and will be used to finance various projects. The facility is backed by a promissory note ...

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