Business & Money | Wednesday 6 May, 2026 3:21 pm

Himaya Makes Its Mark at the Umrah and Ziyarah Forum 2026, Bringing Health to Heart of the Pilgrim Experience

The Umrah and Ziyarah Forum 2026, which was held in Madinah, landmark convened more than 29,000 visitors from 165 countries[1],representing the full breadth of the Umrah ecosystem from travel operators and hospitality groups to health authorities to industry leaders.  As Saudi Arabia advances...

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Tourism & Hospitality | Wednesday 6 May, 2026 2:24 pm

Future Hospitality Summit Saudi Arabia announces packed programme for 2026 edition

Future Hospitality Summit (FHS) Saudi Arabia has released details of the programme for the 2026 edition, taking place from 22-24 June at Mandarin Oriental Al Faisaliah in Riyadh, bringing together investors, developers, operators and policymakers at a defining moment for the region’s hospitality...

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Business & Money | Tuesday 5 May, 2026 1:45 pm

Mayar subsidiary inks SAR 26.9M contract with BCC

Mayar Holding Co.’s subsidiary, Fuji Saudi Arabia for Elevators & Escalators Co., signed a contract valued at SAR 26.86 million, excluding VAT, with Building Construction Co. (BCC). As part of the contract, Fuji will supply and install elevators in the Iwan Sidra project in Riyadh,...

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Business & Money | Tuesday 5 May, 2026 11:26 am

Sumou signs 35-year land lease deal in Jeddah

Sumou Real Estate Co. signed on May 4 a long-term lease, development, and operation contract with Saudi Airlines Real Estate Development Company (SARED) to lease a 78,374-square-meter land plot in Jeddah for 35 years. In a statement to Tadawul, the company said the project involves developing...

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Government | Sunday 3 May, 2026 8:58 am

Nazaha probes 259 suspects, detains 97 in April

Saudi Arabia’s Oversight and Anti-Corruption Authority (Nazaha) handled a number of criminal and administrative cases through 3,041 inspection visits in April. In a post on X, Nazaha said it investigated 259 suspects and detained 97 individuals, some of whom were later released on bail, over ...

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Government | Sunday 3 May, 2026 8:56 am

REGA issues rules to regulate real estate marketing and advertising

Saudi Arabia’s Real Estate General Authority (REGA) approved a new set of rules to regulate real estate marketing and advertising, aiming to bring greater transparency and discipline to the sector. The regulation, issued under the Real Estate Brokerage Law, consists of 12 articles covering...

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Business & Money | Saturday 2 May, 2026 8:00 am

Umm Al Qura for Development & Construction signs agreement with Kempinski to operate the first Kempinski Residences project in Makkah

Umm Al Qura for Development & Construction Company, the owner, developer, and operator of Masar Destination in Makkah, has signed an agreement with the global Kempinski Group to operate Kempinski Residences at Masar Makkah. This project marks the first Kempinski-branded residential development...

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Business & Money | Tuesday 28 April, 2026 3:03 pm

As part of its preparations for first visit season of 1447H Hajj NWC announces its readiness to serve Madinah visitors distributing 627,000 cubic meters of water daily

As part of its operational plan for the first Madinah visit during 1447H Hajj (pilgrimage) season, the National Water Company (NWC) has announced that it is ready to provide its services to Allah’s guests. The plan aims to distribute over 627,000 cubic meters of water each day. The company has...

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Business & Money | Monday 27 April, 2026 12:24 pm

Asas Makeen estimates Al Hada Avenue contract value at SAR 98.8M

Asas Makeen Real Estate Development and Investment Co. announced today, April 27, the signing of an addendum to its contract with First Avenue for Real Estate Development Co. for the Al Hada Avenue residential project in Riyadh. The new addendum came after completing...

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Business & Money | Sunday 26 April, 2026 3:29 pm

Promedex renews, raises credit facility with BSF to SAR 108M

Professional Medical Expertise Co. (Promedex) announced the renewal and increase of its Islamic financing facility with Banque Saudi Fransi to SAR 108 million. In a statement on Tadawul, the company said the facility is structured to include SAR 70 million multi-purpose limit covering bank...

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