Business & Money | Tuesday 16 June, 2026 3:00 pm

Keir inks 5-Year exclusive distribution deal for Shenzhen products

Keir International Co. signed on June 9 a five-year exclusive distribution agreement with Shenzhen Action Technologies Co., granting it the rights to distribute and market the latter’s products in Saudi Arabia under the agreed terms and conditions. In a statement on Tadawul, Keir said...

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Business & Money | Tuesday 16 June, 2026 3:00 pm

Riyadh’s real estate prices more aligned with buyers' capabilities: Al-Hogail

Saudi Arabia’s Minister of Municipalities and Housing, Majed Al-Hogail, said Riyadh is currently witnessing real estate prices that are more aligned with buyers' purchasing power, expressing optimism for an even greater alignment. Speaking to Al Arabiya Business, the minister stated that the ...

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Tourism & Hospitality | Tuesday 16 June, 2026 10:08 am

FHS WORLD ANNOUNCES FIRST SPEAKERS FOR 2026 EDITION

The first 30 hospitality and tourism industry leaders have been confirmed as speakers at the Future Hospitality Summit – FHS World, taking place at Madinat Jumeirah in Dubai, 29 September to 1 October 2026.   Held under the theme for 2026: ‘Reinvest...

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Business & Money | Monday 15 June, 2026 11:47 am

Liberty Galati’s €463 million auction opens access to Southeast Europe's largest steel plant for GCC capital

June 15th, 2026, Dubai: An amended asset sale plan for Liberty Galati has been approved by the Galati court, relaunching the auction process for Romania's only integrated steel producer and Southeast Europe’s largest such asset. The auction, set for June 19, covers both the steel plant owned by...

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Business & Money | Monday 15 June, 2026 8:00 am

Shalfa wins SAR 366.5M contract from Tatweer

Shalfa Facilities Management Co. received an award notification from Tatweer Buildings Co. for a contract valued at SAR 366.49 million, excluding VAT. In a statement to Tadawul, the company said the contract covers cleaning, maintenance, and gatekeeping services for school buildings in the...

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Business & Money | Thursday 11 June, 2026 9:29 am

PIF bids for shares in SpaceX’s IPO: Report

Saudi Arabia’s Public Investment Fund (PIF) and the Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion in SpaceX’s initial public offering (IPO), Bloomberg reported, citing sources familiar with the matter. The $580 billion Qatar Investment...

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Government | Thursday 11 June, 2026 9:27 am

Crown Prince directs resumption of Lebanese exports to Saudi Arabia

Crown Prince and Prime Minister Mohammed bin Salman directed the resumption of Lebanese exports to the Kingdom, in response to a request from Lebanese President Joseph Aoun.   This comes in light of the positive steps taken by the Lebanese government toward rebuilding state...

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Business & Money | Thursday 11 June, 2026 9:16 am

Under the Patronage of the Minister of Energy and Chairman of the Board of Trustees of KAPSARC, KAPSARC School of Public Policy Celebrates the Graduation of the First Cohort of the Master of Public Policy Program

Under the patronage and in the presence of His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy and Chairman of the Board of Trustees of KAPSARC, KAPSARC School of Public Policy (KSPP) celebrated the graduation of 21 students from the inaugural cohort of its Master of...

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Technology & IT | Thursday 11 June, 2026 9:13 am

Qualcomm, Aramco, Saudi Arabia’s Research, Development and Innovation Authority, and HUMAIN, Announce Startups Selected for Design in Saudi Arabia with AI 2026

Qualcomm (through its subsidiary Qualcomm Technologies International, Ltd.), Aramco (through aramcoSAIL - Saudi Accelerated Innovation Lab), Saudi Arabia’s Research, Development and Innovation Authority, and HUMAIN today announced the startups selected for the 2026 edition of the Design in Saudi...

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Business & Money | Thursday 11 June, 2026 9:07 am

RAKEZ joins forces with Mohammed bin Rashid Innovation Fund to strengthen support for innovators and high-potential businesses

Ras Al Khaimah Economic Zone (RAKEZ) entered into a strategic partnership with the Mohammed bin Rashid Innovation Fund (MBRIF), a federal initiative launched by the Ministry of Finance, to strengthen support for innovators, startups, and growth-stage businesses within its ecosystem. The...

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