Business & Money | Thursday 23 April, 2026 4:13 pm

Sumou to manage infrastructure development for Riyadh land portfolio

Sumou Real Estate Co. said it signed an agreement to manage infrastructure development for land plots in Riyadh’s Al Qadisiyah, Al Rimal, and Al Janadriyah districts, covering a total area of 1.83 million square meters, according to a statement to Tadawul. The agreement was signed with...

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Business & Money | Wednesday 22 April, 2026 11:30 am

Riyadh Development to sell fund units to Sumou Holding for SAR 184.5M

Riyadh Development Co. said it signed an agreement on April 22 to sell all of its units in Al Arabi Riyadh Development Real Estate Fund to Sumou Holding Co. for SAR 184.5 million, according to a statement to Tadawul. The consideration will be paid in three installments over ...

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Business & Money | Tuesday 21 April, 2026 3:24 pm

solutions signs SAR 132.4M contract with stc

Arabian Internet and Communications Services Co. (solutions) said it signed a SAR 132.4 million contract with stc on April 20 to design, equip, and upgrade digital infrastructure for a data center network supporting cloud services, according to a statement to Tadawul. The three-year...

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Business & Money | Tuesday 21 April, 2026 3:22 pm

Hawyia signs marketing, brokerage deal with Alsoliman Real Estate

Hawyia Co. said it signed a contract on April 20 with Alsoliman Real Estate Co. to provide exclusive marketing and real estate brokerage services, according to a statement to Tadawul. Under the agreement, Hawyia will receive a sales commission of no less than 2.5% of the value of units...

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Business & Money | Thursday 16 April, 2026 11:02 am

Mobily, Motorola launch Razr Fold – FIFA 26™ World Cup exclusively in the Kingdom

Etihad Etisalat Company (Mobily) in collaboration with Motorola Mobility, a subsidiary of Lenovo Group, announced the exclusive launch of the Motorola Razr Fold – FIFA 26™ World Cup edition smartphones on Mobily’s online platform and stores across the Kingdom in a move reflecting the...

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Business & Money | Thursday 16 April, 2026 10:18 am

NWC completes a water network project in Al-Hajrah, Al-Baha, to serve 3,500 people

The National Water Company (NWC) announced the completion of the first phase of the water networks project in Al-Hajrah governate, Al-Baha region. The project cost is nearly 4 million Saudi Riyals. This project is part of the company’s ongoing efforts to strengthen water sector infrastructure and ...

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Business & Money | Wednesday 15 April, 2026 10:45 am

SHUAA Capital, Gate Capital to launch Saudi fuel retail platform

SHUAA Capital said its wholly owned unit, SHUAA Capital Saudi Arabia, has signed a memorandum of understanding with Gate Capital to launch an alternative investment fund aimed at consolidating the fuel retail sector in Saudi Arabia. The Dubai-listed firm said the partnership seeks to ...

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Business & Money | Tuesday 14 April, 2026 10:38 am

Academy of Learning signs SAR 332.4M lease for Riyadh education complex

Learning National Schools Co., a subsidiary of Saudi-listed Academy of Learning Co., signed a long-term investment lease agreement with High Standard Real Estate Co. for a model educational complex in Riyadh. The lease value stood at SAR 332.44 million (inclusive of VAT), according to a...

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Business & Money | Monday 13 April, 2026 8:00 am

MIS receives SAR 114.6M PO from Ministry of Education

Al Moammar Information Systems Co. (MIS) received a purchase order from the Ministry of Education valued at SAR 114.55 million (including VAT). In a statement on Tadawul, the company said a one-year contract was awarded and signed on April 1. Under the contract, MIS will provide IT...

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Business & Money | Monday 13 April, 2026 8:00 am

ELSEWEDY ELECTRIC Advances Power Transformation with Six High-Voltage Substations in Saudi Arabia

 ELSEWEDY ELECTRIC Power Systems Projects is currently executing a portfolio of six high-voltage power substations across various regions of the Kingdom, with voltage levels ranging between 110 and 115 kilovolts. This is part of the company’s ongoing commitment to supporting and...

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