Category: Corporate
Hail Chamber Opens Committee Nominations
Hail, Saudi Arabia — The Hail Chamber of Commerce and Industry has opened nominations for membership in its sectoral committees for the twelfth term. The chamber called on business owners and specialized experts to take part in...
PIF to Issue New 3- and 7-Year Green Bonds
Riyadh, Saudi Arabia — According to Reuters’ IFR, the Public Investment Fund (PIF) is...
Saudi Paper Manufacturing Profit Falls 44% in H1 2025
Riyadh, Saudi Arabia — Saudi Paper Manufacturing Company posted a net profit of SAR 34.58 million...
Saudi Advanced Industries Posts SAR 110M Loss in H1 2025
Riyadh, Saudi Arabia — Saudi Advanced Industries Co. (SAIC) recorded a net loss of SAR 110.14...
Banking
S&P Sees 3.5% Saudi GDP Growth Through 2028 on Vision 2030 Push
Riyadh, Saudi Arabia — S&P Global has forecast that Saudi Arabia’s economy will grow by an...
SRC, Bank Albilad Sign Mortgage Portfolio Deal to Boost Housing Finance
SPA — The Saudi Real Estate Refinance Company (SRC) has signed a mortgage portfolio purchase...
Saudi Liquidity Hits Record SAR 3.09 Trillion in May 2025
Riyadh, Saudi Arabia — Liquidity in the Saudi economy, as measured by the broad money supply (M3),...
SAIB Approves SAR 498.9M Interim Dividend for H1 2025
Riyadh, Saudi Arabia — Saudi Investment Bank (SAIB) has approved an interim cash dividend of...
Miahona Signs SAR 210M Refinancing Deal with ANB
Riyadh, Saudi Arabia — Miahona has signed a Sharia-compliant financing deal worth SAR 210 million...
Alinma Bank Approves SAR 746M Dividend for Q2 2025
Riyadh, Saudi Arabia — Alinma Bank’s board approved a cash dividend of SAR 746.16 million for...
Business
Hail Chamber Opens Committee Nominations
Hail, Saudi Arabia — The Hail Chamber of Commerce and Industry has opened nominations for membership in its sectoral committees for the twelfth term. The chamber called on business owners and specialized experts to take part in...
CIBAFI Certified Islamic Banker program launches to build skills
Jeddah, Saudi Arabia — The CIBAFI Certified Islamic Banker program is being organized by the...
Madinah Chamber Reports Strong Growth and Investment Momentum in 2025
Madinah, Saudi Arabia — The Madinah Chamber economic report 2025 underscores the region’s...
Medgulf, Buruj Sign Binding Merger Deal, Shares to Be Issued
Riyadh, Saudi Arabia — The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company...
Foreigners Can Now Buy Property in Saudi Arabia – Here’s What to Know
Riyadh, Saudi Arabia — Saudi Arabia has officially enacted a landmark law permitting foreign...
Saudi Non-Oil Exports Up 6% in May as Oil Exports Drop 22%
Riyadh, Saudi Arabia — Saudi non‑oil exports rose 6% year‑on‑year in May 2025, reaching...
Cenomi Shares Surge 6% After Al‑Futtaim Deal
Riyadh, Saudi Arabia — Cenomi shares surge 6% after UAE-based Al-Futtaim Retail confirmed its...
Al‑Futtaim Retail Buys 49.95% of Cenomi Retail for SAR 2.5B
Riyadh, Saudi Arabia — Al‑Futtaim Retail has agreed to acquire a 49.95% stake in Cenomi Retail for...
Companies
Arab National Bank Net Profit Rises 3% in 2025 on Higher Income
Riyadh, Saudi Arabia – Arab National Bank’s net profit increased by 3.02% in 2025 to...
Riyad Capital and SAR Launch SAR 6 Billion Real Estate Fund in Makkah
Riyadh, Saudi Arabia — The Riyad Capital SAR real estate fund marks a major milestone in Saudi...
Saudi Paper Manufacturing Profit Falls 44% in H1 2025
Riyadh, Saudi Arabia — Saudi Paper Manufacturing Company posted a net profit of SAR 34.58 million...
Saudi Advanced Industries Posts SAR 110M Loss in H1 2025
Riyadh, Saudi Arabia — Saudi Advanced Industries Co. (SAIC) recorded a net loss of SAR 110.14...
CSR
TarshId Launches Energy Efficiency Upgrade at Hail Technical College
Riyadh, Saudi Arabia — The National Energy Services Company (Tarshid), in partnership with Hail...
ZATCA Reaches Global Level 5 in Project Portfolio Management
Riyadh, Saudi Arabia — The Zakat, Tax and Customs Authority (ZATCA) has reached Level 5 maturity...
CSR Association Hosts Smart Buildings Workshop to Advance Sustainability
SPA — A workshop in Jeddah on July 15 brought together environmental experts and industry leaders...
Saudi Artisanal Company & Ayadi AlUla Partner to Empower Artisans
Riyadh, Saudi Arabia — The Saudi Artisanal Company Ayadi AlUla strategic partnership marks a...
Al-Awwal Bank Joins Saudi Sustainability Pioneers Program
Riyadh, Saudi Arabia — Al-Awwal Bank Sustainability Pioneers Program participation marks a key...
Esports World Cup Renews Albaik Partnership to Support Saudi Esports Growth
Riyadh, Saudi Arabia — The Esports World Cup Albaik partnership 2025 has been renewed for a second...
ESG
Ministry of Finance Concludes 2025 Self-Audit Program with 251 Participants
Riyadh, Saudi Arabia — The Ministry of Finance Self-Audit Program 2025 has concluded after...
PIF to Issue New 3- and 7-Year Green Bonds
Riyadh, Saudi Arabia — According to Reuters’ IFR, the Public Investment Fund (PIF) is...
SDAIA Earns First Middle East CREST Cybersecurity Certifications
Riyadh, Saudi Arabia — The Saudi Data and Artificial Intelligence Authority (SDAIA) has become the...
ZATCA Reaches Global Level 5 in Project Portfolio Management
Riyadh, Saudi Arabia — The Zakat, Tax and Customs Authority (ZATCA) has reached Level 5 maturity...