Category: Corporate
Al-Jouf signs subscription deal with Almunajem Foods
Riyadh, Saudi Arabia — Al-Jouf Agricultural Development Co. announced the signing of a subscription agreement with Almunajem Foods Company. The company did not disclose further terms in the material provided.The announcement...
Anmat Technology wins 113.7 million SAR project
Riyadh, Saudi Arabia — Anmat Technology for Trading Company said it received a supplementary announcement regarding the award of a project by a government military entity. The project carries a value of 113.7 million SAR,...
Emir of Eastern Province Receives SABIC Chairman
Dammam, Saudi Arabia — His Royal Highness Prince Saud bin Nayef bin Abdulaziz, Emir of the Eastern Province, received the Chairman of the Board of the Saudi Basic Industries Corporation, Engineer Khalid bin…The meeting...
Monshaat Launches Guidance Week in Jeddah
Jeddah, Saudi Arabia — The General Authority for Small and Medium Enterprises, known as Monshaat, is organizing a week of guidance and advisory programs at the Enterprise Support Center in Jeddah. The initiative brings together...
Banking
Al-Jawf Youth Association hosts finance workshop
Sakaka, Saudi Arabia — The Al-Jawf Youth Association on Saturday organized a workshop in Sakaka titled “Finance for Non-Financials.” Mohammed bin Fahd Al-Shammari, director of the Social Development Bank, delivered the...
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...
Reports
Business
Monshaat Launches Guidance Week in Jeddah
Jeddah, Saudi Arabia — The General Authority for Small and Medium Enterprises, known as Monshaat, is organizing a week of guidance and advisory programs at the Enterprise Support Center in Jeddah. The initiative brings together...
Hail Chamber holds workshop on automotive retail training
Hail, Saudi Arabia — The Hail Chamber is holding a workshop today with the Ministry of Commerce and the Council of Saudi Chambers to examine training challenges in the retail sector, with a focus on automotive retail. The...
Hail Chamber Opens Quality Course Registration
Hail, Saudi Arabia — The Hail Chamber has opened registration for a training course titled “Basic Quality Concepts,” aligned with ISO 9001 standards. The program is aimed at male and female job seekers, and it forms part of the...
Tarmim Deepens Housing Restoration Partnerships
Jeddah, Saudi Arabia — The Tarmim for Development Association in the Makkah Region signed a community partnership agreement with the Al-Birr Charitable Association in Al-Muwaiyah. It also signed a memorandum of understanding...
AAOIFI and arbitration center host seminar
Jeddah, Saudi Arabia — The Accounting and Auditing Organization for Islamic Financial Institutions, in cooperation with the International Islamic Center for Reconciliation and Arbitration, will hold a seminar next Tuesday by...
Tabuk Chamber spotlights Qiwa platform services
Tabuk, Saudi Arabia — The Tabuk Chamber of Commerce organized a workshop on Sunday titled “Introduction to the Qiwa Platform and its Services.” The session formed part of the chamber’s awareness programs for private-sector...
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...
Companies
Emir of Eastern Province Receives SABIC Chairman
Dammam, Saudi Arabia — His Royal Highness Prince Saud bin Nayef bin Abdulaziz, Emir of the Eastern Province, received the Chairman of the Board of the Saudi Basic Industries Corporation, Engineer Khalid bin…The meeting...
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...
CSR
Joint seminar on Islamic finance conditions
Jeddah, Saudi Arabia — The Accounting and Auditing Organization for Islamic Financial Institutions, in cooperation with the International Islamic Center for Reconciliation and Arbitration, will hold a seminar next Tuesday by...
Tarmim expands housing restoration partnerships
Jeddah, Saudi Arabia — The Tarmim for Development Association in the Makkah Region signed a community partnership agreement with Al-Bir Charity Association in Al-Muwaiyah, and it also signed a memorandum of understanding with a...
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...
ESG
Ministry closes 12 water plants in Jeddah
Riyadh, Saudi Arabia — The Ministry of Commerce has closed 12 water-production facilities in Jeddah governorate after monitoring and investigative operations found regulatory violations that could endanger public health. The...
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...
