Category: Corporate
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...
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...
Banking
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...
NDF Secures SAR 5.5B Credit Deals with Riyad and Awwal Banks
Riyadh, Saudi Arabia — The Saudi National Development Fund (NDF) has finalized two credit facility...
Business
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...
The Helicopter Company Secures SAR 600M Islamic Facility from ANB
Riyadh, Saudi Arabia — The Helicopter Company (THC), owned by the Public Investment Fund and the...
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...