Business & Money | Saturday 5 April, 2025 11:51 am

Elm inks SAR 1.9B banking facilities agreement with SNB

Elm Co. signed, on March 27, a SAR 1.9 billion Shariah-compliant banking facilities agreement with Saudi National Bank (SNB). In a statement to Tadawul, the company said that the financing period is five years, and the step aims at funding expansions and acquisitions. The credit is...

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Business & Money | Saturday 5 April, 2025 11:48 am

Al Arabia signs MoU with Multiply Group to invest in outdoor advertising

Arabian Contracting Co. (Al Arabia) signs a memorandum of understanding (MoU) with Multiply Group's media vertical for the creation of a joint entity to invest in the global out-of-home advertising sector, strengthen global presence and support expansion plans into international...

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Business & Money | Saturday 5 April, 2025 11:46 am

Clean Life partially leases residential building in Riyadh for SAR 525,000

Clean Life Co. signed on March 28 a contract with Alfanar Projects Co. to partially lease its owned residential building in Ar-Rimal district, Riyadh, for SAR 525,000. In a statement to Tadawul, Clean Life said it leased 30% capacity of its wholly owned building, which exceeds the company's...

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Business & Money | Saturday 5 April, 2025 11:41 am

Purity wins SAR 3.31M contract from Taqeem

Purity for Information Technology Co. was awarded on March 27 a VAT-inclusive contract by Saudi Authority of Accredited Valuers (Taqeem) at a total value of SAR 3.31 million. Under the 12-month contract, Purity will help Taqeem continue the development and operation of its e-portal, the...

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Business & Money | Friday 4 April, 2025 11:41 am

Automechanika Riyadh, returns as Saudi Arabia’s automotive aftermarket sector accelerates towards USD34 billion by 2033

Saudi Arabia’s leading regional trade show for the automotive aftermarket sector will be held at RICEC from 28-30 April The largest edition of the event to date will showcase exhibitors from 32 countries across five halls and will welcome 19,000 visitors The event will feature returning ...

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Business & Money | Thursday 3 April, 2025 1:37 am

Crown Prince’s directives on real estate sector to curb inflation

Saudi Minister of Finance Mohammed Al-Jadaan said that the recent directives issued by Crown Prince Mohammed bin Salman regarding achieving balance in the land and real estate sector in Riyadh reaffirm the government's ability to utilize available tools. This will be attained whether through...

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Business & Money | Monday 31 March, 2025 5:14 am

REGA CEO says real estate balance measures regulate market, achieve stability

Abdullah Alhammad, CEO of the Real Estate General Authority (REGA), praised Crown Prince Mohammed bin Salman's announcement regarding the approval of several measures to balance the real estate sector in Riyadh, the Saudi Press Agency reported.   The measures include lifting the...

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Business & Money | Monday 31 March, 2025 5:06 am

Emirates Publishers Association Sponsors Young Emirati Publishers at London and Bologna Book Fairs

The Emirates Publishers Association (EPA) continues to support and nurture the new generation of Emirati publishers, enabling them to represent the UAE at key international cultural forums and gain exposure to global best practices in the publishing industry. As part of this commitment, EPA has...

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Business & Money | Monday 31 March, 2025 5:05 am

CMA publishes study on evaluating compensation opportunities for affected parties

The Capital Market Authority (CMA) published a study on the "Assessment of Compensation Opportunities for Affected Parties in the Capital Market," which examines the increasing frequency of compensations arising from announcements of punitive decisions against violators of the Capital Market...

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Business & Money | Monday 31 March, 2025 4:58 am

Azizi Developments reaches 86% construction completion of Azizi Vista in Dubai Studio City

Azizi Developments, a leading private developer in the UAE, has announced that the construction of Azizi Vista in Dubai Studio City is now 86% complete. Located in one of Dubai’s most sought-after residential areas, the development is scheduled to be delivered in Q3 2025 and will feature studio,...

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