Government | Saturday 17 May, 2025 3:43 pm

Commerce Ministry urges companies to submit 2024 financials

The Ministry of Commerce called on companies to submit their 2024 financial statements no later than June 30, 2025, to avoid financial penalties in accordance with the Companies Law.   Companies should prepare their statements at the end of each fiscal year in line with the...

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Government | Saturday 17 May, 2025 3:42 pm

Saudi Arabia approves amendments to CCC integrated customs tariff

Mohammed Al-Jadaan, Minister of Finance and Chairman of the Zakat, Tax and Customs Authority (ZATCA), approved amendments to the CCC integrated customs tariffs. The decision will take effect from June 1, 2025, the data of its publication on the official gazette Umm Al-Qura. The updates...

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Business & Money | Thursday 15 May, 2025 8:00 am

Hilton Set to Hit 100 Hotel Milestone in Saudi Arabia

Hilton (NYSE: HLT) today announces it is set to hit the milestone of 100 hotels trading and in the pipeline in Saudi Arabia this year – reaffirming its long-term commitment to growth across the Kingdom. The global hospitality company continues to introduce more of its award-winning brands to the...

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Business & Money | Thursday 15 May, 2025 8:00 am

NWC announces its readiness to receive visitors to Madinah by distributing 615,000 m3 per day

The National Water Company (NWC) announced its readiness to serve visitors to the Prophet's Mosque in Madinah, as part of its operational plan for the first Hajj season this year 1446H, where it plans to distribute 615,000 cubic meters of water per day. The company confirmed the readiness of...

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Business & Money | Thursday 15 May, 2025 8:00 am

Social Development Bank Signs four agreements in Al Qassim, In the Presence of the Minster of Human Resources and Social Development.

His Excellency Eng. Ahmed Al-Rajhi, the Minister of Human Resources and Social Development and Chairman of the Board of Directors of the Social Development Bank, sponsored the signing of multiple development agreements during his visit to the Qassim region. He was accompanied by the Bank's CEO,...

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Business & Money | Wednesday 14 May, 2025 1:53 pm

Adeera and Expedia Group Enter Preferred Partnership for B2B Distribution Rates

The Hotel Management Company “Adeera”, a PIF company, signed an agreement with Expedia Group, one of the world’s leading travel technologies companies, at Arabian Travel Market (ATM) joining their B2B distribution rates program on a preferred basis.  This strategic partnership will...

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Government | Wednesday 14 May, 2025 10:29 am

GCC-US summit convenes in Riyadh today

The GCC-US summit between the GCC countries and the US will be held today, May 14, in Riyadh. US President Donald Trump arrived yesterday in Riyadh, on his first foreign visit since taking office for a second time. The summit aims to strengthen political, economic, and security...

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Business & Money | Wednesday 14 May, 2025 7:45 am

US President says Riyadh set to become global capital

U.S. President Donald Trump said that Riyadh has become the capital of topnotch technology in the world and will be a global capital in the upcoming period. "What I saw in terms of architectural brilliance in Saudi Arabia, I have not seen anywhere else in the world,” he added.   In ...

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Government | Tuesday 13 May, 2025 3:41 pm

Crown Prince, Trump co-chair Saudi-US Summit

Crown Prince Mohammed bin Salman and US President Donald Trump co-chaired the Saudi-US summit held at Al Yamamah Palace in Riyadh. The summit followed the signing of several joint agreements and memorandums of understanding, most notably the strategic partnership between the two...

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Government | Tuesday 13 May, 2025 2:29 pm

Saudi Crown Prince receives Trump in Diriyah

Saudi Crown Prince Mohammed bin Salman welcomed US President Donald Trump to Diriyah on May 13 evening. The two leaders toured Al-Turaif district and viewed the Diriyah project masterplans. ...

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