Business & Money | Sunday 1 November, 2026 7:55 pm

ARDCO’s share of projects hits SAR 3B, to exit 300,000 sqm land plots: CFO

The total value of projects in which Riyadh Development Co. (ARDCO) participates stands at approximately SAR 9 billion, with the company’s share exceeding SAR 3 billion, according to CFO Mohammed Alkulaib. Alkulaib told Al Arabiya TV that the projects will be financed through several...

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Business & Money | Sunday 1 November, 2026 12:14 pm

Dubai Airport Freezone, Forbes Middle East to host Future Growth Nexus Summit on November 23

Under the patronage of H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Integrated Economic Zones Authority (DIEZ), Dubai Airport Freezone (DAFZ) and Forbes Middle East will organise the inaugural Future Growth Nexus Summit on 23rd November at Mandarin Oriental Jumeira,...

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Business & Money | Sunday 1 November, 2026 12:02 pm

NWC Completes Water Networks in Al-Qoz, Al-Qunfudhah

The National Water Company (NWC) announced the completion of a water network project at Al-Qoz Center in Al-Qunfudhah Governorate of Makkah region, at a cost exceeding 55 million Saudi Riyals. The project is part of the company’s plans to strengthen the water sector’s infrastructure and...

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Business & Money | Sunday 1 November, 2026 11:56 am

Cenomi Centers signs SAR 825M contract for Madinah Downtown project

Arabian Centres Co. (Cenomi Centers) signed a design-and-build contract with Lynx Contracting Co. for the mall and office components of Saudi Downtown Co.’s Madinah Downtown project at a total value of SAR 825 million, excluding VAT. Saudi Downtown Co. is a subsidiary of the Public...

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Business & Money | Sunday 1 November, 2026 11:54 am

PIF and Aramco close HUMAIN transaction

The Public Investment Fund (PIF) and Saudi Aramco announced today, Nov. 1, the completion of a deal under which Aramco, through a wholly owned subsidiary, acquired a 49% stake in HUMAIN, while PIF retains its 51% ownership in the company. Under the deal, Aramco will inject approximately SAR...

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Cars & Autos | Sunday 1 November, 2026 8:52 am

Theeb Rent a Car Receives ‘A-’ Credit Rating from Tassnief with a Stable Outlook

Theeb Rent a Car Company announced that it has received a credit rating from SIMAH Credit Rating Agency (Tassnief), licensed by the Capital Market Authority (CMA). The Company was assigned a long-term credit rating of ‘A-’ and a short-term credit rating of ‘T-3’, with a stable outlook. This ...

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Business & Money | Thursday 29 October, 2026 6:15 pm

NWC Completes Two Sewer Network Projects in Al-Baha at SR +230m

The National Water Company (NWC) has completed two sewer network projects in Al-Baha city at a cost of more than 230 million Saudi Riyals. The two projects serve over 34,000 beneficiaries. This comes as part of the company’s efforts to strengthen water and sanitation infrastructure and improve...

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Business & Money | Thursday 29 October, 2026 10:59 am

Dun & Bradstreet SAME Brings D&B’s Global AI Capabilities to Local Markets

Collaborations with Anthropic, OpenAI, Microsoft, AWS, Snowflake and others position the D&B Commercial Graph™ at the intersection of trusted data and enterprise AI. Riyadh, Saudi Arabia - Dun & Bradstreet is expanding access to its verified commercial intelligence through...

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Business & Money | Thursday 29 October, 2026 10:16 am

Remat Al-Riyadh Signs First Contract to Operate Integrated Alternative Mobility Solutions in Riyadh

Remat Al-Riyadh Development Company, the development arm of Riyadh Municipality, has signed a contract with International Modern Industries Company for the design, implementation, operation and maintenance of the first phase of an alternative mobility network for Riyadh. This contract is Remat ...

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Business & Money | Thursday 29 October, 2026 9:05 am

5th Digital Transformation Kuwait Conference 2026 to Accelerate Kuwait’s Journey Towards an AI-Powered Future

Over 800 delegates and 45 industry leaders to convene to explore artificial intelligence, cybersecurity, smart infrastructure and a new generation digital governmentKuwait City, Kuwait: As Kuwait accelerates its transition towards a knowledge-driven digital economy, the 5th Digital Transformation...

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