Government | Sunday 3 May, 2026 8:58 am

Nazaha probes 259 suspects, detains 97 in April

Saudi Arabia’s Oversight and Anti-Corruption Authority (Nazaha) handled a number of criminal and administrative cases through 3,041 inspection visits in April. In a post on X, Nazaha said it investigated 259 suspects and detained 97 individuals, some of whom were later released on bail, over ...

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Government | Sunday 3 May, 2026 8:56 am

REGA issues rules to regulate real estate marketing and advertising

Saudi Arabia’s Real Estate General Authority (REGA) approved a new set of rules to regulate real estate marketing and advertising, aiming to bring greater transparency and discipline to the sector. The regulation, issued under the Real Estate Brokerage Law, consists of 12 articles covering...

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Business & Money | Saturday 2 May, 2026 8:00 am

Umm Al Qura for Development & Construction signs agreement with Kempinski to operate the first Kempinski Residences project in Makkah

Umm Al Qura for Development & Construction Company, the owner, developer, and operator of Masar Destination in Makkah, has signed an agreement with the global Kempinski Group to operate Kempinski Residences at Masar Makkah. This project marks the first Kempinski-branded residential development...

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Business & Money | Tuesday 28 April, 2026 3:03 pm

As part of its preparations for first visit season of 1447H Hajj NWC announces its readiness to serve Madinah visitors distributing 627,000 cubic meters of water daily

As part of its operational plan for the first Madinah visit during 1447H Hajj (pilgrimage) season, the National Water Company (NWC) has announced that it is ready to provide its services to Allah’s guests. The plan aims to distribute over 627,000 cubic meters of water each day. The company has...

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Business & Money | Monday 27 April, 2026 12:24 pm

Asas Makeen estimates Al Hada Avenue contract value at SAR 98.8M

Asas Makeen Real Estate Development and Investment Co. announced today, April 27, the signing of an addendum to its contract with First Avenue for Real Estate Development Co. for the Al Hada Avenue residential project in Riyadh. The new addendum came after completing...

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Business & Money | Sunday 26 April, 2026 3:29 pm

Promedex renews, raises credit facility with BSF to SAR 108M

Professional Medical Expertise Co. (Promedex) announced the renewal and increase of its Islamic financing facility with Banque Saudi Fransi to SAR 108 million. In a statement on Tadawul, the company said the facility is structured to include SAR 70 million multi-purpose limit covering bank...

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Business & Money | Thursday 23 April, 2026 4:13 pm

Sumou to manage infrastructure development for Riyadh land portfolio

Sumou Real Estate Co. said it signed an agreement to manage infrastructure development for land plots in Riyadh’s Al Qadisiyah, Al Rimal, and Al Janadriyah districts, covering a total area of 1.83 million square meters, according to a statement to Tadawul. The agreement was signed with...

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Business & Money | Wednesday 22 April, 2026 11:30 am

Riyadh Development to sell fund units to Sumou Holding for SAR 184.5M

Riyadh Development Co. said it signed an agreement on April 22 to sell all of its units in Al Arabi Riyadh Development Real Estate Fund to Sumou Holding Co. for SAR 184.5 million, according to a statement to Tadawul. The consideration will be paid in three installments over ...

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Business & Money | Tuesday 21 April, 2026 3:24 pm

solutions signs SAR 132.4M contract with stc

Arabian Internet and Communications Services Co. (solutions) said it signed a SAR 132.4 million contract with stc on April 20 to design, equip, and upgrade digital infrastructure for a data center network supporting cloud services, according to a statement to Tadawul. The three-year...

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Business & Money | Tuesday 21 April, 2026 3:22 pm

Hawyia signs marketing, brokerage deal with Alsoliman Real Estate

Hawyia Co. said it signed a contract on April 20 with Alsoliman Real Estate Co. to provide exclusive marketing and real estate brokerage services, according to a statement to Tadawul. Under the agreement, Hawyia will receive a sales commission of no less than 2.5% of the value of units...

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