Business & Money | Thursday 1 January, 2026 9:23 am

The Real Estate Registry (RER) is the “Real Estate Future Partner” for the 5th Edition of the Real Estate Future Forum 2026

The Real Estate Registry has officially announced its participation in the Real Estate Future Forum 2026 as the “Real Estate Future Partner.” The forum will be held from January 26 to 28, 2026, under the auspices of His Excellency the Minister of Municipalities and Housing, Mr. Majed bin...

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Business & Money | Wednesday 31 December, 2025 12:50 pm

Global Media Figure Piers Morgan: I look forward to participating in the Real Estate Future Forum 2026, as it represents a vital platform for the future of global real estate.

For the second consecutive year, British broadcaster and internationally influential media figure Piers Morgan will participate in the fifth edition of the Real Estate Future Forum, convening at a critically important moment as Saudi Arabia undergoes a pivotal transformation in its real estate...

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Business & Money | Wednesday 19 November, 2025 1:28 pm

Partnership between former Prime Minister of the United Kingdom and the Real Estate Future Forum

As part of preparations for the fifth edition of the Real Estate Future Forum, taking place in May 2025, Forum officials met in London with Baroness Theresa May, former Prime Minister of the United Kingdom and member of the House of Lords. The meeting was held during an international tour aimed at...

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Business & Money | Saturday 3 January, 2026 5:28 am

Wafrah says new product lines to start operations in January

Wafrah for Industry and Development Co. said its new spaghetti and nested nidi pasta production lines will start commercial operations in January 2026.   In a statement to Tadawul, the company said the delay in receiving and operating the lines was due to delays in the delivery of...

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Business & Money | Saturday 3 January, 2026 5:26 am

PIF assets rise to $1.

The Public Investment Fund (PIF) ranked fifth among the world’s largest sovereign wealth funds (SWFs), after its net assets amounted to $1.15 trillion, recent data from the SWF Institute showed.   PIF's assets rose by $226 billion from $925 billion by the end of December...

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Government | Saturday 3 January, 2026 5:23 am

Saudi embassy says mutual visa exemption with Russia not yet in force

The Saudi embassy in Russia said the mutual visa exemption agreement between the two countries has not yet entered into force. In a post on X, the embassy said the agreement’s implementation remains subject to the completion of required regulatory procedures between both sides under approved ...

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Business & Money | Thursday 1 January, 2026 11:31 am

Tibbiyah inks deal to sell interest in Innovative Healthcare for SAR 52M

Arabian International Healthcare Holding Co. (Tibbiyah) signed, on Dec. 31, 2025, a conditional share purchase agreement to sell its 51% equity interest in Innovative Healthcare Holdings Ltd. for SAR 52 million, implying an equity value of SAR 101.96 million for 100% of the company. In a...

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Government | Thursday 1 January, 2026 11:27 am

Updated law on non-Saudis’ property ownership comes into effect today

The updated law regulating property ownership by non-Saudis in the Kingdom comes into force today, Jan. 1, following approval by the Saudi Cabinet in July 2025. The updated law aims to regulate non-Saudis’ ownership of real estate and the acquisition of real property rights within the...

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Government | Thursday 1 January, 2026 11:25 am

Issuance of white land fee bills begins today in Riyadh

The issuance of white land fee bills for lands subject to the levy in Riyadh began today, Jan. 1.   Landowners may apply for an additional development grace period once the fee is assessed on their land. The additional period is granted upon approval by the competent committee in...

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Business & Money | Thursday 1 January, 2026 11:24 am

Over 60,000 white land fee invoices issued in Riyadh

The Ministry of Municipal, Rural Affairs and Housing, represented by the White Land and Vacant Property Fees Program, announced today, Jan., the issuance of more than 60,000 white land fee bills in the city of Riyadh.The move aligns with the directives of Crown Prince Mohammed bin Salman aimed at...

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Business & Money | Thursday 1 January, 2026 11:07 am

SABIC EGM approves transferring SAR 110.9B general reserve to retained earnings

Shareholders of Saudi Basic Industries Corporation (SABIC) approved transferring SAR 110.9 billion from the general reserve to the retained earnings account, based on the 2024 consolidated financial statements and the financials for the period ended Sept. 30, 2025. The approval was granted at...

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Business & Money | Thursday 1 January, 2026 11:05 am

Fakeeh Care delineates acquisition cost of stake in Diagnostics Elite

Dr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care) and its subsidiaries stated that the total investment cost of acquiring a 50.01% ownership stake in Diagnostics Elite Co. amounts to SAR 70 million. The former owner of the stake was Soliman Abdul-Qader Fakeeh Real Estate Co. (Fakeeh Real...

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Business & Money | Wednesday 31 December, 2025 10:56 am

TAQA, EWEC announce financial closing for 1GW Al Dhafra Power Plant

Abu Dhabi National Energy Company PJSC (TAQA), together with Emirates Water and Electricity Company (EWEC), on Tuesday announced the financial closing of AED3.6 billion 1GW Al Dhafra Power Plant, which will provide power to data centre projects and advance the UAE National Strategy for Artificial...

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