Business & Money | Thursday 3 September, 2026 1:51 pm

NWC Concludes a Contract to Rehabilitate, Operate, and Maintain 9 STPs in 4 Regions at SR +1.3 billion

Today, September 1st, 2026, the National Water Company (NWC) signed the tenth package of long-term operation and maintenance contracts (LTOMs) with a Saudi-Chinese consortium for the rehabilitation, operation, and maintenance of 9 environmental treatment plants (STPs) for a period of 15 years in 4...

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Business & Money | Thursday 3 September, 2026 1:48 pm

stc group Powers its Venture Ecosystem with the Launch of colab

stc group launches ‘colab’ as a dedicated innovation and corporate venture building company at LEAP 2026.Riyadh, Saudi Arabia, September 2, 2026: stc group, Saudi Arabia’s leading digital enabler, has announced the launch of colab, its innovation and corporate venture-building arm, at LEAP...

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Business & Money | Thursday 3 September, 2026 1:46 pm

SAIB to sell entire stake in American Express Saudi Arabia for SAR 1.43B

The Saudi Investment Bank (SAIB) has signed an agreement with American Express Middle East to sell its entire 50% stake in American Express Saudi Arabia for SAR 1.43 billion ($381.36 million), in addition to a deferred purchase consideration, in accordance with the shareholders’ agreement between ...

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Business & Money | Thursday 3 September, 2026 1:44 pm

Saudi Ministry of Investment signs deal to localize offshore drilling rig manufacturing

The Ministry of Energy said the Ministry of Investment and Saudi Aramco Rowan Offshore Drilling Co. (ARO) have signed an agreement to support the localization of offshore drilling rig manufacturing in Saudi Arabia. The agreement aims to localize the offshore drilling rig business by...

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Business & Money | Thursday 3 September, 2026 8:06 am

Local and international speakers to headline Saudi Warehousing & Logistics Summit in Riyadh

As Saudi Arabia advances its ambition to become an international logistics hub, Saudi Warehousing & Logistics Summit will bring together industry leaders and practitioners through a dedicated content programme covering strategic priorities, operational challenges and emerging opportunities...

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Business & Money | Thursday 3 September, 2026 7:27 am

Big 5 Construct Saudi spotlights pathway to sustainable future and long-term partnerships for the Kingdom’s construction industry

Big 5 Construct Saudi concludes today at Riyadh Front Exhibition & Conference Center, wrapping up an energetic four days of high-level, strategic industry engagement focused on the future of construction and the evolving needs of the Kingdom’s built environment.  Big 5 Construct...

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Business & Money | Wednesday 2 September, 2026 3:27 pm

LEAP 2026 sees over $2.5B investments in 2nd day

The second day of LEAP 2026 saw the announcement of investments and launches worth approximately $2.5 billion in total, Saudi Press Agency (SPA) reported. The announcements covered data centers, cloud services, technology localization, and research and development, reinforcing Saudi Arabia’s ...

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Business & Money | Wednesday 2 September, 2026 3:23 pm

Sharjah Chamber concludes Korea business mission with strategic partnerships

The Sharjah Chamber of Commerce and Industry (SCCI) has concluded an official business mission to the brotherly Republic of Korea, led by Halima Humaid Ali Al Owais, Chairperson of the Sharjah Consultative Council and Board Member of SCCI. The delegation comprised 30 prominent businesswomen,...

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Business & Money | Wednesday 2 September, 2026 3:20 pm

UAE targeting 35% clean energy by 2030-2031: Minister of Energy and Infrastructure

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said the UAE has raised its clean energy target, covering nuclear and renewable energy, to 35 percent by 2030-2031. In an interview with the Emirates News Agency (WAM) on the sidelines of Middle East Energy 2026, which...

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Business & Money | Wednesday 2 September, 2026 3:14 pm

Dubai Chambers launches Agentic AI training for over 14,000 Business Group & Business Council member companies

Dubai Chambers today launched specialised training tracks aimed at equipping more than 14,000 member companies of the Business Groups and Business Councils operating under Dubai Chamber of Commerce with the skills to adopt Agentic AI across their operations. The initiative forms part of the...

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