Business & Money | Sunday 22 February, 2026 5:48 am

Alkhorayef Water inks SAR 57.3M contract with NWC in Hafer Al-Batin

Alkhorayef Water and Power Technologies Co. (AWPT) signed a contract with the National Water Co. (NWC), totaling SAR 57.28 million (excluding VAT). Under the 36-month contract, AWPT will carry out the operation and maintenance of water and wastewater networks in Hafer Al-Batin, Saudi Arabia,...

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Business & Money | Sunday 22 February, 2026 5:45 am

ROSHN inks SAR 1.3B deals to sell, develop land plots in SEDRA

ROSHN Group signed various strategic agreements to sell and develop land plots with an investment value exceeding SAR 1.3 billion. These agreements were signed in partnership with a number of local real estate developers for the establishment of residential and commercial projects within the SEDRA...

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Business & Money | Sunday 22 February, 2026 5:42 am

Red Sea subsidiary inks framework agreement with KSIA

Red Sea International Co.’s subsidiary, Fundamental Installation for Electric Work Co. Ltd. (First Fix), signed a framework agreement on Feb. 18 with King Salman International Airport (KSIA) Development Co. for the early works package at the KSIA project in Riyadh. The agreement sets general ...

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Business & Money | Sunday 22 February, 2026 5:39 am

Acwa signs solar projects deal with Türkiye Energy Ministry

Saudi Arabia’s utility Acwa has signed a comprehensive power purchase agreement (PPA) with Turkey’s Ministry of Energy and Natural Resources to develop solar power plants with multi-billion-dollar investments. Alparslan Bayraktar, Minister of Energy and Natural Resources, said on X that...

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Business & Money | Thursday 19 February, 2026 10:46 am

How Security Works on a P2P Trading Platform

Security is often the primary concern for users exploring peer-to-peer trading models, especially when compared to traditional centralized exchanges. This concern is understandable, as a p2p trading platform distributes responsibility differently, placing a greater emphasis on procedural safeguards ...

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Business & Money | Thursday 19 February, 2026 10:30 am

Cryptocurrency to Fiat: Regulation, Compliance, and Financial Transparency

As digital assets move closer to the mainstream financial system, regulatory considerations increasingly shape how users convert them into traditional currency. What was once an informal and lightly monitored process is now subject to clearer rules, reporting obligations, and institutional...

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Business & Money | Wednesday 18 February, 2026 1:16 pm

Saudi Arabia, Qatar ink maritime, logistics MoU

Saudi Ports Authority (Mawani) and Qatar Ports Management Co. (Mwani Qatar) signed a memorandum of understanding (MoU) to enhance maritime and logistics cooperation, aiming to boost port efficiency and support regional and international trade. The agreement spans eight key areas, including...

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Business & Money | Wednesday 18 February, 2026 12:45 pm

Visa Brings the FIFA WORLD CUP 2026TM WINNER’S TROPHY to Fans in Saudi Arabia

Visa, a global leader in digital payments and the Worldwide Partner of FIFA, brought the excitement of the FIFA WORLD CUP 2026TM WINNER’S TROPHY to Saudi Arabia, offering fans a rare opportunity to experience one of the most iconic symbols in global sport up close. Held in Riyadh on...

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Business & Money | Wednesday 18 February, 2026 12:17 pm

stc group Achieves Record-High Revenues of SAR 77.8 Billion and Net Profit Growth of 12.5% After Excluding Non-Recurring Items

stc group announced its consolidated financial results for the fiscal year ended December 31, 2025, recording the highest revenues in its history at SAR 77.8 billion, reflecting a 2.5% increase compared to the previous year. Net profit rose by 12.5% after excluding non-recurring items,...

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Business & Money | Wednesday 18 February, 2026 12:13 pm

Jabal Omar receives white land fees invoices of SAR 31M

Jabal Omar Development Co. has received several invoices related to white land fees in the amounts of SAR 7.59 million, SAR 7.42 million, and SAR 16.03 million for the years 2022, 2023, and 2024, respectively. According to the company’s statement on Tadawul, the company has submitted a...

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