Business & Money | Monday 12 January, 2026 11:09 am

Major shift seen in opening real estate, financial markets to foreigners in 2026: Al-Falih

Minister of Investment Khalid Al-Falih said that Saudi Arabia will witness a major transformation in 2026 in opening its real estate and financial markets to foreign investors. Speaking during his participation in the Saudi–Japanese Ministerial Investment Forum, Al-Falih noted that the...

More Details

Business & Money | Sunday 11 January, 2026 1:02 pm

Al Akaria unit signs SAR 550M credit facility with Alinma Bank

Saudi Real Estate Co.’s (Al Akaria) subsidiary, Saudi Real Estate Infrastructure Co. (Binyah), signed a Shariah-compliant credit facilities agreement valued at SAR 550 million with Alinma Bank, according to a Tadawul statement. The credit facilities have a one-year tenor and are...

More Details

Business & Money | Sunday 11 January, 2026 12:59 pm

Bank Albilad completes issuance of $500M AT1 sukuk

Bank Albilad completed the issuance of USD-denominated additional tier 1 (AT1) capital sukuk worth $500 million. In a statement published on Tadawul, the bank said that settlement of the sukuk issuance will take place on Jan. 15. Sukuk Issuance Details TypeUSD-denominated AT1...

More Details

Business & Money | Sunday 11 January, 2026 11:38 am

SAL signs SAR 233M contract to develop Jeddah ground terminal Phase II

SAL Saudi Logistics Services Co. signed Jan. 8, a contract with Contracting & Construction Enterprises Co. (CCE) to carry out the construction works for the development of the SAL terminal at King Abdulaziz International Airport (KAIA) in Jeddah, with a total value of SAR 233 million,...

More Details

Business & Money | Thursday 8 January, 2026 2:46 pm

Riyad Bank completes issuance of $1B T2 capital sustainable notes

Riyad Bank announced the completion of the issuance of USD-denominated, Tier 2 capital sustainable notes, with a total value of $1 billion, under its medium-term note (MTN) program.In a statement on Tadawul, the bank said the settlement of the notes is expected to take place on Jan....

More Details

Business & Money | Thursday 8 January, 2026 2:29 pm

Diriyah signs SAR 3.1B deal for Four Seasons hotel and residences

Diriyah Co. signed today, Jan. 8, a new joint development agreement with Midad Real Estate Co. to build the Four Seasons Hotel and Private Residences Diriyah. The total value of the project is $827 million (SAR 3.1 billion), including land acquisition and construction costs, the company said...

More Details

Business & Money | Thursday 8 January, 2026 1:32 pm

SABIC to sell Americas, Europe units; expects SAR 18.3B non-cash loss

In an effort to optimize its portfolio, Saudi Basic Industries Corp. (SABIC) said it is divesting 100% of the shares in SABIC Europe B.V., comprising its European petrochemicals business and assets, to AEQUITA—an established operator in European industrial sector.SABIC’s ownership in SABIC...

More Details

Business & Money | Wednesday 7 January, 2026 2:29 pm

2P renews, upsizes SAR 289M credit facilities with BSF

Perfect Presentation for Commercial Services Co. (2P) increased and renewed a Shariah-compliant credit facility deal worth SAR 289.19 million with Banque Saudi Fransi (BSF) according to a Tadawul statement. The financing is valid till Jan. 6, 2027, said the company, adding that the facility...

More Details

Business & Money | Tuesday 6 January, 2026 12:28 pm

NDMC raises $11.5B from 2.7x oversubscribed bond sale

Saudi Arabia’s National Debt Management Center (NDMC) said it has completed its first US dollar-denominated international bond issuance of 2026 under the Kingdom’s Global Medium-Term Note Issuance Program (GMTN), raising $11.5 billion. The center said total investor demand reached around...

More Details

Business & Money | Tuesday 6 January, 2026 8:00 am

Red Sea unit signs SAR 220M deal with Al Arab Hospital

Red Sea International Co.’s subsidiary, Fundamental Installation for Electric Work Co. Ltd. (First Fix), signed a contract with Al Arab Hospital Company Ltd. to execute works for the construction of a hospital project in South Obhur, Jeddah, valued at SAR 220 million (VAT exclusive). In a...

More Details