Business & Money | Monday 22 December, 2025 8:43 am

Cherry Trading secures SAR 250M credit facilities with Alinma Bank

Cherry Trading Co. signed today, Dec. 21, a Shariah-compliant credit facility deal worth SAR 250 million with Alinma Bank, according to a Tadawul filing. The three-year financing is covered by a promissory note and the assignment of proceeds. The loan will be utilized to purchase new...

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Business & Money | Monday 22 December, 2025 8:01 am

Rawasi Albina signs MoU with Chinese firm to develop cabin manufacturing tech

Nomu-listed Rawasi Albina Investment Co. signed today, Dec. 21, a memorandum of understanding (MoU) with China-based Ningbo Spring System Integration Co. to strengthen cooperation in providing infrastructure business solutions across key sectors, including telecommunications, electricity, and...

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Tourism & Hospitality | Sunday 21 December, 2025 9:11 am

King Khalid International Airport resumes full operations

King Khalid International Airport (KKIA) in Riyadh stated it has fully resumed operations today, following coordination and follow-up with airlines and relevant authorities regarding the 200 flights canceled and rescheduled on Friday.   KKIA noted that it is working with all airlines ...

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Business & Money | Sunday 21 December, 2025 9:06 am

Dallah signs deal with Maharah subsidiary to buy stake in Care Shield for SAR 434.3M

Dallah Healthcare Co. signed an agreement on Dec 18 to acquire all shares held by Growth Avenues Investment Co., a subsidiary of Maharah Human Resources Co., in Care Shield Holding Co. (Kingdom Hospital and Consulting Clinics) for SAR 434.3 million. The deal covers 5.17...

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Technology & IT | Saturday 20 December, 2025 10:13 am

KSA ranks 2nd globally in Digital Regulatory Maturity Index 2025

The International Telecommunication Union (ITU) announced that Saudi Arabia ranked second globally in the Digital Regulatory Maturity Index 2025, placing just behind Germany among 193 countries. The Kingdom also maintained its position in the highest “Leading” category of the global...

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Business & Money | Saturday 20 December, 2025 10:09 am

Saudi Ceramics opens new showroom in Eastern Province

Saudi Ceramic Co. (Saudi Ceramics) opened a new showroom today, Dec. 18, in Al Hofuf, Eastern Province, to sell its ceramic and porcelain tiles, sanitaryware, and water heaters.   The company said in a statement to Tadawul that the relevant financial impact is expected to appear...

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Technology & IT | Saturday 20 December, 2025 10:05 am

Saudi Arabia ranks 2nd globally in World Bank’s GTMI

Saudi Arabia ranked second worldwide in the 2025 Government Technology Maturity Index (GTMI) issued by the World Bank Group, out of an assessment covering 197 countries.   According to a statement from the Digital Government Authority, the Kingdom outperformed across all...

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Tourism & Hospitality | Friday 19 December, 2025 7:23 pm

Rose Rayhaan by Rotana Celebrates Major End-of-Year Triumphs with Prestigious Industry Recognitions

Rose Rayhaan by Rotana, one of Dubai’s most iconic hospitality landmarks, has announced a series of major achievements throughout 2025, underscoring its leadership in the luxury hospitality sector. The hotel, located on Sheikh Zayed Road, has garnered new acclaim for both the property itself and...

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Technology & IT | Friday 19 December, 2025 12:54 am

HONOR Unveils HONOR Magic8 Pro In Saudi Arabia With A Flagship Launch Event At The Arena

 HONOR, a global leading AI device ecosystem company, officially introduced the HONOR Magic8 Pro to the Saudi market during a landmark launch event at The Arena Riyadh Venue for Exhibitions. The occasion saw strong media attendance and brought together a distinguished audience of around 1,000...

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Business & Money | Friday 19 December, 2025 12:35 am

Frost & Sullivan’s 2025 Radar™ for AI-Powered CX & Media Intelligence Platforms Names Lucidya the Top Performer in Both Growth and Innovation Across MENA

Frost & Sullivan has published its 2025 Frost Radar™: AI-Powered CX & Media Intelligence Platforms, MENA, placing Lucidya at the very top of the Radar™ as the highest-scoring company across both the Growth Index and the Innovation Index. The study benchmarked leading providers,...

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