Business & Money | Thursday 18 December, 2025 8:48 am

Fakeeh Care enters SAR 97.3 million land lease deal with Madinah Municipality

Dr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care) signed on Dec. 17, a 50-year agreement with the Madinah Municipality to lease a 12,301 square meter land plot in a strategic location in Madinah, according to a statement to Tadawul. The land plot will be leased for the construction and ...

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Environment & Energy | Thursday 18 December, 2025 8:47 am

Maaden gets Energy Ministry nod on feedstock allocation for Phosphate 4 project

Saudi Arabian Mining Co. (Maaden) received on Dec. 16 the Ministry of Energy’s approval for the allocation of the necessary feedstock for the implementation of its “Phosphate 4” project, according to a Tadawul filing.   The project is expected to produce approximately 1.1...

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Government | Thursday 18 December, 2025 8:42 am

Saudi Cabinet scraps expat levy for licensed industrial facilities

The Saudi Cabinet, chaired by Crown Prince and Prime Minister Mohammed bin Salman, approved the abolition of fees imposed on expatriate labor in licensed industrial facilities, based on a recommendation submitted by the Council of Economic and Development Affairs (CEDA).   According...

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Government | Thursday 18 December, 2025 8:41 am

RCRC declares results of Tawazoun platform land draw

The Royal Commission for Riyadh City (RCRC) announced today the results of the electronic draw for purchasing residential land through the Real Estate Balance Platform (Tawazoun), following the completion of all procedures related to verifying applicants’ eligibility and reviewing objections...

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Business & Money | Thursday 18 December, 2025 8:02 am

Social Development Bank Gears Up to Launch “DeveGo 2025,” the Region’s Premier Entrepreneurship and Innovation Forum

The Social Development Bank (SDB) has announced its readiness to launch the second edition of the Entrepreneurship and Modern Business Practices Forum, “DeveGo 2025,” which will take place at the King Abdulaziz International Conference Center in Riyadh, from 21 to 23 December, under the...

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Business & Money | Wednesday 17 December, 2025 12:17 pm

United Mining starts commercial production for gypsum board project

Nomu-listed United Mining Industries Co. announced the start of commercial production for its gypsum board production line project. According to a statement to Tadawul, the financial impact of the project’s commercial production is expected to begin in Q1 2026. According to Argaam data, ...

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Technology & IT | Wednesday 17 December, 2025 11:39 am

stc Group signs five-year Master Frame Agreement with Ericsson to advance Saudi Arabia’s digital infrastructure

stc Group, a leading digital enabler in Saudi Arabia, has signed a new five-year Master Frame Agreement (MFA) with Ericsson (NASDAQ: ERIC) to accelerate the delivery of advanced digital infrastructure and boost technology adoption across the Kingdom of Saudi Arabia. Through the agreement stc...

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Business & Money | Wednesday 17 December, 2025 11:26 am

The company completed water networks in Mahayel Asir at SR 95m to serve 49,000 people

The National Water Company (NWC) has completed implementation of water networks project in Mahayel Asir Governorate, which cost SR 95 million, to serve several governorate districts. This project is part of the company's efforts to improve operational efficiency in the water sector, expand coverage ...

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Business & Money | Wednesday 17 December, 2025 11:20 am

Al-Falih: Supporting Saudi investors a top priority

Saudi investors are a cornerstone of the Kingdom’s investment ecosystem and form the foundation on which various investment initiatives and programs are built, Minister of Investment Khalid Al-Falih said during a meeting with investors at the Al Jouf Chamber, according to the Saudi Press Agency...

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Business & Money | Tuesday 16 December, 2025 12:51 pm

Building Tomorrow, Today: The Transformative Power of Innovation in Human-Centric Development

By Yassen Kattan, Chief Strategy and Corporate Affairs Officer, ROSHN GroupSaudi Arabia is undertaking one of the most ambitious transformations in modern history. Guided by Vision 2030, we are not simply expanding our cities, we are shaping a new futuredefined by economic resilience, environmental ...

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