Business & Money | Tuesday 16 December, 2025 9:50 am

Riyadh Air and Huawei Sign an MoU to Advance Digital Capabilities for a New Future of Air Travel

 Riyadh Air and Huawei have signed a Memorandum of Understanding (MoU) which brings together the former’s global growth vision and the latter’s technological expertise to elevate how guests discover, book and experience travel with the Kingdom’s new national carrier.  The...

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Business & Money | Tuesday 16 December, 2025 9:48 am

Saudi Arabia Railways and Dedicated Housing Company Launch a Hospitality-Inspired Residential Community Aligned with Transit-Oriented Development in Al Malaz, Riyadh

 In a strategic move to support the evolution of Riyadh’s urban landscape, Saudi Arabia Railways (SAR) has entered into a partnership with Dedicated Housing Company (DHC) to develop a hospitality-inspired residential community adjacent to the East Network railway station and the metro in Al...

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Business & Money | Tuesday 16 December, 2025 9:25 am

Mastercard achieves its first Guinness World Records™ title in Saudi Arabia with its “Priceless Dribble” campaign

Mastercard has achieved a Guinness World Records™ title for the Most nationalities passing a football with its “Priceless Dribble” campaign in the Saudi capital Riyadh that has become a symbol of unity in the Kingdom. As Saudi Arabia gears up to becoming a global hub for sports events, people ...

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Business & Money | Monday 15 December, 2025 9:25 am

Alkhorayef Water awarded SAR 57.3M contract by NWC in Hafer Al-Batin

Alkhorayef Water and Power Technologies Co. (AWPT) was awarded a contract on Dec. 11 by the National Water Co. (NWC) at a value of SAR 57.28 million (excluding VAT).   Under the 36-month contract, AWPT will perform the operation and maintenance of water and wastewater networks in...

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Sports | Monday 15 December, 2025 9:21 am

Prince Alwaleed to acquire Al Hilal FC for SAR 7.5B: Report

The acquisition of Al Hilal Club by Prince Alwaleed bin Talal bin Abdulaziz, Chairman of Kingdom Holding Co., has reached final stages, with an announcement expected before the end of December, sources familiar with the matter said. According to Asharq Al-Awsat newspaper,...

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Business & Money | Monday 15 December, 2025 9:12 am

SAL inks integrated logistics deal with AFC Cup 2027 Organizing Committee

SAL Saudi Logistics Services Co., through its logistics division, signed a framework agreement on Dec. 14 with the Local Organizing Committee for the AFC Asian Cup 2027 to provide integrated logistics and supply chain solutions for related events and activities. In a statement to Tadawul, the...

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Business & Money | Sunday 14 December, 2025 7:49 am

Under the patronage of the Deputy Governor of the Makkah Region and in the gracious presence of the Governor of Jeddah, Souq7 is inaugurated in the Kingdom as the largest open-air retail and entertainment destination.

Under the patronage of His Royal Highness Prince Saud bin Mishaal bin Abdulaziz Al Saud, and honoured by the presence of His Highness Prince Saud bin Abdullah bin Jalawi, Governor of Jeddah, Souq7 officially opened its doors on Wednesday, December 10, 2025 (19 Jumada Al-Akhirah 1447H), marking a...

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Business & Money | Sunday 14 December, 2025 7:20 am

Residential property prices mixed in Q3 2025: JLL

JLL said that growth in Saudi residential property prices has slowed and, in some cases, declined following a period of strong expansion, particularly in the capital, Riyadh.   In a report, JLL noted that other markets recorded strong demand accompanied by continued price increases,...

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Technology & IT | Sunday 14 December, 2025 7:17 am

Trump signs executive order to block state-level AI

US President Donald Trump signed an executive order to block state-level artificial intelligence (AI) regulations, aiming to establish unified federal standards and giving the Department of Justice authority to penalize states that impose rules deemed restrictive for the...

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Business & Money | Sunday 14 December, 2025 7:15 am

Saudi Arabia issues 95 new industrial licenses in October

Saudi Arabia’s Ministry of Industry and Mineral Resources issued 95 new industrial licenses in October, while 81 factories began production during the same month. The newly licensed projects represent investments exceeding SAR 2.4 billion and are expected to create more than 942 jobs across...

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