Business & Money | Thursday 9 October, 2025 8:00 am

MOMAH OKs exec rules for municipal violations penalties

Saudi Arabia’s Ministry of Municipalities and Housing (MOMAH) approved the updated Executive Rules for the Regulations of Municipal Violations Penalties, in an attempt to boost compliance efficiency across the Kingdom's cities. The new rules provide a unified regulatory framework for the...

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Business & Money | Thursday 9 October, 2025 8:00 am

KONE Partners with Jeddah Tower to Elevate the Kingdom’s Vision of Global Excellence

KONE Corporation proudly announces its appointment as the vertical mobility partner for the world’s tallest-building-to-be, Jeddah Tower, in the Kingdom of Saudi Arabia. This partnership underscores KONE’s expertise and long-standing commitment to supporting the Kingdom’s vision for urban...

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Business & Money | Wednesday 8 October, 2025 8:30 am

REGA plans expanding rent freeze across Saudi Arabia: Official

The Real Estate General Authority (REGA) plans to carry out studies on expanding the implementation of the regulations with regard to freezing rent increase to encompass all regions across the Kingdom for five years, said Taiseer Al Mofarej, REGA's Director General of Strategic Communication and...

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Business & Money | Tuesday 7 October, 2025 3:31 pm

SAL inks land lease deal for SAR 4.2B logistics hub in Riyadh

SAL Saudi Logistics Services Co. signed today, Oct. 7, the final (sub usufruct) agreement with Sela Co. to lease a land plot in Falcon City, north of Riyadh, covering a total area of 1.57 million square meters (sqm) - an increase of 12,220 sqm from the preliminary agreement. In a...

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Business & Money | Monday 6 October, 2025 3:28 pm

PIF plans EUR-denominated green bond issuance: Report

Saudi Arabia’s Public Investment Fund (PIF) plans to issue EUR-denominated green bonds in two tranches, Reuters reported, citing International Financing Review (IFR). The sovereign wealth fund appointed Crédit Agricole, JPMorgan, and Société Générale as joint global coordinators for the ...

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Business & Money | Monday 6 October, 2025 3:12 pm

Azure Agrees Landmark Sponsorship with Riyadh Season 2025

Azure, a Mohammed Al Habib company, is proud to announce its landmark sponsorship of Riyadh Season 2025. This milestone marks a significant step in bringing Azure’s name and values to the forefront of the city’s most high-profile entertainment event, underscoring Azure’s commitment to the...

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Business & Money | Monday 6 October, 2025 2:51 pm

Saudi German Health strengthens relationship with Mayo Clinic, becoming the largest group of Mayo Clinic Care Network members in the region

Saudi German Health (SGH), one of the region’s leading healthcare providers and a pioneer in advancing medical excellence across the Middle East and Africa, announced today a major expansion of its relationship with Mayo Clinic. This move aims to transfer the latest global medical expertise to...

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Business & Money | Thursday 2 October, 2025 3:20 pm

Accor signs master development agreement with Al Qimmah Hospitality, a subsidiary of BinDawood Investment Company, to develop a portfolio of more than 3,000 keys in Saudi Arabia

 Accor, a world-leading hospitality group and the largest hotel operator in the Kingdom of Saudi Arabia, has signed a master development agreement with BinDawood Investment, through its dedicated hospitality arm Al Qimmah, to develop and manage a portfolio of over 3,000 keys across Saudi...

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Business & Money | Thursday 2 October, 2025 3:13 pm

Saudi Arabia’s Minister of Tourism advances global workforce agenda at WTTC Global Summit, unveiling joint “Future of Work” report

 The Saudi Ministry of Tourism has successfully concluded a dynamic program at the World Travel & Tourism Council (WTTC) 25th Global Summit in Rome. The summit brought together global leaders, policymakers, and industry experts to chart the future of global tourism, with Saudi Arabia...

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Business & Money | Thursday 2 October, 2025 2:54 pm

RIKAZ Breaks Ground on Visionary “Khuzama Hills” – 600,000 SqM Development Transforms Aseer Region into Premier Investment Destination

 RIKAZ, Saudi Arabia's leading real estate developer, today unveiled Khuzama Hills, a game-changing 600,000+ square meter residential and investment destination poised to redefine urban living in the Aseer region. This landmark project signals a new era of development excellence, positioning...

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