ROSHN Group, wholly owned by the Public Investment Fund (PIF), signed a SAR 2 billion Shariah-compliant credit facility agreement with Saudi Narional Bank (SNB). According to ROSHN’s statement, as reported by the Saudi Press Agency (SPA), the seven-year agreement aims to finance the...
Saudi Real Estate Co. (Al Akaria) announced the sale of two land plots in Madinah and Riyadh for SAR 85.64 million, excluding real estate transaction tax and brokerage fees. In a statement to Tadawul, the company said that Madinah’s land in Al AlHarra Al Sharqiyah District, with a total ...
alrajhi bank has officially signed a strategic partnership agreement with Salla Platform Company, enabling Salla merchants to integrate the “mokafaa” loyalty program. This collaboration will allow consumers to earn and redeem loyalty points across more than 60,000 online stores on Salla,...
Al Moammar Information Systems Co. (MIS) was awarded by the Saudi Data & AI Authority (SDAIA) the Naqaa Data Center expansion project, according to a statement to Tadawul. The total value of the project is SAR 227.8 million including VAT. The project entails expanding the Naqaa...
Ras Al Khaimah Economic Zone (RAKEZ) successfully launched the first event of its Growth Series 2025, “AI on a Budget: Affordable Tools and Smart Automation for Small Businesses,” attracting a diverse group of entrepreneurs eager to harness the power of Artificial Intelligence (AI) without...
Alinma Bank has launched its new identity, marking a significant phase of innovation, development, and leadership in customer service. This milestone reflects the success of the bank’s 2025 strategy, strengthening its position in the Kingdom’s financial sector, contributing to community...
Foreign operators of private on-demand flights will be allowed to transport passengers within the Kingdom starting May 1, the General Authority of Civil Aviation (GACA) said today, Feb. 4, on its X account. The authority is working to open new opportunities for the global aviation industry...
Etihad Etisalat (Mobily) announced today, the successful landing of the Africa-1 submarine cable in Duba, Saudi Arabia. In a company statement received by Argaam, Mobily said the advanced submarine cable, distinguished by its high capacity of 96 terabits per second and exceptional speed...
Saudi Parts Center Co. (SPC) announced a contract with Almarai Co. to allocate and reserve truck spare parts. The total contract value is SAR 2.57 million, covering the period from Feb. 1, 2025, to Jan. 31, 2026. According to a Tadawul statement, the contract involves inventory management for...
Al Ashghal Al Moysra Co. signed a SAR 17.7 million contract with the General Secretariat of the National Risk Council to provide maintenance, operation and cleaning services for the headquarters of the General Secretariat and its affiliated centers. In a statement to Tadawul, the company said...
