Tourism & Hospitality | Thursday 18 December, 2025 10:53 am

Tourism Development Fund Celebrates Winning Projects from Grow Tourism Hackathons & Bootcamps, Highlighting Innovation as a Catalyst for Sector Growth

The Tourism Development Fund (TDF), the national enabler of Saudi Arabia’s tourism sector, has concluded the final ceremony of the Grow Tourism Hackathons & Bootcamps, organized by “TDF Grow,” the Fund’s non-financial enablement arm. The event was held in the presence of the program’s ...

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Government | Thursday 18 December, 2025 8:45 am

Cancelling expat levy boosts Saudi industry’s global position: Alkhorayef

The decision to abolish the financial levy imposed on expatriate workers in industrial facilities will enhance the global competitiveness of Saudi industry and expand the reach and penetration of non-oil exports across international markets, said Bandar Alkhorayef, Minister of Industry and Mineral...

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Business & Money | Thursday 18 December, 2025 8:43 am

Umm Al Qura for Development, Electromin launch first electric BRT network at Masar Destination in Makkah

Umm Al Qura for Development & Construction Co., owner and developer of Masar Destination in Makkah, in collaboration with Electromin, a provider of smart mobility and clean energy solutions, launched today the first electric transit network of its kind across Saudi Arabia and the Middle East,...

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Business & Money | Wednesday 17 December, 2025 11:40 am

GARBE Industrial and ARTAR Set up Strategic Joint Venture for Logistics Real Estate Developments in Saudi Arabia

GARBE Industrial, one of the leading developers, providers and managers of logistics and light industrial real estate in Germany and Europe, and ARTAR, a leading real estate developer in the Kingdom of Saudi Arabia have signed a memorandum of understanding to establish a landmark joint venture. The ...

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Business & Money | Wednesday 17 December, 2025 10:34 am

REGA detains 25 developers for unlicensed off-plan sales

Saudi Arabia’s Real Estate General Authority (REGA) detected several violations related to unlicensed off-plan property sales in Riyadh, Jeddah and Makkah.   Its inspection teams detained 25 developers who are engaged in selling off-plan real estate units and collecting buyer...

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Business & Money | Wednesday 17 December, 2025 9:52 am

Elm ups stake in Sahl Almadar Trading

Elm Co. today signed an agreement to increase its stake in Sahl Almadar Trading Co., the owner of the Madar Digital Platform.  Madar is an advanced digital platform that connects shippers and carriers and provides unified solutions for managing logistics operations, according to the...

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Business & Money | Wednesday 17 December, 2025 9:26 am

AlUla Development appoints John Pagano as Managing Director

AlUla Development Co. (UDC), a Public Investment Fund company, appointed John Pagano as Managing Director, according to a statement to Tadawul. Pagano assumes charge from Fabien Toscano, who successfully led UDC through its early growth phase. Under his leadership, UDC signed several landmark...

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Business & Money | Tuesday 16 December, 2025 9:29 am

Cenomi Retail shareholders to vote on name change on Jan. 5

Fawaz Abdulaziz Alhokair Co.’s (Cenomi Retail) shareholders will vote on amending a number of articles of the company’s bylaws, including changing the company’s name to AFG International during the extraordinary general meeting slated for Jan. 5, 2026.   According to a...

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Business & Money | Tuesday 16 December, 2025 9:15 am

Saudi Arabia ranks 10th among G20 countries on UHC Index

Saudi Arabia has achieved progress in the Universal Health Coverage (UHC) Index, as its coverage score rose from 74 points to 83 points, recording a jump of 9 points, showed the results of the 2025 report issued by the World Health Organization and the World Bank Group.   The Kingdom ...

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Government | Monday 15 December, 2025 9:16 am

Violations schedule regulating landlord, tenant relationship approved

The Official Gazette published the classification schedule of violations related to regulatory provisions governing the relationship between landlord and tenant, which was approved by the Council of Ministers. ...

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