Business & Money | Tuesday 2 December, 2025 8:15 am

SMC to establish Al Wadi Real Estate Fund

Specialized Medical Co. (SMC) announced its intention to establish Al Wadi Real Estate Fund, a close-ended, Shariah-compliant real estate investment fund. The company said in a statement on Tadawul that, as part of the fund’s structure, it will contribute a company-owned land plot as an...

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Business & Money | Tuesday 2 December, 2025 8:14 am

SABIC to commence production at Fujian project in H2 2026: CEO

Abdulrahman Al-Fageeh, CEO of Saudi Basic Industries Corp. (SABIC), said that production at the Fujian project in China will begin in the second half of 2026. In statements to Al Arabiya Business, the top executive added that the project’s completion rate reached 87% by the end of Q3...

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Business & Money | Monday 1 December, 2025 11:50 am

NWC completes Jeddah South water projects and starts accepting customer requests

Represented by the Western Cluster, the National Water Company (NWC) announced the completion of the South Jeddah water projects through the implementation of three capital projects for the water sector. These projects include a network exceeding 250,000 meters and main lines exceeding 16,500...

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Business & Money | Monday 1 December, 2025 8:42 am

Batic subsidiary repays SAR 100M Al Rajhi Bank loan

Batic Investments and Logistics Co.’s wholly owned subsidiary, Batic Real Estate Co., completed on Nov. 30 the repayment of Shariah-compliant credit facilities with Al Rajhi Bank, totaling SAR 100 million. In a Tadawul statement, the company pointed out that the repayment was funded from its ...

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Business & Money | Sunday 30 November, 2025 6:50 pm

Women in Aviation (WIA) General Assembly in Riyadh during Global Airports Forum (GAF)

The Middle East chapter of the Women in Aviation General Assembly (WIA), the world’s largest non-profit aviation and aerospace organization, will hold its General Assembly during the 4th   Global Airports Forum (GAF) in Riyadh on December 16. The highly anticipated gathering comes...

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Business & Money | Sunday 30 November, 2025 11:09 am

Knowledge Economic City Showcases Its Vision for Smart Urban Living and Lifestyle at Cityscape Global 2025 in Riyadh

In a step that underscores its national ambitions and forward-looking approach, Knowledge Economic City (KEC) will present its comprehensive roadmap toward a sustainable urban future at Cityscape Global 2025, taking place in Riyadh from November 17 to 20. Through its participation, KEC aims to...

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Business & Money | Friday 28 November, 2025 1:22 pm

Opening Nomu to new investor categories to boost liquidity, spur trading: Elkuwaiz

Mohammed Elkuwaiz, Chairman of the Capital Market Authority (CMA), said that the regulator’s decision to allow new categories of qualified investors to enter the Nomu-Parallel Market is expected to provide more resilience in the market without compromising the integrity of trading...

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Business & Money | Friday 28 November, 2025 1:18 pm

SERA introduces consumer protection framework

Saudi Electricity Regulatory Authority (SERA) launched today, Nov. 27, its new consumer protection framework, in an event attended by Minister of Energy Prince Abdulaziz bin Salman. According to a statement published on the authority’s X account, SERA Governor Abdullah Al Bishi said the...

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Business & Money | Thursday 27 November, 2025 10:07 am

Misk Art Institute Signs Three Strategic Partnerships at Misk Global Forum 2025 in Riyadh

Misk Art Institute, a subsidiary of the Mohammed bin Salman Foundation “Misk,” has announced three strategic partnerships to drive cultural engagement and academic exchange. The agreements were signed during the Misk Global Forum 2025 (MGF25) held in Riyadh on November 19-20 under the theme...

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Business & Money | Wednesday 26 November, 2025 8:00 am

Changes to sugar-based excise tax for sweetened drinks to take effect early 2026: Minister

Minister of Industry and Mineral Resources Bander Al-Khorayef revealed that the new tax policy on sugar for beverages will be implemented starting January 1, 2026, noting that the matter was one of the most prominent concerns brought up by industry players in recent periods and has now been...

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