Business & Money | Thursday 23 October, 2025 12:40 pm

SISCO Holding’s GDI signs SPA to acquire Transcorp International for SAR 229.75M

Sustained Infrastructure Holding Co. (SISCO Holding) said its portfolio company, Green Dome Investments (GDI), signed a share purchase agreement (SPA) to acquire 100% of Transcorp International for AED 225 million (SAR 229.75 million). SISCO holds a 31.67% stake in GDI, the company said in a...

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Business & Money | Wednesday 22 October, 2025 1:22 pm

TDF Concludes Second Edition of the “Grow Tourism Accelerator” with 17 Startups Showcasing Innovation

The Tourism Development Fund (TDF), Saudi Arabia’s national enabler of the tourism sector, has concluded the Grow Tourism Accelerator – Second Cohort Demo Day in Riyadh. Organized by (TDF Grow), the Fund’s non-financial enablement arm, the event was held under the sponsorship of the Arab...

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Business & Money | Wednesday 22 October, 2025 1:18 pm

Soudah Development and FII Institute Forge Partnership to Advance Strategic Investments

 Soudah Development – a Public Investment Fund (PIF) company spearheading the transformation of Soudah and parts of Rijal Almaa into a world-class luxury mountain tourism destination in the Aseer region – has announced today a strategic partnership with the Future Investment Initiative...

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Business & Money | Tuesday 21 October, 2025 9:50 am

SMC signs SAR 99M lease for Riyadh outpatient clinics center

Specialized Medical Co. (SMC) signed a SAR 98.99 million lease agreement, excluding VAT, with Asas Althbat Co. to rent its first outpatient clinic center in Riyadh, it said in a statement on Tadawul. The 15-year lease covers a building located on Prince Mohammed bin Saad bin Abdulaziz...

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Business & Money | Tuesday 21 October, 2025 9:48 am

Creativity Takes Centre Stage as Global Industry Leaders Gather in Riyadh for Athar Festival 2025

 Athar – Saudi Festival of Creativity, the Kingdom’s largest gathering of the creative marketing industry, returns to Riyadh from 21-22 October at JAX District’s Diriyah Biennale Foundation for its third edition. This celebration of all things creative and cutting-edge promises to be the ...

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Beauty & Style | Tuesday 21 October, 2025 9:45 am

“SV by Saudia” Makes Its Debut at Riyadh Fashion Week

Saudia, the national flag carrier of Saudi Arabia, has unveiled its new premium ready-to-wear and lifestyle brand, “SV by Saudia”, during an exclusive runway show held on the rooftop of the Kingdom Center Tower, marking one of the culminating highlights of Riyadh Fashion Week.  Taking ...

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Business & Money | Monday 20 October, 2025 10:47 am

MOMAH updates controls for sidewalk occupancy permits

The Ministry of Municipalities and Housing (MOMAH) issued the updated requirements for obtaining a sidewalk occupancy permit, aimed at improving the quality of the urban landscape and regulating the use of sidewalks. The new regulations include site, technical, and operational requirements,...

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Business & Money | Monday 20 October, 2025 10:42 am

Amiantit signs MoU with SAR to develop railway infrastructure

Saudi Arabian Amiantit Co. signed on Oct. 19 a memorandum of understanding (MoU) with Saudi Arabia Railways (SAR) during the Saudi International Railways Conference and Exhibition held in Riyadh. The MoU aims to enhance mutual cooperation in the development of railway infrastructure across the...

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Business & Money | Sunday 19 October, 2025 2:43 pm

Almajed Oud executes SAR 200M Islamic facility agreement with Al Rajhi Bank

Almajed Oud Co. activated on Oct. 16 a Shariah-compliant credit facility agreement inked with Al Rajhi Banking & Investment Corporation for SAR 200 million, according to a statement to Tadawul. The 12-month, renewable deal is guaranteed by a forward-sale agreement and a promissory...

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Business & Money | Sunday 19 October, 2025 12:44 pm

ALMARAI, SHAHID & MMS REDEFINE BRAND STORYTELLING WITH MULTIDIMENSIONAL CONTENT INTEGRATION

In a groundbreaking demonstration of how brands can seamlessly live across multiple layers of content, Almarai, in partnership with Shahid and MBC Media Solutions (MMS), redefined brand integration with a multidimensional strategy— evolving for the first time ever from simple product placement to ...

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