(“GIB Saudi Arabia”) has successfully priced a USD 500 million Additional Tier 1 (AT1) bond under its USD 1.5 billion AT1 Capital Note Programme. The proceeds will be used to strengthen the Bank’s capital base, diversify its funding sources, and advance its strategic objectives in...
The Ministry of Municipalities and Housing (MOMAH) clarified the mechanism for granting financial rewards to whistleblowers of violations of the municipal penalties' regulation. This is part of MOMAH’s integrated regulatory framework that is aimed at empowering the local municipal sector,...
As AI becomes more mainstream, optimism and confidence in the GCC are notably higher than global averages, according to Boston Consulting Group's (BCG) latest "From Pilots to Progress: AI at Work in the GCC" study. The survey reveals that in 2025, the region ranked 2nd globally in AI...
Saudi Aramco’s performance in Q3 2025 once again showcased its ability to adapt to new market realities, President and CEO Amin Nasser said. Nasser explained that Aramco worked to boost production at a minimal additional cost while maintaining reliable supplies of oil, gas, and related...
ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, has launched a new release of The Garden Collection villas in the fully integrated SEDRA community in North Riyadh. The announcement also marks the inauguration of The Garden...
As the world faces unprecedented water scarcity, with more than 2 billion people lacking access to safe drinking water and global demand expected to exceed supply by 40% by 2030, Saudi Arabia will host one of the world’s most influential gatherings dedicated to water innovation and...
Arabian Contracting Services Co. (Al Arabia) signed a contract, on Oct. 30, with the Royal Commission for AlUla (RCU) to establish, operate, and maintain outdoor advertising billboards in AlUla. The company will also invest in specific sites in AlUla to establish various advertising...
Saudia, the national flag carrier of Saudi Arabia, has been named “Best Cabin Crew in the World” at the Business Traveller Awards 2025, held in London. The recognition marks a milestone achievement for Saudia and follows last year’s win for the same award at the Business Traveller U.S. 2024...
The Saudi Esports Federation is proud to celebrate a monumental moment for Saudi women in sport, following Tala Almazrou’s historic gold medal win in eFootball at the 3rd Asian Youth Games 2025 in Bahrain. Almazrou’s victory is an unprecedented achievement, etching her name in history as...
In a pioneering move to accelerate digital transformation in the healthcare sector, the Saudi Ministry of Health (MoH) today announced a strategic partnership with Lean Business Services. This collaboration will deploy Google Cloud’s cutting-edge generative AI solutions across the national...