Business & Money | Monday 9 November, 2026 4:38 pm

Madinah airport expansion slated for Oct. 2027 completion: GACA President

The General Authority for Civil Aviation (GACA) President Abdulaziz Al-Duailej said the ongoing expansion project at Madinah Airport would increase its capacity to 18 million passengers upon completion in October 2027. Speaking at the Hajj Conference and Exhibition, Al-Duailej added that the...

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Business & Money | Sunday 8 November, 2026 5:54 pm

Automechanika Riyadh postponed to 21-23 June 2027

Messe Frankfurt Saudi Arabia has announced that Automechanika Riyadh, the country’s leading trade exhibition for the automotive aftermarket, will now take place 21-23 June 2027 at Riyadh Front Exhibition & Conference Center (RFECC). The postponement follows a review of recent...

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Business & Money | Sunday 8 November, 2026 5:40 pm

ADES wins SAR 439.6M contracts for 2 offshore rigs in India

ADES Holding Co. won contracts from Oil and Natural Gas Corporation Limited (ONGC) to operate two standard jack-up offshore rigs (Key Singapore and Admarine 10) in India. In a statement to Tadawul, the company said each rig has a confirmed contract term of three years, with the total value of...

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Business & Money | Sunday 8 November, 2026 5:38 pm

Arabian Drilling raises 2026 capex forecast to SAR 750–800M

Arabian Drilling Co.’s CFO Farid Mustafayev said the company has raised its 2026 capital expenditure forecast to SAR 750–800 million, compared with its previous estimate of SAR 700 million. The increase is mainly intended to support the accelerated commissioning of rigs and their...

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Business & Money | Thursday 5 November, 2026 11:16 am

Cityscape Bahrain 2026 | Interview with Alexander Heuff - Group Director, Cityscape

 1. Cityscape Bahrain returns for its fifth edition this month. How has the exhibition evolved over the years, and what can visitors expect from this year's event? Over the past five editions, Cityscape Bahrain has continued to evolve alongside the Kingdom’s real estate sector,...

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Business & Money | Wednesday 4 November, 2026 7:05 pm

Saudi Arabia regulates real estate transactions on white lands

The Ministry of Municipalities and Housing has approved new rules and procedures to regulate real estate transactions on lands subject to white land fees, including conditions for restricting title transfers under specific terms. The new measures will help regulate real estate dealings,...

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Business & Money | Monday 2 November, 2026 2:59 pm

MOMAH: 90,840 Saudi families relocate to 1st homes in 9M 2026

Saudi Arabia’s Ministry of Municipalities and Housing (MOMAH) announced that around 90,840 Saudi families moved into their first homes in the first nine months of 2026, the Saudi Press Agency (SPA) reported. The ministry said the total number of families benefiting from housing support...

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Business & Money | Monday 2 November, 2026 1:01 pm

Saudi Arabia launches Khobar Downtown project

Prince Saud bin Naif bin Abdulaziz, Governor of Eastern Province, witnessed today, Nov. 1, the launch of the Khobar Downtown project, developed by Saudi Downtown Co. (SDC), a subsidiary of the Public Investment Fund (PIF). This was in the presence of Prince Saud bin Bandar bin Abdulaziz,...

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Business & Money | Monday 2 November, 2026 1:00 pm

Kingdom Holding: Jeddah Tower reaches 120th floor

Kingdom Holding Co. (KHC) said Jeddah Tower has reached the 120th floor, with a height of approximately 482 meters. More than 322,000 cubic meters of concrete have been poured, representing around 72% of the total targeted volume, the company said in its financial results statement. More...

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Business & Money | Sunday 1 November, 2026 12:02 pm

NWC Completes Water Networks in Al-Qoz, Al-Qunfudhah

The National Water Company (NWC) announced the completion of a water network project at Al-Qoz Center in Al-Qunfudhah Governorate of Makkah region, at a cost exceeding 55 million Saudi Riyals. The project is part of the company’s plans to strengthen the water sector’s infrastructure and...

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