Business & Money | Monday 5 October, 2026 6:36 pm

Al Yamamah Steel signs SAR 135.65M steel tower contract

Al Yamamah Steel Industries Co. signed a contract with Algihaz Contracting Co. to supply steel towers for a project to construct a 380 kV extra-high-voltage transmission line in the Western Region, with a total value of SAR 135.65 million. According to the company’s statement on Tadawul,...

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Business & Money | Monday 5 October, 2026 6:30 pm

Aramco's Nasser sees Brent reaching $200 without East-West Pipeline

Brent crude prices could have reached $200 per barrel without Saudi Aramco’s East-West Pipeline, CEO Amin Nasser stated. Speaking at the Energy Intelligence Forum in London, Nasser noted that physical crude prices sometimes trade $20-$50 per barrel above the Brent benchmark. Chinese...

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Business & Money | Monday 5 October, 2026 6:26 pm

MIS receives HUMAIN work order worth over 135% of 2025 revenue

Al Moammar Information Systems Co. (MIS) received on Oct. 4 work order No. 2 from HUMAIN, at a total value exceeding 135% of the company’s gross revenue for 2025, according to a statement to Tadawul. MIS said the work order has an execution period of 16 months, with the relevant...

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Business & Money | Monday 5 October, 2026 6:21 pm

Diriyah awards 2 construction contracts worth SAR 2.7B

Diriyah Co. awarded two contracts to construct five luxury hotels and three branded serviced apartment projects in Diriyah Square, totaling SAR 2.729 billion. According to a company statement, the first contract, valued at SAR 1.32 billion, covers the construction of three hotels and two...

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Business & Money | Monday 5 October, 2026 1:26 pm

The Royal Institute of British Architects (RIBA) adapts global Plan of Work framework for Saudi Arabia for the first time

The Royal Institute of British Architects (RIBA) has launched the RIBA Plan of Work: Kingdom of Saudi Arabia Overlay, taking its internationally recognised project delivery framework and adapting for a single country outside the UK for the first time. Saudi Arabia's mega and giga-projects...

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Business & Money | Monday 5 October, 2026 10:23 am

ICD and EBL Close USD 10 Million Shariah-Compliant Term Finance Facility for Samuda Shipping Limited in Bangladesh

ICD has extended a USD 10 million, seven-year Shariah-compliant term finance facility to Samuda Shipping Limited (SSL), a concern of TK-Samuda Group, one of Bangladesh's largest conglomerates.Eastern Bank PLC (EBL) arranged the facility and serves as the Security Agent and Account Bank for the...

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Business & Money | Monday 5 October, 2026 9:41 am

GBB’s 20th Real Estate Development Summit Builds on Saudi’s Real Estate Momentum 11 - 12 November 2026

The Projects Are Moving. So Are the Decisions.  Saudi Arabia’s real estate landscape is moving decisively from ambition to delivery. Across the Kingdom, new destinations, residential communities, hospitality developments and mixed-use projects are taking shape at scale. From Riyadh ...

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Business & Money | Monday 5 October, 2026 2:08 am

SHARAKAT Announces Receipt of Five Competitive Bids for the Development of the Riyadh East ISTP Project

SHARAKAT is pleased to announce the receipt of five competitive bids for the development of the Riyadh East Independent Sewage Treatment Plant (ISTP) project in Riyadh. The bids were submitted by following Consortiums comprising both local and international companies, as follows: 1....

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Business & Money | Sunday 4 October, 2026 10:07 am

Future PropTech Summit 2026 Welcomes New Sponsors, Media Partners and Speaker Line-Up as Dubai Gears Up for Its Third Edition

With just over a month to go, the Future PropTech Summit 2026 (#FPS26) has announced a new wave of sponsors, media partners and industry supporters, along with a speaker line-up spanning property management, real estate, technology and digital innovation. Now in its third edition, the summit...

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Business & Money | Sunday 4 October, 2026 8:32 am

Private Label Middle East 2026 Fuels New Opportunities in Private Label and Contract Manufacturing

As retailers and brands look for new ways to strengthen margins, respond faster to consumer trends and differentiate their offerings, private label has evolved from a value-led alternative into a strategic growth driver across the FMCG industry. Bringing together manufacturers, retailers,...

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