Al-Jouf Agricultural Development Co. said work is underway on its solar power purchase project with French energy company ENGIE, with completion now expected in Q3 2027. The company said in a Tadawul statement that the delay is due to ongoing contractual, regulatory, and technical procedures...
Saudi Minister of Finance, Mohammed Al-Jadaan, affirmed that the 2027 budget estimates must be viewed in light of a global economic environment characterized by continued uncertainty and the acceleration of geopolitical developments. The Kingdom continues to manage its public finances...
The events schedule in Saudi Arabia is expanding at a rate that is hard for most markets to equal. Riyadh Season has drawn in over 20 million visitors within one year, and conferences and exhibitions are now held continuously throughout the country for most of the year. As part of Vision 2030,...
Grova Developments, the real estate development arm of Hassan Allam Holding, has appointed Hassan Allam Construction to deliver Grova Westfields in West Cairo under a contract valued at USD 1 billion. Building on the success of Grova EastHills in East Cairo which saw Phase One fully sold out, Grova ...
Saudi Arabia’s Ministry of Finance released its preliminary 2027 budget estimates, projecting revenue of SAR 1.20 trillion and expenditure of SAR 1.39 trillion, with a deficit of SAR 190 billion. Actual Revenues & Expenditure of Saudi Arabia's Budget...
HRH Prince Abdulaziz bin Salman bin Abdulaziz to open flagship energy congress at Riyadh RFECC; five-day programme will tackle energy security, global markets, AI, investment and the future of energy. In less than a month, the 25th WPC Energy Congress will begin, bringing energy ministers,...
Middle East Specialized Cables Co. (MESC) signed an agreement with Al Rajhi Bank to renew Shariah-compliant banking facilities worth SAR 150 million, the company said in a statement to Tadawul on Sept. 30. MESC said the financing is secured by a promissory note worth SAR 153.46 million and the ...
Reflecting the company’s ongoing dedication to excellence in occupational health and safety across its operations, Alfanar Projects announced the milestone of 5+ Million Safe Man-Hours at the Saudi Entertainment Venture’s (SEVEN) Jazan Entertainment Complex project. Following this...
The Middle East Council of Shopping Centres & Retailers (MECSR) will bring together the region's leading retail, shopping centre and real estate professionals for Retail Congress MENA 2026, taking place October 5–6 at The Ritz-Carlton, DIFC, Dubai. Held under the theme "Level Up:...
Student accommodation and senior living concepts are key to shaping the GCC’s real estate sector over the next decade, according to leading real estate advisory and property consultancy, Cavendish Maxwell. These and other concepts like serviced living, co-living, private clubs, shared...