Business & Money | Thursday 1 October, 2026 8:00 am

Al-Jouf Agricultural expects ENGIE solar project completion in Q3 2027

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...

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Business & Money | Thursday 1 October, 2026 8:00 am

Saudi 2027 budget estimates reflect continued global uncertainty: Al-Jadaan

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...

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Business & Money | Thursday 1 October, 2026 3:46 am

Why Protecting Security Personnel Matters as Saudi Arabia Builds a World-Class Events Industry

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,...

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Business & Money | Wednesday 30 September, 2026 7:42 pm

Grova Developments Awards Hassan Allam Construction USD 1 Billion Contract to Deliver Grova Westfields in West Cairo

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 ...

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Business & Money | Wednesday 30 September, 2026 7:39 pm

Saudi Arabia estimates 2027 revenue at SAR 1.20T, spending at SAR 1.39T

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...

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Business & Money | Wednesday 30 September, 2026 5:35 pm

Riyadh Takes Center Stage as Global Energy Heavyweights Gather for the 25th WPC Energy Congress

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,...

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Business & Money | Wednesday 30 September, 2026 5:22 pm

MESC renews SAR 150M banking facilities with Al Rajhi Bank

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 ...

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Business & Money | Wednesday 30 September, 2026 1:23 pm

Alfanar Projects Announces 5+ Million Safe Man-Hours at SEVEN’s Jazan Entertainment Complex Project

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...

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Business & Money | Wednesday 30 September, 2026 10:41 am

Retail Congress MENA 2026 to bring the Region’s Retail leaders to Dubai this October

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:...

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Business & Money | Wednesday 30 September, 2026 10:39 am

Student accommodation and senior living among key assets shaping GCC’s future real estate market – Cavendish Maxwell

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...

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