Inmar Co. for Real Estate Development and Investment received, on Jan. 1, a number of invoices for white land fees totaling SAR 21.2 million, relating to lands located within the geographic zones designated for the application of the third phase of the 2026 cycle of the White Land and Vacant...
Minister of Finance and Chairman of the National Debt Management Center, Mohammed Al-Jadaan, approved the annual borrowing plan for the fiscal year 2026, following its endorsement by the center. According to a statement by the center, the plan outlines key developments in public debt during...
Dr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care) and its subsidiaries signed an agreement on Jan. 1 with Oloof Development Co., a wholly owned subsidiary of Jazan Municipality, to lease a strategic land plot in Jazan City. The 34,581-square-meter site will be used to develop an...
Scientific and Medical Equipment House Co. (Equipment House) said it was awarded on Jan. 1, 2026, a project valued at SAR 260.98 million (including VAT) by the Ministry of Human Resources and Social Development (HRSD), according to a statement to Tadawul. The scope of the project includes ...
Dubai’s Roads and Transport Authority (RTA) announced that 60 percent of Oud Maitha Road and Al Asayel Street Development Project has been completed as part of the Sheikh Rashid Corridor Development Project. The project enhances connectivity between Al Asayel Street and Al Khail Road via Al Wasl...
Riyadh Cement Co. signed today, Jan. 1, a contract with Chengdu Design & Research Institute’s branch for the conversion to natural gas under the Liquid Fuel Displacement Program, on an engineering, procurement, and construction (EPC) contract basis. In a Tadawul statement,...
Saudi Aramco Base Oil Co. (Luberef) said it signed a memorandum of understanding with Saudi Aramcoto explore potential cooperation on developing a base oil production facility at the Jazan Refinery and Petrochemical Complex. Under the MoU, the parties will assess the feasibility of ...
Wafrah for Industry and Development Co. said its new spaghetti and nested nidi pasta production lines will start commercial operations in January 2026. In a statement to Tadawul, the company said the delay in receiving and operating the lines was due to delays in the delivery of...
The Public Investment Fund (PIF) ranked fifth among the world’s largest sovereign wealth funds (SWFs), after its net assets amounted to $1.15 trillion, recent data from the SWF Institute showed. PIF's assets rose by $226 billion from $925 billion by the end of December...
Asas Makeen Development and Investment Co. announced receiving three idle land tax invoices totaling SAR 1.65 million today, Jan. 1, pertaining to land plots located within the designated geographic zones of the White Land Fees System. These amounts have been recorded as...
