Business & Money | Monday 7 September, 2026 8:00 am

SIMAH Launches Its Second Tier 4 Data Center at LEAP and Announces its Readiness for the Next Era of Intelligence and Innovation

The Saudi Credit Information Company (SIMAH) announced , during its participation at LEAP, the launch of its second Tier 4 data center, certified by the global Uptime Institute, making a significant step in strengthening its technological readiness for the next stage in the evolution of the credit...

More Details

Business & Money | Monday 7 September, 2026 8:00 am

Umm Al Qura for Development and Construction strengthens relations with international investors at select shanghai 2026

Umm Al Qura for Development & Construction, the owner, developer, and operator of MASAR Destination, participated in CMF Select Shanghai 2026, a two-day forum organized by Saudi Tadawul Group at the Shanghai Stock Exchange. MASAR Destination participated as Partner Sponsor of the forum, as part ...

More Details

Business & Money | Monday 7 September, 2026 8:00 am

Energy Ministry, MODON sign MoU to establish natural gas compression plant in Dammam

The Ministry of Energy signed a memorandum of understanding (MoU) with the Saudi Authority for Industrial Cities and Technology Zones (MODON) on Sept. 6 to establish a natural gas compression and tanker distribution plant at the Third Industrial City in Dammam. The ministry was represented by...

More Details

Business & Money | Sunday 6 September, 2026 8:00 am

KAFD Selects IBM Maximo to Support Smart Asset Management and Innovation

 IBM today announced that King Abdullah Financial District (KAFD), Riyadh’s premier business and lifestyle destination, is leveraging IBM Maximo Application Suite to strengthen enterprise asset management across one of the Kingdom’s most ambitious smart city developments, helping enhance...

More Details

Business & Money | Sunday 6 September, 2026 8:00 am

NWC Signs 2 MoUs and Announces 2 Agreements at “LEEP 2026” Conference

The National Water Company (NWC) signed two memoranda of understanding (MoUs) and announced concluding two strategic agreements during the “LEEP 2026” conference, hosted in the capital city of Riyadh from August 31 to September 3, 2026. These partnerships aim to accelerate digital...

More Details

Business & Money | Sunday 6 September, 2026 8:00 am

AMD, Cisco and HUMAIN Expand Saudi Arabia’s AI Infrastructure as AMD Instinct Systems Go Live

 AMD (NASDAQ: AMD), Cisco (NASDAQ: CSCO) and HUMAIN, a PIF company delivering full-stack AI solutions, today announced that AMD Instinct MI355X GPU-based AI infrastructure built on Cisco Silicon One-based AI networking is now live in Saudi Arabia and serving HUMAIN customers in the Kingdom and ...

More Details

Business & Money | Sunday 6 September, 2026 8:00 am

stc group Concludes LEAP 2026 Participation with Strategic Partnerships to Accelerate Saudi Arabia’s Digital Future

STC group, Saudi Arabia's leading digital enabler, concluded another successful year at LEAP 2026, marking its fifth consecutive participation as strategic partner of the world's leading technology gathering with the signing of a series of strategic partnerships and announcements. Olayan...

More Details

Business & Money | Thursday 3 September, 2026 1:51 pm

NWC Concludes a Contract to Rehabilitate, Operate, and Maintain 9 STPs in 4 Regions at SR +1.3 billion

Today, September 1st, 2026, the National Water Company (NWC) signed the tenth package of long-term operation and maintenance contracts (LTOMs) with a Saudi-Chinese consortium for the rehabilitation, operation, and maintenance of 9 environmental treatment plants (STPs) for a period of 15 years in 4...

More Details

Business & Money | Thursday 3 September, 2026 1:48 pm

stc group Powers its Venture Ecosystem with the Launch of colab

stc group launches ‘colab’ as a dedicated innovation and corporate venture building company at LEAP 2026.Riyadh, Saudi Arabia, September 2, 2026: stc group, Saudi Arabia’s leading digital enabler, has announced the launch of colab, its innovation and corporate venture-building arm, at LEAP...

More Details

Business & Money | Thursday 3 September, 2026 1:46 pm

SAIB to sell entire stake in American Express Saudi Arabia for SAR 1.43B

The Saudi Investment Bank (SAIB) has signed an agreement with American Express Middle East to sell its entire 50% stake in American Express Saudi Arabia for SAR 1.43 billion ($381.36 million), in addition to a deferred purchase consideration, in accordance with the shareholders’ agreement between ...

More Details