Business & Money | Tuesday 1 September, 2026 12:07 pm

MIS secures SAR 301.2M purchase orders from MOMAH

Al Moammar Information Systems Co. (MIS) received two purchase orders from the Ministry of Municipalities and Housing (MOMAH) worth SAR 301.2 million, including VAT, on Aug. 31, 2026. The company said in a statement to Tadawul that the purchase orders are for providing information systems ...

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Business & Money | Tuesday 1 September, 2026 11:37 am

Co-located with Big 5 Construct Saudi, Saudi Wood Expo opens in Riyadh, bringing together the international wood and woodworking industry for three high-impact days

Saudi Wood Expo kicked off its 3rd edition, co-located with Big 5 Construct Saudi, at Riyadh Front Exhibition & Conference Center on Sunday, gathering a strong community of wood and woodworking professionals from across Saudi Arabia and international markets.  The opening day saw...

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Business & Money | Tuesday 1 September, 2026 10:29 am

HUMAIN Partners with DataVolt to Jointly Develop 100MW of a 360MW AI Data Center Project in NEOM

HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities globally, and DataVolt, a Saudi-based developer and operator of sustainable digital infrastructure, today announced at LEAP an expanded partnership to develop 100MW of the 360MW AI-ready data center at Oxagon,the...

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Business & Money | Tuesday 1 September, 2026 10:26 am

Making Every Trade Count: Why XM Arabia’s Trader Club Matters

Choosing a trading broker is about more than accessing the markets. Traders should also consider the value they receive from the relationship over time. A strong loyalty program can add another layer of value by rewarding clients for the trading activity they already carry out. That’s the...

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Business & Money | Monday 31 August, 2026 7:32 pm

Under the patronage of the Ministry of Industry and Mineral Resources, Big 5 Construct Saudi opens in Riyadh

Under the patronage of the Ministry of Industry and Mineral Resources, Big 5 Construct Saudi kicked off at Riyadh Front Exhibition & Conference Center. The exhibition was inaugurated by Eng. Fawaz bin Badr Al Shora, Deputy Minister of Industry and Mineral Resources for Industrial Services...

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Business & Money | Monday 31 August, 2026 1:00 pm

AMD and HUMAIN Launch “AI In a Box” to Increase AI Accessibility for Saudi Arabia-based Enterprises

AMD (NASDAQ: AMD) and HUMAIN, a PIF company delivering global full-stack AI solutions, launched a new “AI in a Box” solution for enterprise users across Saudi Arabia. The turnkey solution for entry-level use-cases brings accessible AI compute to organizations across industries including oil and ...

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Business & Money | Monday 31 August, 2026 12:16 pm

Alistithmar Capital Announces the Launch of a Real Estate Fund with Ezdihar Real Estate Development Company to Develop the Jeddah Cove Project

Investment Securities and Brokerage Company "Alistithmar Capital", the investment arm of the Saudi Investment Bank, announced the launch of a real estate fund investing in the commercial sector. The project is located in Jeddah, stretching one kilometer along the Jeddah Corniche, on a 140,000...

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Business & Money | Monday 31 August, 2026 11:35 am

Al-Futtaim Contracting launches Facilities Management and Fire & Life Safety operations at Big 5 Construct Saudi

Al-Futtaim Contracting has announced the launch of its Facilities Management and Fire & Life Safety operations in Saudi Arabia at Big 5 Construct Saudi, strengthening its specialist capabilities in the Kingdom. The launch brings together Al-Futtaim Facilities Management, the company’s...

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Business & Money | Monday 31 August, 2026 10:37 am

IsDB Institute and MBSC Celebrate Graduation of Strategic Business Leadership Program Participants

Jeddah, Kingdom of Saudi Arabia - The Islamic Development Bank Institute (IsDBI) and Prince Mohammed Bin Salman College of Business & Entrepreneurship (MBSC) celebrated the graduation of the participants of the Strategic Business Leadership Program, recognizing 30 leaders from 15 IsDB Member...

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Business & Money | Monday 31 August, 2026 8:59 am

Does The DTAA Matter If Saudi Arabia Does Not Tax Your Salary Anyway?

If you're working in Riyadh or Jeddah and watching your full salary land in your account with nothing withheld for income tax, it's a fair question to ask whether the India Saudi Arabia Double Taxation Avoidance Agreement (DTAA) has anything to do with you at all. No tax taken there, so what...

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