Business & Money | Wednesday 26 August, 2026 3:40 pm

Microsoft, Humain partner on long-term AI strategy

Humain, a PIF-owned company specializing in artificial intelligence, announced the first milestones of its long-term strategic collaboration with Microsoft. According to a press release seen by Argaam, the initial phase of the collaboration will focus on two key areas: making Humain’s ALLAM...

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Business & Money | Tuesday 25 August, 2026 12:58 pm

Aramco signs $3.7B deals with French companies

Saudi Aramco signed agreements and a memorandum of understanding (MoU) with French companies, with a potential total value exceeding $3.7 billion (approximately SAR 13.8 billion). The agreements, signed by Saudi Aramco and Aramco Digital during the French-Saudi Investment Roundtable, was...

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Business & Money | Tuesday 25 August, 2026 12:00 pm

Qiddiya signs €6B deal to develop 3 entertainment cities in France

Saudi Arabia’s Qiddiya Investment Co. signed an agreement to develop three entertainment cities in France, with investments estimated at around €6 billion (approximately SAR 26 billion). The deal signing came on the sidelines of the Saudi Crown Prince’s visit to France. The...

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Business & Money | Tuesday 25 August, 2026 12:00 pm

MIS signs contract with HUMAIN at over 30% of 2025 topline

Al Moammar Information Systems Co. (MIS) signed today, Aug. 25, a contract today with PIF-owned HUMAIN, at a value exceeding 30% of its total revenues for 2025 (VAT inclusive), according to a Tadawul statement. The company said the five-year contract covers data center hosting services,...

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Business & Money | Tuesday 25 August, 2026 12:00 pm

Diriyah project on schedule, within budget: CEO

Jerry Inzerillo, CEO of Diriyah Co., stated that despite the ongoing geopolitical developments, not a single day of work has been lost and that the Diriyah project is still on track and within budget. Speaking to Al Ekhbariya in Paris on the sidelines of Crown Prince Mohammed bin Salman’s...

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Business & Money | Tuesday 25 August, 2026 12:00 pm

RSGT signs SAR 1.6B deal to develop, operate fourth terminal at Jeddah Port

The Saudi Ports Authority (Mawani) announced the signing of an agreement between Red Sea Gateway Terminal (RSGT) and French shipping group CMA CGM to develop and operate the fourth container terminal at Jeddah Islamic Port, with an investment of approximately SAR 1.6 billion. The agreement was ...

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Business & Money | Tuesday 25 August, 2026 12:00 pm

Acwa, KOWEPO sign MoU to explore renewable energy grabs in Uzbekistan

Acwa entered into a memorandum of understanding with Korea Western Power Co. Ltd. (KOWEPO) to explore potential opportunities in Uzbekistan’s renewable energy market. The MoU was signed today, Aug. 25, in Uzbekistan’s capital Tashkent, according to a statement. The agreement...

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Business & Money | Tuesday 25 August, 2026 12:00 pm

Cabinet’s white land fees decision protects state rights, development: Minister

Minister of Municipalities and Housing Majid Al-Hogail confirmed that the Cabinet’s decision to bar the documentation of property title transfers for land subject to the White Land and Vacant Properties Fees Law without verifying prior fee settlement is key to safeguarding the state’s rights to ...

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Business & Money | Tuesday 25 August, 2026 9:56 am

XM Offers Unique Precious Metals Trading Conditions in KSA with Gold, Silver and the New GOLD24-7

August 2026 – Precious metals have long held a distinctive place in global financial markets, responding to some of the world’s most closely watched economic events. For traders in Saudi Arabia, following the gold and silver markets, while looking at access, execution conditions and flexibility ...

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Business & Money | Monday 24 August, 2026 9:11 am

SEREDO 2026 countdown begins as Jeddah prepares to host major real estate gathering

 The countdown has begun for the fifth edition of SEREDO 2026, which will take place at Jeddah Superdome from Sept. 6-8, bringing together more than 50 government and private-sector exhibitors alongside leading real estate developers, financiers and industry experts. Held under the...

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