24 Safar 1448 - 9 August 2026
    
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Eye of Riyadh

IGIC 2026 Prepares to Unite MENA's Geotechnical Engineering Community for Its Most Ambitious Edition Yet
Environment & Energy | Tuesday 28 July, 2026 9:20 am
The 3rd Annual International Geotechnical Innovation Conference (IGIC 2026) is advancing towards its most expansive edition to date, with preparations well underway for what is set to be the most significant gathering of geotechnical engineering expertise in the MENA region this year.Building on...
Over 34,000 building permits issued during H1 2026: MOMAH
Business & Money | Monday 27 July, 2026 3:06 pm
The Ministry of Municipalities and Housing (MOMAH) issued more than 34,000 building permits across Saudi Arabia’s various regions during the period from January through the end of June 2026, according to the Saudi Press Agency (SPA). Residential permits accounted for the largest share of the ...
Housing Ministry: 63,000 Saudi families become homeowners in H1 2026
Business & Money | Sunday 26 July, 2026 4:38 pm
More than 63,070 Saudi families moved into their first homes in the first half of 2026, including about 12,000 in June, the Ministry of Municipalities and Housing said. In a statement, the ministry said about 48,630 Saudi families benefited from the Sakani housing program during the six-month...
KEC’s Al Alyaa project contracted sales exceed SAR 520 mln
Business & Money | Thursday 23 July, 2026 2:21 pm
Knowledge Economic City Co. (KEC) said contracted sales at its Al Alyaa residential project exceeded SAR 520 million, as the mixed-use development within its masterplan in Madinah continues to attract demand, according to a statement to Tadawul.The company also said residential unit reservations by ...
Authentica: Saudi Leadership in Digital Identity Security and Enhanced User Experience through Innovative OTP and Authentication Solutions
Business & Money | Wednesday 22 July, 2026 3:18 pm
In light of the accelerating digital transformation witnessed by the Kingdom of Saudi Arabia, in line with the ambitious goals of Vision 2030, the need for advanced and reliable digital security solutions has become an imperative for businesses and institutions of all sizes. From the heart of this...
Accor and Saleh Abdulaziz Al Rajhi to Launch ibis Makkah as Demand Evolves Beyond Traditional Peaks
Business & Money | Thursday 16 July, 2026 8:00 am
Accor, a world-leading hospitality group, and Saleh Abdulaziz Al Rajhi & Partners, one of the largest real estate players in Saudi Arabia, are excited to announce the launch of ibis Makkah Al Maabdah, a new-build 518-key hotel being developed just 3 km from the Holy Mosque in Makkah’s...
AWPT awarded SAR 101.3M contract with NWC
Business & Money | Wednesday 15 July, 2026 6:59 am
Alkhorayef Water and Power Technologies Co. (AWPT) announced today, July 14, the award of a SAR 101.32 million contract, excluding VAT, with National Water Co. (NWC) to operate and maintain water and sewage networks in Al Khobar. The company will execute the operations and maintenance works...
National Water Company Constructs and Operates 5 Water Reservoirs in Riyadh at SR +128m
Business & Money | Tuesday 14 July, 2026 8:00 am
The National Water Company (NWC) announced the completion of a project to construct five water reservoirs in western Riyadh, as part of the second phase of the strategic water plan for the capital, Riyadh, at a total cost exceeding 128 million Saudi Riyals. The company explained that the...
SHL renews SAR 1.82B facilities with ANB
Business & Money | Tuesday 14 July, 2026 8:00 am
SHL Finance Co. renewed today, July 13, a Shariah-compliant credit facilities agreement with Arab National Bank (ANB), a related party, with a total value of SAR 1.82 billion. In a statement to Tadawul, the company said the financing has a term of five years, noting that a promissory note and...
Riyadh Development adopts CFA Institute's GIPs
Business & Money | Tuesday 14 July, 2026 6:29 am
Riyadh Development Co. (ARDCO) announced that it has adopted the Global Investment Performance Standards (GIPS) for Asset Owners, issued by the CFA Institute, according to a Tadawul statement. In addition, the company completed an independent verification of its investment performance policies ...
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