Mohammed AlShammasi, CEO of Derayah Financial, expects D360 Bank, in which the company held a 20.4% stake as of March 31, 2026, to reach financial breakeven in Q4 2027. aIn an interview…
RIYADH, Saudi Arabia, 9 November 2026: The National Infrastructure Fund (Infra) and HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities globally, today announced the signing of two financing agreements totaling up…
Riyadh: The Saudi Organization for Chartered and Professional Accountants (SOCPA) has launched a specialised professional certificate in Zakat and Income Tax. The certificate is part of SOCPA’s work to develop professional qualifications,…
Jeddah: On behalf of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and under his patronage, HRH Prince Saud bin Mishaal bin Abdulaziz, Deputy Governor of Makkah…
Alandalus Property Co. has a strong financial position and healthy cash flows that enable it to maintain regular cash dividend distributions and finance its projects, CEO Faisal Alnasser said. In an interview…
Al Sagr Cooperative Insurance Co. received today, Nov. 8, an award from Nasser Saeed Al-Hajri & Partners Contracting Co. (NSH) to renew a medical insurance policy covering the company’s employees and their…
Zahrat Al Waha for Trading Co. signed today, Nov. 8, a Shariah-compliant credit facilities agreement worth SAR 50 million with Al Rajhi Bank. In a statement to Tadawul, the company said the financing…
The cement market in Saudi Arabia slipped 3.2% year-on-year (YoY) in Q3 2026, amid lower demand from key sectors, including infrastructure, housing and real estate development projects, Riyadh Cement CEO Shoeil Al Ayed told Argaam in a statement.…
Jeddah, October 08, 2026, SPA -- Jeddah will host the sixth edition of the Hajj Conference and Exhibition from November 08 to 11, 2026. The event is organized by the Ministry of…
Reportage Saudi Arabia Expands Its Riyadh Presence with SAR 1.1 Billion in Investments Reportage Saudi Arabia is strengthening its presence in Riyadh with investments totalling SAR 1.1 billion. It continues to expand…
