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Saudi Arabia to focus on water resilience

At Stormwater and Wastewater Conference The second edition of the Stormwater and Wastewater Conference will be held on June 23-24, 2025, at the Jeddah Hilton. The event is expected to bring together government officials, engineers and international experts as Saudi Arabia prepares to tackle mounting infrastructure pressures caused by rapid urbanisation and the growing
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His Excellency Dr. Rumaih bin Mohammed AL-Rumaih, Vice Minister of Transport and Logistics Services inaugurates second edition of Saudi Warehousing & Logistics Expo in Riyadh

His Excellency Dr. Rumaih bin Mohammed AL-Rumaih, Vice Minister of Transport and Logistics Services, officially inaugurated the second edition of the Saudi Warehousing & Logistics Expo at the Riyadh International Convention & Exhibition Center. In his opening remarks, His Excellency emphasized that the Kingdom is witnessing a transformative leap in the logistics
Business

Alec achieves 29% YoY growth in 2024

Boosted by subsidiaries and Saudi rollout Alec Engineering and Contracting ( Alec), one of the largest construction firms in the Middle East region, achieved 29% year-on-year (YoY) revenue growth in 2024, driven by strong performance from its subsidiaries and the company’s expansion into Saudi Arabia from neighbouring UAE. This solid growth also coincided with a […]
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Saudi Real Estate Refinance Company (SRC) Completes Pricing

The Saudi Real Estate Refinance Company (SRC), a PIF Company, has successfully completed the pricing of its first government-guaranteed international Sukuk, valued at USD 2 billion. The issuance, structured in two tranches with maturities of three and ten years, was oversubscribed 6 times, reflecting strong demand from more than 300 institutional investors. This Sukuk is
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International Contracting Conference (ICC) at Big 5 Construct Saudi paves the way for innovation and collaboration

Saudi Arabia’s construction industry is rapidly evolving, fueled by technological advancements, strategies in large-scale projects, policy reforms and sustainability. Returning once again at Big 5 Construct Saudi, the International Contracting Conference (ICC), organized by the Saudi Contractors Authority (SCA) and dmg events and taking place on 15-16 February, will host
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Healthcare London welcomes three prestigious new partners to expand world-class healthcare services for Saudi & wider GCC patients

Healthcare London, a collaborative network of leading private healthcare providers and NHS teaching hospitals, proudly announces new partnerships with three renowned clinics and hospital groups: Proton International London, The London Psychiatry Clinic, and Priory. These partnerships mark a significant step in strengthening Healthcare London’s ability to serve
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Gulf Markets Dip on Fed Rate Worries; Qatar and Saudi Gain as Oil Rises, Gold Surges Amid Geopolitical Uncertainty – APM Capital Market Report

GCC market Most stock markets in the Gulf ended lower on Monday, hurt by concerns that the U.S. Federal Reserve would slow its pace of interest-rate cuts, while the Qatar and Saudi indices rose amid higher oil prices. Dubai’s benchmark stock index slipped 0.6%, weighed down by losses in utilities, consumer staples and industry sectors. […]
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Saudi-based Alinma Bank and Dell Technologies Collaborate to Enhance Financial Services Innovation through Data Center Transformation

Dell Technologies and Alinma Bank today signed a Memorandum of Understanding (MoU) to accelerate the Saudi-based bank’s digital transformation initiatives. The MoU signed during the 24 Fintech Summit in Riyadh by Mohammed Talaat, VP, KSA & Egypt at Dell Technologies and Yaser Alofi, Chief Information Officer (CIO) at Alinma bank marks a significant step forward in
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Embraer welcomes H.R.H Prince Fahad Bin Mansour Bin Nasser Bin Abdulaziz Al-Saud, The Head of the Saudi Startup20 Delegation powered by NEOM

H.R.H Prince Fahad bin Mansour bin Nasser bin Abdulaziz Al-Saud, The Head of the Saudi Startup20 Delegation Powered by NEOM, was warmly greeted on Friday at Embraer’s headquarters in São José dos Campos, Brazil, during the saudi delegation Startup ecosystem tour. The visit focused on groundbreaking innovations in the area of aviation, urban air mobility, […]