Business & Money | Monday 10 March, 2025 11:16 am

CMCER signs SAR 22.8M contract with Ministry of National Guard

Canadian Medical Center Co. (CMCER) received on March 9 a contract with the Ministry of National Guard Health Affairs, valued at SAR 22.82 million (VAT inclusive). In a statement to Tadawul, the company pointed out that the one-year agreement aims to supply medical...

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Business & Money | Monday 10 March, 2025 11:10 am

WiSER Calls for Accelerated Action to Invest in Female Entrepreneurs Driving the Global Sustainable Economy

Women in Sustainability, Environment, and Renewable Energy (WiSER) - a global platform founded by Masdar and the Zayed Sustainability Prize to champion women as leaders of sustainable change - today launched its latest White Paper, Igniting a Global Sustainable Economy. Its release coincides...

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Business & Money | Monday 10 March, 2025 11:09 am

NWC announces the completion of sewage lines in Al-Arid district of Riyadh at SR +33m

The National Water Company (NWC), represented by its Central Cluster, announced the completion of the implementation of sewage lines in Al-Arid district, north of Riyadh, at a total cost of more than 33 million Saudi Riyals. This is part of NWC’s ongoing efforts to implement its strategic plans...

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Business & Money | Sunday 9 March, 2025 8:00 am

Saudi Arabia submits Expo 2030 registration dossier to BIE

Saudi Arabia officially submitted the registration dossier for World Expo 2030 Riyadh to the Bureau International des Expositions (BIE), marking a significant milestone in the Kingdom’s preparations to host the global event, according to the Saudi Press Agency.The dossier, a crucial requirement...

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Business & Money | Sunday 9 March, 2025 8:00 am

King Salman, Crown Prince donate SAR 70M to National Campaign for Charitable Work

King Salman bin Abdulaziz and Crown Prince Mohammed bin Salman donated SAR 40 million and SAR 30 million, respectively to the fifth edition of the National Campaign for Charitable Work through the Ehsan platform. The donation builds on the leadership's continuous support for...

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Business & Money | Sunday 9 March, 2025 8:00 am

MAWANI launches expansion of container terminal at Jeddah Port with SAR 3B investments

The Saudi Ports Authority (MAWANI), in collaboration with DP World, launched expansion and development works for the Southern Container Terminal at Jeddah Islamic Port. This initiative aims to boost operational capabilities and increase the port’s handling capacity, with an investment value of...

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Business & Money | Sunday 9 March, 2025 8:00 am

Raoom pens SAR 100M credit facility deal with Bank AlJazira

Raoom Trading Co. signed today, March 6, a Shariah-compliant credit facility agreement worth SAR 100 million with Bank AlJazira, according to a filing to Tadawul. The facility, available until Dec. 31, 2025, is guaranteed by a promissory note. The deal aims to support the...

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Business & Money | Sunday 9 March, 2025 8:00 am

Saudi German Health inks 3 contracts with Al-Sobh New Medical

Middle East Healthcare Co. (Saudi German Health) signed today, March 6, three contracts with Al-Sobh New Medical Co., according to a statement to Tadawul. The first contract permits the usage of Saudi German Hospital trademark and brand name at Al-Sobh New Medical Co.’s Sobhi Abdul Jalil...

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Business & Money | Sunday 9 March, 2025 8:00 am

Red Sea says phase 2 of staff camp project not to be activated

Red Sea International Co. received a letter from Webuild SpA, the contractor for the project to build a staff camp serving the Trojena Dam project at NEOM, related to the latter’s decision to not activate the project’s second phase as the initial phase should suffice. As a result, the...

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Business & Money | Sunday 9 March, 2025 8:00 am

Commercial registration services paused ahead of 2 new systems launch

The Ministry of Commerce announced a seven-day suspension of commercial registration and trade name system services, effective today, March 27. The services will resume in a fully updated format on April 3, coinciding with the implementation of the two new systems. In a statement on X,...

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