Business & Money | Wednesday 19 March, 2025 10:30 am

Jana appoints Afaq Capital for subsidiaries listing on Nomu

Jana Medical Co. signed an agreement with Afaq Capital to serve as financial advisor for the planned listing of its fully owned subsidiaries, Excellent Medical Care Co. and Excellent Medical Care Co., on Nomu-Parallel Market. In a statement on Tadawul, Jana said the listing process will unfold ...

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Business & Money | Wednesday 19 March, 2025 10:16 am

GAC seeks public input on draft to enhance competition in food delivery platforms sector

The General Authority for Competition (GAC) invited public input on the draft guideline to enhance competition in the food delivery platforms sector through the Istitlaa platform, with voting set to close on April 12. The project aims to regulate the activities of food delivery platforms in...

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Business & Money | Tuesday 18 March, 2025 11:09 am

Al Sagr starts corrective plan to lift suspension on compulsory motor insurance product

Al Sagr Cooperative Insurance Co. said it initiated the necessary procedures to obtain approval from the relevant regulatory and supervisory authorities to resume sales of the compulsory third-party motor insurance product. In a statement to Tadawul, the company reaffirmed its full commitment...

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Business & Money | Tuesday 18 March, 2025 11:07 am

Almarai says acquisition of Hammoudeh Food Industries falls through

Almarai Co. said that its planned acquisition of Jordan-based Hammoudeh Food Industries Co. did not materialize due to factors beyond its control, as the seller was unable to meet certain conditions required to complete the transaction. In a statement to Tadawul, Almarai reaffirmed its...

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Business & Money | Tuesday 18 March, 2025 10:45 am

Elm shareholders OK acquisition of PIF’s equity in Thiqah

Elm Co.’s shareholders approved the authorization of an indirect interest for board members Raed Ismail and Abdullah Al-Salem in the transactions and contracts concluded between Elm and the Public Investment Fund (PIF), according to a statement to Tadawul. The approval came during the...

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Business & Money | Monday 17 March, 2025 10:09 am

National Building says major shareholder to transfer 2M shares to subsidiary

National Building and Marketing Co. (NBM) said that Fahad Al Thunayan, who owns 64.61% of the company’s shares, will transfer two million shares to the investment portfolio of Ethraa Holding Co., a closed joint stock company. The restructure will involve...

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Business & Money | Monday 17 March, 2025 10:06 am

Sure wins SAR 11.5M contract from NCNP

Sure Global Tech Co. was awarded on March 16 a VAT-inclusive contract valued at SAR 11.5 million by the National Center for Non-Profit Sector (NCNP). In a statement to Tadawul, Sure said the project will last one year. The company will set a developmental and operational service ...

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Business & Money | Monday 17 March, 2025 9:36 am

NWC: March 15 deadline to verify water meters before additional services are discontinued

The National Water Company (NWC) stressed the need to verify water meters through its digital channels before March 15, 2025. NWC indicated that failure to verify information will result in the suspension of additional services such as requests and reports raising, up to the suspension of water...

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Business & Money | Sunday 16 March, 2025 12:44 pm

Future Hospitality Summit (FHS) Saudi Arabia.. Pre-event Feature: Voices of Female Leaders in Hospitality

In celebration of International Women’s Day this month, we shine a spotlight on female leaders in the hospitality industry in Saudi Arabia. With Vision 2030 as a driving force, the Kingdom has unlocked unprecedented opportunities for women to lead, innovate, and shape the future of tourism and...

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Business & Money | Sunday 16 March, 2025 12:33 pm

Armah inks contract to set up 2 clubs for SAR 51.5M

Armah Sports Co. signed a contract with Gulf Architects for Contracting Co. (GAC) to establish two sports clubs for women and men at a total value of SAR 51.5 million. In a statement to Tadawul, the company said that the contract is valid for 14 months from the signing date, and the...

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