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18/09/2025

Today, Moyasar, a Saudi fintech company licensed by the Central Bank of Saudi Arabia (SAMA), and MoneyHash, the first and foremost payment orchestration platform in the Middle East and Africa, announced a strategic partnership aimed at enhancing cooperation in Saudi Arabia's rapidly expanding digital economy.

Using Strategic Alliances to Promote Innovation

The two businesses' dedication to collaborating to develop financial technology and support the Kingdom's ambition for digital transformation and innovative payments is shown in this cooperation.

17/09/2025

Experts from King Fahd International Airport (KFIA) will discuss preventative measures to protect travellers, airport infrastructure, and operations during Intersec Saudi Arabia.
Global leaders and the National Fire Prevention Association (NFPA) will emphasise how fire safety regulations help realise Vision 2030.
The Riyadh International Convention and Exhibition Centre (RICEC) will host the seventh edition of Intersec Saudi Arabia from September 29 to October 1.

Saudi Arabia's Riyadh: The Fire Protection and Technology Summit at Intersec Saudi Arabia, which will be held at the Riyadh International Convention and Exhibition Centre (RICEC) from September 29 to October 1, will focus on fire safety in airports, one of the most complicated and high-stakes settings.

16/09/2025

Saudi National Bank has granted Saudi Pharmaceutical Industries and Medical Appliances Corp. (SPIMACO) a short-term loan of SAR 200 million ($53.3 million).

The pharmaceutical company announced on Monday that the nine-month Shariah-compliant loan facility will assist it in financing its operations, including the acquisition of raw materials.

In the second quarter of this year, the company's net profit increased from SAR 18.1 million to SAR 36 million, almost doubling. Over the same time period, revenues increased by 7.3% to SAR 400.8 million.

15/09/2025

provides local Saudi Arabian retailers with access to CyberSource for fraud control, payment processing, and other services.
promotes the digital economic objectives of Saudi Vision 2030 and accepts Mada Card payments.
Saudi Arabia's Riyadh: In accordance with the Saudi Central Bank's "SAMA" mandate, Visa, a global leader in digital payments, today announced that the Visa Acceptance Platform is now housed on local cloud in Saudi Arabia. This is the first time Visa has ever implemented this feature globally.

Through a single integration, Saudi companies will be able to take payments on CyberSource, a Visa Acceptance Platform solution, more quickly and securely.

14/09/2025

The land bank in Riyadh that complies with the most recent White Land tax standards has been made available by Saudi Real Estate Company (Al Akaria).

The corporation owns 10.48 million square meters (sqm) of land in Riyadh, of which 487,840 square meters, or 4.65% of the total, are subject to White Land tax laws.

346,280 sqm of land are in tier 4 (lowest priority at 2.5 percent), whereas 141,560 sqm of land are in tier 1 (highest priority at 10 percent), which contains multiple projects that are now under development.

11/09/2025

Demand for Saudi Aramco's five- and 10-year Islamic bonds was strong; each orderbook had more than $8 billion ahead of its pricing.

With a coupon rate of 4.125% and a yield of 4.278% at 70 basis points (bps) over US Treasuries, the five-year $1.5 billion sukuk was priced at 99.318.

The price of the 10-year, $1.5 billion Islamic bond was 99.389, and it had a yield of 4.830% at 80 basis points above US Treasuries and a coupon rate of 4.625%.

09/09/2025

RIYADH — The legal framework that permits capital market institutions licensed for "arranging" operations to issue debt instruments in the sukuk and debt market through securities crowdfunding platforms has been approved by the board of the Capital Market Authority (CMA).

The framework is one of the activities that can be carried out under the licence to practise securities business in arranging, and it comes after the testing period, which started in the second quarter of 2021.

Additionally, the CMA authorised changes to the Capital Market Institutions Regulations, the Rules for Special Purposes Entities, and the Rules on the Offer of Securities and Continuing Obligations. These changes will take effect on the date of publication.

08/09/2025

With possible investments of up to 900 billion Egyptian pounds, Saudi and Emirati partners have agreed to build a significant tourism project on the Red Sea with Egypt-listed real estate firm Emaar Misr for Development (EMFD.CA).

07/09/2025

Saudi Arabia's Riyadh A major multilateral impact finance organisation concentrating on the MENA energy industry, the Arab Energy Fund (TAEF), formerly known as APICORP, has successfully concluded a USD 600 million five-year issuance priced at SOFR +75bps.

As TAEF's fourth successful public benchmark issuance in 2025, this deal highlights the company's strong credit profile and standing as a regular and reliable issuer in international capital markets. Even though primary markets were incredibly busy, with over 40 trades announced globally around the same time, the bond, which matures in February 2031, was priced inside secondary levels. During the book-building process, the transaction tightened by 10 basis points, and it was inside the current secondary trading levels by about 20 basis points.

03/09/2025

Abu Dhabi According to a poll released on Wednesday, business activity in Saudi Arabia's non-oil private sector grew steadily in August, accelerating somewhat faster than in July due to a rise in new orders.

Growth was indicated by the seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index (PMI), which increased from 56.3 in July to 56.4 in August and stayed far over the 50.0 threshold.

"The slight increase signalled another month of steady growth, driven by improving demand conditions, a modest rebound in output growth, and further gains in employment," stated chief economist Naif Al-Ghaith of Riyad Bank.

02/09/2025

Oxford, United Kingdom Prince Mohammed Bin Salman College (MBSC) demonstrated the Kingdom's interest in international business education by sending 108 of its best graduate students to Oxford University as part of a rigorous leadership and strategy program. This daring move further solidifies Saudi Arabia's growing global educational influence.

This year's program, which was held from August 19 to 23, almost doubled in size from its 2024 premiere. This demonstrates the growing interest in MBSC's distinctive fusion of global perspective and entrepreneurial education. For Saudi professionals, the program offered a carefully crafted immersion into Oxford's intellectual heritage combined with MBSC's action-based learning philosophy, resulting in a life-changing experience.

01/09/2025

Introducing a fresh visual identity and new logo that prioritises quality, innovation, and sustainability
Approximately 117,000 residents will benefit from the delivery of more than 27,000 housing units, with noteworthy projects throughout Egypt.
Cairo, Egypt—The Saudi Egyptian Developers Company celebrated its 50th anniversary, having made a name for itself as one of Egypt's top real estate developers for more than 50 years and serving as a vital link between Saudi Arabia and Egypt in terms of economic development. Since its founding in 1975, the business has influenced contemporary urban living and helped create new cities.

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