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Dubai, UAE – June 25, 2025 – Hibrid, a leading UAE-based provider of innovative streaming technology, has announced a strategic collaboration with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, to offer comprehensive streaming and infrastructure services to customers throughout the Middle East and the Gulf Cooperation Council (GCC) region.
This collaboration combines Hibrid's cutting-edge ......read more
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 Dubai, UAE – 18 June 2025, HSA Group is proud to announce the appointment of Mr. Dirhem Abdo Saeed as Chairman of the Board, marking a significant milestone in the Group’s 88-year legacy as one of the Middle East’s leading multinational family businesses.
With over 40 years of international business experience, Mr. Dirhem is a seasoned and accomplished business leader who has played a key role in the Group’s strategic ......read more
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The IsDBI’s agenda focused on advancing partnerships, capacity development, and knowledge-driven solutions in Islamic finance
JEDDAH, Saudi Arabia, June 2, 2025/ -- The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) has reinforced its leadership in Islamic finance by engaging with key stakeholders in a series of high-level bilateral meetings during the 2025 IsDB Group Annual Meetings in Algiers, Algeria. These ......read more
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 Panasonic bats for enhanced service and supply efficiency by collaborating with Saudi Company for Hardware (SACO)
Riyadh, Saudi Arabia
Panasonic Marketing Middle East and Africa (PMMAF) has revealed a groundbreaking strategic partnership with Saudi Company for Hardware (SACO), KSA's premier electronics and lifestyle retail distributor. This collaboration marks a significant evolution in the Kingdom's retail and electronics sectors, ......read more
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 Company Achieves Record-Breaking First-Quarter Revenue Driven by Balanced Growth in Home Appliance and B2B Sectors
Dubai, April 25, 2025 — LG Electronics Inc. (LG) today announced consolidated revenue of USD 15.67 billion and operating profit of USD 869 million for the first quarter of 2025. This marks the highest first-quarter revenue in the company’s history and the sixth consecutive year in which operating profit surpassed USD ......read more
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Certification issued by Cambridge University awarded to the inaugural class
100% job placement secured for graduating class
VFS Global Academy announces the successful completion of its inaugural training programme in Riyadh, in collaboration with Transformative Solutions Consulting, the leading Saudi-GCC consulting and educational firm dedicated to empowering individuals and organizations through innovative, high-impact leadership and ......read more
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Dammam, Saudi Arabia, 12 March 2025: Fourth Milling Company ("MC4" or the "Company"), a leading producer of flour and its derivatives in the Kingdom of Saudi Arabia, has announced its financial results for the fourth quarter of 2024 (“Q4 2024”) and the full year ended 31 December 2024 (“FY 2024”), showcasing substantial growth in revenue and profitability driven by a notable increase in sales volumes. ......read more
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Global dividends grew to a record $1.75 trillion in 2024, up 6.6% on an underlying basis
Headline growth of 5.2% reflected lower one-off special dividends and the stronger US dollar
17 countries out of the 49 in our index saw record dividends, including some of the largest payers such as the US, Canada, France, Japan and China
Large companies making their first dividend payments made a disproportionate impact – Meta, Alphabet and ......read more
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Riyadh, Kingdom of Saudi Arabia – 19 February 2025G: Arabian Company for Agricultural and Industrial Investment (the “Company” or “Entaj”), one of the leading poultry brands in the Kingdom of Saudi Arabia (the “Kingdom”), announces the successful completion of the book-building process for institutional investors (“Participating Parties”) and the final offer price (the “Final ......read more
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The agreement with Saudi National Bank marks a significant step forward for ROSHN Group
This funding will cover the acquisition of ROSHN Front
Riyadh, 5 February 2025 – ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a PIF Company, has agreed a two billion Saudi Riyal Shariah-compliant credit facility with Saudi National Bank, Saudi’s largest financial institution. The loan agreement, ......read more
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Riyadh, Saudi Arabia, 09 January 2025 - Tanmiah Food Company (“Tanmiah” or the “Company”, 2281 on the Saudi Exchange), a market-leading provider of fresh and processed poultry and other meat products, animal feed and health products, and a foods brand franchise operator, today announced that it has formed a strategic partnership with Chengdu Design & Research Institute (CDI), a Chinese contractor firm with ......read more
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On the side-lines of ADIPEC 2024, SPARK signed several letters of intent with leading entities, BioChem, MAN Industries, Primetech, Thermocables, and Dalipal Holdings
The agreements will generate over 3,000 direct and indirect jobs and significantly expand manufacturing capabilities at SPARK at maturity
The state-of-the-art facilities will reinforce SPARK's position as a leading regional player facilitating the localization ......read more
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 Riyadh, Saudi Arabia, 03 November 2024 - Jahez International Company for Information System Technology (“Jahez”, or the “Group”, 9526 on the Saudi Exchange’s Nomu – parallel market), announces its financial results for the third quarter (Q3) and nine month period (9M) ending 30 September 2024, with record Q3 and 9M total orders and profitability, strong 30% growth in Gross Merchandise Value (GMV), and ......read more
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The SNB Capital Saudi Nomu Market Fund provides investors with access to the Nomu parallel market without needing to meet the "Qualified Investor" criteria
The open-ended public equity fund invests primarily in a diverse array of equities listed on the Nomu parallel market and Shariah-compliant opportunities on the Saudi capital market.
The new fund is now open for subscription and is designed for retail investors aiming for ......read more
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Saudi Arabia's SILZ signs strategic partnerships with leading global and local partners, reinforcing its role as a key player in the Kingdom's Vision 2030 strategy
One of the key sponsors of the inaugural Global Logistics Forum, SILZ introduces Riyadh Integrated, Saudi Arabia's first special logistics zone
RIYADH, October 14, 2024 – Saudi Arabia's Special Integrated Logistics Zone Company (SILZ), the ......read more
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 Riyadh, 18 September 2024 – eWTP Arabia Capital, the first international private equity firm to establish an Asia-Saudi cross border investment platform, has rebranded as ‘ewpartners’ as it celebrates seven years in the Kingdom.
Since it was launched in Riyadh in 2017, ewpartners has raised and fully deployed USD 400 million for its Fund I and is targeting USD 1 billion for Fund II as a result of strong investor ......read more
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The Hospital adds a 50-bedded facility adjacent to the main building to provide enhanced medical care to patients in Riyadh
The expansion is a part of Aster DM Healthcare's growth strategy in Saudi Arabia in alignment with the Kingdom's Vision 2030 and Healthcare Sector Transformation Program
The new Grand Wing facility will elevate patient care and experience, building upon Aster DM Healthcare's global service experience ......read more
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 Riyadh, Saudi Arabia: Bank Saudi Fransi (BSF) and AstroLabs have announced the successful conclusion of the second cohort of the flagship “Banker Technologies” program, aiming to expand Saudi Arabia's fintech talent pool, thereby contributing to the advancement of the broader fintech sector.
As Saudi Arabia is rapidly evolving into a global financial technology and innovation hub, the program plays a pivotal role in generating ......read more
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 Leading UK fire and safety expert Neil Odin to outline strategies for effective post-incident fire management during the Fire Protection and Technology summit
Saudi Arabia currently has over 5,200 ongoing construction projects worth more than US$819 billion, according to research, underscoring the need for robust fire safety strategies in the built environment
Taking place from 1-3 October, the sixth edition of Intersec Saudi ......read more
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 RIYADH –
The International Falcon Breeders Auction 2024 (IFBA), Organised by the Saudi Falcons Club, has concluded its inaugural event for the 2024-2025 season, setting a new benchmark in the falconry world. Over the course of 20 days, the auction saw an impressive turnover, with sales soaring past 10 million riyals ($2.7 Million) and more than 866 prized falcons finding new owners.
The auction drew participation from more than 56 ......read more
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KSA’s rapidly transforming logistics landscape is projected to achieve a valuation of USD 15.31 billion and have 59 new logistics zones by 2030.
Savoye as a One-Stop-Shop producer and integrator for automation and software, will address key market bottlenecks to enhance the efficiency and productivity of warehousing operations
27 August 2024: Savoye, a leading global warehouse automation integrator and software publisher, will ......read more
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 Integration of WhatsApp in FedEx® Delivery Manager International makes last-mile delivery even easier
Riyadh, Saudi Arabia, August 26, 2024 – Federal Express Corporation, the world's largest express transportation company, has enhanced its FedEx® Delivery Manager International (FDMi) e-commerce solution with delivery notifications on WhatsApp, available in both English and Arabic, for package recipients in Saudi ......read more
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 Photo caption (from left): Omar Bukhari, Head of Consumer Retail Services, SAP Saudi Arabia, with Saad Saud Alhowaimel, NADEC, Vice President - Digital & Technology
Riyadh, KSA — 21 August 2024 — The National Agricultural Development Company (NADEC) has successfully implemented SAP Signavio, leveraging the technology to advance the company's digital transformation strategy. The initiative is aligned with the Kingdom's ......read more
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Dammam, Saudi Arabia – August 19, 2024: Representatives of the Oil Park Development Company (OPDC), responsible for developing THE RIG. project, visited International Maritime Industries (IMI) to discuss the strategic partnership between the two companies. Under this partnership, IMI will supply ferries and additional services to support OPDC's maritime operations with the aim of optimizing the visitor experience at THE RIG., the ......read more
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Riyadh, Saudi Arabia, 11 August 2024 - Jahez International Company for Information System Technology (“Jahez”, or the “Group”, 9526 on the Saudi Exchange’s Nomu – parallel market), announces its financial results for the second quarter and first half of 2024, with strong 31% growth in Gross Merchandise Value (GMV) and market share gain in both KSA and non-KSA markets while expanding across the Group’s ......read more
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 The magazine explores critical issues shaping the future of the digital economy and women's empowerment in the ICT sector
Riyadh, 7 August 2024: Building on the success of its inaugural issue, the Digital Cooperation Organization (DCO), a global multilateral organization committed to enabling digital prosperity for all by accelerating the sustainable and inclusive growth of the digital economy, is proud to announce the launch of the ......read more
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 Exciting new products to be launched in HoReCa market
Aug 6, 2024: Alesayi Beverage Corporation, a leading beverage manufacturer in Saudi Arabia since 1959 with 60% market share in the energy drinks’ category, is partnering with SIG to expand its product and packaging portfolio. Using a state-of-the-art SIG SureFill 42 Aseptic BIB filling system, Alesayi will launch exciting new products in hotels, restaurants and cafes (HoReCa).
For ......read more
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 Riyadh:
Fortinet, the global cybersecurity leader driving the convergence of networking and security, is pleased to announce the appointment of Joe Sarno as Executive Vice-President (EVP) of International Sales. In this role, Joe will oversee Fortinet's International Sales business and join the Executive Leadership team, which brings together decades of expertise to deliver industry-leading solutions to over half a million ......read more
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 MoU signing marks SEC’s commitment to promote Fire and Life Safety Practices, and NFPA’s work to strengthen safety standards through collective education efforts
Riyadh, Kingdom of Saudi Arabia, July 31, 2024 – The National Fire Protection Association® (NFPA®) and Saudi Electricity Company (SEC) announced the signing of a Memorandum of Understanding (MoU), marking a significant step towards promoting fire and life ......read more
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 Company Sets New Records for Second Quarter Revenue and Operating Profit
Through Balanced Qualitative Growth in Core and Future Businesses
Dubai, July 26, 2024 — LG Electronics Inc. (LG) today announced second-quarter 2024 consolidated revenue of KRW 21.69 trillion and operating profit of KRW 1.20 trillion, reflecting an 8.5 percent year-over-year increase in revenue and a 61.2 percent surge in operating profit. These figures mark new ......read more
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The new Alstom headquarters in Riyadh builds on a 70-year legacy, furthering railway innovation and development in Saudi Arabia.
The Riyadh office will also host the Services Digital Centre, aimed at advancing Alstom’s capabilities in condition-based and predictive maintenance.
15 July 2024 – Alstom, the global leader in green and smart mobility solutions, today proudly inaugurates its opening of their regional ......read more
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Gulf Islamic Investments (GII), a leading Shari'ah-compliant asset management group, has increased its business activities in Saudi Arabia significantly in 2024, including the granting of a CMA licence, a new cooperative logistics agreement with Logipoint, the acquisition of Emad Bakeries in Jeddah, and expanding healthcare assets through Al Meswak dental clinics and the Abeer Medical Company across The Kingdom
Saeed Al Ghamdi, ......read more
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In response to Saudi Arabia announcement of Major Oil and Natural Gas discoveries in The Eastern Province and Empty Quarter, Shady Khalil, Campaign Lead from Greenpeace MENA, Said:
This announcement is deeply concerning and indicates that Saudi Arabia has not yet embraced the imperative that the fossil fuel era is ending. COP28 in Dubai has sent a strong signal on the need to transition away from fossil fuels by 2050, with a decline this ......read more
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 Egis, a global leader in the architecture, consulting, construction engineering and mobility sectors, has been granted the respected Environmental License Class A from Saudi Arabia's National Center for Environmental Compliance (NCEC). This coveted designation signifies a company's commitment to adhering to the strictest environmental regulations, contributing to the Kingdom's ambitious sustainability goals.
The Environmental ......read more
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 Jeddah: W7Worldwide, the Kingdom's leading home-grown marketing communication consultancy agency and a leader in the GCC region, has unveiled its Annual Report 2023, showcasing a year marked by remarkable achievements and recognitions as well as breaking barriers in the corporate PR and marketing communication industry.
"As we stand at the threshold of another transformative year, our unwavering commitment to bridge people and ......read more
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 The sixth edition of Intersec Saudi Arabia will take place from 1-3 October at the Riyadh International Convention and Exhibition Center (RICEC)
Building on the success of previous years, the exhibition space will be 34% larger this year, with 17,000 visitors expected to attend
The exhibition's conference programme will feature the Future Security and Safety Summit and the Fire Protection and Technology Summit
Riyadh, Saudi ......read more
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 Jeddah: Bupa Arabia for Cooperative Insurance has launched an innovative service, the first of its kind in Saudi Arabia, allowing employees covered under the company's client insurance policies to easily upgrade their maternity coverage and select hospital room types through the Bupa Arabia mobile app.
The service aims to enable employees to manage their insurance coverage to better suit their needs and preferences, including room ......read more
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 Saudi Arabia Alliance Française to Open at Hayy Jameel in Jeddah
From left to right: Larry Lamartiniere (Alliance Française Managing Director), Mohammed Nehad (Consul General of France in Jeddah), Zaher Al Munajeed (President of Alliance Française), HE Ludovic Pouille (Ambassador of France), Hussein Jameel (Director of Community Jameel), Faisal Al Sammanoudi (Chairman of Abdul Latif Jameel Enterprises), Rowaid Al Sawaf (CEO of Abdul ......read more
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 Bupa Arabia wins the "Best Health Insurance Company" and "Best Insurance Brand" awards at the Insuretech 2024 "Golden Shield of Excellence" ceremony
Riyadh: Bupa Arabia for Cooperative Insurance was crowned for its outstanding achievements by winning two awards: "Best Health Insurance Company of 2024" and "Best Insurance Brand" at the 10th edition of the "Golden Shield of ......read more
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Riyadh, 13 June 2024: The Saudi Exchange today congratulates Rasan Information Technology Company (Rasan), the leading InsurTech services provider in the Kingdom of Saudi Arabia, as it lists on the Main Market.
Established in 2016, Rasan is a company specializing in the InsurTech services in the Gulf region. The Group's portfolio includes InsurTech companies like Tameeni, offering insurance aggregation services, among others such as Treza ......read more
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