Author: Mahdeehassan

SAB Invest, the investment arm of Saudi Awwal Bank (SAB), and Retal Urban Development Company today announced the launch of the Real Estate Fund – a SAR1.9 billion CMA-regulated real estate investment fund. In a statement, the company said the fund is structured to optimize capital efficiency and risk management, with SAB committing financing of up to 50% of the total investment value. This commitment reflects the strength of the underlying asset and the confidence of the partners in the project’s long-term potential.

Austin, June 03, 2026, SPA — The Saudi national football team continued its preparations for the FIFA World Cup 2026™ on Tuesday evening at its camp in Austin as part of the fourth and final phase of its preparation program. The players conducted their training session under the supervision of head coach Giorgos Donis. The session began with warm-up exercises, followed by possession drills and tactical work, before concluding with set-piece training. The Saudi team will resume training on Wednesday as preparations continue for the tournament.

The Affiliate Leaders Summit will take its next major step in 2026, evolving into a standalone global event dedicated entirely to affiliate and performance marketing. Co-located with SBC Summit in Lisbon from 29 September to 1 October, the event reflects growing demand for dedicated affiliate-focused environments as acquisition strategies become increasingly shaped by creators, AI, first-party data, and multi-channel traffic models. Originally launched in 2024 as a dedicated zone within SBC Summit, the Affiliate Leaders Summit quickly gained traction among affiliates, operators, and technology providers. In 2025, the exhibition floor expanded by 40% while affiliate registrations increased by nearly 50% year-over-year, driving its evolution into…

The acquisition accelerates deployment of dialect-aware, low-latency Arabic voice agents built for enterprise and public sector use across the UAE and wider GCC.   Abu Dhabi, UAE, June, 2026 – CNTXT AI, a UAE-based data and AI company, today announced the acquisition of Actualize, an enterprise AI company building dialect-aware Arabic voice agents for the GCC, powered by realistic Arabic speech models. The acquisition brings Actualize’s technology and team into CNTXT AI, strengthening its Arabic voice AI and enabling sovereign AI agents that can act on requests, not just respond to them, across enterprise and government environments. Actualize adds capabilities…

SBC Summit has overhauled its ticketing structure with the introduction of five dedicated pass categories, while Affiliate Leaders Summit will now operate as a standalone event with its own separate ticketing system, reflecting the event’s continued growth and increasing audience diversification. With early bird pricing set to end on 5 June, attendees have limited time remaining to secure discounted rates before standard pricing takes effect. Returning to Lisbon’s Feira Internacional de Lisboa and MEO Arena from 29 September to 1 October, SBC Summit has grown far beyond the traditional conference and exhibition format, now bringing together operators, affiliates, suppliers, payment providers, regulators, media, startups, and investors through a…

Makkah, June 01, 2026, SPA — The Royal Commission for Makkah City and Holy Sites announced the awarding of six development sites under the Developed Districts Program, covering a total area of more than 2.7 million square meters and representing investments valued at SAR13.3 billion. The initiative is part of the commission’s efforts to enhance the urban environment, support economic growth, improve the quality of life, and advance sustainable development in the Holy City. The commission stated that the awarded sites are located in the neighborhoods of Jurhum South, Al-Khalidiyah, Al-Hajlah, Al-Hindawiyah East, Al-Hindawiyah South,

Limassol, May 29, 2026, SPA — Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met yesterday with Minister for Europe and Foreign Affairs of the French Republic Jean-Noël Barrot on the sidelines of the Informal Meeting of EU Foreign Ministers held in Limassol, Republic of Cyprus. The two officials reviewed relations between the two countries and ways to strengthen them in the service of common interests. They also discussed regional and international developments and their implications for security and stability.

Madinah, May 31, 2026, SPA — Madinah Central Dates Market in Food City witnessed heightened economic activity amid the influx of pilgrims before and after Hajj, with strong demand for various date varieties contributing to increased commercial activity. A report issued by Madinah branch of the Ministry of Environment, Water and Agriculture stated that the market recorded sales of 724,381 kilograms of dates over the past 20 days, with a total value approaching SAR12 million. Transactions were conducted through 20 auction lanes, including air-conditioned lanes inside the main hall, in addition to retail outlets. According to the report,

Global EDM icon Tiësto will headline the third edition of INFINITY Lisbon, closing SBC Summit 2026 with a standout performance at the MEO Arena. With a career spanning more than three decades, he remains one of the most influential figures in electronic music. Over the course of his career, Tiësto has, and continues to, shape global dance culture through genre-defining tracks, chart-topping hits, and collaborations with some of the world’s biggest artists, building a catalogue that has influenced generations of producers and fans alike. Tiësto will take over Lisbon’s MEO Arena on Thursday, 1 October, joined by Dutch duo BlasterJaxx for a high-energy night of live performances,…

A comprehensive agreement with King Fahd Medical Research Center covers joint scientific research in mental health, alongside digital psychological support services, clinical supervision, and campus-wide awareness initiatives. JEDDAH, Saudi Arabia –Arab Therapy Medical Care a digital mental health company founded in Berlin, Germany before relocating to Saudi Arabia — and King Abdulaziz University, represented by the King Fahd Medical Research Center, have signed a formal Memorandum of Understanding in Jeddah. The agreement enshrines the integration of professional digital mental health services into one of the Kingdom’s most prestigious academic institutions. The MOU was signed by Dr. Tariq Asim Rushdi Dalbah,…