Browsing: Business

Riyadh, June 2, 2026, SPA — The Ministry of Industry and Mineral Resources processed 778 chemical-clearance service requests in April as part of its efforts to support industrial investment and provide services that promote the growth and expansion of industrial enterprises. Ministry Spokesperson Jarrah Al-Jarrah said the processed applications included 703 requests for the clearance of imports of unrestricted chemicals and 75 requests for permits to import restricted chemicals. The issued requests covered a total of 2,758 items. Al-Jarrah said the chemical-clearance service enables industrial investors to apply for clearance permits a

Taif, June 01, 2026, SPA — Governor of Taif Prince Fawaz bin Sultan bin Abdulaziz inspected a number of tourist sites, resorts, and parks in Al Shafa Center today to assess their readiness to receive visitors and vacationers during this year’s summer season. During the tour, the governor reviewed the level of services provided to visitors, as well as the facilities and amenities prepared to enhance the visitor experience. He also inspected maintenance and development work underway at tourist sites in the center. The governor stressed the importance of diversifying summer events and accompanying programs in line with visitors’ e

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…

The acquisition accelerates deployment of dialect-aware, low-latency Arabic voice agents built for enterprise and public sector use across the UAE…

SBC Summit has overhauled its ticketing structure with the introduction of five dedicated pass categories, while Affiliate Leaders Summit will now operate as…

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,