Browsing: Business

Riyadh, April 23, 2026, SPA — Saudi Arabia has secured top global rankings in the Global Entrepreneurship Monitor (GEM) 2025-2026 report, reflecting a highly competitive environment and reinforcing its position as a premier global hub for entrepreneurship. The Kingdom led all high-income economies in Entrepreneurial Finance, highlighting the efficiency of its financing tools for small and medium-sized enterprises (SMEs). Additionally, Saudi Arabia ranked third globally in the National Entrepreneurship Context Index (NECI), cementing its status as an elite destination for entrepreneurial investment and growth. Total early-stage Entrepre

Jizan, April 24, 2026, SPA — Ambassador of the Islamic Republic of Pakistan to Saudi Arabia Ahmad Farooq and his accompanying delegation visited Jazan City for Primary and Downstream Industries (JCPDI) yesterday as part of his visit to Jazan Region. During the visit, he met with JCPDI Chief Executive Officer Dr. Hussein bin Yahya Fadhli. They discussed several topics of mutual interest and reviewed JCPDI’s industrial capabilities and promising investment opportunities, as well as the facilitation provided by the Royal Commission for Jubail and Yanbu to encourage foreign investment. Farooq expressed admiration for JCPDI’s na

Riyadh, April 23, 2026, SPA — The Zakat, Tax and Customs Authority (ZATCA) has urged businesses to submit their zakat and income tax returns for foreign establishments for the fiscal year ending December 31, 2025, no later than April 30, 2026. This call aligns with Article 102 of the Executive Regulations for Zakat Collection and Article 60 of the Income Tax Law, both of which require taxpayers to submit returns and fulfill their financial obligations within 120 days of the end of their fiscal year. The authority encouraged businesses to expedite their submissions through the e-services portal on the official ZATCA website to ensure compl

Yogyakarta, April 22, 2026, SPA — A delegation from the General Secretariat of the World Assembly of Muslim Youth (WAMY) inaugurated the Prince Saud bin Mohammed bin Fahad Islamic Center—named in honor of the late prince and his spouse, Princess Fahdah bint Fahad—in Bantul, Yogyakarta, Republic of Indonesia, during a ceremony attended by officials and members of the local community. Head of the delegation Faisal Al-Jabr said the center represents an effective model for achieving sustainable development goals and strengthening international humanitarian partnerships with lasting positive impact on communities.

Abu Dhabi, UAE – April 2026: CNTXT AI today announced the launch of Munsit Emirati TTS, a text to speech…

Buraidah, April 23, 2026, SPA — Light to moderate rain fell across Qassim Region yesterday evening, including Buraidah, the region’s governorates, and affiliated centers. Cumulus clouds formed over the region, with a chance of rain in the coming hours.

Riyadh, April 23, 2026, SPA — Chairman of the General Entertainment Authority (GEA) Turki Alalshikh announced the premiere date of the Saudi edition of “Million Riyal Menu,” set to launch on April 28 via the MBC Shahid platform and MBC1 channel, with the support of Riyadh Season. He stated that the program represents the largest Saudi adaptation of the global format “Million Pound Menu,” produced jointly by the Saudi company BigHouse and IMP, in collaboration with Sony Pictures Television, reflecting a strong direction toward delivering content with world-class standards within the Kingdom. The program features

Jeddah, April 20, 2026, SPA — AROYA Cruises will resume operating its voyages in the Red Sea from Jeddah starting May, in a step that reinforces the city’s status as one of the Kingdom’s principal gateways for marine tourism and contributes to invigorating maritime tourism activity in the region. The company indicated that its vessel AROYA is currently heading to its main port in Jeddah in preparation for launching its new voyage schedule, set to begin on May 14, with diverse itineraries ranging from three to five nights and covering several regional destinations, including Yanbu in the Kingdom, Sharm El-Sheikh in the Arab Rep

Riyadh, April 22, 2026, SPA — The Saudi Stock Exchange main index ended trading lower today, losing 99.97 points to close at 11,244.99 points. The total value of trading reached SAR4.9 billion, with 280 million shares traded. The Saudi Parallel Market Index (NOMU) ended higher, gaining 1.18 points to close at 22,861.47 points. Trading value on NOMU reached SAR15 million, with more than two million shares traded.

23 April 2026 – Cargo Network Services Corporation (CNS) is gearing up to host its annual Partnership Conference in San Francisco (USA) from 18-20 May 2026. Being held under the theme “Elevating Air Cargo: Partnerships, Progress & Possibilities”, the conference is the premier networking event for the US air cargo industry, bringing together around 700 stakeholders and representatives from across the air cargo value chain. The CNS Partnership Conference combines informative plenary sessions and presentations focused on innovation and challenges in the cargo business, with a variety of networking and social events. CNS Preside