Browsing: Business

Saudi Central Bank (SAMA) and Qatar Central Bank announce agreement enabling mada and HIMYAN card use across both countries H.E. Ayman Al Sayari, Governor of SAMA, highlights the Kingdom’s “exceptional” fintech growth, with sector investment exceeding SAR 30 billion by the end of H1 barq announces USD 329.5 million Series A funding round at a USD 1.85 billion valuation, while Network International launches merchant acquiring

Riyadh, September 15, 2026, SPA — The Ministry of National Guard and the Saudi Data and Artificial Intelligence Authority (SDAIA), in the presence of Minister of National Guard Prince Abdullah bin Bandar bin Abdulaziz, today launched a specialized sub-track for biometric data within the Data Regulatory Sandbox during the Riyadh Global Medical Biotechnology Summit. The initiative comes as part of cooperation between the two sides to support innovation in biometric data and advance relevant regul…

Metra’s gold digital-finance business joins Nasdaq-listed ATIF to advance gold supply-chain finance and global trade settlement NEW YORK – September,…

Riyadh, September 11, 2026, SPA — CEER, Saudi Arabia’s first automotive company and Original Equipment Manufacturer (OEM), today announced the reveal date of the world premiere of its first flagship vehicles, an electric sedan and SUV, on September 21, 2026. The announcement reflects Saudi Arabia’s strategic direction toward developing an advanced industrial sector aligned with the objectives of Saudi Vision 2030 and strengthening Saudi Arabia’s position on the global automotive ind…

Riyadh, September 11, 2026, SPA — The Ministry of Tourism announced today updates to four regulations governing key tourism activities: travel and tourism services, tour guiding, hospitality facilities, and private hospitality units, aiming to modernize the sector’s regulatory framework, enhance operational efficiency, and elevate the overall visitor experience across the Kingdom. The ministry stated that the updates align regulatory standards with evolving business models and global best pract…

New York, September 12, 2026, SPA — The Kingdom of Saudi Arabia welcomed the launch of the Global Alliance for South-South and Triangular Cooperation, emphasizing its importance in enhancing integration and reducing duplication of efforts while respecting countries’ national priorities. In the Kingdom’s speech delivered on the occasion of the United Nations Day for South-South Cooperation, Permanent Representative of the Kingdom of Saudi Arabia to the United Nations Ambassador Dr. A…

Riyadh, Saudi Arabia – September 11th, 2026: Addleshaw Goddard has advised SEH Healthcare, a consortium formed by SMC Healthcare, Health Gates and Germany’s Dr Ebel Group on its successful award as operator of the SABIC Specialized Behavioural Healthcare Hospital in Riyadh, Saudi Arabia, following confirmation by the Ministry of Health and the National Centre for Privatization & PPP (NCP). The 15-year contract, awarded under Saudi Arabia’s Privatization and Public-Private Partnership (PPP)…

Riyadh, September 11, 2026, SPA — Minister of Endowments of the Syrian Arab Republic Dr. Mohammad Abu Al-Khair Shukri, General Authority for Awqaf Governor Emad bin Saleh Al-Kharashi, and Chairman of the Saudi-Syrian Business Council Mohammad Abunayyan held a tripartite meeting at the headquarters of the authority. The meeting discussed prospects for cooperation and shared opportunities in the waqf sector, as well as ways to strengthen partnership and exchange expertise and knowledge between th…

WTM Spotlight Riyadh officially opens at the Riyadh Front Exhibition & Conference Center (RFECC), marking the launch of a new platform connecting the world to Saudi Arabia and Saudi Arabia to the world Leading regional and international destinations and travel brands come together for three days of business, networking and knowledge exchange Conference programme brings together senior Saudi and international

Riyadh, September 9, 2026, SPA — The Professional Fighters League (PFL) unveiled the fight card for PFL MENA 11, scheduled for October 2 at Riyadh’s Boulevard City. Saudi Arabia’s Mostafa Nada will face Egypt’s Osama Elsaidy in the main event. The card features six semifinal bouts in the welterweight, featherweight, and lightweight divisions to determine who advances to the PFL MENA finals. Nada and Elsaidy will meet for the third time, 10 years after their last bout. Each won one of their two…