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Middle East business travel spending adapts to global shifts, reaching 6.1% growth in 2025, say experts at IBTM@ATM 2025
Current trends in business travel spending, changing global economic conditions, and the…
Saudi Arabia raises $5.5B from global sukuk issuance
The National Debt Management Center (NDMC) completed the issuance of an international…
BSF completes issuance of $1B Tier 2 capital notes
Banque Saudi Fransi (BSF) announced the successful completion of a USD- denominated…
Red Sea Global, Riyadh Air launch strategic alliance
Red Sea Global (RSG) signed a strategic partnership agreement with Riyadh Air…
Saudi Arabia hosts 1,900 food factories with SAR 88B investments: Industry Ministry
The Ministry of Industry and Mineral Resources said that Saudi Arabia hosts a robust food manufacturing base, comprising over 1,900…
Ministry of Municipalities, SFDA update table of Food Law violations
Saudi Arabia’s Ministry of Municipalities and Housing and the Saudi Food and Drug Authority (SFDA) issued the updated version of…
Investment Ministry: 34 licenses issued for regional HQs in Q2 2025
The Ministry of Investment stated that 34 licenses were issued for regional headquarters in Saudi Arabia during the second quarter…
MIS awarded SAR 64.8M contract from Elm
Al Moammar Information Systems Co. (MIS) won today, Aug. 28, a SAR 64.83 million contract, including VAT, from Elm Co.…
China plans to boost ties in renewables, supply chains with Saudi Arabia: Commerce Minister
Chinese Commerce Minister Wang Wentao said Beijing plans to strengthen cooperation with Saudi Arabia in renewable energy and supply chains,…
Dar Al Arkan set to issue USD-denominated sukuk
Dar Al Arkan Real Estate Development Co. is set to issue US-denominated, Shariah-compliant, fixed-rate, senior unsecured sukuk under Regulation S,…
Saudi Cabinet OKs Law of Expropriation of Real Estate for Public Benefit
The Cabinet, chaired by King Salman bin Abdulaziz, approved today, Aug. 26, the Law of Expropriation of Real Estate for…
