Money and Business
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Launch of the Makkah Halal Forum 2026: Towards a Global Professional Industry
14/02/2026
Launch of the Makkah Halal Forum 2026: Towards a Global Professional Industry
Under the patronage of the Minister of Commerce, the third edition of the Makkah Halal Forum 2026 commenced. Learn more about the event, which aims to transform halal into…
Fines for the true beneficiary: The Ministry of Commerce imposes penalties of up to 80,000 riyals
13/02/2026
Fines for the true beneficiary: The Ministry of Commerce imposes penalties of up to 80,000 riyals
The Saudi Ministry of Commerce has approved escalating fines for companies that fail to disclose the beneficial owner, reaching up to 80,000 riyals, with a grace period…
Fines for the true beneficiary: The Ministry of Commerce penalizes companies with 80,000 riyals
13/02/2026
Fines for the true beneficiary: The Ministry of Commerce penalizes companies with 80,000 riyals
The Saudi Ministry of Commerce has approved escalating fines of up to 80,000 riyals for companies that fail to disclose the beneficial owner, along with…
Sultan bin Sulayem dismissed from Dubai Ports and Essa Kazim appointed as chairman
13/02/2026
Sultan bin Sulayem dismissed from Dubai Ports and Essa Kazim appointed as chairman
Details of Sultan bin Sulayem's dismissal as chairman of DP World and the appointment of Essa Kazim as his successor, following the Jeffrey Epstein document leaks…
Future Aviation Conference 2026 in Riyadh: Global Investment Prospects
12/02/2026
Future Aviation Conference 2026 in Riyadh: Global Investment Prospects
Under the patronage of the Custodian of the Two Holy Mosques, the General Authority of Civil Aviation is organizing the Future of Aviation 2026 conference in Riyadh. A global platform to attract investments of $100 billion…
Aramco and Microsoft Partnership: The Industrial Artificial Intelligence Revolution
12/02/2026
Aramco and Microsoft Partnership: The Industrial Artificial Intelligence Revolution
Details of the memorandum of understanding between Aramco and Microsoft to develop artificial intelligence solutions in the industrial sector, enhance digital sovereignty, and develop skills within the framework of Vision…
The World Defence Exhibition in Riyadh concludes: 220 agreements and 60 arms contracts
12/02/2026
The World Defence Exhibition in Riyadh concludes: 220 agreements and 60 arms contracts
The World Defense Show in Riyadh concluded with the signing of 220 agreements and 60 arms contracts, a major step towards supporting the localization of military industries…
Wall Street indices rise after positive US jobs data
12/02/2026
Wall Street indices rise after positive US jobs data
Wall Street indices surged across the board, led by the Dow Jones and Nasdaq, after recession fears eased and 130,000 new jobs were added in…
Gulf markets rise, buoyed by strong earnings results and shrugging off tensions
12/02/2026
Gulf markets rise, buoyed by strong earnings results and shrugging off tensions
Gulf stock markets recovered their losses and closed higher, supported by positive corporate earnings results, ignoring geopolitical tensions between Washington and Tehran, with…
Investment opportunities in Mecca: 30 environmental and agricultural sites offered
12/02/2026
Investment opportunities in Mecca: 30 environmental and agricultural sites offered
The Makkah Development Authority and the National Center for Vegetation Cover are offering 30 environmental and agricultural investment opportunities covering an area of 10 million square meters in Taif…