Money and Business

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Knowledge Economic City wins two awards at Global Economics 2025

Knowledge Economic City wins two awards at Global Economics 2025

Knowledge Economic City wins two global awards at Global Economics 2025 for its City Gateway project and urban destination development, further enhancing its standing…
Franchise system amendments: Facilities to support investment

Franchise system amendments: Facilities to support investment

Discover the new facilities in the Saudi franchise system, including the elimination of the experience requirement and support for promising sectors within Vision 2030…
Siniora inaugurates Jeddah factory with an investment of 150 million riyals to support food security

Siniora inaugurates Jeddah factory with an investment of 150 million riyals to support food security

Siniora Food Industries opened its new factory in Jeddah with an investment of 150 million riyals and a production capacity of 10,000 tons, providing 300…
Recommendations from the Future of Real Estate Forum 2026 in Riyadh

Recommendations from the Future of Real Estate Forum 2026 in Riyadh

Learn about the outcomes of the Future Real Estate Forum 2026 in Riyadh, details of the new foreign ownership system, and agreements signed to boost real estate investment in…
Fitch: Saudi Arabia's business environment is the highest-rated in the Gulf

Fitch: Saudi Arabia's business environment is the highest-rated in the Gulf

Fitch Ratings affirms the strength of Saudi banks and awards the Kingdom's business environment the highest rating in the Gulf, BBB+, supported by Vision 2030 and robust growth
Extension of the exemption from fees on debt instruments in Saudi Arabia until 2027

Extension of the exemption from fees on debt instruments in Saudi Arabia until 2027

The Saudi Capital Market Authority extends the exemption for issuers of sukuk and debt instruments from financial fees, trading and deposit charges until 2027 to support the market…
Germany: Deutsche Bank raided in investigation into suspected money laundering

Germany: Deutsche Bank raided in investigation into suspected money laundering

German authorities raided Deutsche Bank offices in Frankfurt and Berlin. The investigations targeted executives suspected of money laundering and suspicious business dealings.
Amazon is eliminating 16,000 jobs as part of its restructuring and AI transformation plan

Amazon is eliminating 16,000 jobs as part of its restructuring and AI transformation plan

Amazon officially announces the elimination of 16,000 jobs globally to reduce bureaucracy. The restructuring plan targets office-based positions with a focus on AI investments…
Saudi stocks gain 108 billion and close at their highest level in 3 months

Saudi stocks gain 108 billion and close at their highest level in 3 months

Saudi stocks continued their upward trend for the sixth consecutive session, achieving market gains exceeding 108 billion riyals. Learn more about the index closing figures and company performance…
Launch of the Real Estate Registry Portal: Digital Services for the Business Sector

Launch of the Real Estate Registry Portal: Digital Services for the Business Sector

The Real Estate Registry launches a business portal to serve companies and real estate developers. Learn about the features of the new portal and its role in enhancing real estate transparency within…
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