Money and Business

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Auditors warn of the risks of fraud in financial statements

Auditors warn of the risks of fraud in financial statements

The Saudi Organization for Certified Public Accountants (SOCPA) warns of the danger of management exceeding oversight in financial statements, emphasizing the need for professional skepticism to detect fraud
Capital Market Authority: Direct Listing Project for Subsidiary Companies

Capital Market Authority: Direct Listing Project for Subsidiary Companies

The Saudi Capital Market Authority has released a draft regulation regulating the direct listing of subsidiaries to solicit feedback, with the aim of reducing costs and deepening the market without the need for…
Investment licenses in Saudi Arabia are expected to rise by 69% during 2025

Investment licenses in Saudi Arabia are expected to rise by 69% during 2025

The Saudi Ministry of Investment recorded record growth in investment licenses of 69% during 2025, reaching more than 24,000 licenses…
Al-Qasabi: Merging the competitiveness and business centers to enhance the investment environment

Al-Qasabi: Merging the competitiveness and business centers to enhance the investment environment

The Cabinet approves the merger of the Competitiveness and Business Centers. Al-Qasabi confirms that the new center will provide 6,000 government services and unify efforts to improve…
Egg prices during Ramadan: Price variations and ample supply in the markets

Egg prices during Ramadan: Price variations and ample supply in the markets

Learn about egg prices during Ramadan, which range between 15 and 36 riyals. A detailed report on supply and the impact of feed costs…
Ministry of Commerce: Registration and renewal of commercial agencies is now fully electronic

Ministry of Commerce: Registration and renewal of commercial agencies is now fully electronic

The Saudi Ministry of Commerce announces the automation of commercial agency services. Learn about the registration requirements and instant renewal steps via the electronic platform to enhance the business environment…
President Sami: Strategy to build a sovereign defense industry in Saudi Arabia

President Sami: Strategy to build a sovereign defense industry in Saudi Arabia

Learn about SAMI's plans to build a sovereign defense industry in Saudi Arabia and localize 50% of military spending within Vision 2030 to enhance…
Electric car sales rise in Europe, while gasoline sales decline

Electric car sales rise in Europe, while gasoline sales decline

Recent data shows that electric car sales in Europe have risen by 14% and gasoline vehicles by 26%, amid fierce competition with…
Asmo and Arcapita: A giant logistics facility in Spark

Asmo and Arcapita: A giant logistics facility in Spark

A strategic partnership between ASMO and Arcapita to develop a 1.4 million m² logistics facility in King Salman Energy Park. A project that supports the vision…
Sulaiman Al Habib Group celebrates its founding day and honors its employees at a breakfast event

Sulaiman Al Habib Group celebrates its founding day and honors its employees at a breakfast event

Dr. Sulaiman Al Habib Medical Group held its annual Iftar banquet and celebrated its founding anniversary, in the presence of the group's leaders, honoring long-serving employees and showcasing…
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