Tuesday August 05, 2025 / 11 , Safar , 1447
Header Logo
Leading The Way
search-icon
Footer Header
search-icon
SG
Saudi Arabia
Opinion
Discover Saudi
World
Sports
Business
Life
Advertisements
search-logo
  • Home
  • BUSINESS
BUSINESS
1 - 10 from 16563 . In "BUSINESS"
Mohamed Yousuf Naghi Motors and alfanar partner to deliver seamless home EV charging solutions across Saudi Arabia
As the Kingdom accelerates its shift towards electrified mobility, Mohamed Yousuf Naghi Motors (MYNM), the official retailer of Jaguar Land Rover in Saudi Arabia, has taken a strategic step to support electric vehicle (EV) customers through a newly signed partnership with alfanar, one of the nation’s prominent innovative energy solution providers.The agreement marks a pivotal milestone in MYNM’s electrification journey, reflecting a shared ambition to drive sustainable mobility across the Kingdom.In an evolving market where quality, innovation, and national expertise are key to success, partnerships between legacy-driven family businesses hold a unique value.Both Mohamed Yousuf Naghi Motors and alfanar are proud Saudi family-owned enterprises, deeply rooted in the Kingdom’s economic...
August 04, 2025

Mohamed Yousuf Naghi Motors and alfanar partner to deliver seamless home EV charging solutions across Saudi Arabia

Foreign direct investment nets SR1.9 billion in Saudi stock market for July
Saudi Gazette report RIYADH — Saudi Exchange data showed that net purchases in the main equities market through foreign direct investment reached SR1.9 billion in July 2025.According to the exchange, individual investors recorded net purchases of about SR2.12 billion, while high-net-worth individual investors posted net purchases of SR1.1 billion.In contrast, investment funds registered net sales of SR3.3 billion, and Saudi companies reported net sales of SR1.6 billion.On the trading front, the main Saudi stock index dropped 87.17 points on Sunday, closing at 10,833.10, with a total trading value of SR3.3 billion.The number of shares traded stood at 272 million, with 62 companies seeing gains and 187 declining.The top gainers included Al-Andalus for Sports, Thimar, Nama Chemicals,...
August 03, 2025

Foreign direct investment nets SR1.9 billion in Saudi stock market for July

SABIC holds press conference in Riyadh to announce Q2 results. (Supplied)
SABIC posts $1.41 billion loss in H1 2025 on UK plant closure, restructuring costs
Saudi Gazette reportRIYADH — Saudi Basic Industries Corp. (SABIC), the Middle East’s largest petrochemicals and fertilizers producer, reported a net loss of SR5.28 billion ($1.41 billion) for the first half of 2025, compared with a profit of SR2.43 billion in the same period last year.The company attributed the loss mainly to a SR3.78 billion impairment charge tied to the closure of its Teesside cracker unit in the United Kingdom during the second quarter, part of a portfolio review aimed at cutting costs and improving profitability.Additional factors included SR1.07 billion in one-off restructuring costs, a SR1.07 billion drop in income from non-integrated joint ventures and associates — largely due to asset write-downs in Europe — and a SR694 million zakat expense, compared with...
August 03, 2025

SABIC posts $1.41 billion loss in H1 2025 on UK plant closure, restructuring costs

Barq marks first year with 7 million users and SR73 billion in transactions, powering Saudi Arabia’s digital shift
In a scene that reflects the Kingdom’s rapid shift toward a cashless economy, Barq, the digital payments application, has recorded exceptional performance in its first year of operation.The number of its users has surpassed 7 million, representing 150 nationalities from around the globe.The app has encompassed a wide range of digital payments and money transfers, contributing effectively to advancing the Kingdom’s non-cash economy objectives.In its first year, Barq issued more than 6.5 million digital payment cards, enabling users to conduct their transactions with ease and security.The app offers banking services through an advanced digital platform tailored to meet the needs of individuals as well as small and medium-sized enterprises (SMEs), providing innovative payment solutions...
July 31, 2025

Barq marks first year with 7 million users and SR73 billion in transactions, powering Saudi Arabia’s digital shift

Nissan Formula E Team celebrates a landmark season 11 with proud Saudi sponsor Electromin
As the chequered flag waved at the season finale in London, Nissan Formula E Team brought down the curtain on one of its most dynamic and thrilling seasons to date in the ABB FIA Formula E World Championship. Season 11 was a year of bold moves, fast-paced drama and innovation.This was made more poignant by the support of its sponsor, Electromin, part of Petromin Corporation Group, a Saudi-born e-mobility leader driving the next wave of sustainable transportation across the region and beyond.From lights-out in Sao Paolo to the high-stakes double-header finale at London’s ExCel circuit, Nissan Formula E Team captured hearts and headlines. With seven podiums and four victories, bold overtakes and moments of electric brilliance, the team proved determination, strategy and cutting-edge tech...
July 30, 2025

Nissan Formula E Team celebrates a landmark season 11 with proud Saudi sponsor Electromin

Cityscape Global returns to Riyadh in November 2025
Cityscape Global, will return to the Exhibition and Convention Centre in Malham, Riyadh, from 17 - 20 November 2025. Held under the theme “The Future of Urban Living”, the event is sponsored by the Ministry of Municipalities and Housing (MOMAH) in partnership with the Real Estate General Authority (REGA), Vision 2030, the Housing Program, and organised by Tahaluf.This year, the world’s largest real estate event will once again bring together over 172,000 participants across the whole real estate value chain - from developers and architects to institutional investors, technology providers, and policymakers. While Cityscape Global is renowned for showcasing the scale and ambition of Saudi Arabia’s real estate transformation, it also has a global dimension, with more than 70...
July 30, 2025

Cityscape Global returns to Riyadh in November 2025

Azad Properties, Apparel Group partner to introduce leading international and regional retail concepts to Souq7
Azad Properties has signed a landmark leasing agreement with Apparel Group, one of the region’s leading retail conglomerates, to bring a curated portfolio of globally recognized and high-performing retail and F&B concepts to Souq7 in Jeddah.Under this partnership, 13 retail and dining destinations will be introduced at Souq7, collectively spanning approximately 9,000 square meters of gross leasable area. The mix includes established favorites such as Wings Stop, R&B, Tim Hortons, Allo Beirut, Nando’s, Skechers, Grand Centre, Cold Stone, BBZ, Crocs, Babies and More, Sushi Library, and Beverly Hills Polo Club.Set to open in Q4 2025, these new retail experiences are part of a phased activation strategy that reinforces Souq7’s positioning as a next-generation urban destination, where...
July 30, 2025

Azad Properties, Apparel Group partner to introduce leading international and regional retail concepts to Souq7

Keeta reaches 11 new cities in Saudi Arabia
Keeta, the international subsidiary of Meituan, announced on Tuesday the latest phase of its expansion across Saudi Arabia, further strengthening its commitment to empowering local businesses and the Saudi communities.With this milestone, Keeta now serves 20 cities across the Kingdom, including the 11 new additions: Hail, Tabuk, Abha, Khamis Mushait, Jazan, Najran, Al Jubail, Buraydah, Hafar Al Batin, Yanbu and Taif. These join major hubs already served, including Riyadh, Jeddah, Makkah, Madinah and the Greater Dammam area, solidifying Keeta’s growing presence across the country.As part of its launch in these new cities, Keeta has introduced tailored partnerships, special offers, and community-focused initiatives designed to support local merchants and welcome new users. These include...
July 29, 2025

Keeta reaches 11 new cities in Saudi Arabia

Amazon.sa prime members set to save big during seven-day sale from July 25 to 31
Amazon.sa is gearing up to release thousands of incredible deals and deep savings to Prime members during this year's Prime Day sale event in Saudi Arabia, from July 25 (starting at 00:01am local KSA time) until July 31. It's not too late to join Prime for only SAR 16/month, or SAR 140/year, at www.amazon.sa/prime to access Prime Day, and enjoy the full set of benefits included in the membership, such as free and fast delivery and Prime Video.This year's Amazon.sa Prime Day is offering seven full days of deals for Prime members to enjoy across more than 30 product categories including everyday essentials, school must-haves, electronics, fashion, beauty, kitchen, home, toys, and Amazon Devices. Deals will span across a wide range of local and international brands, including...
July 29, 2025

Amazon.sa prime members set to save big during seven-day sale from July 25 to 31

Jotun Saudi commemorates 40 years of innovation and growth
Jotun, one of the world's leading manufacturers of paints and coatings, is celebrating 40 years of successful operations in Saudi Arabia, marking four decades of contribution to the Kingdom’s most iconic landmarks and infrastructure development.Since establishing its first Saudi operations in 1985, Jotun has become deeply embedded in the nation’s architectural heritage, protecting and beautifying structures that define the Saudi skyline.Since the inception of the Kingdom’s modern infrastructure development through to today’s ambitious megaprojects, Jotun’s protective and decorative coatings have preserved majority of iconic landmarks that symbolize Saudi Arabia’s progress.“Our success over the past 40 years is built on a strong team, deep-rooted values, and a stable...
July 28, 2025

Jotun Saudi commemorates 40 years of innovation and growth

Next >
footer logo
COPYRIGHT © 2025 WWW.SAUDIGAZETTE.COM.SA - ALL RIGHTS RESERVED
Powered by NewsPress
NEWS CATEGORY
saudi arabia world opinion business sports esports life
COMPANY
advertisements about us Epaper contact us Archive privacy policy