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stc group achieves outstanding financial performance with highest historical revenues reaching SAR58 billion for the 9 months period, and a 14.8% growth in net profit after excluding the non-recurring items
stc announced the company’s preliminary financial results for the period ending at 30 September 2025: •Revenues for the 9 months period of 2025 reached SAR57,924 million with a growth of 2.58% as compared to the comparable period last year.•Gross Profit for the 9 months period of 2025 reached SAR27,908 million with an increase of 5.70% as compared to the comparable period last year after excluding the non-recurring items.•Operating Profit for the 9 months period of 2025 reached SAR10,834 million with an increase of 2.42% as compared to the comparable period last year after excluding the non-recurring items.•Earnings before Interest, Taxes, Zakat, Depreciation and Amortization (EBITDA) for the 9 months period of 2025 reached SAR18,497 million with an increase of 5.72% as compared...
November 03, 2025

stc group achieves outstanding financial performance with highest historical revenues reaching SAR58 billion for the 9 months period, and a 14.8% growth in net profit after excluding the non-recurring items

Mashail Alhassoun, Head of Presales, Middle East, HPE.
HPE’s Saudi-made servers, powered by AMD technology, highlight the Kingdom’s progress toward becoming a leading technology manufacturing hub
As Saudi Arabia enters a new era of technological evolution, Hewlett Packard Enterprise (HPE), a global leader in computing solutions, is manufacturing its industry-leading servers locally, marking a significant step toward the Kingdom's technological sovereignty and innovation. This initiative, a focal point of HPE's investment in the region, transfers high-tech manufacturing knowledge to the local workforce and creates a robust ecosystem for innovation right here in Riyadh. The facility incorporates IoT monitoring systems that optimize production efficiency while maintaining HPE's stringent global quality standards. The state-of-the-art production facility, established in partnership with local manufacturer alfanar, now operates at a capacity of 700 servers per month and...
November 03, 2025

HPE’s Saudi-made servers, powered by AMD technology, highlight the Kingdom’s progress toward becoming a leading technology manufacturing hub

Ariston and Shaker Group celebrate 30 years of partnership in Saudi Arabia, marking three decades of Italian heritage
Ariston, the leading home appliances brand with Italian heritage, and Shaker Group (Al-Hassan Ghazi Ibrahim Shaker Co.), Saudi Arabia’s leading importer of home appliances, announced the celebration of their 30-year strategic partnership in the Kingdom of Saudi Arabia.This significant milestone marks three decades of bringing high-quality and innovative home appliances with Italian design to the Saudi market, solidifying a relationship built on trust, shared values, and a mutual commitment to enhancing home comfort for thousands of consumers across the Kingdom.The three-decade-long alliance, with Shaker Group's extensive distribution network and strong local presence, has effectively established Ariston as a leading home appliance brand in Saudi Arabia. The successful partnership...
November 03, 2025

Ariston and Shaker Group celebrate 30 years of partnership in Saudi Arabia, marking three decades of Italian heritage

Prominent presence for the International Medical Center at the 8th Global Health Exhibition in Riyadh
The International Medical Center (IMC) participated in the 8th edition of the Global Health Exhibition 2025, held under the patronage of the Ministry of Health from October 27–30 at the Riyadh Exhibition and Convention Center.This year’s participation stood out with its remarkable diversity and momentum marked by the announcement of major expansion projects, the signing of several key agreements, recognition and appreciation from senior Ministry of Health officials, and the large turnout of visitors eager to explore IMC’s unique programs and pioneering initiatives.IMC’s booth had the honor of welcoming Fahad Al-Jalajel, Minister of Health, followed by Eng. Abdulaziz bin Hamad Al-Rumaih, Deputy Minister of Health, both of whom reviewed IMC’s latest expansion projects and its...
November 03, 2025

Prominent presence for the International Medical Center at the 8th Global Health Exhibition in Riyadh

TikTok: Q4 is not just a season. It is a set of behaviors
Every year, the final quarter does more than compress demand into a few holiday spikes. Q4 layers global sales moments like Black Friday, Singles' Day, and Cyber Monday with regional celebrations such as Saudi and UAE National Days, plus a dense calendar of festivals and travel. The result is sustained, behavior-shaping momentum from October through December, not just one-day peaks. In fact, TikTok research found that two thirds of people in MENA shop outside major sales events, and spend spreads across the quarter rather than clustering on a single date. More than half of its users report making unplanned purchases after seeing videos, which signals a broader shift toward discovery-led shopping. Brands that plan for Q4 as a sequence of behaviors, not an isolated "event", will win....
November 03, 2025

TikTok: Q4 is not just a season. It is a set of behaviors

Ajdan Real Estate Development participates in Cityscape Global 2025 – Riyadh as a Diamond Sponsor.
Ajdan shines at Cityscape Riyadh 2025 as Diamond Sponsor for second consecutive year
Ajdan Real Estate Development Company is participating in Cityscape Global Riyadh 2025 as a Diamond Sponsor for the second consecutive year. The event will be held at the Riyadh Exhibition and Convention Centre – Malham from November 17 to 20. “Ajdan” showcases its diverse portfolio of residential, commercial, and hospitality developments at its unique pavilion (H1.B50), highlighting its ambitious vision to create modern, sustainable destinations and environments aligned with Saudi Vision 2030 objectives. The participation will also involve Ajdan's leaders attending several panel discussions, where they will present integrated visions of modern concepts for the future of urban development in Saudi Arabia, and share their expertise and insights on creating distinctive urban...
November 03, 2025

Ajdan shines at Cityscape Riyadh 2025 as Diamond Sponsor for second consecutive year

HONOR partners with Al Hilal for an impressive half-time show celebrating the launch of the HONOR X9d 5G
As the HONOR X9d 5G made its debut in the Saudi market last night, global AI device ecosystem company HONOR joined forces with Al Hilal Football Club to deliver a half-time experience fans will never forget at the Al Hilal vs Al Shabab match held at Kingdom Arena, Riyadh. The collaboration celebrated the launch of the “Unbreakable AI Smartphone”, a device designed to withstand the unexpected while delivering sleek style and powerful performance. Through this impressive, one-of-a-kind show, HONOR transformed the stadium into a stage for innovation, strength, and unforgettable fan experiences. An unforgettable Half-Time Show for fansDuring half-time, fans witnessed a spectacular display as the HONOR X9d 5G took to the skies, carried mid-air by a drone and shown live on the stadium’s...
November 02, 2025

HONOR partners with Al Hilal for an impressive half-time show celebrating the launch of the HONOR X9d 5G

Wesam Medical Holding Company and McLaren Health Care to establish a specialized hematology and oncology hospital in Riyadh
Wesam Medical Holding, a Saudi healthcare investment company, announced the signing of a strategic memorandum of understanding (MOU) with the US-based McLaren Health Care, one of the largest healthcare networks in Michigan and the operator of the Karmanos Cancer Institute. The agreement aims to establish a specialized hematology and oncology hospital in Riyadh, as one of the deals announced on the Global Health Exhibition, which was held in Riyadh from October 27-30, 2025.This partnership represents a significant milestone in Saudi Arabia’s healthcare sector, representing McLaren’s entry into the Kingdom to provide comprehensive, integrated services for hematology and oncology patients, aligning with the objectives of the Health Sector Transformation Program and Saudi Vision 2030 to...
November 02, 2025

Wesam Medical Holding Company and McLaren Health Care to establish a specialized hematology and oncology hospital in Riyadh

Saudi Arabia assumes chairmanship of INTOSAI
Saudi Arabia solidified its global leadership in public financial auditing and accounting by winning the chairmanship of the International Organization of Supreme Audit Institutions (INTOSAI). The announcement was made during the 25th General Assembly of INTOSAI, held in Sharm El-Sheikh under the patronage of President Abdel Fattah El-Sisi of the Arab Republic of Egypt. The General Assembly declared Saudi Arabia, represented by the General Court of Audit (GCA), as the Chair of INTOSAI starting in 2031 for a three-year term. Saudi Arabia will host delegations from over 195 countries, led by the heads of Supreme Audit Institutions, assuming leadership of the world’s foremost organization in financial and performance auditing. This role positions Saudi Arabia to steer global efforts in...
October 31, 2025

Saudi Arabia assumes chairmanship of INTOSAI

Burjeel Holdings Signs Strategic MoUs to Strengthen Healthcare Collaboration at Global Health Exhibition 2025 in Riyadh
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, announced the signing of several key Memorandum of Understanding (MoUs) during the Global Health Exhibition 2025 in Riyadh, reinforcing its commitment to advancing healthcare collaboration, innovation, and expansion in alignment with Saudi Arabia’s Vision 2030.The agreements reflect the Group’s strategy to build strong partnerships that enhance patient access, strengthen operational efficiency, and support the Kingdom’s health transformation goals.Burjeel Holdings signed an MoU with Bupa CareConnect, an insurance company and physio homecare provider, to collaborate on referring patients for home physiotherapy programs through PhysioTherabia, the Kingdom’s largest physiotherapy and wellness network....
October 30, 2025

Burjeel Holdings Signs Strategic MoUs to Strengthen Healthcare Collaboration at Global Health Exhibition 2025 in Riyadh

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