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11 - 20 from 16622 . In "BUSINESS"
Taiba launches its New Identity, showcasing Forward Hospitality and the Charm of Welcome
Taiba has officially launched its new corporate identity at a ceremony held in Riyadh, marking a pivotal milestone in the company’s brilliant journey. This transformation positions Taiba as a fully integrated Saudi hospitality platform, reflecting its leadership and role in shaping the future of the Kingdom’s hospitality sector across investment, development, hotel operations, and real estate management.Taiba’s transformation represents a defining step in the company’s history, as it draws from the deep-rooted traditions of Saudi hospitality to present the world with a new experience under the brand theme “The Charm of Welcome”. The new identity captures the brand’s essence and source of inspiration, symbolizing authenticity, warmth, and openness to the world.Built on a...
October 02, 2025

Taiba launches its New Identity, showcasing Forward Hospitality and the Charm of Welcome

Sumerge exhibited at Money 20/20 Middle East.
Sumerge takes the stage at Money 20/20 Middle East, shares valuable insights on AI and emerging technologies transforming the financial sector
Sumerge, a leading software development and IT consulting company, exhibited at Money 20/20 Middle East from the 15th till the 17th of September, where their experts shared insights both on stage and across the exhibition floor.CTO, Mohamed Nour engaged audiences in a powerful panel on AI regulation and open banking, while their team of expert consultants advised financial leaders on building seamless system integration, adopting AI responsibly and designing customer-centric digital experiences.Together, these efforts highlighted how emerging technologies are reshaping the financial sector and positioned Sumerge as not only a thought leader but also a transformation partner capable of guiding organizations from concept to implementation.The panel brought together Mohamed Nour and other...
October 02, 2025

Sumerge takes the stage at Money 20/20 Middle East, shares valuable insights on AI and emerging technologies transforming the financial sector

General Counsel and Head of the Legal Affairs Division at PIF Brian Gillespie.
PIF hosts second Legal Forum with over 600 experts to advance governance and collaboration
RIYADH — The Public Investment Fund (PIF) hosted the second edition of its Legal Forum in Riyadh on Wednesday, bringing together more than 600 senior legal professionals from PIF, its portfolio companies, leading law firms, and regulatory authorities to strengthen collaboration across the Kingdom’s legal ecosystem.Building on the success of the inaugural 2024 forum, this year’s event focused on partnering with portfolio companies’ legal departments, exchanging legal knowledge, and promoting operational efficiency.Participants also discussed legal dynamics of parent-subsidiary relationships, construction law, board responsibilities, government relations, and cross-border dispute resolution.Held under the theme “Charting Legal Horizons: Innovation, Governance, and Global...
October 01, 2025

PIF hosts second Legal Forum with over 600 experts to advance governance and collaboration

Lulu expands its presence in Saudi Arabia with new store in Taif
Strengthening its footprint across the Kingdom, Lulu Retail has officially opened its 70th store in Saudi Arabia, located in the suburban area of Taif.This new store marks a significant milestone in Lulu’s expansion strategy and demonstrates its ongoing commitment to the Saudi retail market.The new Lulu Hypermarket was inaugurated by Eng. Abdullah bin Khamis Al Zaidi, Mayor of Taif, in the presence of Nasser Huwaiden Thaiban Ali Alketbi, Consul-General of the UAE in Jeddah, Fahad Ahmed Khan Suri, Indian Consul General of Jeddah, and Yusuffali M.A., Chairman of Lulu Group.“This new hypermarket is designed to enhance the shopping experience for the people of Taif while contributing to local economic development and providing employment opportunities for the community,” said Yusuffali...
October 01, 2025

Lulu expands its presence in Saudi Arabia with new store in Taif

Saudi CMA opens consultation on allowing all foreign investors direct access to Main Market
RIYADH — The Capital Market Authority (CMA) has invited feedback on a draft proposal to open Saudi Arabia’s Main Market to all categories of non-resident foreign investors, enabling them to invest directly without restrictions.The consultation period will run for 30 days, ending on Oct. 31, 2025.The draft seeks to broaden and diversify the investor base, attract more capital, and boost market liquidity.If approved, it will eliminate the Qualified Foreign Investor (QFI) framework and abolish swap agreements, granting foreign investors full access to listed shares on the Main Market.By the end of the second quarter of 2025, international investor ownership in the Saudi market exceeded SR528 billion, with foreign investments in the Main Market reaching SR412 billion, a 471% rise from SR72...
October 01, 2025

Saudi CMA opens consultation on allowing all foreign investors direct access to Main Market

Biban 2025 to gather entrepreneurs, investors in Riyadh this November
Biban 2025 will take place in Riyadh from November 5 to 8 under the theme “A global destination for opportunities,” bringing together more than 200 local and international speakers. The event is set to host over 1,000 exhibitors and 150 participating entities from the public and private sectors, offering solutions in e-commerce, finance, investment, and business development. Organizers expect more than 140,000 visitors. Biban 2025 will feature seven main tracks — empowerment, finance and investment, franchising, startups, e-commerce, high-growth enterprises, and the marketplace — and will see the signing of key agreements and launches aimed at supporting SMEs and fostering entrepreneurship in line with Vision 2030.
October 01, 2025

Biban 2025 to gather entrepreneurs, investors in Riyadh this November

From urban areas to the countryside, JAECOO 5 enables elegant mobility experiences
The JAECOO 5 brings a mobile café into its trunk with its exceptionally large loading capacity and powerful expansion capabilities. With a roof load capacity of up to 75KG, it can carry equipment such as canopies, grills, and bicycles without worry, truly creating an expandable mobile living space that lets elegant living transcend urban boundaries. The refinement of the JAECOO 5 goes beyond its loading capacity, it also lies in its thoughtful consideration for every passenger. Its pet-friendly accessories allow your beloved pets to go out with peace of mind. At night, activate the karaoke mode and turn on the camping lights. With music and a gentle buzz, you can fully enjoy a relaxed and warm atmosphere shared by the entire family. With the arrival of JAECOO 5, this sense of ritual...
September 30, 2025

From urban areas to the countryside, JAECOO 5 enables elegant mobility experiences

CMA compensates 17,000 investors with SR1.196 billion in Dar Alarkan case
RIYADH — The Capital Market Authority (CMA) announced on Monday compensation worth SR1.196 billion for more than 17,000 investors affected by violations related to the shares of Dar Alarkan Real Estate Development Company.The violations, carried out by 17 individuals, led to a final ruling by the Appeal Committee for Resolution of Securities Disputes (ACRSD) on July 20, 2023.The ruling, stemming from a penal lawsuit filed by the Public Prosecution and referred by the CMA, ordered the violators along with five additional investors to pay back the illegal gains.Compensation amounts were deposited into investors’ accounts through the Compensation Fund, established by the CMA to streamline the payout process in line with a distribution plan approved by the CRSD.This ensured that...
September 29, 2025

CMA compensates 17,000 investors with SR1.196 billion in Dar Alarkan case

Arcapita successfully exits US portfolio of nine industrial assets
Arcapita Group Holdings Limited (“Arcapita”), the global alternative investment firm, announced Monday the successful exit of nine highly functional industrial real estate assets totaling 1.5 million square feet located in Indianapolis, Indiana.The portfolio was acquired by Capital Partners, a fully integrated logistics real estate specialist.The exit marks a successful outcome for Arcapita and its investors, delivered following a volatile macroeconomic environment shaped by significant interest rate increases.The portfolio—which included a mix of office, flex, and distribution facilities—delivered stable income and experienced meaningful value appreciation over the holding period.This underscored Arcapita’s disciplined investment strategy and its hands-on approach to asset...
September 29, 2025

Arcapita successfully exits US portfolio of nine industrial assets

Dr. Soliman Fakeeh Hospitals ranked among Newsweek’s World’s Best Smart Hospitals 2026
Dr. Soliman Fakeeh Hospitals in Jeddah and Riyadh have been ranked among Newsweek’s World’s Best Smart Hospitals 2026, a recognition that affirms their leadership in digital healthcare innovation and transformation. This global ranking highlights the hospitals’ pioneering use of advanced medical technologies including artificial intelligence, robotic surgery, digital imaging, and telemedicine. These technologies improve efficiency, enhance patient safety, and elevate the overall care experience.At the heart of Fakeeh Care’s smart healthcare ecosystem are: 1. AI-powered diagnostics and surgical planning. 2. ⁠“SiraTech” virtual assistant for patient support. 3. ⁠State-of-the-art robotic surgery platforms. 4. ⁠A real-time Operations Command & Control Center. 5. ⁠Robotic...
September 28, 2025

Dr. Soliman Fakeeh Hospitals ranked among Newsweek’s World’s Best Smart Hospitals 2026

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