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In "BUSINESS"
October 21, 2025
ROX launches new flagship ADAMAS SUV in Abu Dhabi
Lulu Retail has expanded its footprint in Saudi Arabia by opening a new hypermarket in the Asal Center Tuwaiq in Riyadh. This move aligns with the Kingdom’s Vision 2030, aimed at boosting the economy and creating more job opportunities.The new store was officially inaugurated by Mohammed A. AlAhamri, Assistant Deputy Minister of Integrated Investors Services at the Ministry of Investment. During the inaugural ceremony, AlAhamri was accompanied by Turki AlAjlan, Board Member of Riyadh Chamber, Matar Salem Ali Marran AlDhaheri, Ambassador of UAE to Saudi Arabia, Dr. Suhel Ajaz Khan, Ambassador of India to Saudi Arabia, Yusuffali M.A, Chairman of Lulu Group, and other dignitaries.“We’re proud to continue our expansion in Saudi Arabia. This hypermarket reflects our commitment to Vision...
October 20, 2025
Lulu opens new hypermarket in Tuwaiq, Riyadh
Mozn, a regional leader in enterprise AI technologies, has entered into a strategic agreement with AlRajhi Bank, aimed at supporting the bank’s efforts in combating financial fraud through Mozn’s AI-driven financial crime prevention platform, FOCAL. Saudi Arabia’s economic transformation is accelerating, and digital finance now stands as a key driver of the Kingdom’s pursuit of economic excellence. In 2024, electronic payments made up 79% of all retail transactions, up from 70% in 2023, with 12.6 billion non-cash payments processed across Saudi Arabia. This strategic pivot, underpinned by advanced digital infrastructure, highlights the Kingdom’s commitment to building a strong digital economy.Amid this rapid digital shift, FOCAL by Mozn offers capabilities that are essential in...
October 19, 2025
AlRajhi Bank partners with Mozn to harness AI in the fight against fraud
Trendyol, one of the world’s leading e-commerce platforms, is bringing its signature style to Riyadh this month with a pop-up experience celebrating the Trendyol Collection x Rahaf AlHarbi, alongside a curated edit of other fashion and beauty must-haves. Running from October 13 to 27 at Al Nakheel Mall in Riyadh, the Trendyol Pop-up invites visitors to shop, discover, and create content in an engaging and interactive setting.The collection features this season’s standout pieces, from cozy knits and tailored blazers to romantic chiffon dresses, statement accessories, and must-have beauty essentials from Trendyol Beauty, offering something for every occasion.On October 16, Rahaf AlHarbi, one of Saudi Arabia’s most-loved fashion and lifestyle creators, will make a special in-store...
October 15, 2025
Trendyol x Rahaf AlHarbi unveil immersive Fall/Winter pop-up experience in Riyadh
Splash Fashions, the Middle East’s leading fashion retailer, has unveiled its much-anticipated Winter Collection just in time for the cool season.The collection celebrates the art of transitional dressing, where lightweight layers, cozy textures, and bold style statements come together to create an effortlessly wearable wardrobe.Leading the campaign is Maya Diab, the Lebanese superstar and Splash fashion ambassador, known for her bold, trendsetting style. A singer, actress, and fashion icon across the Arab world, Maya perfectly embodies the essence of the Splash woman — confident, expressive, and effortlessly chic.This season’s aesthetic draws inspiration from heritage prints, bohemian layers, and nostalgic touches from the 1970s and 1980s, reimagined through a modern,...
October 15, 2025
Splash unveils new winter collection featuring Maya Diab
October 14, 2025
Nestlé Saudi Arabia signs Strategic MoU with King Abdullah University of Science and Technology to advance research and innovation in food and agriculture in Saudi Arabia
OMODA&JAECOO is evolving from offering single models to a full-fledged product matrix.Leveraging its advanced hybrid technology, AUTO PARK system, and ADAS system, the brand has achieved a comprehensive leap forward in design, powertrain performance, safety, and intelligence. It is committed to delivering an efficient, safe, and user-friendly mobility experience that meets global high standards.In October 2025, the OMODA&JAECOO International User Summit is set to kick off. Under the theme of CO-CREATE CO-DEFINE and with the future vision of Dare to be NO.1, this event will bring together global users to jointly explore new possibilities for future mobility.Leveraging its Full-Chain 4.0 Strategy, the brand will interpret its new heights through four key pillars: Global Product Evolution,...
October 13, 2025
OMODA&JAECOO entire family upgrades; intelligent driving experience to debut at OMODA&JAECOO International User Summit 2025
Arcapita Group Holdings Limited (“Arcapita”), the global alternative investment firm, announced the exit of ARC US Industrial Portfolio VI, a Class A industrial distribution facility located in Dallas-Fort Worth (DFW), Texas, and fully leased to Federal Express Corporation (“FedEx”), under a long-term triple net lease.The asset was acquired by Ares Management, a leading global alternative investment manager.The property, which spans 776,629 square feet, was acquired by Arcapita in January 2021 and strategically selected for its proximity to major interstate highways, intermodal rail terminals, and FedEx’s second-largest US distribution hub located just four miles away.The facility serves as a critical node in FedEx’s logistics network, benefitting from a dense population base...
October 13, 2025
Arcapita exits FedEx distribution facility to Ares
October 12, 2025
King Mohammed VI signals continuity of inclusive development agenda, with Gulf investment interest rising
October 08, 2025
Dar wa Emaar launches Saraya Al Ruba in Riyadh with a total value of SR1.7 billion amid strong market demand
