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Saudi: Al Rajhi Takaful’s net profits up to over $53mln in H1-25

Riyadh: Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) reported net profit after Zakat attributable to the shareholders worth SAR 202.36 million in the first half (H1) of 2025, up 0.61% from SAR 201.13 million in H1-24. Meanwhile,...

Saudi: Lajeem Sports posts 9.5% higher revenues in H1-25

Riyadh: Leejam Sports Company generated net profits worth SAR 143 million in the first half (H1) of 2025, marking an annual fall of 14.37% from SAR 167 million. Meanwhile, the revenues increased by 9.41% to SAR 744 million in the first six months...

Saudi: Nahdi Medical generates over $1bln revenues in H1-25; dividends announced

Riyadh: Nahdi Medical Company recorded net profits valued at SAR 493.60 million in the first half (H1) of 2025, up 2.68% year-on-year (YoY) from SAR 480.70 million. Revenues amounted to SAR 5.16 billion as of 30 June 2025, marking an annual rise...

Government to transform education infrastructure with Saudi funded school projects

Government to transform education infrastructure with Saudi funded school projects

The Education Component of projects funded by the Saudi Fund for Development has been allocated just under 30 million dollars That’s according to Minister of Finance and Economic Planning Camillo Gonsalves. The Minister said the money will be used...

Saudi TGA launches autonomous delivery vehicle pilot program

Saudi TGA launches autonomous delivery vehicle pilot program

Transport General Authority (Saudi TGA) has launched a pilot program for autonomous vehicle delivery services, under the patronage of Dr. Rumaih bin Mohammed Al-Rumaih, Vice Minister of Transport and Logistic Services and Acting President of TGA....

Nawaz, Maryam discuss defense, economic ties with Saudi envoy

Nawaz, Maryam discuss defense, economic ties with Saudi envoy

The president of Pakistan’s ruling Muslim League-Nawaz (PML-N) party Nawaz Sharif and his daughter, Punjab Chief Minister Maryam Nawaz, met Saudi Ambassador Nawaf bin Said Al-Malki on Thursday to discuss strengthening bilateral defense, political...

Trump Slams Canada's Support for Palestinian Statehood, Warns of Trade Consequences

Trump Slams Canada's Support for Palestinian Statehood, Warns of Trade Consequences

President Donald Trump put Canada on notice Thursday that its plans to recognize a Palestinian state in September will directly impact its ability to finish a new trade deal with the United States. “Wow! Canada has just announced that it is...

Saudi FM Endorses Final Document of Two-State Solution Conference, Urges Global Support

Saudi FM Endorses Final Document of Two-State Solution Conference, Urges Global Support

On behalf of the Kingdom of Saudi Arabia, the French Republic, and the main participating countries in the working groups of the international conference, Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah endorsed the final...

BRF launches chilled chicken line in Saudi Arabia

BRF launches chilled chicken line in Saudi Arabia

Brazilian firm targets 10% market share in 18 months Brazilian meat processor BRF is launching its first line of chilled chicken products produced in Saudi Arabia, according to a statement sent to Reuters on Wednesday, aiming to get a 10% share of...

Global Perspective: Expectations rising for African economic growth, democratization

Global Perspective: Expectations rising for African economic growth, democratization

A man, center, in Niamey, the capital of Niger, is seen surrounded by his wife, children and grandchildren in this photo taken in May 2023. (Mainichi/Mitsuyoshi Hirano) By Akihiko Tanaka, Emeritus Professor, The University of Tokyo From Aug. 20 to...

New solar thermal and forward osmosis desalination pilot completed in Saudi Arabia

New solar thermal and forward osmosis desalination pilot completed in Saudi Arabia

King Abdullah City for Atomic and Renewable Energy (KACARE), in partnership with the Saudi Water Authority (SWA), has completed the development of an integrated water desalination system in Riyadh that uses solar thermal energy combined with...

Saudi: Qiwa sets 60-day window before reporting worker as absent under new contract rules

RIYADH — Qiwa platform has introduced updates to the employment contract system that impact how employers can report workers as "absent from work." According to the platform, an employer can only submit such a request if the worker’s residency...

Over 1.2 million Umrah pilgrims arrive in Saudi Arabia since Dhul Hijjah 15

Over 1.2 million Umrah pilgrims arrive in Saudi Arabia since Dhul Hijjah 15

Saudi Gazette report MAKKAH — The Ministry of Hajj and Umrah announced that over 1.2 million Umrah pilgrims have arrived in Saudi Arabia since the start of the current season on Dhul Hijjah 15, with visitors coming from 109 countries around the...

Saudi Company discusses Petrochemical Partnership in Basra

By John Lee. Iraq's Minister of Industry and Minerals, Khaled Battal Al-Najm, chaired a meeting at the Ministry's headquarters to explore a potential partnership agreement with Saudi company Ajyal for the establishment of a petrochemical complex...

Saudi: DGDA in deal to boost environmental sustainability in Diriyah

Saudi: DGDA in deal to boost environmental sustainability in Diriyah

Diriyah Gate Development Authority (DGDA) and the National Center for Waste Management (MWAN) signed a memorandum of understanding to enhance cooperation in waste management, support environmental sustainability, and raise public awareness within...

Saudi: KACARE completes solar-powered desalination project in Riyadh

King Abdullah City for Atomic and Renewable Energy (KACARE), in collaboration with the Saudi Water Authority (SWA), has completed the development of an integrated water desalination system using solar thermal energy and forward osmosis technology...

Saudi: EEC, Al Tahaluf ink deal for KAEC residential communities

Emaar, The Economic City (EEC), the master developer of King Abdullah Economic City (KAEC), has signed an agreement with Saudi-American real estate venture Al Tahaluf for the development of two premium residential communities in the Al Murooj...

Saudi: Mawani announces new shipping service linking Jeddah

The Saudi Ports Authority (Mawani) has announced the addition of a new shipping service 'AR2 Asia Red Sea,' operated by Wan Hai Lines Company to Jeddah port. The step aims to enhance the competitiveness of Saudi ports on the global maritime...

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

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,...

Saudia to expand operations in Nigeria with Transblue partnership

Saudia to expand operations in Nigeria with Transblue partnership

In a groundbreaking move to strengthen economic ties and enhance air travel between Nigeria and Saudi Arabia, Saudi Arabian Airlines (Saudia) has forged a strategic partnership with Transblue Nigeria Limited. This collaboration aims to expand...

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