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Mabanee expands The Avenues Riyadh financing to SAR 11.4 bn

1

WHAT WE’RE TRACKING TODAY

THIS MORNING: Dammam Global City’s first phase to take off by late November

Good morning, ladies and gents. We have a brisk issue for you this morning, led by Mabanee expanding financing for the Avenues Riyadh project to SAR 11.4 bn. Meanwhile, the upcoming visit by Crown Prince Mohammed bin Salman to Washington is set to see Riyadh push for a defense pact — and against closer ties with Israel.


BUT FIRST- Introducing EnterpriseAM MENA <> India, our new briefing, published every Monday, Wednesday, and Friday, to track the transactions, trends, and market moves connecting these two dynamic regions. The flow of capital, talent, and trade between MENA and the Indian subcontinent is one of the most important economic stories in the world. And we’re telling it the way only we can.

The very first edition will be sent out today at 8am KSA time / 9am UAE time. If you’re investing, trading, or scouting for your next big move in MENA or India, subscribe to EnterpriseAM MENA <> India by tapping here to get the strategic intelligence you need.



HAPPENING TODAY-

WEATHER- Misty skies are expected along parts of the Eastern Region and Dammam today, with patches of dense fog reducing visibility at times, while light rain is expected to fall over Makkah, Al Baha, and Asir. The rest of the Kingdom is to have clearer skies.

  • Riyadh: 29°C high / 14°C low.
  • Jeddah: 35°C high / 25°C low.
  • Makkah: 35°C high / 23°C low.
  • Dammam: 31°C high / 16°C low.

PSA-

Title deed registration for 47.3k properties in Riyadh, Al Qassim, and the Eastern Province kicks off today and runs until 12 February 2026, state news agency SPA reported yesterday. Owners can register through the Real Estate Registry platform or at service centers.

WATCH THIS SPACE-

The Eastern Province Mayoralty will launch the first phase of the Dammam Global City project by the end of the month, Saudi Gazette reported last week. This initial phase involves a SAR 200 mn investment of the project’s total SAR 600 mn, said Faisal Al Zahrani, a spokesman of the mayoralty.

Project details: Spanning 600k sqm between Dammam and Qatif, the global village developed in partnership with unnamed Thai investors will feature 16 country-themed pavilions, a 240k-sqm artificial lake with a floating restaurant, a 10k-seat open-air amphitheater, a 17k-sqm amusement park, and an outdoor skating rink.

This is set to be one of two global villages in the Kingdom, along with the 2 mn sqm Expo 2030 site — located around Wadi Al Sulai, north of Riyadh — which will be transformed into a global village when the event wraps up.


The Kingdom aims to increas emid- and upper-mid-range hotel keys for Hajj and Umrah performers, Tourism Minister Ahmed Al Khateeb told Reuters on the sidelines of the annually-held UN Tourism General Assembly, hosted by Riyadh for the first time. “We started with building luxury destinations for luxury travellers. And we have already started building destinations for the middle class and upper middle class,” Al Khateeb said.

Saudi plans to double the Two Holy Mosques visitors to 30 mn, amid wider plans to attract 150 mn visitors annually by 2030, with at least 50 mn from abroad.

ALSO- Ten new resorts are set to open in the upcoming months on the PIF-owned Red Sea Global’s Sheybarah Island, offering a “much lower price point" than other resorts, Al Kateeb added.


The General Directorate of Passports (Jawazat) will soon launch a digital self-deportation platform for illegal residents, Saudi Gazette reported, citing Acting Director General Major General Saleh Al Murabba as saying during the Digital Government Forum. Jawazat will also introduce a smart tracking system for travelers to get their identities verified via smart cameras, with up to 35 identities verified simultaneously.

SPORTS-

Kazakhstan’s Elena Rybakina stole the spotlight at the WTA Finals in Riyadh, cruising past Belarus’s Aryna Sabalenka in straight sets to claim the singles crown. Belgian Elise Mertens and Russian Veronika Kudermetova took the doubles trophy after a clean sweep over Brazil’s Luisa Stefani and Hungary’s Tímea Babos.

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***

THE BIG STORY ABROAD-

The US Senate voted to end the 40-day government shutdown, after a group of Senate Democrats supported an agreement to fund some departments and agencies until 30 January, passing the Senate in a 60 to 40 vote. The amended federal funding package will have to go through the House of Representatives and land on President Trump's desk before the shutdown can officially end, which could take several days.

The longest shutdown on record heavily weighed down on the US economy, putting federal workers on leave, delaying food aid and slashing airport trips, while also delaying the release of key economic figures on employment, inflation and oil trading. (CNBC | Washington Post | Reuters | Financial Times)

ALSO- Head of the BBC and its top news executive both resigned yesterday, following criticism of the broadcaster’s editing of a speech by President Trump on 6 January 2021. (Associated Press)

This publication is proudly sponsored by

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2

REAL ESTATE

Mabanee expands The Avenues Riyadh financing to SAR 11.4 bn

Kuwait-based real estate developer Mabanee signed new agreements to expand financing for The Avenues Riyadh project, adding SAR 2.4 bn to its existing funding, the company said in a disclosure to Boursa Kuwait yesterday. The company also secured a new SAR 3.5 bn loan dedicated to The Avenues Riyadh Towers, bringing the total financing of the project to SAR 11.4 bn, with a repayment period of 14.25 years.

What we know: The additional funding will back the ongoing construction and development of the large-scale mixed-use destination, which will feature a shopping mall, three hotels, an office tower, and a residential tower.

More about the megaproject: The SAR 17.2 bn Avenues Riyadh project will cover 390k sqm with a total built-up area of 1.9 mn sqm, housing residential towers, hotels, entertainment venues, retail spaces, and offices. The development is a JV between Shomoul Holding and regional architecture and engineering firm Pace. Construction kicked off in 1Q 2022, with the development scheduled to open its doors in 4Q 2026. The project had reached a completion rate of 44.5% as of August 2024.

IN CONTEXT- The Saudi arm of Mabanee signed two contracts worth a combined SAR 1.1 bn in February to develop towers in the second phase of The Avenues Riyadh. The company signed a SAR 656 mn agreement to construct three towers for Alghanim International Al Saudia, and another SAR 475 mn agreement with Ahmadiah Contracting and Trading for two additional towers.

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DIPLOMACY

Riyadh to prioritize defense pact, push back on closer ties with Israel in US visit

Crown Prince Mohammed bin Salman’s long-awaited visit to Washington — his first in seven years — comes with both Riyadh and Washington seeking to steer the talks toward their own agendas. While Saudi aims to secure a US defense pact, a civilian nuclear program, and F-35 fighter jets, US President Donald Trump seems to be bent on pushing towards Saudi joining the Abraham Accords during the visit reportedly scheduled for 18 November.

Saudis want a defense pact: Saudi officials are steering discussions toward assistance for a civilian nuclear program and a new US-Saudi defense pact — an arrangement expanding cooperation on advanced technology, military training, and security coordination, Reuters reported yesterday. The pact, modeled after a US-Qatar framework, stops short of the full, Congress-ratified treaty Riyadh initially sought, but could include provisions allowing future administrations to elevate it into a treaty.

A stepping stone: The pact, which could evolve into a broader security framework, would also fast-track arms sales and deepen defense industry collaboration, though it might include conditions limiting Saudi technology partnerships with China. “It’s not the treaty they want — they might not see it as perfect, but it’s a stepping stone.” David Makovsky of the Washington Institute told the newswire.

A centerpiece of the visit could also be a potential sale of 48 F-35 fighter jets to the Kingdom — a transaction worth bns of USD that is currently under review from the Pentagon. Lockheed Martin CEO Joseph Rank confirmed last week that once approved, the company would deliver the jets and localize up to 60% of manufacturing in the kingdom under Vision 2030’s defense industrialization goals.

.. and Trump eyes normalization with Israel: Trump has been vocal about his wish for the Kingdom to join the UAE, Bahrain, and Morocco (and most recently Kazakhstan) in the Abraham Accords, expressing confidence that the Kingdom will “very soon” normalize ties with Israel now that a Gaza ceasefire is in place.

Riyadh does not seem to be budging: The official stance remains that no normalization will go forward without a credible roadmap to Palestinian statehood. Saudi government representatives have reportedly conveyed this stance through diplomatic channels ahead of the visit, insisting on “alignment” with Washington before any public statements are made, two unnamed sources told the newswire. Chances of progress appear to be dim as long as Israeli Prime Minister Benjamin Netanyahu remains staunchly opposed to Palestinian statehood.

AND- The Saudi public appears to be overwhelmingly against the step: The most recent poll in December 2023 showed that 96% of Saudis are in favor of cutting all ties with Israel as protest against the Gaza war.

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CAPITAL MARKETS

Three Saudi companies dropped from MSCI Global Standard Indexes in latest rebalancing

The MSCI November 2025 index review saw 11 changes involving Saudi-based firms, with all adjustments set to take effect after market close on 24 November 2025, according to MSCI’s Global Standard (pdf) and Global Small Cap Indexes Review (pdf).

The Kingdom recorded no additions to the MSCI Global Standard Indexes, while Nahdi Medical Company, and Luberef were removed from the benchmark. Al Rajhi for Cooperative Ins. moved into the Small Cap Index.

Over at the Small Cap Index: Three companies were added to the MSCI Global Small Cap Index — Al Rajhi for Cooperative Ins., Flynas, and Specialized Medical Center. Meanwhile, five firms exited, including Alandalus Property Company, Mediterranean & Gulf Ins., Saudi Advanced Industries, Saudi Public Transport Company, and Walaa Cooperative.

ICYMI- We sat down last month with Raman Subramanian, MSCI’s global head of index R&D and chair of its Index Policy Committee, to talk about how the GCC went from having no weight in MSCI’s emerging markets index a decade ago to commanding nearly 7% today, and what that means for regional liquidity, institutional participation, and the road to developed market status.

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EARNINGS WATCH

Senaat, Tasnee, Maharah and more report 3Q earnings

SENAAT-

Advanced Building Industries (Senaat) saw its net income rise to SAR 28.2 mn in 3Q 2025, up from SAR 7.1 mn in the same period a year earlier, it said in a disclosure to Tadawul. The increase was partially driven by higher gross and operating income in the steel and insulation sectors. Meanwhile, revenue dipped 3.9% y-o-y to SAR 1.58 bn over the same period on lower sales in the air conditioning and construction sectors.

In the first nine months of 2025, Senaat’s net income grew y-o-y to SAR 77.2 mn from SAR 18.6 mn, while its revenue rose 6.4% to SAR 4.6 bn.

TASNEE-

The National Industrialization Company (Tasnee) moved into the red in 3Q 2025, recording a net loss of SAR 558.5 mn, compared to a net income of SAR 89 mn in the same period last year, it said in a disclosure to Tadawul yesterday.

Revenue also declined 16.5% y-o-y to SAR 859.7 mn over the same period, weighed down by lower selling prices and volumes across most products, the share of losses from joint ventures and associates, a SAR 367 mn impairment of investment in Tronox Holdings, lower finance income, and higher zakat expenses.

On a 9M basis, Tasnee’s net income jumped 289% y-o-y to SAR 271 mn, while its revenue slipped 9.5% y-o-y to SAR 2.5 bn.

MAHARAH HUMAN RESOURCES-

Maharah Human Resources’ net income jumped 96.3% y-o-y to SAR 44.5 mn in 3Q 2025, according to a disclosure to Tadawul. Revenue grew 41.4% y-o-y to SAR 789.7 mn over the same period, aided by 51% growth across its corporate segments and 19% growth across individual segments.

On a 9M basis, the company’s net income increased 7.4% y-o-y to SAR 133.3 mn, while its revenue climbed 39.8% y-o-y to SAR 2.3 bn.

TANMIAH FOOD-

Tanmiah Food swung into the red in 3Q 2025 with a net loss of SAR 15.8 mn, compared to a net income of SAR 24.1 mn in the same quarter a year earlier, the company said in a disclosure to Tadawul. The drop came due to pricing pressures in the fresh poultry segment, inflationary costs, and higher financing expenses. Meanwhile, revenue declined 6.6% y-o-y to SAR 614.2 mn during the quarter, impacted by weaker sales in the animal feed and health products segment.

In the first nine months of 2025, Tanmiah’s net income fell 94.8% y-o-y to SAR 3.6 mn, while its revenue rose 3.3% y-o-y to SAR 1.9 bn.

JAHEZ INTERNATIONAL-

Jahez International Company for Information Technology saw its net income fall 21.9% y-o-y to SAR 62.6 mn in 3Q 2025, weighed down by weaker order volumes and softer food delivery demand amid increased market competition, it said in a disclosure to Tadawul. Revenue slipped 11.3% y-o-y to SAR 533.3 mn in the quarter as gross merchandise value dropped during the summer season.

In the first nine months of 2025, the company’s bottom line shed 1.1% y-o-y to SAR 121.5 mn, while its top line marginally inched up to SAR 1.6 bn.

RETAL-

Our friends at Retal Urban Development saw their net income jump 48.3% y-o-y to SAR 65.7 mn in 3Q 2025, driven by higher completion rates on ongoing development projects, the developer said in a disclosure to Tadawul yesterday. Revenue rose 32.5% y-o-y to SAR 676.4 mn over the same period, marking the company’s highest quarterly revenue since inception.

On a 9M basis, the company’s net income increased 13.5% y-o-y to SAR 211.6 mn, while its revenue grew 17.4% y-o-y to SAR 1.7 bn.

ALSO- Retal Urban signed a SAR 927 mn contract with its 80%-owned subsidiary BuildingConstruction Limited to build 901 residential villas for Jubail and Yanbu Industrial Cities Services Company in Jubail city, it said in a separate disclosure yesterday. The turnkey project, which has no preferential terms, will take 27 months to be completed.

ALKHORAYEF WATER-

Alkhorayef Water and Power Technologies’ net income increased 73.2% y-o-y to SAR 69.6 mn in 3Q 2025, according to a disclosure to Tadawul. Revenue grew 33.5% y-o-y to SAR 601.6 mn during the quarter, driven by growth in the wastewater, water, and integrated water solutions segments, supported by new projects.

On a 9M basis, the company’s net income climbed 18.3% y-o-y to SAR 189.4 mn, while its revenue rose some 40% y-o-y to SAR 1.9 bn.

AL HAMMADI HOLDING-

Our friends at Al Hammadi Holding’s net income dropped 34.4% y-o-y to SAR 51.9 mn in 3Q 2025, mainly weighed down by higher employee costs, operating expenses, and credit loss provisions, it said in a disclosure to Tadawul yesterday. Revenue edged up 1.5% y-o-y to SAR 294.9 mn, driven by a 20.9% increase in pharma sales, which helped offset lower patient footfall in medical services during the extended summer holiday.

On a 9M basis, the company’s net income declined 28.1% y-o-y to SAR 187.8 mn, while its revenue grew 7.7% y-o-y to SAR 895 mn.

Dividends: Al Hammadi’s board approved a SAR 32 mn dividend payout for 3Q 2025 at SAR 0.2 apiece, it said in a separate disclosure. The distribution date is set for Thursday, 27 November.

ALSO-The company’s board approved a new dividend policy starting from 3Q 2025, under which the company plans to distribute at least 60% of its quarterly net income to shareholders over the next four years, it said in a separate disclosure. The policy is still subject to shareholders' approval at the next general assembly meeting.

6

MOVES

Al Waleed Abdelaziz Al Nasser named permanent CEO of Seera Holding

Travel giant SeeraGroup Holding promoted Al Waleed Abdelaziz Al Nasser (bio) to be its permanent CEO, after serving as the acting CEO since April 2024, it said in a Tadawul disclosure yesterday. Al Nasser has been serving as the company’s vice president since 2016. He brings over two decades of experience, having held many executive roles at several local firms.

(** Tap or click the headline above to read this story with all of the links to our background and outside sources.)

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SAUDI IN THE NEWS

The Line’s recalibration is under the spotlight

The Line is once again on the radar, with the Financial Times diving deep into the megaproject’s scale and cost challenges. Neom’s 170 km-long mirrored megacity reportedly met a slew of practical, financial, and environmental hurdles that weighed down its development, the salmon-colored paper cited interviews with former employees. Plans have reportedly been drastically scaled back, with the 2030 first phase reduced to three modules from the 20 originally planned, and key components, like the international airport, delayed or halted.

(** Tap or click the headline above to read this story with all of the links to our background and outside sources.)

ALSO- The group of smaller companies braving the muted Saudi IPO market has drawn Bloomberg’s attention. Cherry Trading and Almasar Alshamil Education are moving forward with listings despite a subdued and cautious equity market, while Consolidated Grünenfelder Saady Holding (CGS) and Alramz Real Estate are in the pipeline. Success of the listings will hinge on pricing discipline as investor focus has shifted from “first-day pops” to long-term fundamentals, with most Saudi IPOs this year trading below their offer prices.

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ALSO ON OUR RADAR

Stc Group completes MEA’s first 7 GHz 6G trial with Nokia and CST

TELECOMS-

STC Group completed the Middle East and Africa’s first 7 GHz bandwidth trial for 6G technologies in collaboration with the Communications, Space, and Technology Commission and Nokia, it said in a statement on Thursday. The trial tested the band’s potential for ultra-fast connectivity, smart cities, and next-generation industrial applications.

REFRESHER- STC Group and Nokia completed the first-ever 1 terabit-per-second (Tbps) long-haul field trial in the Middle East and Africa earlier this year. The initiative aimed at expanding the region’s data center network capacity and ramping up data transmission speeds over distances of up to 850 km.

(** Tap or click the headline above to read this story with all of the links to our background and outside sources.)

DEBT WATCH-

Real Estate investment solution provider Binbar Investment and CMA-licensed private investment Joa Capital launched the Mrhoon Fund, a SAR 500 mn fund touted as Saudi Arabia’s first to provide direct financing secured by lease and usufruct contracts, according to an emailed statement (pdf) to EnterpriseAM.

The details: The fund, technically advised by Rabeh, will offer up to SAR 20 mn in shariah-compliant financing tools to Saudi companies and allow businesses to use their operational assets as collateral, aiming to support private sector growth and diversify funding sources.

STARTUP WATCH-

#1- Homegrown AI-powered fraud detection platform Rased closed an undisclosed pre-seed funding round led by Aramco’s Wa’ed Ventures and Share Investment, with participation from several unnamed investors, it said in a statement. The firm was established in 2022 by Talal Al Badrani (LinkedIn) and Mostafa Al Salehy.

#2- Local business solutions platform Workey secured a “strategic” funding round that participation from Falak Investment Hub, it said in a statement. The company will use the undisclosed funding to back its growth plans and launch its first version. The company provides digital bookings across over 120 locations within the Kingdom, offering rooms for private and shared offices, company headquarters, meetings, and events, along with giving access to trusted business service providers and integrated support for startups and foreign investors.

PHARMA-

Saudi Spimaco to turn Egyptian unit into export hub: The Saudi Pharma Industries & Medical Appliances Corp. (Spimaco) plans to expand its operations in Egypt and transform its local subsidiary into an export base for African, GCC, and — at a later stage — European markets, Managing Director Ahmed Aljedai said during a press conference attended by EnterpriseAM. The move follows the resumption of commercial production at Spimaco Egypt last week — after a two-year hiatus — marking a reversal of an earlier board decision to exit the market following pandemic-related losses. The Saudi parent, which holds a 91% stake in its Egyptian arm, is now studying a full acquisition of the remaining shares.

FINANCIAL SERVICES-

The Capital Market Authority granted BIM Capital a license to conduct arranging activities in the securities sector, having met the regulator’s business requirements, the authority said in a statement yesterday.

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PLANET FINANCE

Crypto adoption is picking up across the MENA region, but who is leading the change?

The MENA region stands as a dynamic hub for cryptocurrency adoption, with over USD 60 bn in transactions recorded at the end of 2024 — despite economic and geopolitical tensions, according to a report from blockchain analysis firm Chainalysis. Growth has slowed down compared to last year, yet it remains strong, showing the sector’s resilience and versatility across diverse national contexts. Regional crypto adoption grew 33% y-o-y in the fiscal year 2024-2025, with Turkey, the UAE, Egypt, Jordan, and Saudi Arabia leading the regional index.

(Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

Leading the region is Turkey, with nearly USD 200 bn in annual transactions between July 2024 and June 2025 — driven by inflation and currency instability that have pushed institutions toward crypto as an alternative investment tool. However, while institutional activity remains robust in the sector in a manner that was “rarely seen in emerging markets facing similar pressures,” retail participation shrank due to affordability issues, tighter regulations, and growing speculative altcoin trading.

As for the UAE, it saw its crypto economy grow 33% y-o-y in the fiscal year to record USD 56 bn in annual transactions. It has charted a contrasting path of regulated, institutional growth, attracting major players while also witnessing a boom in merchant-level crypto use. While this growth rate is slower than the 86.4% rate seen in the previous period, “it still demonstrates steady continuity in the country’s crypto economy.”

The bigger picture: India led the 2025 Global Crypto Adoption Index, followed by the US, Pakistan, Vietnam, and Brazil.

Redefining crypto’s place in global financial systems: “As the region continues to face economic and geopolitical challenges, these adaptation patterns offer valuable insights into digital assets’ evolving role in the global financial landscape,” the report said.

MARKETS THIS MORNING-

Asian markets are mixed in early trading this morning as investors digest China’s inflation data which was released over the weekend. South Korea’s Kospi is up 2.8%, while Japan’s Nikkei and the Hang Seng are looking at more modest gains. The Shanghai Composite is flat.

TASI

11,244

-0.5% (YTD: -6.6%)

MSCI Tadawul 30

1,465

-0.3% (YTD: -3.0%)

NomuC

24,354

-0.4% (YTD: -22.6%)

USD : SAR (SAMA)

USD 3.75 Sell

USD 3.75 Buy

Interest rates

4.5% repo

4.0% reverse repo

EGX30

40,822

+2.2% (YTD: +37.3%)

ADX

10,075

+0.5% (YTD: +7.0%)

DFM

6,025

+0.1% (YTD: +16.8%)

S&P 500

6,729

+0.1% (YTD: +14.4%)

FTSE 100

9,683

-0.6% (YTD: +18.5%)

Euro Stoxx 50

5,567

-0.8% (YTD: +13.7%)

Brent crude

USD 64.04

+0.6%

Natural gas (Nymex)

USD 4.45

+3.2%

Gold

USD 4,061

+1.3%

BTC

USD 106,500

+4.4% (YTD: +13.3%)

Sukuk/bond market index

916.43

0.0% (YTD: +1.6%)

S&P MENA Bond & Sukuk

151.95

+0.1% (YTD: +8.6%)

VIX (Fear gauge)

19.08

-2.2% (YTD: +10.0%)

THE CLOSING BELL: TADAWUL-

The TASI fell 0.5% yesterday on turnover of SAR 3 bn. The index is down 6.6% YTD.

In the green: SIDC (+5.0%), Zoujaj (+3.8%) and Walaa (+3.5%).

In the red: Tanmiah (-9.9%), ACIG (-8.6%) and Senaat (-7.9%).

THE CLOSING BELL: NOMU-

The NomuC fell 0.4% yesterday on turnover of SAR 12.5 mn. The index is down 22.6% YTD.

In the green: Horizon Educational (+15.0%), Alqemam (+10.0%) and Food Gate (+7.6%).

In the red: Naf (-8.6%), Aictec (-7.1%) and Mayar (-7.1%).

CORPORATE ACTIONS-

Molan Steel Company submitted a rights issue application to the Capital Market Authority to double its capital to SAR 53.2 mn from SAR 26.6 mn, following a board recommendation last month, it said in a disclosure to Tadawul yesterday. The capital hike is subject to regulatory and shareholders approvals.


NOVEMBER

10 November (Monday): Last chance for businesses subject to withholding tax to file their October tax returns via Zatca’s website.

10-12 November (Monday-Wednesday): BioFach Saudi Arabia, Riyadh International Convention & Exhibition Center.

11-13 November (Tuesday-Thursday): TouriseSummit, Riyadh.

16-17 November (Sunday-Monday): Jeddah Fintech Week 2025, Jeddah Hilton, Jeddah.

17-20 November (Monday-Thursday): Cityscape Global, Riyadh Exhibition and Convention Centre, Riyadh.

18 November (Tuesday): Crown Prince Mohammed bin Salman’s visit to Washington.

19-22 November (Wednesday-Saturday): PIF Saudi International Golf Championship, Riyadh Gold Club.

20 November (Thursday): Deadline for title deed registration for 14.6k properties across 21 neighborhoods in Qassim.

22 November (Saturday): The Ring IV, ANB arena, Riyadh.

23-26 November (Sunday-Wednesday): Saudi Food Exhibition and Conference, Riyadh.

23-27 November (Sunday-Thursday): Global Industry Summit by United Nations Industrial Development Organization, Riyadh.

24-26 November (Monday-Wednesday): The World Advanced Manufacturing & Logistics Saudi Expo, Riyadh.

24-26 November (Monday-Wednesday): Metropolis Madinah Conference for civilizational capitals, King Salman International Convention Centre (KSICC), Al Madinah.

25-26 November (Thursday-Saturday): The Global Sustainability Expo, The Arena Riyadh Venue, Ghirnatah.

25-29 November (Thursday-Monday): General Aviation Airshow 2025 - Sand & Fun, Riyadh.

27 November (Saturday): Deadline for title deed registration for 8.7k properties in Jeddah’s Al Sheraa and Al Amwaj neighborhoods.

27-30 November (Thursday-Sunday): World Rally Championship Saudi Arabia 2025, Jeddah.

28-30 November (Friday-Sunday): UIM F1H2O World Championship, Jeddah.

30 November (Sunday): Zatca 21st E-invoicing integration wave deadline.

30 November-1 December (Sunday-Monday): FII Priority Asia Summit, Tokyo.

DECEMBER

1-3 December (Monday-Wednesday): Industrial Transformation Saudi Arabia, Riyadh International Convention & Exhibition Center.

1-4 December (Monday-Thursday): International Conference on Nuclear and Radiological Emergencies, Riyadh.

1-4 December (Monday-Thursday): 61st ISOCARP World Planning Congress, Riyadh.

3-5 December (Wednesday-Friday): Beyond Profit Forum, Ritz-Carlton Hotel, Riyadh.

7-9 December (Sunday-Tuesday): CoMotion Global 2025, Riyadh.

8-9 December (Monday-Tuesday): Digital Acceleration and Transformation Expo (DATE), JW Marriott hotel, Riyadh.

8-9 December (Monday-Tuesday): Climate Action and Renewable Energy (CARE), JW Marriott hotel, Riyadh.

9-10 December (Tuesday-Wednesday): Federal Open Market Committee meeting and Summary of Economic Projections.

11 December (Thursday): Deadline for title deed registration for 214.2k properties across Riyadh and the Eastern Province.

15-17 December (Monday-Wednesday): Host Arabia, Riyadh Front Exhibition and Conference Center.

15-17 December (Monday-Wednesday): Saudi HORECA, Riyadh Front Exhibition and Conference Center.

16-17 December (Tuesday-Wednesday): Global Airports Forum (GAF) 2025, Riyadh International Convention and Exhibition Center, Riyadh.

19 December (Friday): The 2025 Saudi Toyota Championship wraps up.

25 December (Thursday): Title title deed registration deadline for 64.4k properties across neighborhoods in Madinah, Makkah, Riyadh, and the Eastern Province.

25-27 December (Saturday-Monday): The Fortune Global Forum 2025, Riyadh.

31 December (Wednesday): Zatca 22nd E-invoicing integration wave deadline.

31 December (Wednesday): Cancellation of Fines and Exemption of Financial Penalties Initiative by the Zakat, Tax and Customs Authority (Zatca) deadline.

December: Made in Saudi exhibition, Riyadh International Convention and Exhibition Center, Riyadh

2026

JANUARY

1 January (Thursday): Title deed registration deadline for 54k properties in 77 neighborhoods across Riyadh, Makkah, and the Eastern Province.

1 January (Thursday): Electronic salary transfer via the Musaned platform becomes mandatory for all domestic workers in the Kingdom.

13-15 January (Tuesday-Thursday): Future Minerals Forum, King Abdul Aziz International Conference Center, Riyadh.

15 January (Thursday): Title deed registration deadline for 31.7k properties in 14 neighborhoods in the Eastern Province.

15 January (Thursday): Title deed registration deadline for about 157.3k properties in 78 neighborhoods across the Eastern Province.

15 January (Thursday): Title deed registration deadline for about 41.7k properties across 115 neighborhoods in Riyadh, Qassim, and the Eastern Province.

20 January (Tuesday): SuperReturn Saudi Arabia, Hotel Fairmont, Riyadh.

18-21 January (Sunday-Wednesday): Saudi Hospital Design and Build Expo, Riyadh.

26-27 (Monday-Tuesday): GPRC Summit, Riyadh.

26-28 (Monday-Wednesday): Saudi Franchise Expo (SFE), Riyadh Exhibition and Convention Centre, Riyadh.

26-28 (Monday-Wednesday): Real Estate Future Forum, Four Seasons Hotel, Riyadh.

26-28 (Monday-Wednesday): IFAT Saudi Arabia, Riyadh Front Exhibition & Conference Center, Riyadh,

27-28 (Tuesday-Wednesday): SkyMove Air Cargo MENA, Riyadh.

28 (Wednesday): Data Center Nation Riyadh, Riyadh.

28-30 (Wednesday-Friday): Jeddah International Travel and Tourism Exhibition (JTTX), Jeddah.

FEBRUARY

2-4 (Monday-Wednesday): Saudi Media Forum, Riyadh.

2-4 (Monday-Wednesday): Women Leaders Summit and Awards KSA, Riyadh.

2-13 (Monday-Friday): 2026 Asian Road Cycling Championship and Paralympic Cycling, Qassim.

3-4 (Tuesday-Wednesday): RLC Global Forum Annual Meeting, Riyadh.

5-7 February (Thursday-Saturday): LIV Golf 2026 season opener, Riyadh Golf Club, Riyadh.

8-12 February (Sunday-Thursday): World Defense Show, Riyadh International Convention and Exhibition Center, Riyadh.

9-10 February (Monday-Tuesday): Global Games Show Riyadh 2026, Malf Hall, Riyadh.

9-14 February (Monday-Saturday): Asian Racing Conference, Crowne Plaza Riyadh RDC Hotel & Convention Centre, Riyadh.

11 (Wednesday) Digital Transformation Summit Saudi Arabia (DTS), Riyadh.

11-14 (Wednesday-Saturday): JeddaDerm, Jeddah.

13-14 February (Friday-Saturday): Jeddah E-Prix 2026, Jeddah.

MARCH

21 March (Saturday): Fanatics Flag Football Classic, Kingdom Arena, Riyadh.

31 March (Tuesday): Zatca’s 23rd E-invoicing integration wave deadline.

APRIL

6 April (Monday): Procurement and Supply Chain Futures Forum, Al Faisaliah Hotel, Riyadh.

6-7 April (Monday-Tuesday): Real Estate Supply Chain Forum, Al Faisaliah Hotel, Riyadh.

12-15 April (Sunday-Wednesday): Saudi Print & Pack, Riyadh International Convention & Exhibition Center.

12-15 April (Sunday-Wednesday): Riyadh International Industry Week, Riyadh International Convention & Exhibition Center.

12-15 April (Sunday-Wednesday): Saudi Plastics & Petrochem, Riyadh International Convention & Exhibition Center.

12-15 April (Sunday-Wednesday): Saudi Smart Logistics, Riyadh International Convention & Exhibition Center.

13-16 April (Monday-Thursday): Leap Tech Conference, Riyadh Exhibition & Convention Center - Malham.

20-22 April (Monday-Wednesday): The Future Hospitality Summit, Mandarin Oriental Al Faisaliah Al Faisaliah Hotel, Riyadh.

20-22 April (Monday-Wednesday): Saudi Paper and Packaging Expo, Riyadh International Convention & Exhibition Center.

21 April (Tuesday): GC Summit Saudi Arabia 2026, Saudi Arabia.

27-29 April (Monday-Wednesday): Aluminum Arabia, The Arena, Riyadh.

MAY

3-5 May (Sunday-Tuesday): Sports Investment Forum (SIF), Riyadh.

OCTOBER

26-29 October (Monday-Thursday): World Energy Congress, Riyadh.

Signposted to happen sometime in 2026:

  • November: UN Trade and Development Global Supply Chain Forum to take place in Saudi Arabia.
  • November: The Esports Nations Cup, Riyadh.
  • The Intervision international music competition will take place in Saudi Arabia.
  • 6 July-23 August (Monday-Sunday): Esports World Cup, Riyadh.

Signposted to happen sometime in 2027:

  • The World Water Forum takes place in Riyadh.
  • The Ocean Race finishes in Amaala on the Red Sea.
  • Riyadh-Kudmi transmission line to be completed.

Signposted to happen sometime in 2Q 2027:

  • The Hail Region Water Networks Project is expected to be completed.
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