Industries

Nadec unit breaks ground on SAR 2 bn livestock facility in Hail

Nadec had secured a SAR 1.1 bn loan to finance the project

Smart food city is in the works in Najran

The Najran Investment Forum wrapped up with SAR 639 mn in signed agreements

Over SAR 428 mn in Saudi-Dutch agriculture agreements signed in Amsterdam

Among them is a SAR 76 mn investment to establish a French fries factory

Agreements + initiatives worth SAR 8.5 bn signed at Hail Investment Forum

The forum brought together government entities, the private sector, and international investors

Lucid starts fresh with new CEO + new funds from PIF, Uber

Funds including PIF, Mubadala, and QIA deployed nearly USD 25 bn in 1Q 2026, despite…

Trump says regional war is approaching its end

Morgan Stanley upgraded Saudi’s rating to “overweight”

Jazan hits the gas on EUR 10 bn auto project

The new deal follows a 12-day investment mission to China

Tesla debuts in Saudi Arabia, riding the wave of rising EV demand

Riyadh’s center is now open, with Jeddah’s set to follow by year-end.

THIS MORNING: Dar Al Arkan eyes fixed-rate USD financing

Rising deposits bolster Saudi banks’ liquidity amid slower credit expansion

Net foreign assets inch up, import financing slows down in March

Import financing has slowed down amid the Hormuz disruptions

THIS MORNING: Hormuz closed (again)

Good morning, ladies and gents. It has been an interesting weekend, to say the least.…

Saudi banks are under pressure as Iran conflict threatens liquidity, asset quality -Fitch

The rating agency warns that a deterioration beyond its base case could lead to downgrades…

More flights to China in the cards? Plus: Tourism, healthcare, manufacturing

Plus: Amazon pays USD 1.9 mn to contract workers after finding labor issues in its…

Saudi cabinet greenlights GCC railway plans

The project is a 2.1k-km railway that aims to link the six GCC member states

THIS MORNING: Saudi inflation to stay “contained” in 2026, says ENBD

Sab Invest debuts as Saudi’s first ETF market maker

A market playing defense defines TASI’s flat April performance

TASI was down 0.6% in April as investors are hitting pause and adjusting

Startups looking to IPO in Saudi Arabia are plenty — but early-stage readiness remains an obstacle

Saudi’s venture-backed IPOs stand apart from peers thanks to high valuations and capital intensity

Saudi leads the fight against new IMO levy on shipping emissions

A Saudi-led statement to the IMO warned that the new levy could “endanger exports from…

Environment Fund unveils SAR 1 bn green financing initiative

The program aims to attract private sector investment

FDI + oil ports make the rounds

Ras Tanura and Yanbu oil ports are threatened by rising sea levels

COP16 drought talks end without agreement

Twelve days of talks come to a close with no agreement on strategies to fight…

Saudi General Food Security Authority awards latest wheat tender

Plus: Jamjoom Pharma to acquire Pfizer’s KAEC manufacturing plant

BIS flags bubble-like conditions in gold, US equities

The bank noted this is the first time in at least five decades that equities…

Sabco, Bechtel Australia tapped for new Maaden gold mine

The 3.6 mn-ounce mine is set to produce 300k ounces annually

Trump’s steel, aluminum tariffs plan sees non-US metal stocks fall and US steel stocks rise

Analysts are warning of stagflation risks as Trump's new trade war escalation fuels market uncertainty

Madinah props up contract awards in April

April was the busiest month so far this year by project count

Construction Index climbs 2% in March

Labor, machinery, energy, and materials all surged in March as Hormuz’s effect hit the numbers

New rules clear path for Egyptian contractors to join Saudi housing and utilities market

25 Egyptian firms have already been cleared as Saudi expands its supplier base for local…

War jitters hit Saudi tenders as March awards slump

Only 25 major contracts worth USD 11.8 bn were awarded during the month

Aya bags SAR 26 mn in a Series A round led by Raed Ventures

The fresh funds will be used to support Aya’s next stage of expansion

Dar Al Majed + SPM secure shariah-compliant financing

PLUS: Naqel Express taps India’s Unicommerce for e-commerce logistics

Lifestyle malls, digital adoption drive Saudi retail market

Riyadh leads Saudi retail with 4.17 mn sqm GLA and 2.2 mn more due by…

Parsons secures SAR 210 mn contract for Diriyah Phase 2 development

ALSO- 2P locks in a SAR 426.3 mn shariah-compliant credit facility from Saudi Awwal Bank

EFG Hermes launches brand for Saudi-led education platform amid growth drive

MindSpire is doubling down on its position as a regional group brand, putting an Egyptian…

Almasar Education wraps up Tadawul IPO, with retail portion 1.2x oversubscribed

The company is set for a SAR 2 bn market cap at listing.

Saudi Arabia’s labor market skill gap is costing us

Automation disruption is responsible for half of the losses

Al Jouf Agricultural bags loan to expand French fries factory

ALSO- Roshn Group to cooperate with the Municipal and Rural Affairs and Housing Ministry to…

Saudi crude exports fall to record lows in March

Plus: Esports hosting honors shift from Riyadh to Paris

Is Aramco on a USD 35 bn privatization push?

Aramco’s new wave of divestments could span gas plants, export terminals, and its headquarters campus

THIS MORNING: Ziorak moves towards parallel market debut

Aramco holds LPG prices steady for May amid tighter global market

Opec+ raises June output as the cartel’s old order quietly unravels

Seven down, one out: Seven Opec+ producers agreed yesterday to increase production by 188k bbl…

Spice wants to fill fine dining’s funding gap with an alternative model

Restaurants get funding upfront by pre-purchasing dining credit

Railways galore

Plus: Globalization is dead, Mohamed El Erian says

Show me the Money 20/20

The agreements cover funding, investments, e-commerce, fintech, and more

Lendo secures USD 690 mn facility led by JP Morgan

The funding will be earmarked to boost Lendo’s lending capacity

HPDC finalizes its SAR 8 bn investment in MBRF’s Sadia Halal

Sadia is currently gearing up for a Tadawul listing

The Iran war could force a rewrite of Saudi ’s food security strategy

Saudi still relies heavily on imports to meet its food security needs

Tihama to acquire Dan Diamond Real Estate for an estimated SAR 90.7 mn

ALSO- Umm Al Qura sold a 2.7k sqm land plot for SAR 145.1 mn within…

Almarai finalizes SAR 1 bn takeover of Pure Beverages

ALSO: Dammam adds 162 new industrial units to fire up SME growth

Fakeeh Care moves to full ownership of Al Fagih

This is the latest in a wave of consolidation among the Kingdom's listed hospital operators

BinDawood secures GAC green light for majority stake in Vaza Food

Plus: Mawani set a 15-day cap on transit storage fee exemption periods

Health Ministry inaugurates health projects worth over SAR 1.6 bn in Hail

PLUS: Aqaseem Factory to acquire 40% of Leader Express

Almoosa Health awards construction contract for Alkhobar hospital

Excavation and site leveling are already complete, with construction now ready to kick off

Civilian digital infrastructure moves to the front line: DCO

Digital systems are no longer viewed as backend technology layers

Why planning Saudi water strategy just got a lot more complicated

While localized water systems offer wartime security, their steep economic costs and energy requirements complicate…

Aseer readies its infrastructure for World Cup hosting duties

Chinese contractors are building a 130-km road between Abha and Jizan for an initial SAR…

Shelved gigaprojects + regional conflict weigh on 1Q 2026 Saudi project contract awards

The downturn was led by construction, with awards dropping more than 60%

Taiba locks in SAR 2.4 bn Madinah hotels JV with Osool

The duo will collaborate to develop and operate three hotels in Madinah

Saudi travel market anchors uneven regional rebound

The airlines learned valuable lessons from Covid

A Saudi-US venture is building a 50-hotel network in Saudi Arabia

Ayara will add 5k-7k rooms to our hotel room capacity by 2029

Marriott to develop five new hotels + Governata raises USD 4 mn in seed round

The Marriott projects will add more than 2.7k rooms to the market

Coco Gauff takes home WTA Finals trophy in Riyadh

PLUS: Sama cuts rates, following in the Fed’s footsteps

Saudi-Brazilian venture eyes 26% stake in Addoha Poultry

PLUS: Ades Holding closes Southeast Asia’s jack-up rigs acquisition

First batch of Saudi-made Lenovo devices slated for 2026 release

KSA’s Lenovo facility is expected to run at full capacity before the end of 2026

Investment Ministry, Satorp to expand Amiral petrochemical complex’s downstream industries

The upgrade aims to boost the Kingdom’s advanced manufacturing capabilities

Supply chain woes halt production at Sadara’s Jubail complex

The ongoing conflict with Iran is strangling the region’s supply chains

Masar Destination construction is back on + A USD 200 mn battery material plant from Northern Graphite

PLUS: PIF partners with RSAH to build aluminum complex in Yanbu

Americana in Adnoc stations, Local firms awarded gravel sites, Fintech Arib raises USD 23.5 mn

Americana Restaurants and Adnoc partner for a multi-market outlet expansion plan

Investors are piling into mining and metals

Inflows into the assets, which are powering AI, defense, and energy, are on the up

Mining stocks are winning as AI boosts demand for metals

Demand for metals is increasingly decoupling from traditional economic cycles

Jeddah Metro plans are getting back on track

PLUS: Lots of Saudi-led defense pacts across the region

Aramco’s USD 32.5 bn 1Q is a verdict on infrastructure redundancy

The East-West Pipeline allowed crude to bypass Hormuz entirely

Saudi’s safety valve for oil exports takes a hit

Disruption of the East-West pipeline stifles the Kingdom’s only oil export workaround and reduces throughput…

Oil production ramp-up could trim Saudi’s deficit in 2026, says ADCB

Higher oil prices and a post-conflict production ramp-up may trim the Kingdom’s budget gap more…

Could Hormuz closure disrupt global crop yields?

While Gulf growers have several weeks of buffer stock, prolonged blockages will inevitably filter into…

Farabi inaugurates USD 950 mn petrochem plant in Yanbu

The facility expands Farabi’s annual LAB capacity by 120k tons

New petroleum law requires companies, exporters to obtain license

The new law enforces strict penalties, including fines up to SAR 30 mn and prison…

KSA + Philippines ink energy MoU on energy

PLUS: Petro Rabigh and China’s Jiahua Chemicals mull new petrochem facility in Rabigh

Aramco reportedly scraps plans for Ras Al Khair refining and chemical plant

The oil giant is gearing its downstream operations towards Asia

Financial watchdog warns of gaps in USD 2 tn private credit sector

Opaqueness and a lack of data are making the outlook murkier, just as more and…

Is market panic about private credit overblown?

Conservative structure and long-term capital lock support the sector against disruptions

Western private credit markets face a stress wave over AI and transparency concerns

Some funds limited withdrawals to avoid selling illiquid loans at large reductions

Global private equity activity slows down due to AI-related risks, geopolitical tensions

Buyout activity dropped by 36% q-o-q to USD 172 bn in 1Q 2026, while exits…

Residential real estate sales plunge in 1Q on affordability, war uncertainty

An ongoing affordability squeeze already had buyers on the fence, regional conflict froze them there

THIS MORNING: Aramco explores USD 10 bn sale and leaseback of its real estate portfolio

Real Estate General Authority finishes digital mapping for the capital’s urban areas

Vacant property tax regulations near enforcement

Geographic zones will have different fees based on vacancy rates and costs

Retal goes regional with SAR 3.1 bn Omani development

The firm’s net income dropped by 12.9% y-o-y to SAR 59.3 mn in 1Q

Baan acquires over SAR 830 mn in real estate assets

Plus: Riyad establishes a USD 400 mn real estate fund

Hassan Allam + AlBawani to work on USD 490 mn Museum of Contemporary Art

PLUS: Alinma Bank eyes sukuk sale, Al Ramz, SNB Capital plan a real estate fund

Sumou Holding lands in Egypt with EGP 70 mn project

The project is a blueprint for using Saudi money and Egyptian building expertise to develop…

Real estate prices fall further, easing 1.6% in 1Q 2026

The price index dropped by 1.6% y-o-y during the quarter

PIF cuts the LIV Golf cord

It’s official — The PIF is done throwing USD bns at LIV Golf. The Public…

THIS MORNING: No more Met Opera investment?

PLUS: Meet our new national coach

Saudi’s sports sector is expected to reach SAR 85 bn by 2030

Plus: Yanbu crude loadings dropped to 3.5 mn bbl / d last week

LIV Golf funding uncertainty sparks questions over PIF sports strategy

Global media points to tighter capital discipline and a reassessment of sports priorities within PIF’s…

Cerebras pops on first day of trading in biggest year for AI in capital markets yet

The IPO is the first of several potential blockbusters that could make this the year…

THIS MORNING: PIF reviews Newcastle’s infrastructure plans, league performance

Cloudsdcs launches Saudi operations to help Saudi government clients navigate data residency

Cisco appoints Bader Almadi as new vice president

Almadi will oversee strategy and commercial operations, focusing on AI infrastructure and partnerships

Iran threats blur the line between tech infrastructure and military targets

The risk profile of the AI boom is changing overnight

Iran war weighs down on Meta’s subsea cable plans in the Gulf

Even when the shooting stops, the rollout won’t resume immediately

UPDATE: AWS signals its Mideast services aren’t coming back online soon after taking three drone strikes

Amazon is telling clients to move services out of the Middle East for now

Dubai’s data center outage exposes vulnerable region ecosystem

Data sovereignty issues and the cost of infrastructure make data centers a highly centralized risk…

Battery energy storage, grid infrastructure investments are needed to support the massive data center and energy buildout that’s coming -Actis’ Sherif El Kholy

Actis is eyeing investments in data centers and supportive infrastructure in the UAE, Saudi Arabia,…

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