A new GCC-focused renewables platform

1

WHAT WE’RE TRACKING TODAY

THIS MORNING: Saudi Super Cup kicks off in Hong Kong

Good morning, friends. Hump day this week is most certainly not a news dump day, giving us instead one of the quietest days we’ve seen in several weeks. Leading our news well this morning is US infrastructure investor Stonepeak launching a Gulf-focused renewables platform to work on utility-scale solar, wind, and battery storage projects.

HAPPENING TODAY-

The two-day retail subscription window for Marketing Home Group’s Tadawul IPO begins today, allowing individual investors to subscribe to a minimum of 10 shares and a maximum of 250k each until tomorrow. The final allocation of shares is slated for Sunday, 24 August.

REFRESHER- The company is floating a 30% stake (4.8 mn shares) in a secondary sale. The IPO was priced at SAR 85 per share — the top of its marketed range — after the institutional offering was nearly 10x oversubscribed. The offering is set to generate SAR 408 mn in total proceeds, giving the company an implied market cap of SAR 1.36 bn at listing, according to our math.

The Jazan Arts Club’s digital art exhibit Saudi Summer kicks off today at the Cultural House in Jazan, state news agency SPA reported on Sunday. The three-day event will feature digital pavilions, workshops, and training courses to showcase digital artworks by Saudis and residents.

WEATHER- Clouds are still gathering over the Kingdom, with moderate to heavy rain expected over Makkah, Madinah, Jazan, Asir, Al Baha, and Najran until the middle of next week, the National Center for Meteorology said on X. Meanwhile, Riyadh might see medium to light showers, with a high of 43°C and a low of 30°C today, and Jeddah’s mercury will go as high as 38°C and as low as 30°C. Makkah will see a 40°C high and 31°C low, while Madinah will see a 44°C high and 32°C low.

Natural rain is not enough: The Kingdom’s Regional Cloud Seeding Program is working on rain-enhancement operations in Riyadh, Hail, and Qassim as part of a plan to expand to six regions, including Makkah, Al Baha, and Asir, with eventual nationwide coverage. Cloud seeding has already created its first summer rain in Riyadh over the Rumah area earlier this month. The program aims to boost rainfall by up to 20%, provide an alternative water source, expand green areas, and combat desertification

PSAs-

#1- Tuwaiq Academy opened applications for over 200 camps and programs in 10 different tech fields for 4Q, it said on X yesterday. The initiative, which will be held in person in Riyadh or virtually, spans different tech fields, including programming and cybersecurity, data science and AI, cloud computing, UX/UI and virtual worlds, mechatronics engineering, game development, and drones. The initiative — aimed at building local talent — is in partnership with major global companies like Meta, Google, Nvidia, Amazon, and Huawei, CEO Abdulaziz Al Hammadi said.

#2- It’s the last day for Saudis to apply to the three-day AI Agents Development Program Sdaia Academy launched in partnership with US AI firm Groq to train Saudis on developing AI applications, the Saudi Data and Artificial Intelligence Authority (Sdaia) said on X. The program, which kicks off on 7 September, aims at building local talent, promoting advanced technology, accelerating AI adoption, and fostering innovation.

WATCH THIS SPACE-

The Kingdom plans to launch a strategic partnership with Mauritania in mining, fisheries, agriculture, and clean energy to tap into the West African nation’s vast resources, Chairman and CEO of Global Business Consulting Office Fawaz Alamy told Asharq Business on Sunday (watch, runtime: 8:23).

The two countries plan to establish Takamul, a joint venture between Saudi Iron and SteelCompany (Hadeed) and Mauritania’s state-owned mining company, to develop an iron ore mine with an annual output of 12-14 mn tons, Mauritania’s Ambassador to the Kingdom Mokhtar Ould Dahi told Asharq Al Awsat on Friday.

The Kingdom has already funneled major funding into Mauritania, investing USD 800 mn in recent years, Alamy said. Saudi funding includes USD 340 mn in active funding from the Saudi Fund for Development and another USD 315 mn from the Islamic Development Bank, Ould Dahi said.

Saudi Printing and Packaging Company (SPPC) is implementing a five-pillar strategy to improve its operations, it said in a Tadawul disclosure (pdf) yesterday. The strategy’s five pillars include increasing the profitability of its packaging products, divesting from low-priority sectors and assets, expanding its footprint in high-growth GCC markets, completing its debt restructuring program, and overhauling its organizational structure for more efficiency.

ICYMI- Earlier this week, SPPC sealed a SAR 75 mn financing agreement with major shareholder Saudi Research and Media Group to finance its working capital needs. Meanwhile, the company’s board recommended a capital reduction in May to absorb accumulated losses to below 50%. This follows the company’s request last December to the Capital Market Authority to convert SAR 73.7 mn in debts owed to Alinma Bank into capital — which is still under review by the regulator.

DATA POINTS-

The Kingdom’s foreign reserve assets fell 3% m-o-m to SAR 1.66 tn in July, Argaam reported yesterday, citing data from the Saudi Central Bank. Foreign currency reserves — which account for about 94% of total assets — slipped 2% y-o-y to SAR 1.57 tn in July.

Total written ins. premiums rose 14.7% y-o-y to SAR 26 bn in 1Q 2025, compared to SAR 22.7 bn, Al Watan reported yesterday. Meanwhile, Saudi travel ins. is expected to see its value widen from SAR 3.8 bn in 2024 to SAR 9.3 bn by 2030, Al Watan reported separately, citing data from Travel And Tour World.

SPORTS-

The Saudi Super Cup kicks off today in Hong Kong and wraps up next Saturday, 23 August, with four teams battling for the title — Al Ittihad, Al Qadisiyah, Al Nassr, and Al Ahli — the Saudi Arabian Football Federation (Saff) said in a presser yesterday.

The match schedule: Al Nassr will face Al Ittihad today at 3pm, while Al Qadisiyah and Al Ahli will go head to head tomorrow at 3pm. The teams that come out on top are set to clash on Saturday at Hong King Stadium.

AlSO- Saff and SMC inked an agreement with Leap East as the official partner of the Super Cup, the Cup said on X.

ICYMI- Al Hilal was fined SAR 500k earlier this month and banned from the 2026-2027 Saudi Super Cup after pulling out of this year’s tournament a month earlier due to scheduling conflicts following its participation in the Fifa Club World Cup, where playing in the Super Cup would violate mandatory 28-day player leave regulations. Al Hilal was set to Al Qadisiyah in the semis but was replaced by Al Ahli.

Karmine Corp took home the Rocket league trophy at the 2025 Esports World Cup after defeating Geekay Esports 4-1 in the grand final, earning USD 400k, according to a press release published yesterday. It was their second major victory of the year, earning them 1k Club Championship points and moving them into joint-eleventh, while Team Falcons secured third place over Team Vitality.

Former Al Hilal player Saud Abdulhamid became the first Saudi player to play in France’s Ligue 1, after playing as a second-half substitute in RC Lens’ 1-0 loss to Lyon in the opening round last Thursday, according to Saudi Gazette. RC Lens reached an agreement with Serie A side AS Roma to secure Abdulhamid on loan until June 2026, with a window to buy the player, sports journalist Fabrizio Romano posted on X earlier this month.

ICYMI- Last August, Abdulhamid joined Roma in a landmark move, becoming the first Saudi footballer to secure a permanent transfer to a top European league. Abdulhamid joined the Yellow and Reds from Hilal for a fee of EUR 2.5 mn, potentially rising to EUR 3 mn with bonuses.

***You’re reading EnterpriseAM Saudi, your essential daily roundup of business, economics, and must-read news about Saudi, delivered straight to your inbox. We’re out Sunday through Thursday by 7am Riyadh time.

EnterpriseAM Saudi is available without charge thanks to the generous support of our friends at Tas’heel and Hassan Allam Properties.

Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on saudi@enterpriseAM.com.

DID YOU KNOW that we also cover Egypt, the UAE, and the MENA logistics industry?

Were you forwarded this email? Tap or click here to get your own copy of EnterpriseAM Saudi delivered every weekday.
***

THE BIG STORY ABROAD-

The international press is focused on exactly two stories this morning: SoftBank investing in Intel, and US President Donald Trump’s meeting with Ukraine’s Volodymyr Zelensky in Washington yesterday.

Intel is getting a USD 2 bn investment from SoftBank, which is buying a c.2% stake in Intel — some 87 mn shares — at USD 23 apiece, Intel said in a statement overnight. The share price is slightly below Intel’s closing price yesterday of USD 23.66, but is widely seen as a “lifeline” for the US chipmaker, which reported net losses last year for the first time in nearly four decades. SoftBank’s investment, which makes it Intel’s fifth-largest shareholder, also comes as the US government is reportedly in talks to snap up a 10% stake in Intel.

The investment is a shot in the arm in Intel’s (costly) drive to manufacture chips for external customers, although Intel has yet to lock down any significant customers for this line of business. “This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role,” SoftBank said in a statement. The story is front-page news in the Financial Times, the Wall Street Journal, CNBC, Bloomberg, and Reuters.

Meanwhile, Trump is now arranging a meeting between Ukraine’s Zelensky and Russia’s Vladimir Putin after Trump and Zelensky agreed that the US would help ensure Ukraine’s security in any peace agreement with Russia. Zelensky and Putin could meet in Hungary in the next two weeks, according to unconfirmed reports, with that meeting expected to be followed by a trilateral meeting with Trump to reach a final agreement to end the war between Kyiv and Moscow. (Reuters | Semafor | CNBC | Bloomberg)

CIRCLE YOUR CALENDAR-

The Women’s First Division League 2025-2026 will kick off in September with 56 matches over 14 rounds, the Saudi Arabian Football Federation said in a statement on Sunday. The league will see eight teams battle it out, including newly promoted Najmat Jeddah and Al Nahda, with prizes of SAR 750k, SAR 500k, and SAR 350k awarded to the top three finishers.

Jeddah University will host the first International Forum for Talent in Higher Education on 3-4 September in its Conference Center. The two-day event supports innovative students and highlights policies supporting talent development and empowering skilled workers in the labor market. The forum features multiple activities, including keynote speeches, applied sessions, panel discussions, cultural competitions, interactive exhibitions, and specialized workshops.

The Saudi Food and Drug Authority will host the regional hackathon Hack4safeFood on 9-10 September in Riyadh in partnership with the UN's Food and Agriculture Organization, it said in a statement yesterday. The two-day event brings together innovators to create new solutions in both technology and policy and discuss food safety challenges across MENA. Participants will focus on supply chain tracking and reducing food waste, with the top teams gaining access to a six-month incubation program and the chance to present their ideas at the FAO’s global forum in Rome.

The Asian Racing Conference is coming to Riyadh for the first time between 9-14 February 2026 at Crowne Plaza Riyadh RDC Hotel & Convention Center, state news agency SPA reported yesterday. The event will coincide with the Saudi Cup Festival, the world’s largest horse race, and will gather global leaders to address key industry challenges and opportunities.

Stonepeak expands Middle East footprint with USD 1 bn-backed renewable energy platform

US-based infrastructure investor Stonepeak launched a new platform for developing renewable energy projects across MENA, named WahajPeak, according to a statement. The investor, which boasts over USD 76 bn in AUM, tapped Jinko Power's former vice president Mothana Qteishat to lead the platform, which will target utility-scale solar, wind, and battery storage projects, with a focus on the Gulf.

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

The launch comes after Stonepeak’s USD 1 bn agreement in May with the Arab Energy Fund to back energy infrastructure projects across the region. Stonepeak also opened offices in Abu Dhabi and Riyadh in the past two years as the firm expanded its presence.

Stonepeak has rolled out similar renewables-focused platforms in North America, Asia, and Europe and currently has 10.4 GW of capacity in operation or development across solar, wind, and battery storage systems, the statement adds.

REMEMBER- Our region is on track to triple its renewable energy capacity to 150 GW by 2030.

Saudi Arabia, Syria move to protect and level up mutual investments

Saudi + Syria agree to more investment cooperation: Saudi Investment Minister Khalid Al Falih and Syrian Economy and Industry Minister Mohammad Nidal Al Shaar signed an agreement yesterday to promote and protect investments in both countries, the ministry said on X. The agreement, which was signed during a Syrian delegation visit to Riyadh yesterday, aims to ensure legal safeguards for investors, ease capital flows, create new jobs, and support sustainable economic development. The Syrian minister also met with Industry and Mineral resources Minster Bandar Alkhorayef, where they discussed future prospects of industrial integration and cooperation between the two countries.

The Investment Ministry recently opened a new office in Damascus to oversee the implementation of the Saudi-Syrian agreements, Director General of the Syrian Investment Authority, Talal Al Hilali told Alarabiya (watch, runtime: 1:56).

Al Falih also backed the private sector’s plan to establish a “fund of funds” to act as a central platform for organized investment, helping channel large volumes of financing into Syria’s priority sectors and ensuring projects are carried out effectively, Asharq Business reports. Meanwhile, BinDawood Investment has recently finalized the signing of its updated agreement with Syria’s Tourism Ministry to set up a joint fund focused on tourism, real estate, and infrastructure.

Syrian exchange coming next? Tadawul has begun a feasibility study with the Damascus Securities Exchange on creating and operating a Syrian bourse, Al Falih added.

IN CONTEXT- The Saudi-Syrian Investment Forum held last month in Damascus put forth 47 agreements worth over SAR 24 bn in sectors like real estate, energy, ICT, finance, infrastructure, aviation, and healthcare. The real estate sector came on top with signed agreements worth over SAR 7.2 bn.

Fahad Toonsi appointed as Red Sea Authority chairman following royal approval

The Saudi Red Sea Authority (SRSA) appointed Fahad Toonsi (LinkedIn) as chairman, succeeding Tourism Minister Ahmed Al Khateeb, who had held the position since the formation of the authority in late 2021, state news agency SPA reported on Sunday.

More about the new chairman: Toonsi, who has been an advisor at the Royal Court since January 2015, has over 15 years of experience in management, including his role as acting general manager at the Strategic Management Office of the government’s Council of Economic and Development Affairs. Toonsi also served as secretary general of the SRSA, where he oversaw tourism development on the Kingdom’s west coast, including the Red Sea Project, along with other giga-projects by the PIF, including Neom, Qiddiya, and Amaala.

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

Aramco’s USD 2 tn valuation ambition faces market reality

Aramco’s stock performance is under the spotlight, with Bloomberg noting that Aramco’s promise to reward investors has fallen flat since its 2019 IPO. Despite briefly hitting a market cap of USD 2.4 tn during the oil price spike of 2022, Aramco’s valuation has now slipped to around USD 1.5 tn, compared to Crown Prince Mohammed bin Salman’s USD 2 tn target. Over five and a half years, the oil giant has delivered a total return of 16% — the lowest among its peers — while Exxon, Chevron, and Shell delivered gains exceeding 50%.

Bonds over equity? The company has recently been taking on more debt to maintain payments of its dividends, which amounted to USD 42.7 bn in 1H 2025, compared to USD 34.4 bn of freecash flow generated over the same period. Even with Brent crude averaging over USD 70 / bbl from January to June, the oil giant struggles to fully cover its payout — a troubling sign if prices further weaken. Bloomberg suggests that investors increasingly see Aramco bonds, not shares, as the safer option.

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

But Aramco is taking a different approach to its peers, Bloomberg noted. While other oil giants have been cutting spending, the company has been investing heavily in new projects. Without higher oil prices, higher output, or significant cost reductions, Aramco will struggle to address its lagging equity performance, but the company remains confident in its “very attractive investment proposition, Executive Vice President and CFO Ziad Al Murshed told investments earlier this month.

Sumou Real Estate wins SAR 135 mn contract for Jeddah’s South Obhur infrastructure

REAL ESTATE-

Sumou Real Estate Company secured a SAR 135 mn contract to carry out infrastructure works in Jeddah’s South Obhur neighborhood, it said in a disclosure to Tadawul yesterday. The project covers a 960k-sqm area and will be carried out in cooperation with Diyar Real Estate Development Fund, which is managed by Sedco Capital.

REFRESHER- Sumou Real Estate Company, asset management firm Al Jazira Capital, and Sumou Global Investment signed a contract in January to establish a real estate investment fund to acquire and develop lands in the Kingdom, with projects valued at upwards of SAR 2 bn.

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

Would-be homeowners in 24 residential projects can access low-interest financing to fund their home purchases, after the Real Estate Development Fund (REDF) inked an agreement with the National Commercial Bank and the National Housing Company, state news agency SPA reported yesterday. The agreement covers 40k residential units, with the interest rates being as low as 2.99%.

ICYMI- This new initiative joins a host of financing offerings by the REDF including a new mechanism announced (last May to disburse housing support for Self-Construction and Land and Loan beneficiaries whose home construction has been unfinished for over three years. The fresh mechanism allows up to six payments to complete construction and restore housing support retroactively.

Diriyah Company has launched the sale of Aman Residences and Amansamar in Wadi Safar, featuring a collection of five- and six-bedroom unltra-luxury villas and private estates within the Amansamar community, it said in a statement yesterday. The offered residences have access to the Royal Diriyah Equestrian and Polo Club, a championship golf course among other amenities.

REMEMBER- PIF-backed ultra-luxury hotel operator Aman Group voiced its plans in March to raise up to USD 2 bn to expand in the Middle East and Africa, including 23 hotel projects and expanding Aman Residences. The company is developing three Janu properties in the region, including hotels in historic Saudi locations in AlUla and Diriyah, and has sold around half of the three dozen mansions under construction in Riyadh’s Diriyah district for USD 35-39 mn each.

DEBT WATCH-

SHL Finance secured a SAR 200 mn shariah-compliant facility from the Saudi Investment Bank to expand its sales volumes via loans to customers, it said in a filing to the bourse yesterday. The five-year facility was backed by a promissory note and assignments of receivables.

REFRESHER- SHL secured a similar renewed shariah-compliant loan from Bank Aljazira in April aimed at driving the company’s expansion and sales growth. A month earlier, the company renewed a SAR 1.9 bn shariah-compliant credit facilities agreement with Arab National Bank.

M&A WATCH-

Al Kuzama Trading signed a preliminary, non-binding MoU to acquire 60% of RaedFoodsCatering Company, it said in a disclosure to Tadawul yesterday. The 70-day agreement — which can be extended — is set to lead to a final decision, contingent on due diligence, valuation, and regulatory approvals. The financial details will be determined after a final agreement is reached.

AVIATION-

Riyadh Air inked a five-year partnership with aviation solutions provider SATS Saudi Arabia to provide cargo handling services at key airports across the Kingdom, the airline said in a statement yesterday. The agreement includes the Riyadh Air hub at King Khalid International Airport, Dammam’s King Fahd International Airport, and Jeddah’s King Abdulaziz International Airport. Under the partnership, SATS will be tasked with developing world-class hub management capabilities for Riyadh Air.

ICYMI- Home-grown Avilog Logistics Services acquired a 49% stake in the Saudi arm of Singapore-based logistics firm SATS last Just, with the goal of supporting SATS Saudi Arabia’s expansion plans, including the establishment of a new cargo facility in Jeddah and the implementation of multi-modal operations across the Kingdom. The initial agreement was signed back in November.

TRANSPORT-

Riyadh’s Cooperative Association agreed with Saudi Arabia Railways (Sar) to establish and operate a new passenger train station in Al Zulfi, Sar said on X yesterday. The partnership will add a seventh station to the Northern Railway network, which links Riyadh to Al Qurayyat and enhance services for Riyadh residents.

Emerging markets’ bond boom accelerates as investors bank on upcoming rate cuts

Companies and banks in emerging markets — excluding China — sold some USD 250 bn in international bonds between January and July — the fastest pace of issuance since the post-pandemic boom of 2021, the Financial Times reports, citing figures from JPMorgan and S&P Global. JPMorgan sees 2025 issuances reaching USD 370 bn, just shy of 2021’s full-year record.

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

Falling borrowing costs are luring borrowers off the sidelines as markets begin to price in rate cuts under a second Donald Trump presidency. “The market is beginning to price in a more accommodative Fed,” said Ninety One Co-Head of EM Corporate Debt Alan Siow, with optimism that upcoming Fed rate cuts would outweigh fears over Trump’s tariff rhetoric, including recent threats of 50% duties on India and Brazil.

Spreads are tight — and risk appetite is holding. Though average yields on JPMorgan’s EM corporate bond index remain near 6%, spreads over ten-year US Treasuries have narrowed to below 2 bps — the tightest in nearly two decades. High-yield EM spreads have also compressed, signaling continued appetite for riskier debt.

Despite the issuance surge, net new EM corporate debt including China is actually negative YTD, as repayments are outpacing new supply by USD 8 bn. Companies are still refinancing cautiously after years of high interest rates and many pandemic-era bonds now maturing. “What is beneath the surface here is that, year to date, the net supply is negative,” Siow said.

Sovereign issuers have sold more than USD 160 bn of international debt YTD — outpacing the same period in 2020, which ended up being a record year. Saudi Arabia has led the charge with a flurry of sovereign and bank bond sales to finance megaprojects and offset soft oil revenues. Mexico also steered a USD 12 bn issuance to partially bail out state oil giant Pemex.

MARKETS THIS MORNING-

Asian markets are mixed in early trading this morning, as traders sit tight in anticipation of the annual Jackson Hole Symposium. Japan’s Nikkei and the Hang Seng are flat, while the Shanghai Composite is inching up and South Korea’s Kospi is down 0.4%.

TASI	10,886	-0.1% (YTD: -9.6%)
MSCI Tadawul 30	1,408	-0.1% (YTD: -6.7%)
NomuC	26,523	-0.4% (YTD: -15.7%)
USD : SAR (SAMA)	USD 3.75 Sell	USD 3.75 Buy
Interest rates	5.0% repo	4.5% reverse repo
EGX30	3,628	-0.3% (YTD: +17.6%)
ADX	10,213	-0.1% (YTD: +8.4%)
DFM	6,129	+0.1% (YTD: +18.8%)
S&P 500	6,449	-0.0% (YTD: +9.7%)
FTSE 100	9,158	+0.2% (YTD: +10.0%)
Euro Stoxx 50	5,435	-0.3% (YTD: +12.6%)
Brent crude	USD 66.48	+0.02%
Natural gas (Nymex)	USD 2.90	-0.3%
Gold	USD 3,379	+0.02%
BTC	USD 116,511	-1.2% (YTD: +24.9%)
Sukuk/bond market index	909.33	0.0% (YTD: +0.8%)
S&P MENA bond & sukuk	148.24	-0.1% (YTD: +5.9%)
VIX (Fear gauge)	14.99	-0.7% (YTD: -13.6%)

THE CLOSING BELL: TADAWUL-

The TASI fell 0.1% yesterday on turnover of SAR 3.9 bn. The index is down 9.6% YTD.

In the green: Maadaniyah (+6.5%), Petro Rabigh (+5.9%) and Retal (+4.6%).

In the red: Cenomi Retail (-3.8%), Almoosa (-3.6%) and Al Maather Reit (-3.2%).

THE CLOSING BELL: NOMU-

The NomuC fell 0.4% yesterday on turnover of SAR 39.9 mn. The index is down 15.7% YTD.

In the green: Alfakhera (+5.0%), Hawyia (+4.2%) and Alqemam (+4.1%).

In the red: Future Care (-7.1%), Alashghal Almoysra (-7.0%) and Mayar (-6.3%).

CORPORATE ACTIONS-

ASG Plastic Factory’s board greenlit the distribution of a SAR 3.9 mn dividend payout for 1H 2025 at SAR 0.55 per share, it said in a disclosure to Tadawul on Sunday. The distribution date is set for Tuesday, 26 August.

Enma Alrawabi’s board approved a SAR 10 mn dividend payout for 1H 2025 at SAR 0.25 apiece, set to be distributed on Monday, 1 September, it said in a disclosure to Tadawul yesterday.

CALENDAR

7 July-24 August (Monday-Sunday): Esports World Cup, Riyadh.

18-20 August (Monday-Wednesday): The Hotel Supply and Hospitality Expo, Jeddah Exhibition Center.

19-20 August (Tuesday-Wednesday): Marketing Home Group IPO retail subscription period for investors to request 10k-250k shares each.

24 August (Sunday): Final allocations are due for Marketing Home Group IPO.

24 August-27 November: Title deed registration for 8.7k properties in Jeddah’s Al Sheraa and Al Amwaj neighborhoods.

3Q 2025

The National Water Company is expected to award a construction contract for the Hail Region Water Networks project.

SEPTEMBER

3-4 September (Wednesday-Thursday): Sustainable Maritime Industry Conference (SMIC), Ritz-Cartlon, Jeddah.

3-4 September (Wednesday-Thursday): The first International Forum for Talent in Higher Education, Jeddah University’s Conference Center.

5 September (Friday): The Visual Arts Commission will hold two public dialogues in Seoul during Frieze Seoul Week under its Art & Ideas program.

9-11 September (Tuesday-Wednesday):The Saudi Food and Drug Authority and the UN's Food and Agriculture Organization’s Hack4safeFood, Riyadh.

9-11 September (Tuesday-Thursday): International Beauty Expo 2025, Jeddah Superdome.

9-11 September (Tuesday-Thursday): Seredo Real Estate Development and Ownership Exhibition, Jeddah Superdome,

15-17 September (Monday-Wednesday): Money 20/20 Middle East, Riyadh.

15-17 September (Monday-Wednesday): Global Infrastructure Forum, Riyadh International Convention and Exhibition Center.

17-18 September (Wednesday-Thursday): US Federal Reserve Open Market Committee meeting and Summary of Economic Projections.

23 September (Tuesday): Saudi National Day.

29 September-1 October (Monday-Wednesday): Intersec Saudi Arabia, Riyadh International Convention and Exhibition Centre, Riyadh.

OCTOBER

1 October (Wednesday): Electronic salary transfer via the Musaned platform to include employers with two or more domestic workers.

1-3 October (Wednesday-Friday): Saudi Green Building Forum, Riyadh.

1-3 October (Wednesday-Friday): FIBO Arabia 2025, Riyadh Front Exhibition & Conference Center.

7-8 October (Tuesday-Wednesday): Global EV & Mobility Technology (GEMTECH) Forum, Riyadh.

15 October (Wednesday): Russian-Arab Summit.

17 October (Friday): Saudization for private healthcare roles enters its second phase.

21 October (Tuesday): The Visual Arts Commission will hold a public talk and a live performance in Paris through Asia NOW under its Art & Ideas program.

21-23 October (Tuesday-Thurday): Global Internet of Things Congress 2025 (GIoTC 2025), the Arena Venue, Riyadh.

22-23 October (Wednesday-Thursday): Private Capital Forum, Riyadh.

23-25 October (Thursday-Saturday): Zenos Wellness Summit, Bab Samhan Hotel, Riyadh.

24 October-1 November (Friday-Saturday): AlUla Wellness Festival.

26-27 October (Sunday-Monday): The Global Proptech Summit 2025, Mandarin Oriental Al Faisaliah, Riyadh.

27-30 October (Monday-Thursday): Global Health Exhibition, Riyadh Exhibition and Convention Center, Riyadh.

28-30 October (Tuesday-Thursday): Future Investment Initiative (FII9), King Abdulaziz International Conference Center (KAICC) and the Ritz-Carlton, Riyadh.

28-29 October (Tuesday-Wednesday): US Federal Reserve Open Market Committee meeting.

NOVEMBER

2 November (Sunday): Naming ASICS Innovation Pitch competition’s six finalists.

3-9 November (Monday- Sunday): WTA Tour Finals, Riyadh.

7-8 November (Sunday-Monday): The Visual Arts Commission will conclude its Art & Ideas program with a two-day symposium in Riyadh.

8-9 November (Saturday-Sunday): Del Monte Superleague Supercup, Jeddah.

9 November (Sunday): The deadline for applications for the second batch of the Standard Incentives for the Industrial sector deadline.

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

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

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.

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.

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.

DECEMBER

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

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

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

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

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): 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.

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.

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.

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

8-12 February (Sunday-Thursday): World Defense Show, 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

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

APRIL

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

OCTOBER

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

Signposted to happen sometime in 2026:

UN Trade and Development Global Supply Chain Forum to take place in Saudi Arabia.
5-7 February (Thursday-Saturday): LIV Golf 2026 season opener, Riyadh Golf Club, 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.

Sections

About

Privacy & Support

Get EnterpriseAM daily