Health Water Bottling Company, the owner of top bottled water brand Nova, has signed an agreement with Saudi Investment Recycling Company (SIRC), a PIF company, to jointly explore significant initiatives aimed at reducing waste, improving material recovery and increasing national recycling rates.
Alshaya Group, a leading Kuwaiti business conglomerate, has announced that it has acquired the Starbucks Greece & Cyprus licensed business, becoming the new exclusive owner and operator of the business. It operates 30 stores in Greece and 18 in Cyprus employing around 500 people.
Messe Frankfurt Saudi Arabia, organiser of Automechanika Riyadh, Saudi Arabia’s leading regional automotive aftermarket trade event, has announced the postponement of the upcoming edition.
Iran has said that the country’s military will coordinate safe passage through the Strait of Hormuz during the ceasefire.
Saudi Arabia’s Ministry of Commerce said more than 71,000 commercial registrations were issued during the first quarter of 2026, thus bringing the total number of active registrations in the kingdom to more than 1.89 million.
Keeta, a technology-driven delivery platform, has announced a support initiative for small and medium-sized enterprises (SMEs) across Bahrain, reinforcing its commitment to strengthening local business ecosystems and supporting its partners.
Borouge, an Abu Dhabi-based petrochemicals company, has announced that it has won shareholder approval for $1.32 billion worth of dividends for FY2025, reflecting its strong operational performance and record sales. The final set of dividend payments for 2025 amounts to $658 million (8.1 fils per share).
Morocco’s decision earlier this year to pause elements of its long-anticipated LNG import strategy marks less a delay than a strategic reset – one that reflects both shifting global market dynamics and a more pragmatic approach to infrastructure development, said industry experts.
Riyadh Cables Group has announced that it has secured a SAR450 million ($120 million) contract from Saudi-based Mohammed Al Ojaimi Contracting Establishment for supply of cable products for some of its key power generation and transmission projects.
The cement sales volumes across the Kingdom of Saudi Arabia declined by 6.7% y-o-y and 21.3% m-o-m to hit 3.37 MT, reflecting the holiday effect and recent geopolitical developments, according to a new report. The sales volume for the first three months fell by 4.7% y-o-y to 12.76 MT.
