Wallan Trading Company, the official distributor of Hyundai vehicles in the Central and Northern regions of Saudi Arabia, has unveiled its all new Hyundai 'Venue' - a compact crossover that combines contemporary design, advanced technology and everyday practicality - in the kingdom.
Al Salam Bank was appointed as joint lead manager and bookrunner on Saudi Real Estate Refinance Company’s (SRC) $2.75 billion dual-tranche international sukuk issuance. The issuance, backed by Saudi PIF ranks as the largest US dollar-denominated GCC Sukuk of 2026.
Saudi-based Dar International for Engineering Consultancy is one of the finalists for the Bentley Systems' 2026 Year in Infrastructure (YII) Awards (the only one from the Middle East region) in the Transmission and Distribution category for its Nariyah 380kV substation project in the kingdom.
Shaker Group, a leading manufacturer and distributor of air conditioners and home appliances in Saudi Arabia, has reported SAR743.1 million ($198.2 million) revenue for the first half, down 3.4% from the same period last year, mainly due to a decline in its HVAC solutions business.
Saudi-based SAL Logistics Services Company said it has completed the acquisition of 100% stake in leading Belgian ground handling and cargo company Aviapartner Liege, thus marking its first operational presence outside the kingdom and expanding its network to 20 stations.
Saudi Arabia's National Company for Glass Industries (Zoujaj) has announced that it has resumed operations at a production line that was damaged by a fire last year, while raising its estimate of repair costs and business interruption losses.
Saudi Arabia’s real gross domestic product contracted 4.8% year-on-year in the second quarter of 2026, said a report, as a 24.7% decline in oil activity outweighed growth in non-oil activities and government output. Non-oil activity grew 0.6% in the quarter, while government activity rose 0.9%.
Saudi Arabia's Retal Urban Development has announced that its subsidiary Building and Construction Company has secured a key contract from associate Remal Park Fund to carry out design and construction works for the Remal Business Court project in Al Khobar.
Saudi aluminium products maker Talco has extended by six months a non-binding agreement to acquire a 60% stake in Dammam-based Eastern Aluminum Extrusion Factory. This extension will run from August 24 to February 23, 2027, allowing the firm additional time to complete due diligence procedures.
Visa is highlighting the continued growth of Visa Destinations, its global travel inspiration platform that helps travellers discover unique experiences across some of the world's most vibrant destinations, including Dubai, London, Paris, Singapore, Tokyo, New York and Sydney.
