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SAB’s nine-month net profit surges 3% YoY to SR6.6bn

22 October 2026 at 14:42
Lubna S. Olayan, chair of the board of directors of Saudi Awwal Bank, has announced the bank’s financial results for the nine months ending Sept. 30. SAB recorded a net profit after zakat and income tax of SR6.6 billion ($1.75 billion) for the period, representing an increase of 3 percent compared with the corresponding period in 2025. The total operating income increased by 1 percent year on year to SR11.2 billion, while the third-quarter revenue rose by 5 percent to SR3.8 billi

Two Saudi scientists among six Arab researchers honored by L’Oréal-UNESCO program

22 October 2026 at 13:04
Six pioneering Arab female researchers from the GCC, including Saudi Arabia, have been recognized at the 13th edition of the L’Oréal-UNESCO For Women in Science Middle East Program. Their work addresses pressing regional and global priorities, from infectious diseases and personalized medicine to water security, advanced materials and sustainable technologies.  Since its regional launch in 2014, the program has supported 69 Arab women researchers with more than SR4 million ($1.0

Arada kicks off Saudi operations with SR50bn land portfolio

20 October 2026 at 14:41
Arada, one of the world’s fastest-growing master developers, has announced the establishment of Arada KSA, a new real estate development company that will deliver large-scale communities across Saudi Arabia. The new entity was established in strategic partnership with XTOPIA, a community and lifestyle company developing integrated, mixed-use destinations across the region. Mohammed Al-Dhabaan, chairman of XTOPIA, has been appointed chairman of Arada KSA, underscoring the importance of the loca

Building Saudi Arabia’s cities for the future

19 October 2026 at 10:01
Saudi National Day celebrates the values that define the Kingdom: its identity, ambition and determination to build a better future for generations to come. This year’s theme, “Our Pride Lies in Our Nature,” reflected qualities that are also central to Saudi Vision 2030: confidence in what is possible, a willingness to embrace transformation and the determination to turn ambition into reality. Saudi Arabia is now living through one of the most significant periods of urban transformation in th

The Gulf’s next economic transformation is a health one

19 October 2026 at 09:55
Across the Gulf, ambition and transformation is visible everywhere. Governments are diversifying their economies, investing in infrastructure and technology, strengthening human capital and building new industries designed to support growth for decades to come. But there is another investment that will increasingly determine whether that growth is sustainable: health. The Gulf’s economic ambitions depend on people being able to participate fully in the societies and economies being built around

More than just seeds: the secret behind Golden Gift

17 October 2026 at 15:11
Some flavors you recognize before you even taste them, such as coffee by its aroma or fresh bread by the crunch of its crust. Seeds have their own signature: a crack, a brief pause, and your hand reaches for the pack again. People take them on the road, open them during a sports match, and share them with friends. But behind the familiar crunch, Golden Gift products hold something more. From the Tambov region to 37 countries AgroSouz has its own secret to building popular snack brands. Toda

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