The Council of Ministers has approved a framework allowing investors to develop planned land and construct housing units for beneficiaries of developmental housing programs in exchange for ownership of a percentage of the land. During its session held in Jeddah on Tuesday, chaired by Crown Prince and Prime Minister Mohammed bin Salman, the Cabinet also
Tekmon, the no-code, AI-assisted operations platform for Quality, HSE, and ESG management, today announced an expanded presence across the Gulf Cooperation Council (GCC). Building on deployments with regional enterprise leaders, Tekmon’s executive team will take part in three industrial safety and compliance summits this September. Why it matters: As industry and infrastructure developers across the region
Saudi Arabia continues to strengthen its position as a global investment hub under Vision 2030, climbing to 13th place among the world’s largest recipients of foreign direct investment (FDI) in 2025 after attracting SR136 billion in inbound FDI. The Kingdom has recorded a series of investment milestones under Vision 2030, including rising foreign investment inflows,
Around 95.3 percent of online purchases in Saudi Arabia were made through local retailers, compared with 55.4 percent through international shopping websites. This was revealed in the Saudi Internet Report, issued by the Communications, Space and Technology Commission (CST). The fifth edition of the report highlighted the growing adoption of digital channels among consumers, with
IBM (NYSE: IBM) released its 2026 Cost of a Data Breach Report , revealing that the average cost of a data breach for organizations in Saudi Arabia reached SAR 27 million According to the study, organizations in Saudi Arabia faced the highest data breach costs when they struggled to prioritize threats, mismanaged secrets and keys, or lacked
Saudi-born womenswear label JAY3LLE announces the launch of its global e-commerce platform, marking a significant milestone in the brand’s international expansion and introducing its distinctive vision of resort and golf-inspired fashion to a worldwide audience. Positioned at the intersection of fashion, sport, and contemporary luxury, JAY3LLE is redefining the modern resort wardrobe through elevated silhouettes,
In one of its first major milestones, Four Seasons Resort & Residences AMAALA at Triple Bay has been selected among La Liste’s Top 5 Hotel Openings of the Year 2026, the resort’s first international award since opening. Recognising the resort as one of the world’s most exciting new luxury destinations, the prestigious accolade celebrates its exceptional
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