Saudi Arabia advances multinational maritime defense alliance initiative

Saudi Arabia on Thursday hosted an international meeting to advance its proposal for a multinational maritime defense alliance aimed at strengthening maritime security, protecting international shipping lanes and countering threats to global trade. The meeting brought together chiefs of staff and their representatives from 43 countries, as well as the European Union Delegation to Saudi

Bank of Jordan Group launches its first branch in Saudi Arabia

The Bank of Jordan Group has inaugurated its first branch in Saudi Arabia in a strategic move that reflects its vision for sustainable growth and reinforces its position as an integrated regional banking group. Following the Saudi Central Bank’s approval to commence banking operations on 27/2/1448 AH, the expansion strengthens its presence in one of

STC Bank: A New Chapter for Digital Banking in Saudi Arabia

STC Bank Saudi Arabia represents one of the clearest signs of how quickly the Kingdom’s financial sector is changing. The business began with stc pay, a digital wallet that allowed customers to make payments and transfer money through their phones. Over time, that platform developed into something much bigger. In 2025, STC Bank officially launched

Fitting closes $1.1mln seed round to accelerate the digitization of construction supply chains in Saudi Arabia

Fitting, a digital platform specializing in the automation and digitization of supply chains in the construction sector, has announced the successful closing of its second Seed investment round, raising $1.1 million, with the participation of a prominent strategic investor from the contracting and real estate development sector. The investment marks an important step in supporting

Nahdi: The Pharmacy Brand Shaping Everyday Healthcare in Saudi Arabia

Nahdi Saudi Arabia is no longer simply a pharmacy chain. For many customers, Nahdi remains the place they visit for medicines, wellness products, personal care items and advice from pharmacists. However, the company has been steadily expanding into clinics, virtual consultations, digital health and faster delivery. That wider approach reflects a major shift in Saudi

Othaim Markets: A Major Force in Saudi Arabia’s Retail Sector

Othaim Markets Saudi Arabia is one of the most established names in the Kingdom’s grocery business. Its stores serve customers looking for fresh food, household products and everyday essentials, while the wider company has built a retail operation with deep roots in Saudi commerce. The story goes back to 1957, when Saleh Al Othaim established

Saudi Arabia expands road network with 246km Rafha-Hail link

Saudi Arabia has announced the opening of the 246-km Rafha-Hail Road, thus expanding the kingdom’s transport network with a new route linking Rafha to Hail through the Hail-Baqaa Road.  A key infrastructure project, it has been designed to strengthen the kingdom’s land transport network by improving connectivity between its northern and central regions through a

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