Economy page

The Easy Works Company announced the purchase of land in the refinery area of ​​Riyadh for 500,000 riyals, in a strategic step aimed at supporting its future expansion and investment plans.

National Glass Industries Company (Zujaj) has announced the appointment of Samir Al-Rahili as its new CEO, succeeding Waleed Afyouni. Learn about the significance and impact of this change.

The Multi-Business Group announced the awarding of a project to design and implement the Al-Aziziyah Sales Center with the National Housing Company, in a move that strengthens the Saudi housing sector within Vision 2030.

Avalon Pharma announced an exclusive agreement with Bio-Thera to market the oncology drug pembrolizumab in Saudi Arabia and the Middle East, in line with Vision 2030.

Thimar Holding has agreed to sell land on Al-Kharj Road for 35.7 million riyals, in a move to support its financial restructuring plan, pay off obligations and enhance its investment capacity.

Al Majed for Oud Company recorded record growth in its profits for 2025 by 39% to reach 218 million riyals, driven by revenue growth and expansion into new markets.

Flexible Murabaha Finance Company (Murana) announced the appointment of Salman Al-Asmari as Chairman of the Board and Nayef Al-Maiman as Vice Chairman, in a move to strengthen its expansion strategy in the Saudi finance market.

Saudi Fransi Capital announced the distribution of cash dividends for the Education REIT Fund at a value of 0.17 riyals per unit, reflecting the fund’s strong performance in the educational real estate sector.

Saudi Fransi Capital announced the distribution of cash dividends for the Education REIT Fund amounting to SAR 8.67 million for the fourth quarter of 2023, reflecting the fund’s strong performance.

UCIC announced the expansion of its Ras Al Khaimah plant at a cost of AED 74 million, with the aim of increasing market share and production capacity as part of its strategic plan for growth in the region.