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Category: Business 5830

How Does the Law Define Mechanisms for Handling Troubled Banks? - Youm7
Business
  • 1 mins read

How Does the Law Define Mechanisms for Handling Troubled Banks? - Youm7

Article 157 of Law No. 194 of 2020 allows the Central Bank to take multiple measures against troubled banks without shareholder or creditor approval, including dissolving the board, suspending operations, reducing shares, recapitalizing, converting liabilities to shares, merging banks, or filing lawsuits.

In Response to Crown Prince's Initiative.. Al-Rajhi Participates in National Blood Donation Campaign
Business
  • 1 mins read

In Response to Crown Prince's Initiative.. Al-Rajhi Participates in National Blood Donation Campaign

Minister Ahmed Al-Rajhi and ministry leaders participated in the annual national blood donation campaign inspired by the Crown Prince to promote humanitarian values and voluntary blood donation.

Threat of Street Clashes Behind Postponement of the 'Shiite Duo' Protest
Business
  • 1 mins read

Threat of Street Clashes Behind Postponement of the 'Shiite Duo' Protest

The 'Shiite Duo' protest was postponed after contacts aimed at avoiding Sunni-Shiite street confrontations and potential army intervention.

Why the Houthi Fissile Missile Alarmed Israel and Provoked a Strong Retaliation?
Business
  • 1 mins read

Why the Houthi Fissile Missile Alarmed Israel and Provoked a Strong Retaliation?

Israel revealed that the Houthi missile launched from Yemen carried a fissile warhead capable of fragmenting and covering multiple targets, posing a new threat. The Houthis responded with airstrikes on facilities in Sanaa, while Israeli strikes have caused 6 deaths and 86 injuries.

"Janat Real Estate" Offers "Dammam Square" Plan for Sale in Public Auction Next Tuesday
Business
  • 1 mins read

"Janat Real Estate" Offers "Dammam Square" Plan for Sale in Public Auction Next Tuesday

Janat Real Estate and Aqalat Real Estate Development announce the sale of the "Dammam Square" plan in a public auction on September 9, 2025, featuring commercial and residential plots in Dammam's vibrant Telecommunications District.

Egyptian and Kuwaiti Foreign Ministers Discuss Ways to Enhance Relations and Regional Developments - Youm7
Business
  • 1 mins read

Egyptian and Kuwaiti Foreign Ministers Discuss Ways to Enhance Relations and Regional Developments - Youm7

Egyptian and Kuwaiti foreign ministers met in Jeddah during the OIC extraordinary session to discuss strengthening bilateral relations, economic cooperation, and regional developments including the Palestinian issue.

Egyptian and Kuwaiti Foreign Ministers Discuss Ways to Enhance Bilateral Relations and Regional Developments
Business
  • 1 mins read

Egyptian and Kuwaiti Foreign Ministers Discuss Ways to Enhance Bilateral Relations and Regional Developments

Egyptian and Kuwaiti foreign ministers met in Jeddah during an extraordinary session of the OIC to discuss strengthening bilateral relations and regional developments, highlighting their brotherly and strategic ties.

Global Water Expo Returns to Riyadh from September 2 to 4
Business
  • 1 mins read

Global Water Expo Returns to Riyadh from September 2 to 4

The Global Water Expo will be held in Riyadh from September 2 to 4, 2025, gathering over 300 companies from 25 countries to showcase the latest water and wastewater treatment technologies amid accelerating investments in sustainable water infrastructure in Saudi Arabia.

Prince of Hail Approves Launch of the International Hail Innovation Hackathon Initiative
Business
  • 1 mins read

Prince of Hail Approves Launch of the International Hail Innovation Hackathon Initiative

Prince Abdulaziz bin Saad of Hail approved the launch of the International Hail Innovation Hackathon to promote innovation culture and empower entrepreneurs with creative solutions supporting development.

Eastern Province Emir Receives Deputy Minister of Energy and King Faisal University President
Business
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Eastern Province Emir Receives Deputy Minister of Energy and King Faisal University President

Eastern Province Emir Prince Saud bin Nayef received the Deputy Minister of Energy for Electricity Affairs and King Faisal University President to discuss energy sector development and university plans for academic year 1447 AH.