Company News

SEVEN ABHA Continues to Welcome Visitors Following Successful Opening Festival

Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of Qiddiya Investment Company (QIC), continues to welcome visitors at SEVEN ABHA, its first entertainment destination, following the success of the opening festival, which attracted strong turnout and engagement. Since opening its doors to the public, SEVEN ABHA has been offering an …

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SAL Is the First Saudi Company to Obtain the IATA Security Management System (SeMS) Certification

SAL Logistics Services, Saudi Arabia’s national leader in cargo handling, logistics solutions, and supply chain management, has been awarded the IATA Security Management System (SeMS) Level 1 (Suitable) certification by the International Air Transport Association (IATA), becoming the first company in Saudi Arabia and the second across the Middle East …

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Kyndryl Introduces New Agentic Modernization Services-as-Software Scaled Through Kyndryl Bridge

Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today introduced its Agentic Modernization services-as-software, which is built using the Kyndryl Agentic AI Framework and is scaled through Kyndryl Bridge. Services-as-software is an emerging model for delivering services through software-driven automation, intelligence and scalable digital workflows. Kyndryl has …

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LG Electronics Solidifies Air Care Leadership in Asia With Award-Winning Air Care Solutions

LG Electronics (LG) is reinforcing its leadership in Asia’s growing air care solutions market by securing major supply contracts with large-scale commercial clients. Trusted worldwide for their ability to help improve indoor air quality, LG’s advanced air care products form a key part of the company’s heating, ventilation and air …

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LG Electronics Launches Mid Static Ducted Unit, Delivering

LG Electronics (LG) is introducing its mid static ducted unit, designed to deliver powerful, quiet climate control for residential and light commercial applications where ceiling space is limited. The new unit expands LG’s HVAC portfolio with an efficient ducted solution that balances space-saving design and installation flexibility, reflecting LG’s “Comfort …

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Apparel Group and Knowledge Economic City Join Forces to Redefine Destination Retail in Madinah with 24 International Brands at Multaqa AlMadinah Mall

Apparel Group, one of the region’s leading fashion and lifestyle retail conglomerates, has entered into a strategic partnership with Knowledge Economic City (KEC) to introduce 24 internationally recognised retail and dining brands at Multaqa AlMadinah Mall, reinforcing both organisations’ shared vision to elevate the retail and lifestyle experience in one …

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Lucid Announces Operational Reset and Second Quarter 2026 Results

Lucid Group, Inc. (NASDAQ: LCID), maker of the world’s most advanced software-defined vehicles and technologies, today announced financial results for its second quarter ended June 30, 2026, and outlined a comprehensive operational reset focused on strengthening execution, reducing cash burn and improving the customer experience.

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TCL Brings Its Global Air Conditioning Expertise to Saudi Arabia

As a pioneering brand in the global consumer electronics and air conditioning sector, TCL is bringing its air conditioning technologies and global expertise, trusted by millions of households worldwide, to Saudi Arabia. Consolidating its global leadership achieved through innovation-driven R&D investments, TCL has introduced the VoxIN JetMax to establish a …

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Knowledge Economic City Signs Agreement with Danube to Bring its Newest Premium Store to Multaqa Almadinah

Knowledge Economic City (KEC), the publicly listed master developer leading Madinah’s urban transformation, today announced the signing of an agreement with Danube Food & Luxuries Company (Danube), a subsidiary of BinDawood Holding and Saudi Arabia’s leading premium grocery retailer to open one of its largest store within Multaqa Al Madinah, …

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Arab National Bank Partners with LuLu Hypermarket to Expand anb Rewards Program

Arab National Bank (anb), one of the leading financial institutions in the Kingdom, has signed a Memorandum of Understanding (MoU) with LuLu Hypermarket Saudi Arabia, one of the largest retail chains in the region, marking a new strategic partnership aimed at expanding the network of partners within the anb Rewards …

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