Company News

LG Electronics Showcases Durable and Smart 2026 Air Conditioner Lineup for Summer

LG Electronics KSA (LG) is showcasing its 2026 lineup of Residential Air Conditioners (RAC) for the summer season. The range, which includes the stylish ARTCOOL, powerful DUALCOOL, and efficient JETCOOL models, is designed to deliver reliable performance and smart convenience, combining advanced Korean technology with quality Saudi-based manufacturing. Built for …

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LuLu Price Storm Takes Over KSA: 2,000+ Product Offers, Biggest of the Season

The ultimate offer, Price Storm, is here. From July 29 to August 1, 2026, it rolls into every LuLu Hypermarket with over 2,000 products at their biggest prices of the season, giving every household the chance to shop for the things they need and love, without a second thought about …

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SADAFCO Builds Momentum with Higher Revenue and Net Profit in Q2 2026

Saudia Dairy and Foodstuff Company (SADAFCO) has announced its financial results for the second quarter of 2026, reporting improved revenue and profitability compared with the previous quarter, supported by continued momentum across its core business. Revenue reached SAR 750 million, increasing by 1.7% quarter-on-quarter, while net profit attributable to shareholders …

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Almarai Ranked Among the Top Most Influential Brands in Saudi Arabia

Almarai has been ranked the most influential brand in the food and grocery sector in Saudi Arabia, in addition to being ranked third among the most influential Saudi brands in the Kingdom, according to a study released by Ipsos this year. This ranking reflects the trust consumers place in Almarai …

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Sony Launches the FX5 in Saudi Arabia, a Cinema Line Camera with a Newly Developed Image Sensor

Sony introduces the FX5 series in Saudi Arabia. The camera is equipped with a newly developed fully stacked CMOS image sensor and further enhances sensitivity performance and operability designed to meet the needs of production environments in a compact, highly portable body. This release will also include two new optional …

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LG Electronics Reports 2025 Scope 1 and 2 Emissions Below 2030 Target Level in Latest Sustainability Report

LG Electronics (LG), a global leader in environmental, social and governance (ESG) management, has released its 2025–2026 Sustainability Report, which highlights the company’s ongoing efforts to realize its vision for a Better Life for All. LG’s sustainability achievements align with Saudi Vision 2030 and the Saudi Green Initiative, which target …

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PepsiCo Signs Strategic Agreements with Iraqi Partners During Prime Minister Ali al-Zaidi’s Visit to Washington

PepsiCo is expanding its support for Iraqi industry, farmers, and jobs following two agreements with its partners, Baghdad Soft Drinks Company (BSDC) and Green Iraq Company (GICO), signed on the sidelines of the US-Iraq High-Level Business Summit at the US Chamber of Commerce. The agreements were signed during Iraq’s Prime …

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Bell Marks the Delivery of the 700th Bell 505 During Farnborough International Airshow

Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced today during Farnborough International Airshow 2026 that it has delivered its 700th Bell 505 to a private VIP operator, highlighting the platforms’ popularity in the corporate aircraft segment.

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LG Electronics Boosts Global Installation and Service Capabilities With HVAC Academy Expansion

LG Electronics (LG) is expanding its Heating, Ventilation and Air Conditioning (HVAC) Academy network to strengthen the installation and service capabilities of its global HVAC business. The company has opened new facilities and relocated existing ones within key markets in the Middle East and Africa (MEA), Asia, Europe, and Latin …

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Sav and Visa Announce Strategic Partnership to Enhance Digital Payment Experiences Across Saudi Arabia

Sav, the region’s rapidly growing consumer fintech platform, and Visa, a world leader in digital payments, have signed an exclusive five-year, multimillion-dollar strategic partnership that will see Visa become Sav’s exclusive card network across Saudi Arabia. The collaboration will accelerate product innovation, customer acquisition, and the expansion of Sav’s card …

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