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Barq Reaches $1.85 Billion Valuation After $329.5 Million Funding Round

Saudi digital-payments company Barq has raised $329.5 million in Series A funding from investors including Noon Investments and Sohar International Bank, lifting its valuation to $1.85 billion after surpassing 15 million users.
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Saudi Arabia Implements New General Education Framework

Saudi Arabia’s new General Education System strengthens national oversight of schools while expanding the regulated role of private and non-profit providers as the government se...

PIF Launches Gulf Coast Development Company for Al-Khafji

Saudi Arabia’s Public Investment Fund has created Gulf Coast Development Company to develop a 20-square-kilometre residential and tourism destination along the Al-Khafji waterfr...

Riyadh Expands Residential Land Programme to Ease Housing Pressure

The Royal Commission for Riyadh City has opened the second year of its Real Estate Balance Programme, which aims to release between 10,000 and 40,000 developed residential plots...

Veolia Signs Three Saudi Agreements on Water, Waste and Decarbonisation

French environmental-services group Veolia has signed three agreements in Saudi Arabia covering water technologies and hazardous-waste management, with the partnerships also tar...

Riyadh Hosts UNESCO Global Forum on Artificial Intelligence Ethics

Saudi Arabia has hosted the fourth UNESCO Global Forum on the Ethics of Artificial Intelligence, bringing policymakers, technology experts and other stakeholders together to dis...

Saudi Aramco Seeks Mediterranean Fuel Cargoes After Red Sea Energy Disruptions

Saudi Aramco has been seeking diesel and gasoline supplies from Mediterranean and European markets following attacks and disruptions affecting energy infrastructure on the kingd...

Tabby Raises $233 Million at $6.5 Billion Valuation

Saudi-headquartered financial-technology company Tabby has secured $233 million in fresh equity funding at a $6.5 billion valuation as it expands beyond buy-now-pay-later servic...

PIF Launches 2026-2030 Strategy With Greater Focus on Returns and Domestic Investment

Saudi Arabia’s Public Investment Fund has begun a new five-year strategy centred on investment efficiency, private-sector participation and six domestic economic ecosystems, inc...

Saudi Aramco Halts October Crude Deliveries to European Refiners After Pipeline Attack

Saudi Aramco has told European refining customers they will receive no crude under long-term contracts in October after a drone attack forced the shutdown of the kingdom’s East-...

Saudi Cybersecurity Federation Hosts International Developer Competition in Riyadh

Thousands of technology specialists are gathering in Riyadh for a hackathon focused on cybersecurity and smart-city applications, with private-sector sponsors supporting new tec...

Riyadh Season Expands Winter Entertainment and Combat Sports Programme

Saudi entertainment authorities are preparing a new Riyadh Season schedule featuring international sporting events, championship boxing and theatrical productions.
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