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Prince Faisal bin Fahd bin Muqrin bin Abdulaziz, Deputy Ruler of Hail Region, today (Tuesday) welcomed Brigadier General Abdullah bin Fahd Al Anazi, the newly appointed Head of the Regional Passport Bureau, in his office.Prince Faisal bin Fahd praised the wise leadership’s unrestricted support to all security and government sectors and its keenness to provide capabilities and equipment and qualify human cadres to achieve its aspirations.Brigadier General Al Anazi expressed his appreciation for the interest of the deputy rulers of the region and stressed that his directive will have a significant impact in redoubling efforts to provide the best services…

Petromin Nissan is celebrating 10 years of partnership with Nissan and becoming the official distributor of the Nissan brand in the Kingdom of Saudi Arabia. This achievement embodies a partnership based on trust, sustainable performance and a long-term vision, which played an active role in the development of the Kingdom’s automotive sector.The event also highlighted Petromin’s continued confidence in the Saudi market, which was evident through Nissan’s leadership presence at the global, regional and local levels. It also reaffirmed Saudi Arabia’s position as one of Nissan’s most important growth markets in the region, consistent with Nissan’s global direction in the…

Dubai International Chamber of Commerce, one of the three chambers operating under Dubai Chamber of Commerce and Industry, today held a business information session on the sidelines of Gulfood 2026, the world’s largest exhibition and conference for the food and beverage sector. Gulfood 2026 will be held from January 26th to 30th at Expo City Dubai, Dubai World Trade Center and Dubai Exhibition Centre. The Chamber’s information session brought together 410 representatives from international food and beverage companies to explore the latest market data and key trends shaping the UAE’s food sector. The event featured presentations highlighting Dubai’s competitiveness as…

Gold prices rose on Tuesday, hovering just short of the $5,100 per ounce mark it breached for the first time in the previous session, as uncertainty surrounding U.S. President Donald Trump’s policy decisions prompted investors to seek the safety of bullion. Spot gold rose 1.2% to $5,073.52 an ounce at 1155 GMT. It hit an all-time high of $5,110.50 on Monday. US gold futures for February delivery fell 0.2% to $5,071.20 per ounce. OANDA Market Pulse analyst Zain Vawda said demand for safe havens is unlikely to be subdued anytime soon “due to the constant back-and-forth between President Trump and…

Merak Capital backs DSShield with $54 million investment News • December 30, 2025 edit arabic Saudi Arabia-based cybersecurity company DSShield has raised a $54 million (R203 million) funding round from Merak Capital. Founded in 2020 by Siraj Marghalani, DSShield provides end-to-end cybersecurity services to government agencies, critical national infrastructure operators, financial institutions, and large enterprises across Saudi Arabia. The investment will be used to expand DSShield’s security operations capabilities, strengthen its advisory and implementation capabilities, scale its managed services, and accelerate investments in proprietary technology development. press release: Merak Capital, a Saudi investment company licensed by the Capital Markets Authority,…

Ahmed Al Khatib, Minister of Tourism, confirmed that Saudi Arabia is leading fundamental changes through the development of prominent tourist destinations, major cities and globally unprecedented projects, pointing to the need for urban design that serves residents and visitors as one.While participating in a dialogue session within the 5th Future of Real Estate Forum to be held in the capital Riyadh from January 26 to 28, 2026, Minister Al Khatib highlighted the Diriyah model as an example of this modern approach. This is because the destination will include approximately 35 hotels, 11 museums, and numerous shopping and entertainment facilities to…

Monitoring carried out by Okaz revealed that the market profit of companies listed on the main stock index TASI during trading today (Tuesday) amounted to approximately 23.15 billion riyals, and the market capitalization of the listed stocks of 267 companies increased by 0.25% to 9.41 trillion riyals.Corporate transactions According to the monitoring, as of 2 p.m., the stock prices of 213 companies had increased, 43 companies had fallen, and 11 companies remained unchanged. of trading.According to the previous prices, the stock prices of eight companies, including Saudi Pipes, Al Fahriya, Electric Industries, Shuri, Shams, Real Estate, Letal, and Masar, rose…

Century Aluminum is poised to acquire a 40% stake in Emirates Global Aluminum’s planned U.S. smelter, the companies announced on Monday. The smelter is the first major aluminum plant to be built in the country in nearly 50 years. EGA, which owns 60% of the joint venture, announced plans to build a smelter in Inola, Oklahoma in May 2025. The companies did not disclose financial terms of the deal. EGA said last year it expected to invest about $4 billion in developing the project. Century’s participation will increase the smelter’s annual aluminum production capacity to 750,000 tons from the previous…

Microsoft and Meta are set to report Big Tech’s results this week under pressure to prove that high-stakes bets on artificial intelligence can fuel strong growth this year as a resurgent Alphabet leads in a high-stakes race. The companies, along with Amazon, are expected to increase their AI spending by 30% this year to more than $500 billion, an unprecedented spending spree that will bring increased scrutiny from investors. There are growing suspicions that Microsoft is wasting the first-mover advantage in AI it secured through its investment in OpenAI. The meta is also about to show the rewards of its…

Valur secures investment from Falak Angels News • December 30, 2025 edit arabic Saudi B2B SaaS platform Ballurh has raised strategic investment from Falak Angels Network. Founded in 2020 by Abdulela Alkesaiberi, Abdulwahab Alzaidi, and Abdullah Alhousawi, Ballurh operates an AI-powered SaaS platform designed to help restaurants and cloud kitchens optimize pricing, menu, and operational decisions through advanced analytics. This investment will support Ballurh’s expansion and goal of becoming the core operating system for restaurant growth across delivery platforms in the region. In September 2025, Ballurh received an investment from Saudi Arabia’s Value Makers Studio (VMS) as part of the…