Friday, August 14, 2026

Category: Corporate News

Corporate News

Sulaiman Al Homran selected for NEOM Young Architects Residency in Venice

**Headline:** *Sulaiman Al Homran Explores Zero-Gravity Urbanism* **Intro:** Sulaiman Al Homran, Lead Architect at Omrania, showcased innovative urban design strategies at the NEOM Young Architects Residency in Venice (July 7–13). Collaborating with Saudi peers and global mentors, he explored Zero Gravity Urbanism—a concept reimagining cities through futuristic, sustainable frameworks. The intensive program blended 3D modeling, […]

Corporate News

Omrania achieves milestones with “Project Management for Design Professionals Course”

**Titular:** “Empowering Design Pros with PM Skills” **Intro:** In September 2023, Omrania elevated its team’s expertise through the *PM4DP Course*, led by architect and project manager Don Ardiel. This hands-on training equipped architects and engineers with critical project management tools—from scope definition to risk mitigation—using real-world design examples. The initiative underscores Omrania’s commitment to fostering […]

Corporate News

Bahri Line wins ‘Supplier Spirit of Alliance Award’ at GE Conference

**Titular:** “Bahri Line Clinches GE Supplier Spirit Award” **Intro:** Bahri Line, a Saudi logistics leader, secured the 2023 “Supplier Spirit of Alliance Award” at GE’s Onshore Wind Supplier Conference in Florida. Honored for operational excellence and reliability, the firm was the sole shipping line recognized, underscoring its pivotal role in advancing global logistics and Saudi […]

Corporate News

Saudi Readymix earns Saudi Quality Mark, adds factories for sustainable concrete

**Titular:** “Saudi Readymix Achieves SASO Quality Mark” **Intro:** The Saudi Readymix Concrete Company has secured the Saudi Quality Mark, expanding its certified factories to 10, including new sites in Jubail, Al-Azizia, and Al-Hofuf. This milestone highlights its commitment to SASO-approved standards and ISO/IEC 17065 compliance, reinforcing leadership in sustainable concrete solutions and elevating Saudi Arabia’s […]

Corporate News

Ma’aden launches Saudi Arabia’s first mining science bachelor’s program at KFUPM

**Título:** Ma’aden Launches First Saudi Mining Degree **Intro:** Saudi Arabian Mining Company (Ma’aden), in partnership with the Ministry of Industry & Mineral Resources and King Fahd University of Petroleum and Minerals (KFUPM), has inaugurated Saudi Arabia’s first bachelor’s program in mining science and engineering. The initiative, aligned with Vision 2030, will train 30 students annually […]

Corporate News

Zain KSA achieves milestone: Q3 revenues surpass SAR 2.5 billion, 10% growth

**Titular:** “Zain KSA Posts Record Q3 Profit Surge” **Intro:** Zain KSA announced historic Q3 revenues exceeding SAR 2.5 billion, up 10% YoY, alongside a SAR 285 million net profit—a 234% annual leap. Growth stems from tower sale gains, enterprise tech demand (cloud, IoT, AI), and booming fintech via Tamam. Strategic 5G initiatives and ESG excellence […]

Corporate News

SEC reports Q3 and 9-month 2023 financial results with growth and challenges

**Título:** *SEC Q3 Net Profit Drops 8.3%* **Intro:** Saudi Electricity Company (SEC) reported a 4.6% rise in Q3 2023 revenue to SAR23.8 billion, driven by summer demand and subscriber growth. However, net profit fell 8.3% to SAR5.8 billion due to higher finance costs and Zakat provisions. The company reaffirmed its SAR500 billion investment plan through […]

Corporate News

Decrease in net profit attributed to higher operating costs and finance expenses

**Headline:** “Net Profit Shifts Amid Cost Pressures” **Intro:** The latest financial results reveal mixed performance, with quarterly net profit declines driven by rising operational and interest costs. However, annual growth highlights stronger revenues in oil and chemicals transport, alongside gains from asset sales and insurance recoveries, partially offsetting finance cost challenges. **Factbox (50w):** – **Quarterly […]

Corporate News

Saudi Electricity Company reveals substantial investment plans up to 2030

**Titular:** “SEC Unveils 2030 Investment Strategy” **Introducción:** The Saudi Electricity Company (SEC) announced its ambitious 2030 investment roadmap during the Future Investment Initiative (FII7) in Riyadh. Focusing on smart grids, renewable energy, and AI-driven solutions, SEC aims to bolster grid reliability and accelerate Saudi Arabia’s energy transition, aligning with global economic growth and sustainability goals. […]