The wire

The board of Adnoc Distribution, the Abu Dhabi-based fuel and convenience retailer, has announced a second-quarter dividend after revenue rose on higher fuel volumes and network expansion. The dividend of $175 million, or 5.14 fils per share, will be paid in September, the company said in a statement to the Abu Dhabi Securities Exchange (ADX). […]

Electronic Arts has officially become a private company after a $55 billion deal led by Saudi Arabia's Public Investment Fund, Silver Lake, and Affinity Partners to take the company private.

enContinuity of internal audit system services at Social Development Bank

The entity: Social Development Bank — Procurement and Contracts Administration, General Administration · Activity: Information Technology · Competition type: Public Tender · Reference number: 260839001208 · Last date for proposals: 2026-08-20

Saudi Aramco President and CEO Amin Nasser warned that the impact of the Strait of Hormuz crisis extends beyond global oil supplies to global food security, describing the closure as the largest oil supply shock in history. He noted that global markets had lost more than 2.6 billion barrels of supplies since the crisis began and emphasized Aramco's continued strong financial and operational momentum, a sustainable base dividend, and focus on strategic growth objectives.

enSupply and Installation Project for Devices for the Attendance Monitoring System

Client: University of Tabuk — Contracts and Procurement Administration · Activity: Information Technology · Competition type: Public Tender · Reference number: 260839000489 · Last date for submissions: 2026-08-20

Najran - More than 4,400 greenhouses in Najran produce over 37,000 tons of tomatoes and cucumbers, helping strengthen agricultural sustainability, enhance food security, and support the local economy. In addition to tomatoes and cucumbers, the greenhouses produce a variety of other crops, including bell peppers, zucchini, eggplant, okra, strawberries, figs, and leafy vegetables, with careful attention from farmers to irrigation, fertilization, and regular crop monitoring to ensure optimal growing conditions, improved crop quality, conserved water, and year-round production.

enImproving Emergency Operations through Direct Linking of Medical Devices with Control and Command Centers

Entity: Saudi Red Crescent Authority — Procurement Administration · Activity: Information Technology · Competition Type: Public Tender · Reference Number: 260739011219 · Last date to submit bids: 2026-09-04

enUnified Customer Relationship Management System Operation Project

The Authority: Ministry of Human Resources and Social Development — Purchasing Administration · Activity: Information Technology · Competition Type: General Competition · Reference Number: 260839000421 · Latest date to submit offers: 2026-09-04

enRenewal of System License for Monitoring and Event Logs

Entity: Saudi Irrigation Organization (S — Competition Section · Activity: Healthcare and Rehabilitation · Competition Type: Open Tender · Reference Number: 2000002550 · Deadline for proposals: 2026-08-23)

enProject to complete supply, installation of irrigation networks in various streets of Qatif Governorate for 2026-2027

Entity: Qatif Municipality — Qatif Governorate Municipality · Activity: Agricultural activities · Competition type: public competition · Reference number: 260739009920 · Last date for submitting bids: 2026-08-25

enCorrective and preventive maintenance for the reverse osmosis system at the Thuwal production unit

Entity: Saudi Water Authority — Al-Aziziyah Desalination Plant · Activity: maintenance and repair services for devices, equipment, and machinery · Competition type: direct purchase · Reference number: 260839000614 · Last date to submit bids: 2026-09-04

enSaudi Energy revenue up 11% on expanding customer base

Saudi Energy, formerly Saudi Electricity Company, reported revenue growth in H1 2026 driven by an expanding customer base and higher income from building substations and transmission lines. Revenue rose 11% to more than SAR 52 billion ($14 billion), with net income up nearly 8%.

enDigital Innovation and Culture Project

Entity: Real Estate Development Fund – General Administration of Purchases and Contracts - Tender Section · Activity: Information Technology · Competition Type: General Tender · Reference Number: 260739008917 · Closing date for submissions: 2026-08-20

enTechnical and logistical support for detection, removal, and neutralization of explosive devices

The Air Force — Procurement Administration; Security and safety activities; Public competition; Reference number: 260739010502; Last day to submit bids: 2026-09-03

enMaintenance and Fire Systems at Bahir Abu Sukayna Municipality

Entity: Bahir Abu Sukayna Municipality – Bahir Abu Sukayna · Activity: Security and Safety Activities · Competition Type: Public Tender · Reference Number: 260739000144 · Last date to submit bids: 2026-08-19

enProviding Operational Cybersecurity Services

Entity: National Program for Regional Community Development — National Program for Community Development in Regions. Activity: Information Technology. Tender type: General Competition. Reference number: 260739011212. Closing date for proposals: 2026-08-19.

Kuwaiti developer Mabanee’s shopping malls held steady occupancy and footfall during the regional conflict, but weaker hotel demand weighed on earnings as travel disruption hit its hospitality business. Second-quarter net profit fell 8 percent year on year to KD15.5 million ($50.5 million), as regional conflict impacted its hospitality division. Revenue slipped 6 percent to KD32.2 […]

Riyadh marks key milestones in preparations for Expo 2030, including completion of excavation and backfilling, progress on the main service corridor, high safety milestones, environmental relocation efforts, and international cooperation with Expo 2027 Belgrade and a Structured Knowledge Transfer & Observer Program.

Beltone Venture Capital completed a partial exit from BirdNest, generating a 3.5x return on invested capital and an 80% IRR after a two-year holding period while retaining a stake in the company.

Saudi developer Jabal Omar Development Company said revenue rose in the second quarter and first half of 2026, supported by a focus on its hotel and mall segments. Revenue grew 43 percent year on year to SAR715 million ($191 million) in the second quarter as a result of continued improvement in hotel performance, particularly during […]