Conflict dents Alba production and sales in Q1 2026
Thursday, May 14,2026,01:54

Despite ongoing disruptions to shipping through the Strait of Hormuz and damage to its smelting facility caused by Iranian attacks in March, the Bahraini aluminium producer recorded a 316% increase in net profit to $200.3m .. read more..

‎Maharah CEO sees up to 13% revenue growth in 2026
Wednesday, May 13,2026,21:46

‎ Abdulaziz Al-KathiriCEO of Maharah Human Resources Co. Abdulaziz Al-Kathiri , CEO of Maharah Human Resources Co. , said the company targets revenue growth of 10% to 13% in 2026, alongside workforce expansion of 10% to 12%, while maintaining a gross profit margin of 10% to 12% and a net income margin of 7% to 9%. In an interview with Argaam , Al Kathiri said Maharah expects its business segment to post revenue and workforce growth of 6% to 7%, reaching around 46,000 to 47,000 employees by the end of 2026. The company plans to focus on government and semi-government entities, professional staffing, the Esnad platform, and the petrochemicals sector. He added that the individual segment is ... .. read more..

‎Zoujaj sees Riyadh line restart in Q2 2026
Wednesday, May 13,2026,21:00

‎ Omar Al Humaidan, Chairman of The National Company for Glass Industries (Zoujaj), said a fire at the company’s Riyadh plant led to the temporary shutdown of one production line, reducing total production capacity by around 20% during the period. The damaged line is currently undergoing maintenance, with commercial operations expected to resume in the second quarter of 2026, Al Humaidan told Argaam in an interview. The value of insurance compensation will be determined once repairs are completed and operations restart. The sharp rise in Zoujaj’s Q1 2026 net profit was driven by improved performance at its joint ventures in the flat-glass sector, with stronger operating and financial resu... .. read more..

‎Al-Hogail says vacant property rules tailored to city needs
Wednesday, May 13,2026,20:50

‎ Saudi Arabia’s Minister of Municipalities and Housing, Majed Al-Hogail, said vacant property regulations are designed to curb price increases in residential and commercial real estate, with city-specific measures tailored to local needs. Speaking at a government press conference, Al-Hogail said the rules set criteria including vacancy duration, geographic scope and property use types subject to fees, adding the policy would be activated only when needed based on indicators from the Real Estate General Authority (REGA). He said cities will be assessed using metrics including income, rents and inflation to determine when the policy applies, with a one-year implementation period to evaluat... .. read more..

‎US oil inventories drop 4.3M barrels
Wednesday, May 13,2026,20:08

‎ US crude oil inventories declined in the week ended May 8, extending losses for a third consecutive week, according to data released Wednesday by the Energy Information Administration (EIA), falling more than expected, compared with forecasts pointing to a decrease of 2.3 million barrels. US Crude Derivatives Inventories (mln barrels) Item Last Year Last Week Current Weekly Change Crude Oil 441.8 457.2 452.9 (4.3) Gasoline 224.7 219.8 215.7 (4.1) Distillates 103.6 102.3 102.5 +0.2 The data points to rising fuel demand in the United States ahead of the summer travel season, which the IEA has warned could see oil price spikes amid supply concerns stemming from the war in the Middle East. .. read more..

‎Ladun says outstanding invoice value stands at SAR 1.03M
Wednesday, May 13,2026,20:00

‎ Logo ofLadun Investment Co. Ladun Investment Co. received today, May 13, approval to cancel fees imposed on 12 land plots after the sites were developed under the executive regulations of the White Land and Vacant Properties Fee system, reducing the total outstanding invoices to about SAR 1.03 million. In a Tadawul statement, the company said total invoices received for 2023-2026 amounted to SAR 26.47 million, while previously processed amounts totaled SAR 12.11 million, including SAR 1.53 million related to 2026 and SAR 10.58 million in fees canceled in 2025. The company said fees on 12 land plots worth SAR 13.33 million were canceled today, bringing the total amount processed to date ... .. read more..

‎East Pipes distributes 40% cash dividend for H2 2025/2026
Wednesday, May 13,2026,17:11

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‎Bidaya Finance Q1 2026 up 10% to SAR 2.5M
Wednesday, May 13,2026,16:32

‎ Bidaya Finance Co. reported a net profit of SAR 2.5 million for the first quarter of 2026, compared to SAR 2.3 million in the same period a year ago. Income Statement Period Q1 2025 (SAR mln) Q1 2026 (SAR mln) Change Income from financing and investment 68.47 74.43 +8.69% Net Profit 2.27 2.51 +10.47% Average number of shares (mln) 90 90 -- EPS (SAR/share) 0.03 0.03 +10.47% The company's gross special commission income from financing rose by 8.69% YoY to SAR 74.4 million, from SAR 68.5 million in Q1 2026. This was mainly driven by income from Murabaha contracts, as well as growth in fee income during the three-month period. Furthermore, financing costs declined by 6% YoY during the first... .. read more..

‎ADES secures standard jack-up rig contract in Nigeria
Wednesday, May 13,2026,16:25

‎ ADES Holding's jack-up rig ADES Holding Co. said it secured a one-year contract from Belbop Nigeria Ltd. for its Main Pass IV standard jack-up rig in Nigeria. In a statement to Tadawul , the company said that the total backlog for the firm term is estimated at nearly SAR 180.7 million ($48.2 million). The contract has a one-year firm term, with an additional one-year unpriced option. This award reinforces ADES’ ability to secure attractive contracts for its fleet across key markets, supporting backlog visibility and continued utilization across its global platform. It also reflects the continued strength of demand for offshore jack-up capacity amid a structurally tight market environmen... .. read more..

‎Equipment House OGM to vote on 10% dividend for 2025 on June 16
Wednesday, May 13,2026,16:09

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‎OPEC lowers 2026 global oil demand growth forecast
Wednesday, May 13,2026,15:42

‎ Logo of OPEC OPEC lowered its forecast for world ⁠oil demand growth in 2026, joining other forecasters such as the International Energy Agency that have reduced their expectations ⁠due to the Iran war. In its monthly report released Wednesday, the Vienna-based organization projected that global oil demand will grow by approximately 1.2 million barrels per day (bpd) in 2026, compared to the 1.4 million bpd forecast last month. On the other hand, the organization projected that global oil demand will grow by approximately 1.5 million bpd in 2027, an increase of 200,000 bpd from its April forecast. OPEC maintained its forecast for oil supply growth from outside the OPEC+ alliance at 600,00... .. read more..

‎TASI falls 0.2% to 11,020 pts, turnover at SAR 5.6B
Wednesday, May 13,2026,15:39

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‎Panda triples online business: Savola CEO
Wednesday, May 13,2026,14:46

‎ Sameh Hassan, CEO of Savola Panda Retail Co. nearly tripled its e-commerce segment year-on-year (YoY) in Q1 2026, Savola Group CEO Sameh Hassan told Argaam in an exclusive interview. He expects store expansions and online growth to contribute positively to profitability as these investments mature. New store expansion and e-commerce growth are strategically important for Panda’s long-term value creation, he said, noting that new stores typically go through a ramp-up phase of around two to three quarters before reaching optimal profitability. The group carefully selects the locations of new outlets, he added. Panda’s revenue dipped slight despite new store openings, Hassan said, noting t... .. read more..

Financial challenge tests Iraq’s resolve
Wednesday, May 13,2026,14:45

Insecure dollar flow and conflict pressure only hasten the need for financial reform .. read more..

Contractor appointed for Oman power plants
Wednesday, May 13,2026,14:45

The Misfah and Duqm projects will deliver a combined 2,400MW of new gas-fired power capacity .. read more..

‎Expat remittances in Saudi Arabia hit record SAR 165.9B in March
Wednesday, May 13,2026,14:25

‎ 100$ banknote Remittances by expatriates in Saudi Arabia saw a 9% year-on-year (YoY) increase to around SAR 16.92 billion in March 2026, recent data from the Saudi Central Bank (SAMA) showed. According to the data, remittances by expatriates reached their highest ever level during the month. Compared to February 2026, remittances rose by 35%, or about SAR 4.4 billion, in March. Expat Remittances (SAR bln)​ Month 2025 2026 Change January 13.74 13.32 (3%) February 12.78 12.55 (2%) March 15.49 16.92 +9% April 12.61 -- -- May 15.20 -- -- June 13.83 -- -- July 14.91 -- -- August 13.29 -- -- September 13.35 -- -- October 13.67 -- -- November 12.63 -- -- December 14.01 -- -- Meanwhile, remitta... .. read more..

‎POS transactions total SAR 14.2B last week: SAMA
Wednesday, May 13,2026,12:40

‎ Number of POS transactions reached about 251.5 mlnlast week: SAMA The point-of-sale ( POS ) transactions in Saudi Arabia reached nearly SAR 14.2 billion in the week ended May 9, compared to about SAR 16.6 billion a week earlier. The number of POS transactions reached about 251.5 million last week, down from nearly 270.7 million the previous week, according to data from the Saudi Central Bank (SAMA). POS transactions represent consumer expenditure through debit and credit cards at major shopping centers, retail outlets, pharmacies, and others. read more..

‎MOMAH endorses exec regs for vacant property fees
Wednesday, May 13,2026,12:25

‎ Riyadh city The Ministry of Municipalities and Housing (MOMAH) endorsed today, May 13, the executive regulation for vacant property fees, which only apply in case of vacancy criteria apply. The move is an extension of the directives of Crown Prince Mohammed bin Salman, aimed at achieving balance in the real estate market, the ministry said in a statement on X. It added that the cities and geographical zones covered by the new regulations will be announced later in accordance with the approved criteria. The ministry also explained that the new regulatory framework aims to improve the efficiency of real estate asset utilization, encourage the operation of vacant properties, increase real ... .. read more..

‎Saudi Aramco plans to raise $10B from real estate assets
Wednesday, May 13,2026,11:41

‎ The Dhahran complex houses Aramco’s headquarters in Saudi Arabia’s Eastern Province Saudi Aramco is studying plans to raise at least $10 billion from its real estate assets, including the Dhahran complex that houses its headquarters in the Eastern Province, Bloomberg reported, citing sources. Aramco is in preliminary talks on a potential deal and is also considering a sale-and-leaseback option, which would allow it to unlock capital while retaining the right to use its real estate assets. The Saudi oil giant is also weighing the sale of a stake in its oil export and storage business, alongside deals linked to gas-fired power plants and water infrastructure. .. read more..

Taziz partners with Alpha Dhabi for $10bn second phase
Wednesday, May 13,2026,10:21

The second phase of the derivatives complex in Abu Dhabi’s Ruwais could produce up to 14 new chemicals, having a total output capacity of roughly 2.2 million tonnes a year, with a joint feasibility and market study currently under way .. read more..

JinkoSolar signs 2GW deal for Abu Dhabi solar project
Wednesday, May 13,2026,10:21

The contract entails solar photovoltaic (PV) modules for Abu Dhabi's landmark $6bn solar and battery energy storage system (Bess) project .. read more..

Dubai opens prequalification for Jebel Ali STP expansion
Wednesday, May 13,2026,10:21

The public private partnership (PPP) project will add up to one million cubic metres a day of treatment capacity .. read more..

‎BAAN discloses plan to offset losses before Q2 2026-end
Wednesday, May 13,2026,08:56

‎ Logo ofBAAN Holding Group Co. BAAN Holding Group Co. announced plan to fully eliminate the accumulated losses before the end of Q2 2026, as part of the company’s strategy to strengthen its financial position, enhance financial solvency indicators, and support the sustainability and future expansion of its business operations. In a Tadawul statement, the company said this initiative comes as an extension of the measures undertaken by the company within its capital restructuring and financial optimization program, following the approval of the extraordinary general assembly (EGM) to increase the company’s capital for acquiring real estate assets. Accordingly, the board of directors intend... .. read more..

‎AMAK resumes operations at Al Masane plant
Wednesday, May 13,2026,08:50

‎ Logo ofAlmasane Alkobra Mining Co. (AMAK) Almasane Alkobra Mining Co. ( AMAK ) resumed operations at Al Masane plant for processing base metals (zinc and copper concentrates), effective today, May 13, following a temporary shutdown that lasted 16 weeks. .. read more..

Algeria turns the GCC oil crisis into an economic opportunity
Wednesday, May 13,2026,07:58

Amid high global energy prices, the country is pushing ahead with major projects .. read more..

‎US crude oil inventories fall 2.2M barrels, says API
Wednesday, May 13,2026,07:55

‎ Oil tanks US crude oil inventories fell in the week ended May 12, according to estimates released on May 12 by the American Petroleum Institute (API). Commercial crude stockpiles declined by 2.18 million barrels during the week, compared with market expectations for a decline of 1.65 million barrels only. Gasoline inventories rose by 502,000 barrels, while distillate inventories, including diesel and heating oil, fell by 319,000 barrels, the report showed. Official data from the US Energy Information Administration is due today, May 13. Analysts expect crude inventories to decline by 2.3 million barrels, marking a third consecutive weekly drop. On Tuesday, Brent crude futures for July d... .. read more..

‎MSCI removes 6 Saudi stocks from indices
Wednesday, May 13,2026,07:38

‎ Logo ofMSCI MSCI Inc. said in its latest index review that shares of Perfect Presentation for Commercial Services Co. (2P), Eastern Province Cement Co., Theeb Rent a Car Co., Lumi Rental Co., Saudi Manpower Solutions Co. (SMASCO) and AFG International Co. (Cenomi Retail) will be removed from the MSCI Saudi Arabia Small Cap Index. MSCI made no changes to the Saudi constituents of the MSCI Global Standard Index, leaving the total number of Saudi companies in the index unchanged at 34. The number of Saudi companies included in the MSCI Small Cap Index stands at 84. MSCI said the changes will be made as of the close of trading on May 29. As the date falls on a Friday, the changes will take ... .. read more..

Iraq LNG project delayed until next year
Wednesday, May 13,2026,05:56

Work on jetty reinforcement is behind schedule .. read more..

Market trends in ECA financing for delivery of critical GCC project pipelines
Wednesday, May 13,2026,04:44

ECA financing has growing appeal as an enabler of capital for critical infrastructure as well as driving strategic policy agendas, says global law firm King & Spalding .. read more..

‎Luberef CEO: New marketing channels built during ME tensions
Tuesday, May 12,2026,23:47

‎ Saudi Aramco Base Oil Co. ( Luberef ) developed new marketing channels during recent regional tensions, including Oman and Fujairah, CEO Samer Al-Hokail told Al Arabiya. He added that the company also leveraged strategic storage and inventories of base oils in South Africa, Europe and Asia, helping it navigate challenges. Luberef operates a flexible business model and a strong product portfolio, the CEO said, adding that the company has an advanced risk management framework that is regularly updated to address various scenarios and future risks. He said the company hedged against rising shipping costs by signing freight contracts that helped mitigate increases that exceeded 200% during ... .. read more..

‎Saudi firms’ Q1 profit ex-Aramco up 13% to SAR 46.3B
Tuesday, May 12,2026,23:41

‎ Combined profits of Saudi listed companies excluding Saudi Aramco rose 13% year-on-year (YoY) to SAR 46.3 billion in the first quarter of 2026, driven mainly by the banking, petrochemicals and energy sectors. Including Aramco, aggregate profits for Saudi listed firms increased 22% YoY to around SAR 166.5 billion in Q1 2026, supported by a 26% rise in Aramco’s profit to SAR 120.1 billion, accounting for more than 72% of total market earnings. Change in aggregate Q1 2026 profits (SAR bln)* Period Saudi Market Change% Saudi Market ex-Aramco Change% 2025 Q1 136.8 -- 41.1 +23 % Q2 124.5 (16%) 39.9 (7%) Q3 143.6 +1 % 46.3 +5 % Q4** 84.9 (35%) 15.5 (65%) 2026 Q1 166.5 +22% 46.3 +13% * Excludin... .. read more..

‎Saudi tenders section of GCC railways: Report
Tuesday, May 12,2026,22:27

‎ Saudi Arabia launched procurement for its section of the GCC railway project linking the six member states, MEED reported. Saudi Arabia Railways (SAR) issued a tender on May 7 for design consultancy services, with bids due by June 30. The scope covers concept, preliminary, and issued-for-construction (IFC) design stages for the network. SAR will also require the selected consultant to review, update, and complete the existing preliminary design. The Saudi segment will run from Al Khafji in the Eastern Province near the Kuwait border to Al Al Bathaa on the UAE border, spanning about 672 kilometers. Under the broader GCC plan, the 2,186-km railway will extend from Kuwait through Dammam in... .. read more..

‎AYYAN completes SAR 185M Al Khobar land acquisition, leaseback deal
Tuesday, May 12,2026,22:06

‎ AYYAN Investment Co. completed all procedures and asset transfers under its asset purchase agreement with, in line with applicable regulations. The company said in a statement on Tadawul that the financial impact is expected to be reflected starting from Q2 2026. According to Argaam data, AYYAN signed the asset purchase agreement in May with Al Othman Agriculture Production And ProcessingCo. (NADA) to acquire a land plot and related fixed and movable assets in Al Jawhara district in Al Khobar, in line with the terms of the agreement, for SAR 185 million. The deal includes the acquisition of a 15,230-square-meter land plot and associated assets, including several buildings designated for... .. read more..

‎NDMC closes May issuance of sukuk program at SAR 2.42B
Tuesday, May 12,2026,22:00

‎ The National Debt Management Center (NDMC) completed the order book for its May issuance, under the Saudi Arabian Government SAR-denominated Sukuk Program. The total amount allocated stood at SAR 2.42 billion. The issuance was divided into five tranches. The first totaled SAR 348 million, maturing in 2031, while the second was valued at SAR 35 million, maturing in 2033. The third tranche was valued at SAR 1.01 billion and will mature in 2036, followed by a fourth one worth SAR 1.01 billion, maturing in 2039. The last tranche totaled SAR 10 billion and will mature in 2041. .. read more..

‎TASI: Major ownership changes on May 10
Tuesday, May 12,2026,19:20

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‎US debt servicing costs exceed $100B monthly
Tuesday, May 12,2026,19:04

‎ US public debt servicing costs climbed to a record monthly high in April, while higher military spending partly linked to the Middle East war weighed on the federal budget surplus, the monthly Treasury data showed. The US Department of the Treasury reported a federal budget surplus of $215 billion in April, down $43 billion, or 17% year-on-year (YoY), partly due to higher tax refunds tied to new exemptions. Gross interest payments on public debt rose 10% YoY to a record $112 billion in April. For the first seven months of the fiscal year, total interest payments reached an all-time high of $734 billion, up $50 billion, or 7% YoY. Meanwhile, customs revenue totaled $22.1 billion in April... .. read more..

‎BCI CEO expects steady demand in Q2, better profit margins
Tuesday, May 12,2026,19:03

‎ Alaa Al-Shaikh, CEO of BCI Basic Chemical Industries Co. ( BCI ) CEO Alaa Al-Shaikh said demand is expected to remain steady during Q2 2026 at levels similar to Q1, along with a relative improvement in profit margins. This will be driven by the company’s focus on serving and supporting customers under the current conditions, Al-Shaikh told Argaam in an interview. BCI returned to profitability in Q1 2026 came as a result of the continued restructuring of the company’s operations. “We focused primarily on the products of the Jubail Industrial City plant and operated it at full capacity for three consecutive years, while selling its full production within Saudi Arabia and regional markets,... .. read more..

‎TADCO’s board amends capital cut proposal to 80.5%
Tuesday, May 12,2026,18:52

‎ Logo ofTabuk Agricultural Development Co. (TADCO) Tabuk Agricultural Development Co.’s ( TADCO ) board of directors decided, on May 12, to amend its capital reduction recommendation from 77.41% to 80.47%. .. read more..

‎Saudi Cabinet approves setting up Kingdom University in Riyadh
Tuesday, May 12,2026,18:04

‎ Cabinet meeting The Saudi Cabinet approved the rules and procedures governing the work of committees responsible for resolving insurance disputes and violations, during its meeting held today, May 12, in Jeddah, chaired by Crown Prince and Prime Minister Mohammed bin Salman. The Cabinet also approved several decisions, most notably the establishment of Kingdom University in Riyadh. During the session, the Council reviewed the quarterly report on the performance of the state’s general budget for 2026, including indicators reflecting the government’s continued commitment to enhancing spending on priority sectors such as healthcare, education, social development, and infrastructure, includ... .. read more..

‎TADCO ends acting CEO tenure, names Khalid Al-Amoudi as CEO
Tuesday, May 12,2026,17:45

‎ Logo of Tabuk Agricultural Development Co. (TADCO) Tabuk Agricultural Development Co. ( TADCO ) ended the assignment of Abdullah Hamoud Al-Salhi from his duties as Acting CEO at the end of May 31, 2026. Meanwhile, he will continue in his position as Managing Director (executive board member). The board also approved the appointment of Khalid Saleh Abu Bakr Baqadir Al-Amoudi as CEO, effective as from June 1, 2026, according to a Tadawul statement. The company also explained that Al-Amoudi holds a PhD in economics from Umm Al-Qura University, a Master’s degree in finance from the University of Business and Technology, and a Bachelor’s degree in geological sciences from King Abdulaziz Univ... .. read more..

‎Several firms eye IPOs in Saudi market: Report
Tuesday, May 12,2026,16:55

‎ Tadawul trading screen Several companies are pursuing potential listings on the Saudi stock market, including Health Water Bottling Co. Ltd. (HWB), an subsidiary of Olayan Group, in addition to telecom services provider Etihad Salam Telecom Co, Bloomberg reported, citing sources. According to the report, Olayan Financing Co. is working with Lazard Saudi Arabia Ltd on a initial public offering (IPO) for Water Bottling and recently sent requests for proposals to banks. Etihad Salam Telecom is also seeking firms for secondary banking roles in its planned listing. Sources said ArcelorMittal Tubular Products Jubail Co. appointed JPMorgan Chase Co. and HSBC Holdings plc as advisers, while Alk... .. read more..

‎MBC board plans dividend freeze for 2025
Tuesday, May 12,2026,16:20

‎ Logo ofMBC Group MBC Group said itsboard of directorsrecommended, on May 11,withholdingdividend payment for2025. In a statement to Tadawul , the company said the decision aims to support any future expansion activities, preserve liquidity, and strengthen the financial position of the company. According to data available with Argaam , MBC’s net profit declined to SAR 382.5 million in 2025, compared to SAR 400 million in the year-earlier period. The company has not distributed dividends since its listing on TASI in January 2024. .. read more..

‎Almarai accepts CFO resignation, appoints Ikram UlHaque as successor
Tuesday, May 12,2026,16:06

‎ Logo ofAlmarai Co. Almarai Co. said it has accepted the resignation of CFO Danko Maras , who stepped down for family reasons, with the resignation effective from July 1, 2026, after six years with the company. In a Tadawul statement, the company added that Ikram UlHaque was appointed as his successor effective July 1, 2026. UlHaque holds an MBA from the University of Sydney in Australia and a bachelor’s in economics with a specialization in accounting from Macquarie University in Australia. He is also a member of the Chartered Accountants institutes in Australia and New Zealand. The company described him as a prominent finance executive who has spent around 20 years at Almarai, holding ... .. read more..

‎TASI falls 1.1% to 11,039 pts, turnover at SAR 6.7B
Tuesday, May 12,2026,15:32

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‎Executive regs for vacant property fees to be passed today: Report
Tuesday, May 12,2026,15:01

‎ Riyadh city Saudi Arabia is expected to announce today the approval of the executive regulations governing annual fees on vacant properties, according to sources cited by Al Eqtisadiah newspaper. The report said the implementation date for fee collection will be determined later, paving the way for annual fees of up to 5% of a building’s value when vacancy criteria are met. Sources added that clarification is still awaited on whether the six-month vacancy period will be calculated on a consecutive or cumulative basis, in accordance with the approved controls, standards, and implementation mechanisms. According to Argaam , the Ministry of Municipalities and Housing (MOMAH) had previously... .. read more..

French regulator looking into Libya oil claims made by TotalEnergies
Tuesday, May 12,2026,14:41

It has been alleged that the oil and gas company materially misrepresented the timing of the restart of production at the Mabruk field .. read more..

Local firm wins Dubai sewage drainage contract
Tuesday, May 12,2026,14:41

Dubai Municipality has awarded a contract for a drainage system in Dubailand, with further awards expected in the coming weeks .. read more..

Chinese-Saudi joint venture to build $566m copper plant
Tuesday, May 12,2026,14:41

The joint venture, in which Zhejiang Hailiang holds 51% of the stake and Rawas the other 49%, plans to build the 150,000 tonnes-a-year facility in Dammam .. read more..

Dubai Holding increases its shareholding in Emaar
Tuesday, May 12,2026,14:41

Dubai Holding’s total shareholding in Emaar Properties has risen to 29.73% .. read more..

‎Employment-linked training reshapes sector talent: FIP CEO
Tuesday, May 12,2026,13:34

‎ Food Industries Polytechnic CEO Ibrahim Alegaily Food Industries Polytechnic (FIP) CEO Ibrahim Alegaily said employment is an integral part of the institute’s training programs, offered in partnership with the private sector, noting that trainees sign five-year contracts with companies from the outset. In an interview with Argaam , he said the expansion of the food sector and the geographic diversity of its activities across Saudi Arabia require flexible training models that can adapt to varying specializations and regional needs, helping to qualify talent and employ them in their local areas, as well as enhance program efficiency and ensure sustainable impact. Alegaily reviewed the ins... .. read more..