Sunday, November 15, 2026

SMASCO

SMASCO Saudi Arabia aims to raise 900 million riyals in an initial public offering

The price range for the initial public offering of the Saudi “Smasco” company is set between 7 and 7.5 riyals per share, indicating a market value between 2.8 billion and 3 billion riyals. The Saudi Manpower Solutions Company (Smasco) announced...

SMASCO offers its shares for public subscription

SMASCO obtains approval from the Capital Market Authority to offer 30% of the company's shares. “Saudi Manpower Solutions Company ”Smasco“, upon the approval of the Capital Market Authority to register its shares, and to offer 120 million shares for public...

Latest News

Filipino Teen Wins Inaugural Eurovision Asia Contest in Bangkok

Filipino pop star Carmelle triumphed at the debut Eurovision Asia held in Bangkok, securing the top spot with her song “Sobra‑Sobra”. The event featured 11 nations and drew enthusiastic crowds despite a modest live audience.

Saudi Interior Ministry Executes Two Convicted Terrorists, Warns of Ongoing Crackdown

The Saudi Interior Ministry announced that two citizens, Fadel bin Hassan bin Abdullah Al Safwani and Jawad bin Abdullah bin Ali Khurairis, were executed after their terrorism convictions were upheld. The ministry warned that severe measures will persist against anyone endangering public security.

Gulf Railway Project Set to Boost Trade and Cut Transport Costs by 2030

Business leaders and experts say the Gulf Railway will streamline logistics across the GCC, handling millions of passengers and 200 million tonnes of cargo annually. The network connects Kuwait, Saudi Arabia, Bahrain, Qatar, the UAE and Oman.

Gulf Rail Project Opens New Private Sector Opportunities, Says Transport Chief

Transport and postal deputy minister Fatima Abdullah Al-Dhaen explains the strategic benefits of the Gulf Railway. The rail line is set to enhance connectivity, logistics efficiency and private sector involvement.

India U‑19 clinches Asia Cup in dramatic one‑wicket win over Pakistan

India’s U‑19 side chased down 338 runs against Pakistan, winning by a single wicket on the final ball in Oman. Legends Sachin Tendulkar, Sourav Ganguly and Virender Sehwag lauded the performance, highlighting standout contributions from Aaryavir Sehwag and Lakshya Raichandani.