PSM News & Events

Saudi Awwal Bank named best trade finance provider in Saudi Arabia for 2026 by Global Finance

2/3/2026 - 4:30 PM

Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia, has been named Best Trade Finance Provider in Saudi Arabia for 2026 by Global Finance, marking the sixth consecutive ye.....

Muheel and SFG20 (UK) forge landmark alliance to elevate maintenance governance in Saudi Arabia

5/3/2026 - 11:24 AM

As Saudi Arabia accelerates one of the most ambitious built-environment transformations globally, the focus is rapidly shifting from construction scale to long-term asset performance, regulatory integ.....

AviLease reports $664m revenue in 2025 as profit doubles and fleet expands

26/2/2026 - 1:53 PM

RIYADH — AviLease, the Riyadh-headquartered global aircraft leasing company, reported strong full-year results for 2025.For the year ended Dec. 31, 2025, AviLease recorded total revenues of $664 mil.....

Ivana Trump’s Manhattan townhouse sells for $14M after $12.5M price cut

4/3/2026 - 3:38 PM

Ivana Trump's opulent Manhattan townhouse sells for $14 million after a massive price cut, reflecting ongoing luxury real estate market struggles in the city......

Fakeeh Care Group reports FY 2025 revenue of SR3.1 billion, up 11% year on year; Attributable net profit reaches SR290 million

4/3/2026 - 2:18 PM

Dr Soliman Abdel Kader Fakeeh Hospital Company and its subsidiaries (“Fakeeh Care Group”, “FCG”, “Fakeeh Care”, the “Company” or the “Group”), a leading fully integrated academic h.....

Emirates, Etihad resume limited flights as regional airspace gradually reopens

6/3/2026 - 6:31 PM

DUBAI — Emirates and Etihad Airways announced on Friday the gradual resumption of limited flight operations from their main hubs after several days of disruption caused by escalating regional tensio.....

Homebuyers refuse to back down as mortgage rates continue hovering stubbornly near 6% mark

26/2/2026 - 4:23 PM

America's housing market could be seeing "the gradual erosion of the lock-in effect," according to experts reacting to new home sales and mortgage application data......

From heritage to cup: The story behind Starbucks’ Cardamom Latte this Ramadan

26/2/2026 - 3:39 PM

Inspired by a beloved regional flavor and crafted for moments of connection, Starbucks’ Cardamom Latte brings a modern expression of tradition to Ramadan — as told by Coffee Ambassador and Barista.....

Qatar partially resumes air navigation for evacuation, cargo flights

6/3/2026 - 9:19 PM

DOHA — Qatar Civil Aviation Authority announced the partial resumption of air navigation in the country through designated contingency routes operating with limited capacity.The authority said the s.....

Las Vegas hotel-casino that closed during COVID and never reopened is demolished

5/3/2026 - 1:30 PM

A Las Vegas casino was demolished in a controlled implosion after it closed during COVID and never reopened, drawing crowds for explosive farewell......

Emirates to resume limited flights from Monday

2/3/2026 - 5:13 PM

DUBAI — Emirates announced that it will begin operating a limited number of flights starting on the evening of Monday, as part of a gradual resumption of services following recent regional developme.....

Over $126M in 60 days — Florida real estate tycoons say blue-state wealth migration is now permanent

6/3/2026 - 11:00 AM

Florida developers and one sales firm report over $126 million in sales from California and New York buyers in just 60 days, signaling a major wealth exodus from high-tax states......

Brent crude tops $90 amid escalating Middle East conflict

6/3/2026 - 3:29 PM

LONDON — Global oil prices surged on Friday as escalating conflict in the Middle East raised fears of disruptions to energy supplies and shipping routes.International benchmark Brent crude traded at.....

Saudi Awwal Bank becomes first bank in the Middle East to achieve 7-Star CinOrg®️ Innovation Accreditation

4/3/2026 - 1:41 PM

Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia, is certified as a Leader in Innovation with a 7-Star rating, the highest level of global recognition for Certified Inno.....

Dr. Soliman Fakeeh Hospital, Jeddah named among World’s Top 250 Hospitals in 2026

26/2/2026 - 12:54 PM

Dr. Soliman Fakeeh Hospital in Jeddah has achieved a new milestone on the global healthcare map after being included for the first time in the list of the World’s Top 250 Hospitals in the 2026 ranki.....

Saudi stocks plunge over 4% at open amid Iran tensions

1/3/2026 - 1:59 PM

RIYADH — Saudi Arabia’s stock market opened sharply lower on Sunday, with the benchmark Tadawul All Share Index (TASI) dropping more than 4% in early trading following geopolitical tensions trigge.....

QatarEnergy halts LNG and downstream production after missile, drone attacks

3/3/2026 - 1:35 PM

DOHA — QatarEnergy said it has stopped production of liquefied natural gas (LNG) and associated downstream products following missile and drone attacks targeting facilities in the country.The compan.....

Florida lawmakers fast-track property tax elimination plan for primary homeowners across the state

24/2/2026 - 2:43 PM

Florida homeowners could see property tax bills cut in half by 2027 under new legislation, and real estate tycoon Peggy Olin says the "execution has to be disciplined.".....

HONOR advances its AI vision at MWC 2026 with robot phone, humanoid robot and magic V6

2/3/2026 - 4:36 PM

At MWC 2026, HONOR advanced its Augmented Human Intelligence (AHI) vision and accelerated ALPHA PLAN through three connected pillars: Alpha Phone, Alpha Store and Alpha Lab. Building on its long-term .....

Wall Street South expansion: Mandarin Oriental anchors new ‘Billionaire Corridor’ in West Palm Beach

26/2/2026 - 11:00 AM

Mandarin Oriental announces its first standalone residential tower in West Palm Beach's "Billionaire Corridor," featuring 87 luxury residences in a growing business boomtown......