Saudi Arabia News

Britain Nationalises British Steel to Protect Scunthorpe Production and Strategic Supply

The government has become British Steel’s sole shareholder after concluding that the loss-making company could otherwise fail, threatening thousands of jobs, essential infrastructure and Britain’s remaining capacity to manufacture primar...

Saudi Arabia Offers 500 Annual Scholarships for Bangladeshi Students Under New Initiative

Saudi Arabia will provide 500 scholarships each year for Bangladeshi students as part of a new bilateral initiative aimed at expanding educational ties and supporting broader economic and political cooperation between the two countries.

Saudi Arabia and Egypt Strengthen Coordination During Riyadh Diplomatic Talks

Officials from Saudi Arabia and Egypt have held high-level discussions in Riyadh focused on strengthening bilateral cooperation and coordinating responses to regional and international developments.

Saudi Arabia Presents Vision 2030 Sustainability Progress at United Nations Forum

Saudi Arabia’s delegation has concluded participation in the United Nations High-Level Political Forum in New York, presenting its third Voluntary National Review and highlighting efforts to align national development plans with global s...

Saudi Arabia Begins Enforcing 30 Percent Saudisation Requirement for Engineering Jobs

Saudi Arabia has started applying a new rule requiring private-sector companies to employ Saudi nationals in 30 percent of engineering positions, while allowing employers time to regularise expired work permits for foreign workers.

OPEC Plus Raises Oil Production Targets Despite Regional Supply Uncertainty

The OPEC Plus alliance has increased output targets for the fifth consecutive month, balancing global supply needs with Saudi Arabia’s efforts to support oil revenues during a period of geopolitical and shipping disruptions.

Red Sea Global Expands Luxury Tourism Projects Ahead of Saudi Arabia’s 2030 Development Goals

Saudi Arabia is accelerating the rollout of Red Sea coastal resorts as new hospitality projects open and aviation links improve, making sustainable luxury tourism a central part of the Kingdom’s economic diversification plans.

Saudi Construction Sector Shifts Toward Delivery Phase as Vision 2030 Projects Mature

Saudi Arabia’s government agencies and sovereign developers are moving from project announcements toward phased construction and execution, with major developments such as Neom and Diriyah supporting an estimated $86 billion contractor m...

Saudi Aramco Expands Artificial Intelligence Investments Through Venture Capital Arms

Saudi Aramco’s investment divisions have backed major artificial intelligence startups, including Prosperity7’s investment in Together AI at a $7.5 billion valuation and Wa’ed Ventures’ participation in an early funding round for Riyadh-...

Saudi Sports Investment Group Partners With Live Nation to Manage Stadium Portfolio

SURJ Sports Investment has partnered with Live Nation and Oak View Group to launch Radia, a new company focused on operating and commercialising Saudi Arabia’s growing network of stadiums and sports venues.

ROSHN Seeks Investors for 47,000-Capacity Aramco Stadium Project in Al Khobar

Saudi developer ROSHN has appointed JPMorgan to arrange an equity fundraising process for the new Aramco Stadium, using a lease-and-leaseback structure to unlock capital for other Vision 2030 projects ahead of the 2034 FIFA World Cup.

Saudi PIF Consortium Seeks EU Approval for $55 Billion Electronic Arts Acquisition

A consortium led by Saudi Arabia’s Public Investment Fund, Silver Lake, and Affinity Partners has requested European Union approval for its acquisition of gaming company Electronic Arts, a deal that would become one of the largest levera...

Saudi Arabia Uses East-West Pipeline to Protect Oil Exports During Strait of Hormuz Disruptions

Saudi Arabia is relying on its strategic East-West Pipeline to move crude exports to Yanbu on the Red Sea as shipping risks increase around the Strait of Hormuz, helping maintain access to global energy markets.

Houthi Attacks Force Flight Disruptions at Saudi Arabia’s Abha International Airport

Iran-backed Houthi forces have launched drone and missile attacks on Abha International Airport after earlier strikes on Sanaa, leading several international airlines to suspend routes and threatening the fragile truce that had largely h...

Saudi Arabia Condemns Iranian Missile and Drone Attacks on Gulf Neighbours

Saudi Arabia’s Ministry of Foreign Affairs has condemned Iranian strikes targeting Kuwait, Bahrain, and Jordan, expressing solidarity with neighbouring countries as tensions between Tehran and Washington increase the risk of a wider regi...

Iran Threatens Regional Energy Infrastructure as Saudi Aramco Facilities Face New Security Risks

Iranian military commanders have warned that regional energy infrastructure could be targeted if the United States attacks Iranian civilian sites, raising concerns over the security of key Saudi Aramco facilities such as the Abqaiq proce...

Saudi Arabia Highlights Vision 2030 Progress at United Nations Development Forum

A Saudi delegation presented the Kingdom’s third Voluntary National Review at a United Nations sustainable development forum, highlighting Medina’s use of data-driven urban planning as part of its development strategy.

Saudi Aramco Expands Retail Fuel Network in the Philippines Through Unioil Partnership

Saudi Aramco is expanding its branded fuel stations in the Philippines after a major acquisition, marking a renewed push into Southeast Asia’s consumer energy market.

Saudi Arabia Explores Investments in Bangladesh Maritime and Logistics Infrastructure

Saudi officials and Bangladeshi authorities are discussing potential Saudi investments in ports, supply chains, and cold storage facilities as Riyadh expands its international logistics interests.

United Kingdom Launches Programme to Study Saudi Arabia’s Artificial Intelligence Sector

The British Embassy in Riyadh and the United Kingdom government have launched an initiative to analyse Saudi Arabia’s artificial intelligence ecosystem and identify opportunities for commercial and regulatory cooperation.

Deutsche Bank Receives Saudi Regional Headquarters Licence in Riyadh

The Saudi Ministry of Investment has granted Deutsche Bank a regional headquarters licence as global companies continue establishing Middle Eastern management operations in Riyadh.

Saudi Technology Minister Strengthens Artificial Intelligence Cooperation During South Korea Visit

Saudi Arabia’s communications and technology minister held talks in Seoul with South Korean officials and investors to expand cooperation in artificial intelligence, digital government services, and technology startups.

Saudi Sports Investment Company Launches Joint Venture With Live Nation to Expand Event Infrastructure

SURJ Sports Investment has created a new venture with Live Nation and Oak View Group to develop venue management, live entertainment operations, and sports infrastructure across Saudi Arabia.

Saudi Public Investment Fund Expands Urban Development Partnership With Talaat Moustafa Group

Saudi Arabia’s sovereign wealth fund has signed an agreement with Egypt-based developer Talaat Moustafa Group to develop large residential, commercial, and hospitality projects supporting the Kingdom’s urban growth plans.

Saudi AI Firm Humain Partners With Canada’s Cohere on Arabic-Language Artificial Intelligence Models

Humain, a technology company backed by Saudi Arabia’s Public Investment Fund, has agreed to provide fifty megawatts of computing capacity to Canadian AI company Cohere under a five-year partnership focused on advanced Arabic-language mod...

Saudi PIF Developer ROSHN Seeks Private Investment for 2034 World Cup Stadium Project

Saudi real estate developer ROSHN has appointed JPMorgan to explore private investment options for the forty-seven-thousand-seat Aramco Stadium in Al Khobar, aiming to free capital for other Vision 2030 projects.

Israeli President Herzog Calls for Future Saudi-Israel Normalisation in Saudi Television Interview

Israeli President Isaac Herzog appeared on Saudi-owned Al Arabiya television and expressed support for a future diplomatic agreement with Saudi Arabia once regional stability improves, while praising Crown Prince Mohammed bin Salman.

Saudi Arabia Reorders Vision 2030 Projects Toward Faster Economic Returns

Saudi authorities are adjusting investment priorities across the five-hundred-billion-dollar Neom development zone, focusing more heavily on commercially viable projects and infrastructure linked to Riyadh Expo and the 2034 FIFA World Cup.

Fitch Maintains Saudi Arabia Credit Rating but Warns of Sharp Economic Growth Slowdown

Fitch Ratings has affirmed Saudi Arabia’s sovereign credit rating while forecasting economic growth of only zero point six percent in 2026, citing weaker oil revenues and disruption from regional shipping challenges.

Saudi Public Investment Fund Signs Two Billion Dollar Infrastructure Deal With I Squared Capital

Saudi Arabia’s Public Investment Fund has agreed with United States-based infrastructure investor I Squared Capital to invest up to two billion dollars in digital infrastructure and district cooling projects as Riyadh seeks to attract mo...

Saudi Aramco Cuts Asian Crude Prices by Largest Margin in Two Decades to Defend Market Share

Saudi Aramco has reduced official selling prices for Asian crude deliveries by the largest amount in twenty years, lowering the premium on Arab Light crude as the company seeks to maintain competitiveness in a challenging global oil market.

Saudi Arabia Condemns Iranian Military Escalation After Threats to Gulf and Arab States

The Saudi Ministry of Foreign Affairs has condemned recent Iranian actions affecting Kuwait, Bahrain, and Jordan, calling for an immediate halt to military escalation and reaffirming Riyadh’s commitment to regional security.

United States Approves Nearly Two Billion Dollar Weapons Sale to Saudi Arabia Amid Regional Security Tensions

The United States government has approved the potential sale of precision weapons and air defence systems worth nearly two billion dollars to Saudi Arabia, with BAE Systems as the main contractor, to strengthen the Kingdom’s defence capa...

Thomas Tuchel Faces Fierce Backlash After Tactical Retreat Costs England World Cup Final Berth

English manager's defensive substitutions and post-match remarks ignite a national controversy following a late collapse against Argentina in the semi-final.

A Quiet Bastille Day: France Grapples with World Cup Heartbreak and Leftover Fireworks

After a devastating semi-final loss to Spain on their national holiday, French fans experience the bitter reality of digital-era football as the national team heads south for a third-place playoff.

Saudi Central Bank Updates Digital Banking Rules to Support Fintech Growth

The Saudi Central Bank has introduced updated regulations for digital banking and financial technology services as part of efforts to encourage innovation and expand cashless payments.

Saudi Arabia Introduces New Water Security Strategy to Support Population and Industrial Growth

The Ministry of Agriculture and Water Resources announced plans to improve water management through expanded desalination capacity and advanced irrigation technologies.

Saudi Arabia Reports Record Attendance at Major Sports and Entertainment Events

The Department of Culture and Tourism said recent international sporting and entertainment events in Riyadh and Jeddah attracted record audiences, supporting the Kingdom’s push to become a global destination.

Saudi Arabia and European Union Advance Talks on Hydrogen and Clean Energy Trade

Saudi and European officials are discussing future cooperation on clean hydrogen exports and renewable electricity as both sides seek to develop new energy partnerships.

Saudi Arabia Launches Support Program for Domestic Technology Startups and SMEs

The Public Investment Fund has introduced funding and technical support initiatives for local technology companies to encourage innovation and growth in the digital economy.

Saudi Arabia Announces Multi-Year Plan to Expand Ports and Logistics Infrastructure

The national infrastructure authority is developing a long-term strategy to modernize ports and logistics hubs along the Red Sea and Arabian Gulf to strengthen the Kingdom’s role in global trade networks.

Saudi Arabia Creates New Science and Engineering Training Centers Through Global University Partnerships

The Ministry of Education has signed agreements with international universities to develop advanced training programs focused on science, engineering, and digital skills for the domestic workforce.

Saudi Arabia Expands Humanitarian Logistics Support for Regional Conflict Zones

Saudi diplomatic and humanitarian agencies are establishing new logistics channels to speed up deliveries of food, medical supplies, and essential aid to affected civilian populations.

Saudi Arabia Reports Continued Foreign Investment Growth Across Non-Oil Industries

The Ministry of Investment said foreign direct investment continues to expand in sectors including entertainment, manufacturing, and information technology as global companies increase activity in the Kingdom.

Saudi Arabia and Global Technology Firms Launch Robotics and Automation Research Program

The Public Investment Fund and international technology companies have started a robotics and automation initiative in Riyadh focused on industrial, logistics, and manufacturing applications.

Saudi Arabia Expands Direct Air Routes to Asian and European Business Hubs

The General Authority of Civil Aviation announced new agreements to increase direct flights from Saudi cities to major markets in Asia and Europe, supporting the Kingdom’s ambition to become a global aviation hub.

Saudi Arabia Launches New Renewable Energy Auctions to Expand Solar and Wind Capacity

The Ministry of Energy has opened new competitive bidding rounds for large-scale renewable projects as the Kingdom seeks to exceed its Vision 2030 clean energy targets.

Saudi Arabia Partners With Global Pharmaceutical Firms to Expand Domestic Medicine Production

The Ministry of Health announced plans to establish local manufacturing facilities for critical medical supplies and medicines, reducing dependence on imported healthcare products.

Saudi Press