Saudi Arabia News

Saudi Arabia Launches Quantum Computing Laboratory at King Saud University

King Saud University has opened a specialized research center with global technology partners to develop quantum computing applications in areas including pharmaceutical research, cryptographic security and mathematical modeling.

Saudi Esports Nations Cup Postponed to November 2027

Organizers have moved the inaugural Esports Nations Cup in Riyadh from late 2026 to November 2027 after consultations with international stakeholders and regional security assessments.

Saudi Arabia Secures New Foreign Manufacturing Commitments in Eastern Province

The Saudi Authority for Industrial Cities and Technology Zones signed land lease agreements with international equipment manufacturers planning production facilities near Dammam for regional and export markets.

Saudi Tourism Fund Offers New Incentives for Hospitality Projects in Asir and AlUla

The Tourism Development Fund has introduced financing measures to encourage private investment in boutique hotels, eco-lodges and cultural attractions across the emerging highland and heritage destinations.

Saudi Arabia Strengthens Local Electric Vehicle Supply Chain With Advanced Materials

Saudi Basic Industries Corporation is incorporating high-performance polymers and lightweight materials into vehicles produced by domestic electric vehicle maker Ceer, supporting greater integration of local manufacturing inputs.

Saudi Arabia and World Bank Agencies Expand Financing for Technology and Sustainable Infrastructure

The International Finance Corporation and MIGA have expanded financing and guarantee arrangements with Saudi authorities covering advanced technology, renewable energy and sustainable infrastructure projects.

Saudi Central Bank Reports Strong Liquidity and Resilience Across Domestic Banks

Saudi commercial banks continue to maintain strong capital ratios, healthy deposit growth and substantial liquidity buffers, according to the central bank, despite regional economic uncertainty and changing global interest rates.

Saudi Arabia and Sudan Establish Coordination Council on Security and Regional Stability

Riyadh and Khartoum signed an agreement to institutionalize cooperation on security and strategic stability, reflecting Saudi Arabia’s assessment that developments in Sudan are closely linked to security across the Red Sea region.

PIF Seeks External Investment for Global Sports Assets Including LIV Golf and Newcastle United

Saudi Arabia’s Public Investment Fund is seeking private-sector capital and co-investors for selected sports holdings as part of a 2026-to-2030 strategy focused on realizing value from its international portfolio.

Saudi Arabia Expands Open Skies Agreements to Increase International Connectivity

The General Authority for Civil Aviation has finalized new transit agreements with European and Asian aviation authorities, supporting additional flight frequencies and wider connectivity through Riyadh and Jeddah.

Saudi Debt Management Centre Completes More Than Five Billion Riyals in Domestic Sukuk Issuance

The Ministry of Finance completed a multi-tranche riyal-denominated sukuk issuance with maturities of five to 15 years, drawing strong institutional demand to support public infrastructure financing.

Saudi Arabia Registers More Than 1,600 Foreign Contracting Companies Amid Mega-Project Expansion

The Saudi Contractors Authority reported continued growth in the number of international engineering and construction firms registered in the Kingdom as companies position themselves for major infrastructure projects.

Saudi Data Center Capacity Exceeds 460 Megawatts as Digital Infrastructure Expands

Saudi Arabia’s data center capacity has passed 460 megawatts, with digital infrastructure investment exceeding 56 billion riyals as hyperscale facilities and partnerships with international technology companies expand.

Saudi Arabia Opens New Battery Storage Tenders to Strengthen Grid Reliability

The Ministry of Energy has invited bids for additional standalone battery storage facilities in Samha, Al-Leeth and Al-Henakiyah following major initial awards, with the projects intended to improve reliability and manage peak electricit...

Riyadh Regional Headquarters Programme Surpasses 780 Licensed Global Companies

More than 780 international companies have received licenses under Saudi Arabia’s regional headquarters programme, while office occupancy in Riyadh reached 97 percent as businesses establish operations in the capital.

Saudi Arabia and France Expand Cooperation on Tourism, Technology and Artificial Intelligence

Riyadh and Paris are deepening their strategic partnership through new cooperation in sustainable tourism, advanced digital technologies and artificial intelligence infrastructure following high-level diplomatic engagement.

Tanker Fire Off Yanbu Highlights Maritime Security Risks Along Saudi Red Sea Coast

A commercial oil tanker caught fire after being struck by an unexplained projectile about 63 nautical miles west of Yanbu, adding to security concerns along a major Red Sea shipping corridor.

Saudi Aramco and Ma’aden Partner to Explore Copper and Other Critical Minerals

Saudi Aramco and Saudi Arabian Mining Company have formed a joint venture to explore transition minerals, focusing on copper across an area covering nearly 10 percent of Saudi Arabia using artificial intelligence-based subsurface technol...

Saudi Arabia’s Economy Contracts 4.8 Percent in Second Quarter as Oil Output Falls

Real gross domestic product declined 4.8 percent year on year in the second quarter, according to the General Authority for Statistics, as a sharp drop in oil activity outweighed continued moderate growth in non-oil sectors.

Saudi Arabia Signs More Than Three Billion Riyals in Battery Storage Deals to Support Renewable Power

ACWA Power, Saudi Energy and the Saudi Power Procurement Company finalized agreements for large-scale battery storage projects in Haden, Al-Muwaih and Al-Kahafah, with combined capacity of six gigawatt-hours to help integrate renewable e...

Iranian Hackers Shut Down British Power Plant for Four Days in Landmark Cyber Attack

Security officials quietly alert energy leaders after a small-scale UK generator was taken offline in a breach coinciding with widespread cyber intrusions on US water infrastructure.

Saudi Demining Programme Clears More Than Five Thousand Explosive Devices in Yemen

The King Salman Humanitarian Aid and Relief Center says its demining programme has removed and destroyed more than five thousand mines and unexploded devices in Yemen as part of efforts to restore civilian infrastructure.

Global Cybersecurity Firms Target Riyadh Summit to Expand Saudi Sovereign Cloud Infrastructure

International technology companies are using the DeepFest exhibition in Riyadh to promote cybersecurity, data resilience and autonomous security systems as Saudi Arabia develops its sovereign cloud and wider digital infrastructure.

Saudi Arabia Suspends Nearly Two Thousand Foreign Umrah Agency Contracts

The Ministry of Hajj and Umrah has suspended contracts for about one thousand eight hundred international Umrah travel operators over regulatory and operational violations ahead of upcoming pilgrimage seasons.

Saudi Construction Costs Rise as Mega-Project Demand Drives Equipment and Material Prices

Construction expenses in Saudi Arabia are increasing as demand for heavy equipment and building materials rises across major infrastructure projects, reflecting the scale of development underway under Vision 2030.

Saudi Aramco Makes Minor August Fuel Price Adjustment While Maintaining Core Subsidies

Saudi Aramco has slightly increased the domestic price of premium Gasoline 98 for August while leaving core gasoline and diesel prices unchanged, preserving support for widely used fuels.

Saudi Arabia Registers Ten Thousand Urban Heritage Sites to Support Cultural Tourism

Saudi cultural authorities have formally registered ten thousand historical sites for preservation and tourism development, supporting efforts to expand the Kingdom’s cultural economy and non-religious tourism sector.

Saudi Arabia Detains More Than Fourteen Thousand People in Labour Violations Crackdown

Saudi authorities detained more than fourteen thousand undocumented individuals and deported over thirteen thousand in a single week as security forces intensified enforcement against illegal migration and unauthorized employment.

Saudi Arabia Ranks Thirteenth Globally for Foreign Direct Investment Inflows

A United Nations trade report puts Saudi Arabia thirteenth worldwide for foreign direct investment inflows, with net investment exceeding one hundred and twenty-two billion riyals as regulatory reforms and the relocation of more than sev...

IMF Praises Saudi Arabia’s Economic Resilience in Annual Review

The International Monetary Fund has highlighted strong non-oil growth, stable employment and substantial capital buffers in Saudi Arabia, saying the Kingdom’s economic position remains resilient despite geopolitical disruption affecting ...

Saudi Aramco and Ma’aden Form AI Venture Focused on Critical Minerals

Saudi Aramco and mining company Ma’aden have agreed to establish an artificial intelligence-driven joint venture combining advanced subsurface technology with mining expertise to accelerate exploration for hard-rock minerals in the Kingdom.

Najran Airport Suspends Operations After Drone Strike Claimed by Yemen’s Houthis

Operations at Najran airport have been suspended after a drone strike targeted its main radar systems, with Yemen’s Houthi rebels claiming responsibility for an attack that raises tensions along Saudi Arabia’s southern border.

Saudi Arabia Tightens Scrutiny of Corporate Transfers to the UAE

Saudi financial authorities have reportedly introduced stricter compliance checks on corporate capital transfers to the United Arab Emirates, adding pressure to a growing economic rivalry between Riyadh and Dubai over multinational busin...

Riyadh Prepares to Host Global Investors Managing Fourteen Trillion Dollars at LEAP

Sovereign wealth funds, venture capital firms, institutional investors and technology executives are preparing to gather in Riyadh for the LEAP conference, highlighting the Saudi capital’s growing role in global technology investment and...

Saudi Arabia and US Coordinate Response to Strait of Hormuz Tensions

Crown Prince Mohammed bin Salman and US officials have discussed measures to protect commercial shipping through the Strait of Hormuz, with Riyadh calling for de-escalation to safeguard energy supplies and regional stability.

Saudi Arabia’s PIF Shifts Strategy Toward Domestic Value Creation and Technology

The Public Investment Fund has outlined a five-year strategy emphasizing advanced manufacturing, artificial intelligence infrastructure and technology transfer, while signalling a slower timetable for some large standalone developments i...

Saudi Arabia, Türkiye and Pakistan Sign Mutual Defence Pact

Saudi Arabia, Türkiye and Pakistan have signed a joint defence agreement committing the three countries to mutual support in the event of an armed attack, marking a significant new security arrangement among major regional powers.

Saudi Airlines Prepare Expanded International Broadcasting for Professional Football

Saudi Professional League officials and clubs are finalizing broadcast and digital fan-engagement arrangements ahead of the new season as Saudi football seeks to reach larger international audiences.

Armah Sports Prepares to Transfer From Saudi Parallel Market to Main Exchange

Armah Sports said it has completed the inspection and transition documentation required ahead of its planned move from Saudi Arabia's parallel market to the main market of the Saudi Exchange.

King Salman Relief Centre Signs Agricultural Development Agreement for Somalia

The King Salman Humanitarian Aid and Relief Centre signed an agreement with the Zamzam Foundation to support agricultural development in Somalia, helping farmers and strengthening local food security.

Saudi Ministry of Commerce Promotes National Sales Campaign With More Than One Million Discounted Products

Saudi Arabia's Ministry of Commerce said its 2026 national retail campaign is progressing across physical stores and e-commerce platforms, with more than one million discounted products available through late October.

Saudi Arabia Reports Private-Sector Job Gains for Hundreds of Thousands of Citizens

The Ministry of Human Resources and Social Development said hundreds of thousands of Saudi citizens secured private-sector jobs during the first half of the year through nationalization programs and vocational training support.

Saudi Research Advances Low-Energy Desalination and More Efficient Solar Cells

Researchers at King Abdullah University of Science and Technology reported advances in low-energy seawater desalination and next-generation perovskite solar cells, supporting Saudi Arabia's expanding clean-technology research base.

Saudi Arabia Advances Green Initiative With Afforestation and Solar Projects

Saudi environmental agencies reported progress on planting millions of indigenous trees and expanding large-scale solar projects across northern and central regions as part of efforts to combat desertification and reduce carbon emissions.

Saudi Press