Saudi Arabia News

Saudi Stock Exchange Records Targeted Advanced Petrochemical Share Transaction

Institutional investors completed a negotiated trade of Advanced Petrochemical Company shares worth approximately three point four million Saudi riyals, highlighting continued activity in Saudi Arabia’s industrial and petrochemical markets.

Saudi Arabia’s Central Bank and Stock Market See Continued Institutional Activity in Petrochemical Sector

A private block trade involving Advanced Petrochemical Company shares was completed on the Saudi Stock Exchange, with institutional investors exchanging nearly one hundred and fifty thousand shares valued at around three point four milli...

Saudi Healthcare Sector Expected to Reach Three Hundred Billion Riyals in Economic Contribution by 2030

Saudi Arabia’s healthcare industry is projected to contribute three hundred and eighteen billion Saudi riyals to the economy by the end of the decade as the government expands preventative care, primary healthcare, and workforce developm...

United Kingdom Launches Review of Saudi Arabia’s Artificial Intelligence Sector to Expand Cooperation

The British Embassy in Riyadh and the United Kingdom’s Foreign, Commonwealth and Development Office are funding an assessment of Saudi Arabia’s artificial intelligence ecosystem to identify research and partnership opportunities.

Saudi Arabia Promotes Vision 2030 Implementation Model at United Nations Development Forum

Saudi officials used a United Nations forum in New York to highlight Vision 2030 as a practical approach to sustainable development, emphasizing execution, institutional coordination, and focused national priorities.

Saudi Arabia’s Neom The Line Project Reportedly Faces Major Scale-Back Over Rising Costs

The flagship Neom linear city project has reportedly reduced its planned population target to around one hundred thousand residents and paused parts of construction as costs rise and financial reviews continue.

Saudi Aramco Takes Stake in Public Investment Fund’s Artificial Intelligence Company Humain

Saudi Aramco has agreed to acquire a significant minority stake in Humain, a Public Investment Fund-backed artificial intelligence company focused on data centres, cloud infrastructure, and advanced AI capabilities.

Public Investment Fund Announces Ten Billion Euro European Investment Pipeline Through 2030

Saudi Arabia’s Public Investment Fund has outlined one hundred and forty European investment opportunities worth ten point four billion euros by 2030, building on billions of euros already invested in European and British markets since 2...

Crown Prince Mohammed bin Salman and President Donald Trump Discuss Regional Security and Shipping Routes

Saudi Crown Prince Mohammed bin Salman and United States President Donald Trump held a high-level phone call focused on bilateral cooperation, regional stability, and protecting international maritime routes in the Middle East.

Saudi Arabia Condemns Iranian Military Actions and Warns Over Gulf Security Risks

The Saudi Ministry of Foreign Affairs has strongly criticized continued Iranian military activity targeting Gulf states, Jordan, and commercial shipping, calling for protection of sovereignty, international law, and freedom of navigation.

Saudi Aramco Explores Red Sea Export Route to Reduce Strait of Hormuz Risks

Saudi Aramco is evaluating increased use of its Yanbu port and the East-West pipeline system to redirect crude shipments away from the Strait of Hormuz, as regional security concerns threaten key oil transport routes.

Saudi Aramco Cuts Asian Crude Prices by Record Amount to Defend Market Share

Saudi Aramco has reduced the official selling price of its Arab Light crude for Asian buyers by eleven dollars per barrel, the largest cut recorded, as the company responds to changing global supply conditions and competitive pressure.

Saudi Economic Growth Forecasts Cut as Strait of Hormuz Disruptions Hit Regional Trade

The International Monetary Fund and Fitch Ratings have lowered their outlook for Saudi Arabia’s economy after maritime security disruptions affected supply chains and export conditions, with growth forecasts reduced to between zero point...

Public Investment Fund Assets Surpass One Trillion United States Dollars as Saudi Arabia Accelerates Vision 2030 Investments

Saudi Arabia’s Public Investment Fund reported assets of one point two one trillion United States dollars after recording strong annual profits, providing additional financial capacity for domestic projects, economic diversification prog...

Saudi Arabia’s New Urban Development Push Gains Support from Public Investment Fund and Private Developers

The Public Investment Fund’s partnership with Talaat Moustafa Group will support residential, commercial, and hospitality developments designed to increase private-sector participation and advance Saudi Arabia’s housing and livability ob...

Saudi Regional Carbon Exchange Expands European Partnerships to Support Climate Finance Growth

The carbon credit platform established by the Public Investment Fund and Saudi Tadawul Group is expanding cooperation with European climate finance companies to increase international participation in Saudi Arabia’s voluntary carbon market.

Al Rajhi Bank Partners with Visa for 2027 AFC Asian Cup Sponsorship in Saudi Arabia

Saudi Arabia’s largest retail bank has joined Visa in a major sponsorship agreement for the upcoming Asian Football Confederation tournament, supporting the Kingdom’s efforts to use international sporting events to boost tourism and dome...

Saudi Arabia Presents Vision 2030 Sustainability Progress at United Nations Forum

A Saudi delegation led by Economy and Planning Minister Faisal Alibrahim will present the Kingdom’s latest voluntary national review at the United Nations, highlighting progress on economic diversification, clean energy, and water sustai...

Saudia Becomes Global Leader in On-Time Flight Performance During Hajj and Summer Travel Season

Saudi Arabia’s national airline Saudia achieved an on-time arrival rate above ninety-two percent across more than thirteen thousand flights in June, with performance supported by artificial intelligence forecasting systems and expanded d...

Saudi Arabia Expects Wheat Production Increase While Imports Rise to Meet Livestock Demand

Saudi Arabia is forecast to produce about 1.1 million tonnes of wheat this season with government-backed procurement incentives, while cereal imports are expected to increase to fifteen million tonnes as demand from poultry and livestock...

Riyadh Expands Carbon Market Presence Through New European Climate Finance Partnerships

Saudi Arabia’s voluntary carbon market company has announced partnerships with European and British climate finance firms to connect international carbon buyers and suppliers, strengthening the Kingdom’s role in global carbon trading ini...

Saudi Foreign Minister and United States Secretary of State Coordinate Response to Middle East Escalation

Prince Faisal bin Farhan and United States Secretary of State Marco Rubio held emergency talks on regional military tensions, focusing on restoring shipping access and supporting ceasefire efforts to prevent further instability across th...

Saudi Arabia and Talaat Moustafa Group Partner on New Urban Development Projects

The Public Investment Fund has signed an agreement with regional developer Talaat Moustafa Group to create mixed-use residential, commercial, and hospitality projects across Saudi Arabia as part of efforts to expand housing supply and at...

Riyadh Air Announces First Commercial Flights to London Heathrow Starting July 2026

Saudi Arabia’s Public Investment Fund-owned airline Riyadh Air will begin scheduled passenger operations on July one with Boeing 787-9 aircraft, launching its Riyadh-to-London Heathrow route as part of the Kingdom’s wider aviation expans...

Saudi AI Company Humain Partners with Cohere to Build Arabic Artificial Intelligence Systems

Public Investment Fund-backed Humain will provide at least fifty megawatts of computing capacity for Toronto-based artificial intelligence company Cohere, creating a partnership focused on advanced Arabic-language AI models and industry-...

Saudi Public Investment Fund Plans Expansion of European Investments to 170 Billion Dollars by 2030

The Public Investment Fund plans to increase its European investment footprint and establish a subsidiary office in Paris as Saudi Arabia redirects capital toward assets in France, Britain, and Italy following losses linked to the Credit...

Fitch Maintains Saudi Arabia A+ Credit Rating but Cuts 2026 Growth Forecast to 0.6 Percent

Fitch Ratings confirmed Saudi Arabia’s strong sovereign credit position, supported by large foreign reserves and low debt levels, but lowered its economic growth outlook for 2026 due to pressure from regional disruptions and weaker non-o...

Saudi Aramco Restarts Ras Tanura Oil Shipments After Four-Month Halt and Targets Asian Buyers

Saudi Aramco has resumed crude exports from Ras Tanura, the world’s largest oil terminal, sending supertankers carrying ten million barrels to China and Japan while using spot pricing and discounts to rebuild market share among Asian ref...

Saudi Arabia and United States Discuss Regional Security and Iran Talks as Gulf Tensions Continue

Crown Prince Mohammed bin Salman and United States President Donald Trump held discussions on regional security, maritime navigation, and diplomatic efforts involving Washington and Tehran as Saudi Arabia continues to play a central role...

Saudi Public Investment Fund Launches 2026–2030 Strategy Focused on Domestic Growth and Long-Term Value Creation

The Public Investment Fund, chaired by Crown Prince Mohammed bin Salman, has approved a new five-year strategy that shifts the sovereign wealth fund’s focus from rapid acquisitions toward building domestic industries and expanding sector...

Saudi Arabia Merges Energy and Industry Leadership as Prince Abdulaziz bin Salman Takes Control of Combined Economic Portfolio

A royal decree has placed Energy Minister Prince Abdulaziz bin Salman in charge of the Ministry of Industry and Mineral Resources, bringing two of the Kingdom’s most important economic sectors under unified leadership as Saudi Arabia acc...

Saudi Cities Launch New Urban Development and Green Space Projects

The Ministry of Municipal and Rural Affairs has announced new urban planning and green space initiatives in Riyadh, Jeddah, and other cities to improve environmental quality and support Saudi Arabia’s green development goals.

Saudi Arabia Expands Digital Infrastructure to Support Cloud Computing and Regional Connectivity

The Ministry of Communications and Information Technology has launched new projects to extend high-speed internet and cloud computing infrastructure to underserved areas and support wider digital development.

Saudi Arabia Strengthens Logistics Infrastructure Through New Supply Chain Agreements

The Ministry of Transport and Logistics Services has completed new projects with global logistics companies to improve trade flows, reduce transit times, and strengthen connections through Saudi ports and land borders.

Saudi Arabia Develops New Healthcare Research Centres Focused on Genomics and Artificial Intelligence

The Ministry of Health and international medical research partners are establishing specialized research facilities in Riyadh and Jeddah focused on genomic medicine, oncology, and artificial intelligence-based healthcare diagnostics.

Saudi Aramco Expands International Refining and Marketing Partnerships

Saudi Aramco is increasing its downstream presence through new refining and marketing partnerships in international markets, strengthening its global supply chain and long-term crude oil demand.

Saudi Arabia Introduces New Incentives for Advanced Manufacturing and Critical Minerals Investment

The Ministry of Industry and Mineral Resources has launched fiscal and regulatory incentives for companies investing in advanced manufacturing and mineral extraction, supporting efforts to increase the value of the Kingdom’s natural reso...

Saudi Arabia Expands Global Entertainment and Sports Calendar to Attract International Visitors

The General Entertainment Authority has announced a broader schedule of music festivals, cultural exhibitions, and sporting events in Riyadh and Jeddah as part of efforts to improve quality of life and strengthen tourism appeal.

Public Investment Fund Hosts Technology Summit to Expand Saudi Venture Capital Opportunities

The Public Investment Fund and global technology partners have gathered in Riyadh to discuss investment opportunities in Saudi startups, reflecting growing interest in venture capital and innovation within the Kingdom’s technology sector.

Saudi Ministry of Energy Reaffirms Commitment to Stable Global Oil Markets

Saudi Arabia’s Ministry of Energy has reiterated its commitment to supporting balanced energy markets and maintaining long-term production capacity following recent volatility in global oil markets.

Saudi Data and Artificial Intelligence Authority Launches National Generative AI Training Program

The Saudi Data and Artificial Intelligence Authority has introduced a national education initiative to train thousands of young Saudis in generative artificial intelligence, machine learning, and data science as demand for digital skills...

Red Sea Global Advances Renewable Energy and Water Technology Across Luxury Resort Projects

Red Sea Global has reported progress on renewable energy microgrids and desalination systems at its island resort developments, highlighting the use of sustainability technologies in Saudi Arabia’s tourism expansion plans.

Saudi Arabia Expands Riyadh Aviation Infrastructure Through New Aerospace Partnerships

The General Authority of Civil Aviation and international aerospace companies have signed agreements to strengthen aviation training and logistics capabilities in Riyadh as Saudi Arabia works to expand its role as a global air transport ...

Saudi Arabia Reports Strong Foreign Investment Growth in Technology, Manufacturing, and Renewable Energy

The Ministry of Investment says foreign direct investment continues to exceed quarterly targets, with international capital increasingly directed toward renewable energy, manufacturing, and technology projects supporting the Kingdom’s ec...

Saudi Press