Saudi Arabia News

Riyadh Season Unveils International Sports, Entertainment and Cultural Events

Saudi Arabia’s General Entertainment Authority has announced a program of international exhibitions, boxing matches and musical performances for the upcoming Riyadh Season, adding to the capital’s growing global entertainment profile.

Saudi Central Bank Tightens Cybersecurity Requirements for Commercial Banks

The Saudi Central Bank has ordered licensed banks to upgrade their technology systems and conduct comprehensive security audits to strengthen the resilience of national financial networks against digital and cross-border cyber threats.

Diriyah Gate Expands Luxury Hospitality Development With International Hotel Brands

The Diriyah Gate Development Authority has signed agreements with international luxury hotel operators to develop new heritage-focused hospitality projects near Riyadh, supporting the expansion of Saudi Arabia’s cultural tourism sector.

Saudi Arabia Advances Green Hydrogen Projects With International Energy Partners

Saudi Arabia’s Ministry of Energy has held talks with international renewable-energy developers on green hydrogen projects in Tabuk and along the Red Sea corridor, as the Kingdom pursues its net-zero ambitions while seeking to maintain s...

Neom Reports Progress on The Line and Oxagon Infrastructure Projects

Neom executives have released updated engineering timelines showing progress on marine foundation works at Oxagon and underground infrastructure modules for The Line, indicating continued construction activity across the Kingdom’s major ...

Saudi Arabia Reports Strong Non-Oil Growth as Tourism and Logistics Expand

The General Authority for Statistics says non-oil economic activity is continuing to grow strongly in Riyadh and Jeddah, supported by rising international visitor numbers, expanding aviation capacity and increased private-sector investment.

Saudi Aramco Secures Long-Term Oil and Gas Supply Agreements for Domestic Industrial Hubs

Saudi Aramco has finalized new crude and natural gas supply contracts with major processing centers in Jubail and Yanbu, providing feedstock for downstream petrochemical facilities while supporting the Kingdom’s broader economic diversif...

Saudi Arabia Expands Artificial Intelligence Infrastructure Through New Sovereign Investment Partnerships

Saudi Arabia’s Public Investment Fund and major national technology companies are committing new capital to domestic data centers and advanced computing infrastructure as the Kingdom seeks to strengthen its position as a leading artifici...

FIFA President Gianni Infantino Denies Affair Allegation as UEFA Confirms Payment to Former Employee

UEFA says a departure payment and MBA fees complied with staff rules then in force, while Infantino faces a separate governance revolt over his abandoned plan to bring private investors into FIFA’s World Cup business.

Saudi Arabia Expands Shanghai Investment Hub to Attract Chinese Technology Companies

The Public Investment Fund is using its Shanghai office to attract Chinese technology, drone and advanced manufacturing companies to establish operations and localize production in Saudi Arabia, reflecting Riyadh's expanding economic tie...

Saudi Arabia and Syria Sign Agreements for Seven Hundred and Sixty Megawatts of Solar Projects

Saudi and Syrian energy authorities agreed on plans for large-scale solar power projects with battery storage, linking clean-energy development with efforts to strengthen regional electricity supply and grid stability.

Saudi Aramco Chief Warns Strait of Hormuz Disruptions Could Threaten Global Energy Security

Aramco Chief Executive Amin Nasser warned that continued disruption around the Strait of Hormuz could put pressure on global fuel supplies and international supply chains, calling for coordinated diplomatic efforts to address the risks.

Saudi Aramco Controls Fire at Jazan Facility Without Casualties or Operational Disruption

Saudi Aramco said emergency teams contained an accidental industrial blaze at its Jazan facility, with no casualties reported and refining operations continuing normally across the southern processing network.

Saudi Budget Deficit Narrows to Thirty-Four Point Two Nine Billion Riyals as Oil Revenue Rises

Saudi Arabia’s Finance Ministry reported a second-quarter budget deficit of 34.29 billion Saudi riyals, with oil revenues up 22 percent from a year earlier as the government maintained control over public spending.

Saudi Economy Contracts Four Point Eight Percent in Second Quarter as Oil Output Falls

Saudi Arabia’s economy shrank 4.8 percent year on year in the second quarter of 2026 as lower oil activity weighed on overall output, while non-oil sectors continued to expand under the Kingdom’s diversification drive.

Saudi Arabia, Türkiye and Pakistan Sign Joint Defense Pact in Mecca

Saudi Crown Prince Mohammed bin Salman, Turkish President Recep Tayyip Erdoğan and Pakistani Prime Minister Shehbaz Sharif signed an agreement declaring that an armed attack on any one of the three countries would be treated as an attack...

Jorge Messi, Lionel Messi’s Father and Longtime Agent, Dies at 68

The quiet figure who backed Lionel Messi’s early move to Barcelona and later managed his career died in Rosario after a prolonged illness.

AI’s Next Bottleneck Is Power, Not Just Nvidia Chips

As data centres multiply, technology companies are competing for electricity, grid connections and round-the-clock generation.

Meta Raises AI Spending Target to as Much as $145bn Despite Pressure Over Returns

The company’s capital spending is consuming most of its free cash flow as it races to turn new AI models and products into a commercially durable business.

Joe Biden’s Cancer Has Spread Beyond His Bones, Hunter Biden Says

Joe Biden’s Cancer Has Spread Beyond His Bones, Hunter Biden Says

The former president’s son described the advanced prostate cancer as painful and debilitating, while public details of his current condition remain limited.

Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile

A bullish case rests on continued profit growth, easing policy uncertainty and a broader payoff from AI investment; high valuations leave little room for disappointment.

Why Markets May Look Quiet in August After Big Tech Earnings

A lighter calendar can suppress expected stock swings temporarily, while AI spending remains the deeper question for investors.

King Salman Park Construction Accelerates in Central Riyadh

Construction teams at the King Salman Park Foundation are advancing work on Riyadh’s large urban green-space project, including native landscaping and recreational facilities ahead of phased openings.

Saudi Pro League Clubs Complete Player Transfers and Commercial Deals Ahead of New Season

Leading Saudi Pro League clubs have finalized international player signings and commercial partnerships before the new season, strengthening the league’s international media and commercial profile.

AlUla Accelerates Heritage and Eco-Tourism Infrastructure Ahead of Autumn Season

The Royal Commission for AlUla is advancing upgrades at heritage sites, boutique hotels and airport facilities ahead of the cooler season, when the destination expects increased cultural tourism and international business activity.

Saudi Arabia Prepares New Riyadh Season With Expanded Entertainment Programme

The General Entertainment Authority has outlined plans for the seventh Riyadh Season, featuring international theatre productions, sporting events and entertainment zones aimed at attracting large visitor numbers.

Roshn Launches New Residential Development Plans With Smart-City Infrastructure

Roshn is developing new master-planned communities in Jeddah and the Eastern Province that combine housing with sustainable construction standards and digital infrastructure designed for connected urban services.

Saudi Arabia Expands Technical Training in Manufacturing, Robotics and Renewable Energy

The Ministry of Education is working with industrial companies on vocational programmes covering advanced manufacturing, robotics and renewable energy engineering to prepare young Saudi nationals for industrial jobs.

Saudi Industrial Authorities Attract New Investments in Jubail and Yanbu

Industrial authorities in Jubail and Yanbu have secured new international manufacturing agreements aimed at expanding downstream chemical production and green industrial processing.

Saudi Arabia Advances Quantum Computing and Advanced Materials Research at KAUST

King Abdullah University of Science and Technology has opened specialized laboratories for quantum information science and nanotechnology, supporting research partnerships with international technology companies.

Saudi Arabia Expands Water Infrastructure in Mecca and Medina

The National Water Company has begun operations on major transmission pipelines and storage reservoirs in Mecca and Medina to strengthen potable water supplies for residents and seasonal visitors.

Saudi Arabia Expands Digital Health Records and Telemedicine Across Regional Hospitals

The Ministry of Health is extending unified digital health applications and artificial intelligence-supported diagnostic tools across regional medical centres to improve coordination and healthcare delivery.

Saudi Fund for Development Signs Infrastructure Financing Deals in Africa and Asia

The Saudi Fund for Development has signed financing agreements worth hundreds of millions of dollars for transport, water and healthcare projects in partner countries across Africa and Asia.

Saudi Exchange Maintains Strong Institutional Trading Activity Across Major Sectors

The Saudi Exchange is recording steady liquidity and trading volumes, with institutional investors maintaining activity in leading banking, petrochemical and real estate shares.

Saudi Energy Ministry Holds Talks With Global Producers on Oil Market Stability

Saudi energy officials have held discussions with international counterparts on crude market conditions, emphasizing producer cooperation and supply management to support stability in global oil markets.

Roshn Plans New Smart Residential Communities in Jeddah and Eastern Province

Saudi developer Roshn has unveiled plans for large residential communities incorporating sustainable construction standards and smart-city infrastructure to meet growing domestic housing demand.

Saudi Tourism Sector Reports Strong International Visitor Growth During Summer

Saudi Arabia’s Ministry of Tourism reported increased international arrivals and hotel occupancy in Riyadh, Jeddah and Asir, supported by expanded summer entertainment programmes and electronic visa services.

Saudi Arabia Expands Sovereign Cloud and Artificial Intelligence Infrastructure

The Saudi Data and Artificial Intelligence Authority is expanding sovereign cloud capabilities and machine-learning regulatory frameworks as Riyadh develops its national technology and artificial intelligence infrastructure.

Saudi Aramco and Public Investment Fund Establish Advanced Manufacturing Ventures

Saudi Aramco and the Public Investment Fund have formed industrial technology ventures focused on producing oilfield equipment and automation systems in Saudi Arabia, supporting the expansion of domestic manufacturing capabilities.

Diriyah Gate Awards Major Contracts for Heritage and Cultural Development

The Diriyah Gate Development Authority has finalized multi-billion-riyal construction contracts for the next phase of museums, hotels and cultural attractions in the historic area associated with the origins of the Saudi state.

Neom and Red Sea Global Advance Sustainable Tourism and Hospitality Projects

Neom and Red Sea Global are reporting further construction progress at luxury coastal resorts and sustainable urban developments as Saudi Arabia continues work on major tourism projects under its Vision 2030 programme.

Saudi Press