Saudi Arabia News

Saudi Arabia Declares Start of Islamic Year 1448 Hijri

The Supreme Court confirmed the sighting of the crescent moon, marking the beginning of Muharram and establishing the official calendar for the new Islamic year.

Saudi Arabia Launches National Biotechnology Strategy to Expand Drug Manufacturing

Health officials introduced incentives to attract global pharmaceutical companies and establish local research and production facilities, reducing reliance on imported medicines.

Saudi Arabia and China Expand Petrochemical Cooperation Through New Joint Ventures

Saudi Aramco and Chinese state-owned enterprises signed agreements to build integrated refinery and petrochemical projects, strengthening long-term energy ties and downstream operations in Asia.

King Salman International Airport Advances With New Terminal Construction Contracts

Authorities awarded major engineering contracts for new passenger terminals in Riyadh as part of plans to turn the capital into a leading global transport and logistics hub.

Saudi Arabia Awards New Mining Exploration Licenses to International Companies

The government granted extensive exploration rights targeting rare earth elements and copper deposits as it seeks to unlock an estimated $1.3 trillion in mineral resources.

ACWA Power Secures Financing for Major Renewable Energy Projects in Uzbekistan

The Riyadh-based utility developer closed a large syndicated loan to support wind and solar projects in Central Asia, expanding the international reach of Saudi renewable energy expertise.

Red Sea Global Opens Three New Luxury Resorts on Saudi Arabia's Western Coast

The tourism developer unveiled additional ultra-luxury properties as rising international demand strengthens Saudi Arabia's position in the premium hospitality market.

Riyadh Air Completes Route Planning Ahead of Commercial Launch

Saudi Arabia's new national airline secured key landing rights at major European and Asian hubs as it prepares for the start of operations and seeks a strong position in international aviation markets.

Neom Accelerates Construction of The Line After Supply Chain Improvements

Project officials reported significant progress on foundational infrastructure for The Line in Tabuk, saying optimized logistics have helped overcome previous material bottlenecks.

Microsoft and Amazon Web Services Expand Saudi Data Center Investments

The technology companies announced plans for new data centers in Riyadh and Dammam to support Saudi Arabia's expanding digital economy and artificial intelligence ambitions.

Saudi Arabia Secures Multibillion-Dollar Electric Vehicle Investments From Asian Manufacturers

Government officials finalized investment agreements with major Chinese and South Korean automotive companies to establish battery production and vehicle assembly facilities in King Abdullah Economic City.

Saudi and US Defense Officials Coordinate Security Arrangements Following Regional Ceasefire

Senior military officials from Saudi Arabia and the United States held talks on air defense integration and maritime patrols in the Gulf as regional tensions ease following the ceasefire.

Saudi Aramco Expands Artificial Intelligence Use Across Oil Operations

The state energy company said it is deploying machine learning and advanced data analytics across major oil fields to improve efficiency, lower costs and strengthen carbon capture capabilities.

Saudi Arabia Calls for UN Reform and Reaffirms Support for Palestinian Rights

Addressing the United Nations on behalf of the Arab Group, Saudi Arabia urged candidates for the next secretary-general role to commit to international law, Palestinian rights and reform of the Security Council.

Saudi Arabia Concludes Hajj Season After Hosting Nearly Two Million Pilgrims

Authorities said the 2026 Hajj season safely accommodated around 1.7 million domestic and international worshippers and have begun preparations to reopen visas for the year-round Umrah pilgrimage.

Public Investment Fund Signs Real Estate Partnership With Talaat Moustafa Group

Saudi Arabia's sovereign wealth fund has agreed to cooperate with the regional developer on large mixed-use residential, commercial and hospitality projects as it expands urban development initiatives across the Kingdom.

Kingdom Holding and PIF See SpaceX Investment Rise to $6.83 Billion After IPO

Kingdom Holding Company said the value of its joint investment with the Public Investment Fund in SpaceX has climbed to $6.83 billion, underscoring Saudi Arabia's growing exposure to global technology and space industries.

Public Investment Fund Unveils New Five-Year Strategy Focused on Value Creation and Private Sector Growth

Saudi Arabia's sovereign wealth fund said its 2026-2030 strategy will prioritize stronger financial returns, greater private sector participation and the development of six new economic ecosystems to advance Vision 2030.

Saudi Arabia Backs US-Iran Peace Agreement as Strait of Hormuz Reopens and Oil Prices Fall

Saudi Arabia's Foreign Ministry welcomed the agreement brokered by Pakistan and Qatar to end regional hostilities and reopen the Strait of Hormuz, as crude prices fell below $80 a barrel on expectations of reduced geopolitical risk.

Saudi Aramco Expands Hydrogen Research to Strengthen Position in Global Clean Energy Supply Chains

Saudi Aramco has reaffirmed its commitment to hydrogen energy, increasing investment in blue and green hydrogen research. The company aims to integrate hydrogen into both domestic energy systems and global clean fuel supply chains.

Saudi Arabia Expands Climate and Desalination Research Partnerships With International Institutions

Saudi Arabia’s Ministry of Environment, Water and Agriculture has signed new agreements with global research institutions to advance desalination and water management technologies. The collaboration targets long-term water security chall...

Saudi Arabia Reports Rising Participation in National Sports and Youth Development Programs

The Ministry of Sport says participation in athletics and community sports programs has increased significantly. The growth supports broader national efforts to promote public health and expand youth engagement under the Quality of Life ...

Saudi Arabia Deploys AI-Enabled National Emergency Response Platform to Improve Public Safety Services

The Ministry of Interior has launched a unified digital emergency platform integrating artificial intelligence to improve incident reporting and response coordination. The system is intended to enhance public safety services across major...

Saudi Arabia Launches Venture Capital Fund to Support Early-Stage Fintech Startups

Saudi Arabia’s Public Investment Fund has introduced a new venture capital initiative targeting early-stage fintech companies. The fund is designed to accelerate financial technology innovation and expand digital banking adoption across ...

Saudi Tourism Authority Expands Air Connectivity to Secondary Cities Including Hail and Qassim

The Saudi Tourism Authority has secured new aviation partnerships to launch direct international routes connecting secondary cities such as Hail and Qassim with global destinations. The initiative aims to broaden tourism distribution bey...

Saudi Arabia Attracts Major International Financial Institutions to Expand Regional Headquarters in Riyadh

Saudi Arabia’s Ministry of Investment has confirmed new licences allowing global financial institutions to expand their regional headquarters in Riyadh. The move reflects continued investor confidence in the Kingdom’s financial sector an...

Saudi Arabia Overhauls Education Curriculum to Emphasise Coding, Robotics and Data Science

Saudi Arabia’s Ministry of Education has introduced updated curricula for secondary and higher education with a stronger focus on coding, robotics and data science. The reforms aim to prepare students for future labour market demands lin...

Saudi Arabia Leads Regional Security and Stability Talks on Maritime and Counterterrorism Cooperation

Saudi officials have held high-level meetings with regional partners to discuss frameworks for maritime security, counterterrorism coordination and economic stability. The discussions underline the Kingdom’s expanding diplomatic role in ...

Saudi Arabia Reports Record Attendance at Nationwide Summer Entertainment Festivals

The General Entertainment Authority says millions of residents and international visitors attended summer events across Riyadh, Jeddah and AlUla. The growth reflects the rapid expansion of Saudi Arabia’s entertainment sector under its wi...

Saudi Aramco Begins Construction of Multi-Billion Dollar Petrochemical Complex to Expand Downstream Industry

Saudi Aramco has started construction on a large petrochemical complex aimed at expanding downstream manufacturing capacity in the Eastern Province. The project is expected to generate industrial jobs and support broader economic diversi...

Saudi Arabia Partners With Global Technology Firms to Build Artificial Intelligence Research Hubs in Riyadh

Saudi Arabia’s Ministry of Communications and Information Technology has signed agreements with international technology companies to establish AI research and training centres in Riyadh. The hubs are intended to strengthen domestic tale...

Saudi Arabia Opens New Solar and Wind Energy Bids in Eastern Province Expansion Drive

The Ministry of Energy has launched a new round of competitive bidding for large-scale solar and wind projects in the Eastern Province. The program aims to expand renewable capacity and support the Kingdom’s broader decarbonisation and e...

Saudi Arabia Launches National Healthcare Workforce and Hospital Modernisation Program

Saudi Arabia’s Ministry of Health has introduced a national reform program to expand the domestic healthcare workforce and upgrade hospital infrastructure, including facilities in the Abha and Jazan regions. The initiative is designed to...

Saudi Arabia Expands Diriyah and AlUla Tourism Projects With Multi-Billion Dollar Infrastructure Contracts

The Diriyah Gate Development Authority and the Royal Commission for AlUla have signed new multi-billion dollar contracts with international firms to expand luxury hospitality and cultural tourism infrastructure. The projects aim to incre...

Saudi Arabia Records 12 Percent Rise in Non-Oil Revenue Driven by Tourism and Financial Services Growth

Saudi Arabia’s Ministry of Finance reported a 12 percent year-on-year increase in non-oil revenue, supported by growth in tourism, leisure and financial services. The data underscores ongoing diversification efforts under the Vision 2030...

Saudi Public Investment Fund Expands Aviation and Logistics Holdings to Strengthen Global Hub Ambitions

Saudi Arabia’s Public Investment Fund has acquired additional stakes in regional aviation support and logistics companies as part of a broader push to expand the Kingdom’s air transport infrastructure. The move supports national plans to...

Saudi Arabia Boosts Renewable Energy and Carbon Capture Investment as Aramco Expands Low-Carbon Strategy

Saudi Aramco has increased capital spending in renewable energy, low-carbon fuels and carbon capture and storage projects as it accelerates its transition strategy. The company said the expansion is intended to reduce emissions while mai...

Saudi Arabia Deepens China Cooperation in Technology, Defence and Space Programs After High-Level Talks

Saudi Arabia and China have agreed to expand strategic cooperation following senior diplomatic meetings, with new joint initiatives planned in satellite technology, renewable energy manufacturing and cybersecurity. The partnership marks ...

Saudi Arabia Launches 25 Billion Dollar Artificial Intelligence Fund to Accelerate National Digital Economy Strategy

Saudi Arabia’s Data and Artificial Intelligence Authority and the Public Investment Fund have unveiled a 25 billion US dollar investment program aimed at scaling domestic AI models, semiconductor capabilities and data infrastructure. The...

Saudi Arabia Marks Islamic New Year with Public Holiday and Market Closures

Government offices, banks and businesses temporarily suspended operations to observe the beginning of the Hijri year 1448, bringing trading on the Saudi Exchange to a brief halt.

Saudi Arabia Launches Nationwide Fan Zones for the 2026 FIFA World Cup

The Ministry of Municipalities and Housing will install large viewing screens and entertainment facilities in public spaces across the Kingdom to support the national football team during the tournament.

Sadara Chemical Faces Debt Deadline Following Prolonged Jubail Shutdown

The petrochemical joint venture between Saudi Aramco and Dow Chemical has reached the end of its debt grace period without a regulatory filing, underscoring the financial strain caused by an eleven-week shutdown of its facilities in Juba...

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