Saudi Arabia News

Roshn Begins New Residential Handovers Across Saudi Arabia

Public Investment Fund-backed Roshn has started additional home deliveries in master-planned communities in Riyadh, Jeddah and the Eastern Province, expanding housing options for Saudi citizens.

Red Sea Global Advances Resort Openings With 30% of Land Set Aside for Conservation

Red Sea Global is continuing phased openings of luxury tourism properties while maintaining environmental protections that reserve 30% of project land for conservation.

Saudi Central Bank Tightens Oversight of Banking, Cybersecurity and Digital Payments

The Saudi Central Bank is strengthening regulatory requirements for commercial banks, including risk management, cybersecurity and digital-payment compliance standards.

Saudi Arabia Expands High-Performance Computing and Quantum Initiatives

The Saudi Data and Artificial Intelligence Authority is working with global technology companies to develop advanced computing centres and specialized workforce programs in high-performance and quantum technologies.

Saudi Industrial Zones Attract New Foreign Manufacturing Investment

The Saudi Authority for Industrial Cities and Technology Zones says international manufacturing investment is increasing as upgraded infrastructure, improved logistics and full foreign ownership rules strengthen the sector’s appeal.

Saudi Arabia Expands Large-Scale Solar and Wind Power Projects

The Energy Ministry is advancing utility-scale solar and wind tenders across the Kingdom as Saudi Arabia seeks a more diversified domestic energy mix and lower carbon emissions.

LEAP 2026 Opens in Riyadh With 1,900 Companies and 600 Startups

The fifth LEAP technology conference has opened in Riyadh with more than 1,900 international companies, 600 startups and thousands of artificial-intelligence specialists showcasing Saudi Arabia’s expanding digital sector.

Saudi Arabia’s Giga-Projects Shift Toward Phased Construction and Delivery

Major projects including Neom, Qiddiya and Diriyah are moving toward phased delivery, infrastructure-first construction and long-term operations as Saudi Arabia aligns development schedules with Vision 2030.

Saudi Aramco Signs More Than $3.7 Billion in Agreements With French Companies

Saudi Aramco has signed partnerships worth more than $3.7 billion with French industrial companies covering supply chains, drilling technology and industrial applications of artificial intelligence.

LIV Golf Reportedly Prepares for US Bankruptcy Filing After PIF Support Ends

LIV Golf is preparing for a US federal bankruptcy filing after Saudi Arabia’s Public Investment Fund ended financial backing following the 2026 season, according to reports, with player settlements and restructuring financing under consi...

Saudi Aramco Adjusts September Crude Allocations Amid Red Sea and Hormuz Disruptions

Saudi Aramco is coordinating September crude-loading volumes with Asian customers on an ad hoc basis as regional hostilities and maritime security risks disrupt tanker traffic through key Middle Eastern shipping routes.

AWS and Saudi PIF’s HUMAIN Plan Cloud Region and 50-Megawatt AI Zone

Amazon Web Services and Public Investment Fund-owned HUMAIN plan to launch Saudi Arabia’s first AWS cloud region by late 2026 and develop a 50-megawatt artificial-intelligence zone by 2028.

Riyadh’s Al-Rabwa Dates Season Draws Hundreds of Thousands of Visitors

The annual Al-Rabwa Dates Season attracted hundreds of thousands of visitors while promoting local agricultural products, supporting farming cooperatives and showcasing Saudi cultural heritage.

Riyadh Season Organizers Prepare International Events and Partnerships for Winter Program

Saudi Arabia’s General Entertainment Authority is finalizing logistics and global partnerships for the upcoming Riyadh Season, which will feature cultural, theatrical and entertainment attractions.

Saudi Intellectual Property Authority Introduces AI-Assisted Patent Screening

The Saudi Authority for Intellectual Property launched automated artificial intelligence tools within its patent portal to shorten examination times for technology startups and digital innovators.

Saudi Health Ministry Expands Telemedicine Across Asir and Jazan

Saudi Arabia’s Health Ministry deployed digital diagnostic and telemedicine platforms in remote clinics across Asir and Jazan to improve access to specialist healthcare in mountainous and border communities.

Saudi Fund for Development Signs Overseas Water and Transport Financing Agreements

The Saudi Fund for Development concluded new agreements to finance desalination, sanitation and regional highway projects in partner developing countries.

Saudi Space Agency Expands International Satellite and Earth Observation Partnerships

The Saudi Space Agency signed cooperation agreements with international aerospace institutions covering satellite payload testing, remote sensing and specialized training for Saudi and Emirati engineers.

Diriyah Awards New Luxury Hotel and Cultural Venue Construction Contracts

The Diriyah Gate Development Authority awarded construction agreements for luxury hotels and cultural venues as work continues on the historic tourism destination’s development program.

Red Sea Global Adds New Luxury Resorts Along Saudi Arabia’s Western Coast

Red Sea Global completed additional ultra-luxury resort developments, expanding high-end accommodation capacity as Saudi Arabia seeks to grow international eco-tourism.

SABIC Reports Stable Performance on Specialty Chemical Demand in Asia and Europe

Saudi Basic Industries Corporation reported resilient quarterly performance supported by demand for high-performance polymers and specialty chemicals in major Asian and European markets.

Saudi National Bank Expands Corporate Lending for Infrastructure and Industrial Projects

Saudi National Bank reported strong capital levels and increased corporate credit facilities supporting expenditure on domestic infrastructure and industrial developments.

King Salman International Airport Construction Advances in Riyadh

Developers of King Salman International Airport reported continued progress on terminal foundations and airside infrastructure as construction moves toward major operational milestones.

Saudi Industrial Authority Expands Land Allocations in Dammam and Jubail

Saudi Arabia’s industrial cities authority approved new land leases in Dammam and Jubail for international manufacturers seeking logistics infrastructure and competitive energy access.

Saudi Electricity Company Expands Smart Grid Automation in Riyadh and Eastern Province

Saudi Electricity Company introduced automated distribution-network upgrades across Riyadh and the Eastern Province to strengthen power reliability during peak summer cooling demand.

Heavy Rain and Thunderstorms Cause Localized Flooding in Mecca

Saudi Arabia’s National Meteorological Center issued weather alerts after intense thunderstorms brought heavy rain and flash flooding to Mecca, prompting emergency deployments to protect transport links and public safety.

Saudi Aramco Says Zuluf and Fadhili Expansion Projects Remain on Schedule

Saudi Aramco said work on the Zuluf crude oil increment and Fadhili Gas Plant expansion is continuing as planned as the company develops additional upstream and gas-processing capacity.

Saudi Arabia Forecasts 4.6% Real GDP Growth as Non-Oil Economy Expands

Saudi economic planners expect real gross domestic product to grow 4.6%, supported by stronger non-oil manufacturing, investment flows and continuing diversification efforts.

Saudi PIF and US Export-Import Bank Advance $15 Billion Financing Partnership

Saudi Arabia’s Public Investment Fund and the US Export-Import Bank are progressing a framework providing up to $15 billion in export-credit support for bilateral industrial investment and supply-chain projects.

Saudi Aramco Signs More Than $3.7 Billion of Agreements With French Companies

Saudi Aramco signed procurement and technology agreements worth more than $3.7 billion with French companies in Paris, covering drilling equipment, supply-chain resilience and industrial artificial intelligence cooperation.

Saudi Arabia Refocuses Neom on AI Data Centres, Clean Energy and Advanced Manufacturing

Saudi authorities and Neom leadership are redirecting the Red Sea megaproject toward artificial intelligence data centres, clean energy infrastructure and advanced manufacturing at Oxagon following a review of long-term Vision 2030 prior...

Saudi PIF Plans to Raise European Investments to $170 Billion by 2030

Saudi Arabia’s Public Investment Fund plans to open a subsidiary office in Paris and increase its European asset allocations to $170 billion by early 2030, according to Governor Yasir Al-Rumayyan.

Saudi Arabia and Syria Sign State Broadcasting Cooperation Agreement

Saudi Arabia and Syria agreed to exchange educational, cultural and news programming across state television and radio networks, adding another area of institutional cooperation between Riyadh and Damascus.

Saudi Tourism Growth Continues After Kingdom Surpasses Visitor Target

Saudi Arabia’s tourism sector continues to expand following increased aviation capacity and hospitality investment, building on annual visitor numbers above 122 million and total tourist spending of $79 billion.

Saudi Arabia and Pakistan Agree $3 Billion Agricultural Trade Partnership

Saudi Arabia and Pakistan agreed to increase Pakistani agricultural and food exports to the Kingdom to $3 billion over the next two years as Riyadh seeks to strengthen food-security supply chains.

Saudi Arabia Plans Freedom of Information Law as Digital Economy Reaches 522 Billion Riyals

Communications Minister Abdullah Alswaha said a Freedom of Information Law will be introduced as Saudi Arabia’s digital economy, which the government says has grown 75% under Vision 2030, reaches 522 billion riyals and supports more than...

Riyadh’s LEAP Technology Summit Draws Investors Managing $14 Trillion

The fifth LEAP technology conference opened in Riyadh with more than 1,000 international investors and venture capital firms as Saudi Arabia expands its ambitions in artificial intelligence, sovereign data infrastructure and digital ente...

Saudi Arabia and France Finalise €16 Billion Investment Partnership

Saudi and French officials completed a €16 billion investment package covering artificial intelligence infrastructure, digital logistics and culture, alongside a Saudi commitment to a $7 billion theme park project near Paris.

Saudi Public Investment Fund Sets 2030 Strategy and Shifts More Capital Toward Europe

Saudi Arabia’s Public Investment Fund approved a five-year strategy prioritising domestic mega-projects and global partnerships while planning to reduce direct exposure to Swiss financial markets and raise commitments across the UK, Fran...

Saudi Press